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IIM Annual Lecture to Address Economic Recovery & Growth In Nigeria

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The Institute of Information Management (IIM) has announced plans to engage various stakeholders, as the Institute seek to provide support for the successful implementation of the national economic recovery and growth program recently released by the Federal Government of Nigeria, during the 2017 annual lecture, induction & award ceremony in Lagos.

The event is also expected to recognize and honour different stakeholders, including past and present public office holders, captains of industries including leaders in different sectors of the economy.

Speaking on lecture theme, Dr. Oyedokun Oyewole, president and chairman board of Directors/Governing Council at IIM – Africa, said that the event is aimed at highlighting the role of Information Management in supporting and ensuring adequate implementation of the recently released Economic Recovery and Growth Plan (ERGP) by the Federal Government of Nigeria, which is expected to lead to the growth of the nation’s economy by 2.19 percent in 2017 and 7 percent by the end of the planned period in 2020.

“The conference is not only timely but also essential at this point in time for a sustainable and competitive economy and economic transformation with emphasis on improving both public and private sector efficiency, which can only be guaranteed by ensuring proper management and access to information.

“In addition, successful implementation of the Economic Recovery and Growth Plan will grossly depend and thrive only on timely, accurate and strategically relevant information. There would be need for private and public sectors to embrace information management and analytics to improve productivity and enable innovation,” Dr Oyewole said.

He said that there is a tremendous economic potential that can be unlocked by using the increasing volumes and diversity of real-time information to make better decisions in a wide variety of sectors, from healthcare to manufacturing to retail to public administration as the economic recovery and growth plan seek to give attention to macroeconomic stability; economic growth and diversification; competitiveness and business environment; governance and security.

“Promoting access to information in government and other institutions will play a vital role in maximizing the proceeds of the economic recovery and growth plan. It will enables government agencies and third parties to create innovative products and services using datasets and their outcomes, that are generated in the course of providing public services or conducting research.

“Some of the key motivations for information management initiatives are to promote transparency of decision-making, create accountability for elected and appointed officials, and spur greater citizen engagement. In addition, however, it is increasingly clear that information management can also enable the creation of economic value beyond the walls of the governments and institutions that promote access to their information. This information can not only be used to help increase the productivity of existing institutions, it also can impel the creation of entrepreneurial businesses and improve the welfare of individual citizens,” he said.

The conference theme is “Information Management: A Strategic Tool for Economic Recovery & Growth”, and special guests invited for paper presentation at the conference are key ministers from different strategic ministries in Nigeria.

They include, the minister of power, works & housing, Barrister   Babatunde Fashola, (Special guest speaker), minister of finance, Mrs. Kemi Adeosun, minister, budget and national planning, Senator Udoma Udo Udoma, minister of industry, trade & investment, Dr. Okechukwu Enelamah, minister of solid minerals, Dr. John Fayemi Kayode and the minister of labour & employment, Senator (Dr.) Chris Nwabueze Ngige.

Aside the Lectures, the event will also feature the conferment of the Institute of Information Management (IIM) Fellowship on individuals who have made substantial contribution to the development of the Information Management and Technology profession, its practices or the Institute  of Information Management itself and Honorary Fellows on other professionals with backgrounds outside of Information Management field but are identified as having made significant contributions that impact on the profession and the society or the Institute of Information Management.

Dignitaries to be inducted / honoured at the event include, Oba of Lagos, His Royal Majesty Oba Rilwan Akiolu (Royal father of the day), Dr. (Amb) Asabe Shehu Musa Yar’Adua (Mother of the day), Dr. Shettima Abba – Ag, Executive Chairman, Federal Character Commission, Hon. Odeneye Kekinde Olusegun – Ijebu Ode / Odogbolu / Ijebu North-East Federal Constituency, Pastor  Michael Sunday Idowu – Presiding Pastor,  Divine Favour Covenant Apostolic Church, Senator Osita Izunaso, and Prof. Ademola Stephen Tayo – President/Vice Chancellor, Babcock University.

Other categories of inductees include Graduate, Associate, Professional, Senior Professional and Corporate.

2017 Industry Award (RIMA Awards)
Pioneered in 2005 by the Records and Information Management Awareness (RIMA) Foundation, the RIMA Awards has remain the only recognition for excellence in the records & information management industry in Africa.

The Awards recognizes organisations and individuals for demonstrating vision and business skills through implementation of highly successful projects that utilize leading-edge business technologies, and exemplary professional practice in the field.

Special awards will be presented to individuals and organisations (public and private) who have performed credible well in the information management industry.

The highlight of the 2017 Award ceremony will be the presentation of the “Best State Government Website in Nigeria Award”

 

 


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Students Loans’ Beneficiaries to Start Repayment 2 Years after Graduation-  NELFUND:

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Nigerian Education Loan Fund (NELFUND) has said that students in tertiary institutions and approved vocational centres would start repayment of the loan two years after graduation.

Students Loans’ Beneficiaries to Start Repayment 2 Years after Graduation-  NELFUND:

However, NELFUND management specifically stated that the repayment of the loan would commence if the students secured a job or went into business.

Mr. Akintunde Sawyerr, managing director, NELFUND, said the Act specify a moratorium of two years after graduation for the students to begin repayment of the loan.

Sawyerr said if the students start work, his employer would be expected to remit 10 percent into NELFUND dedicated account.

He added: “The loan does not have a specified repayment tenure. It makes it easy for students to apply for the loan. NELFUND would pay according to the documents provided by the institutions. We cannot put tenure on the loan; some will die, drop out, ‘Japa’ or refuse to pay. While those who went into business would pay into same account.

“It is a revolving a loan. We will not put students under pressure to get the loan and we are not going to state a tenure because it is not a commercial loan.’’

According to him, the loan is meant for students in public universities, polytechnics, colleges of education and vocational institutes, who apply via NELFUND portal and are expected to present their JAMB admission letter, NIN and BVN.

He explained that non-students would not have access to the loan and that NELFUND has put the necessary machinery in place to ensure that beneficiaries can be reached when the need arises.

His words: “We are using technology to run the new system. The process of application is online through our dedicated portal and we are limiting human contact as much as possible. Once you have a Bank Verification Number (BVN) and National Identification Number (NIN), which are parts of the requirements, we will have access to your data and all your accounts. This will also help us to know if you are qualified or not,” Sawyerr stated.

The MD disclosed that students already in institution are eligible to apply for the loan at any level of their study and must be at the beginning of each academic session.

He noted that such students would have to provide their admission and matriculation details in addition to BVN and NIN.

Sawyerr added that about 1.2 million Nigerian students in tertiary institutions and government-recognized vocational centres would be among the first batch of beneficiaries and that the figure would increase as time goes on.

The NELFUND boss disclosed that the scheme would be funded from one per cent of the total annual revenue by the Federal Inland Revenue Service (FIRS), which would amount to N194 billion if the agency meets its projection.

Sawyerr observed that the loan would be paid in two segments, the first, being the school fees, which would be paid directly to the institutions while stipend would be paid into students’ account for their day-to-day upkeep.

He added that the amount individual students would access varies because of the course of study, school fees and geographical location of the institutions.

“You don’t start paying back the loan until two years after your National Youth Service Corps (NYSC) scheme and you have secured a job or business. A beneficiary can defer repayment if he has not secured a job, but if after due diligence, he/she defaulted, then the student becomes a criminal and we will work with government agency that can help us get the money back, for example, EFCC, ICPC,” Sawyerr stated.


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GPA Raises Alarm, Says Malaria Vaccine Can Cause Meningitis

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Global Prolife Alliance (GPA), global health organization, has told the National Assembly that the intended malaria vaccine currently proposed by Bill Gates, American billionaire, for Nigeria can trigger meningitis in the populace.

GPA Raises Alarm, Says Malaria Vaccine Can Cause Meningitis

Dr. Philip Njemanze, chairman of GPA, gave the warning in a statement released to newsmen in Owerri, the Imo state capital.

Njemanze, known for being pro-health in the Catholic church, charged the national assembly not to be in a hurry to succumb to the pressure of the bill currently before the house.

He said the vaccine may trigger the deaths of millions of Nigerian children prone to cerebral meningitis, especially in the northern part of the country.

Part of the letter read “Among the side effects is a tenfold increase in cerebral meningitis. Nigeria is endemic for cerebral meningitis. A tenfold increase could cause the deaths of millions of children, especially in northern Nigeria.

“Please intervene and call for a public hearing, for an open public discussion on the pros and cons with expert opinions from both sides. This will help the Nigerian people to be better informed about granting or withholding consent for the vaccination.

“Your intervention could save millions of lives, especially in northern Nigeria, where meningitis is most endemic, particularly at this time of serious insecurity,” Njemanze warned.

 

 


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NERC Cedes Regulatory Oversight of Enugu Electricity Market to State Government Agency

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The Nigerian Electricity Regulatory Commission (NERC) has ceded the regulatory oversight of the Enugu electricity market to the Enugu Electricity Regulatory Commission (EERC), which is owned by the state government with effect from May 1, 2024.

This is the first-ever transfer of regulatory powers from the NERC to a state government electricity regulator.

“On completion of the Transfers under subsections (2) and (3), whichever occurs later in time, the Commission shall have no further regulatory responsibility whatsoever for electricity market activities carried on entirely within the State to which regulatory responsibility has been transferred and for which the Additional Successor Company has been incorporated and conferred with assets, liabilities, employees, rights and obligations,” NERC said in a statement signed by Sanusi Garba and Dafe Akpeneye.


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