The Centre for Anti-Corruption and Open Leadership (CACOL) on behalf of the Civil Society Coalition Against Corruption yesterday in Lagos called on President Bola Ahmed Tinubu to graciously give assent to the Bill for an act to amend the Revenue Mobilisation Allocation and Fiscal Commission Act, CAP. R7 LFN 2010 to grant the commission enforcement powers in the monitoring of accruals to and disbursement of revenue from the Federation Account and bring the Act in conformity with the provisions of the 1999 Constitution (as Amended); and for other matters related therewith.
The Coalition which made the appeal in a statement issued to media houses in Lagos, and signed by Comrade Debo Adeniran the Chairman of CACOL, recalled that the 9th Assembly at the twilight of the last administration had graciously and expeditiously passed the Bill that will give the beleaguered Commission a new lease of life which is awaiting President Bola Ahmed Tinubu’s assent.
According to the statement, the Bill as passed by the National Assembly prescribes that the Commission shall be wholly funded by the three tiers of government being beneficiaries of the Federation Account.
The Statement laments that as one of the fourteen (14) Executive Bodies recognized by the Constitution, RMAFC is one of the most poorly funded Agencies compared to other sister Constitutional bodies like Independent National Electoral Commission (INEC), National Population Commission, National Assembly and others that are heavily funded from the national purse.
The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) is one of the Executive bodies established by the 1999 Constitution of the Federal Republic of Nigeria (As Amended). Amongst its fundamental powers and functions are;
To monitor the accruals of federally-generated revenues to the Federation Account and disburse same to the three tiers of government;
Review from time to time, the Revenue Allocation formulae and principles in operation to ensure conformity with changing realities,
Determine remuneration packages appropriate for political, public and judicial office holders as well as
Advise governments at all levels on ways to improve their internally-generated revenues.
They opined that, the important role the Commission plays in the nation’s political economy through statutory allocation of revenue via an equitable revenue sharing formula to the three tiers of government and fixing remuneration for public, political and judicial office holders at all levels of government has enormously contributed to the democratization process, thus encouraging good governance, transparency and accountability and even development in the country.
The Chairman of the Coalition Debo Adeniran noted that “the review process of the above exercises involves extensive and in-depth research and studies in various areas of our political economy, call for memoranda, consultations, sensitization workshops, collection and collation of data, studies of other similar Federations in respect of fiscal arrangements, public hearings and administration of questionnaires which involves huge expenditure”
“These exercises normally take the Commission to all the 36 states of the Federation and the FCT, as well as the 774 Local Council across the country to sensitize Nigerians to make input into the review process”.
“In the area of reducing revenue leakages and enhancing revenue generation, the Commission, has succeeded in expanding the sources of revenue to the Federation Account through the recoveries of hundreds of billions in the recent past”.
“It is gratifying to note that in order to ensure synergy in revenue generation, remittance and monitoring, the Commission also continues to engage critical stakeholders like the Federal Ministry of Industry, Trade and Investment, the Customs Service, Federal Inland Revenue Service, NNPC and its subsidiaries and the Central Bank of Nigeria to strategize on how to reduce revenue loss through indiscriminate granting of waivers and tax holidays”.
The coalition explained in the Statement that one of the major challenges faced by the Commission is the absence of financial autonomy and weak regulatory framework which directly hinders the effective and efficient performance of its operations with annual budgetary allocations for the financing of its activities over the years being grossly inadequate as to protect its independence and cater for its nationwide field operations. The sensitive nature of the Commission’s role in Nigeria’s Fiscal management requires a large measure of independence including financial autonomy.
The Coalition also noted with dismay that, while the Commission continues to discharge its constitutional responsibilities assiduously with little resources, workers and their chief executives in the various revenue generating Agencies it supervises, luxuriate in humungous salaries and allowances driving state-of-the-art cars as official vehicles, working in spacious and well-equipped offices and attending conferences, seminars and retreat abroad all at the tax payers expenses.
“In all honesty, how do you expect RMAFC to effectively monitor those Agencies without being ridiculed given the impoverished working conditions of their staff, how can the Commission attract top rate graduates and experienced hands like those in the MDAs they are supposed to oversight, how can they deploy top-notch ICT infrastructure like those obtained in FIRS, Customs, and NNPCL?”
“It is maladroit to expect a poorly funded organization with ill-motivated staff to perform supervisory functions on well-funded agencies whose staff are adequately remunerated and highly motivated”.
The Statement stressed that in view of the overriding importance of RMAFC’s role in stabilizing the nation’s political and socio-economic development since inception, there is the need to adequately fund the Commission through increased budgetary allocation and placement on first line charge so as to enable it to effectively supervise revenue generating agencies such as FIRS, NNPCL, Customs as well as carry out its other constitutional duties.
“The only viable option that will put the Commission on a strong financial pedestal is if Mr. President appends his golden signature on the new Bill placed on his table”.
The Coalition also expressed optimism that the Bill when eventually signed by Mr. President will reposition the Commission by giving it the needed impetus to perform optimally with the removal of financial, legal and regulatory encumbrances that hitherto made it a toothless bulldog that can only bark but not bite.
“While it is apt to note that PBAT does not waste time in signing Bills into law provided they serve the peoples’ best interest as demonstrated in his first few weeks of assumption of power, it is equally concerning that the RMAFC Bill is still in Mr. President’s incoming tray awaiting his final assent”.
In order to expedite action for the Bill to see the light of the day, it also called on other critical stakeholders like the National Economic Council, the Nigeria Governors’ Forum, ALGON and the Media to bring their influence to bear on the Presidency to do the needful.
“It is our strong belief that the signing of the Bill into law by Mr. President will translate to stoppage of leakages in revenue generation, increase more revenues into the Federation Account and generally promote transparency and accountability in the management of our Commonwealth in consonance with President Bola Ahmed Tinubu’s Renewed Hope mantra. A stitch in time saves nine”.
BAWA’S INDEFINITE SUSPENSION: CACOL COMMENDS PRESIDENT TINUBU.
The Centre for Anti-Corruption and Open Leadership, CACOL, hashailed President Bola Tinubu for approving the indefinite suspension of the Chairman, Economic and Financial Crimes Commission, AbdulRasheed Bawa, from office.
In a press release issued by the anti-graft coalition’s Director of Administration and Programmes, Tola Oresanwo on behalf of its Chairman, Mr. Debo Adeniran, he noted, “It was reported that President Bola Ahmed Tinubu has indefinitely suspended the Chairman, Economic and Financial Crimes Commission, AbdulRasheed Bawa, from office, to allow for a thorough investigation into his conduct while in office following “weighty allegations” of abuse of office against him.
The suspension of the Chairman, Economic and Financial Crimes Commission, AbdulRasheed Bawa, from office is a welcome development that is long overdue due to the sensitive nature of his office. We had earlier joined other Civil Society Organisations to call on the immediate Past President, Muhammadu Buhari to relieve Bawa of his appointment in order to allow for thorough investigations of allegations leveled against him.
It should be noted that we wrote the Senate not to confirm him based on the allegations leveled against him when he headed the Port Harcourt office of the anti-graft agency but the Attorney General smuggled him in and got the National Assembly to confirm him. Moreover, because of the way and manner the immediate past Acting Chairman of the agency, Ibrahim Magu was eased out of EFCC, we opined that Magu was yet to be removed from the office permanently and that he was still the Acting Chairman of the agency. So by this action coming from the President, we have been vindicated as we have opposed Bawa’s nomination from the beginning.
“It must also be noted clearly, that we are not opposed to the commission’s mandate to fight corruption, but we are opposed to the seeming politicization of the agency under Mr. Bawa, its clear fixation on certain individuals in society, needless media trial, alleged corruption within the agency, and the manner in which EFCC officials act above the law by corrupting our judicial processes with impunity.
“We therefore commend President Bola Tinubu for heeding to the yearnings of the people by taking drastic action which the past administration found too difficult to take. This singular action by the President would send a note of warning to all other holding one position of authority or the other that they can be called to give account of their stewardship at any time.
“We would like to advise that the selection of the next Chairman of the Commission should be based on merit and political consideration should be downplayed. This will allow the agency to function and discharge its duties without fear or favour. The good work of fighting corruption to standstill by the agency should also be supported by the government”
The Centre for Anti-Corruption and Open Leadership, CACOL, has called on anti-corruption agencies, National Judicial Council and the Presidency to urgently set machineries in motion to investigate Senator Adamu Muhammad Bulkachuwa over his statement that he obtained favours from his wife on behalf of his fellow senators.
In a release issued by CACOL and signed by TolaOresanwo, the anti-corruption organization’s Director of Administration and Programmes, on behalf of its Chairman, Mr. Debo Adeniran, he stated, “It would be recalled that Adamu Muhammad Bulkachuwa, the current senator representing Bauchi North senatorial districtin a video clip which surfaced yesterday, spoke at the valedictory session of the Ninth Senate. Bulkachuwa claimed that he encroached on his wife’s (ZainabBulkachuwa, a retired Justice of the Appeal Court) “freedom and independence” in the course of her official duties as head of the second highest judicial office in Nigeria.
“We watched the video which has gone viral and we were aghast that a serving Senator could condescend so low to the extent of currying unmerited favouron behalf of his colleagues from his wife who was privileged to be in a position of judicial authority. More alarming is the fact that the Senator has the boldness, audacity and temerity to come out in the presence of the press to confess his ‘many sins’ to the Nigerian state. This shows the level of impunity being exhibited by our so called representatives of the people.
Since Senator Adamu Muhammad Bulkachuwa has dramatically blown his own whistle, he has finally confirmed the reason why so many Nigerians have lost faith in the judiciary. Can we say all the cases his wife handled during her days on the bench are dispensed without fear or favour? The Senator’s statements in the viral video shows that corruption in high places is on the increase in the country and drastic measures must be taken to stem the tide. The President should not overlook this serious infraction committed by a person who is supposed to know and protect the laws of the land. It is one anomaly that shows the rot not only in the judiciary but in virtually every arms of government.
The anti-graft czar added, “Considering the strategic and critical role of the legislative and judicial arm of government, we believe people like Senator Adamu Muhammad Bulkachuwa, are not worthy in character and personality to represent any particular group of people in the country. We therefore call on Anti-corruption Agencies, the National Judicial Council and the presidency to swing into action and immediately investigate the claim by the Senator. He and his wife should be quizzed to determine the cases he intervened in and correction or redress should be made in those cases while he along with his wife should be appropriately punished to serve as deterrent to others.
N910BN MDAs SHORT-TERM LOANS: CACOL CALLS FOR URGENT RECOVERY
The Centre for Anti-Corruption and Open Leadership, CACOL, has called on the Accountant-General of the federation to urgently recover short-term loans it advanced federal ministries, departments and agencies from the Special Funds Accounts totaling N910 billion.
In a release issued by CACOL and signed by Tola Oresanwo, the anti-corruption organization’s Director, Administration and Programmes on behalf of its Chairman, Mr. Debo Adeniran, he stated, “We received the news that the Senate Public Accounts Committee (SPAC) chaired by Senator Mathew Urhoghide, which scrutinized the 2017 report of the Auditor General for the Federation discovered the anomaly. According to the Auditor General of the Federation (AuGF), query, loans and debts arising from Special Funds Accounts totaling N910,039,557,742 showed that the balances remained unpaid throughout the year even when they were meant to be short term”.
“It should be noted that the Committee observed that there was a continuous abuse of the Special Funds by the Executive arm of government as the withdrawals were continually made for political expediency outside the purpose which the funds were meant for. The Senate therefore ordered that all outstanding loans should be recovered by the Accountant General of the Federation and evidence of recovery presented to the Auditor General and Senate Public Accounts Committee within 60 days”.
The anti-corruption Czar opined that “It is disheartening and demoralizing how public funds are being mismanaged by the management of most of the MDAs. Inasmuch as we are not against giving out such loans based on the exigencies of the time and paucity of funds that may arise occasionally, the office of the Accountant General ought to have scrutinized the purpose for which these short term loans were sought before giving it out to the MDAs concern. There ought to be concrete arrangements for repayment of the loans and penalties that payment default would attract ought to be made crystal clear for the MDAs concern to know before giving them these loans. In case of default, the loans ought to be deducted from the appropriation to the MDA concerned in the following year’s budget.
“As we have said earlier, we have observed that there have not been serious punishment for impunities like this hence civil servants and public officials who were supposed to hold their position in trust for the members of the public and the generality of Nigerians engaged in financial recklessness knowing fully well that there will not be backlash for their actions. This trend is not peculiar to the MDAs only, as both the 1999 Nigerian Constitution (as amended) and other existing financial laws are either inadequate or contradictory in addressing modern challenges posed by corruption in the country”.
The CACOL Boss further enthused, “We want to commend the Senate Public Accounts Committee for investigating the whereabouts of this huge sum of money and for giving a marching order that all outstanding loans should be recovered by the Accountant General of the Federation and evidence of recovery presented to the Auditor General and Senate Public Accounts Committee within 60 days. We would also want them to go beyond this order and ensure that all MDAs that defaulted in paying back these loans are published, the amount being owed should also be deducted from their next appropriation and their management should be made to face the full wrath of the law in order to serve as deterrent for others.”
CACOL CONGRATULATES PRESIDENT TINUBU, CAUTIONS HIM ON FUEL SUBSIDY REMOVAL
The Centre for Anti-Corruption and Open Leadership, CACOL, has congratulated the incoming President of the Federal Republic of Nigeria, President Bola Ahmed Tinubu who was sworn in as the 16th President of the country. The Anti-Corruption organization however cautioned the President over his recent decision to stop fuel subsidy regime in the country.
In a release issued by CACOL’s Chairman, Mr. Debo Adeniran and signed by the anti-corruption organization’s Director of Administration and Programmes, Tola Oresanwo, he stated, “We do not agree with Mr. President that fuel subsidy can no longer justify its ever-increasing costs in the wake of drying resources rather we want to align ourselves with the school of thought that believes that subsidy should not be removed from fuel, it doesn’t matter who uses fuel. Those buying Luxury items like expensive cars/vehicles should be made to pay more at the point of registering their cars and renewing their vehicle papers based on the cost and the age of the vehicle. These sets of people are the ones using petroleum products more. Same policy should apply to those using expensive or high capacity generators who should be made to also register them with the government. All the luxury goods should attract higher taxes and rates, these will generate the needed income that can serve as alternative to the subsidy the president is trying to remove.“
We at CACOL believe that our people especially the middle class and those occupying the lower rung of the social strata would be forced to face the following consequences of fuel subsidy regime removal:
General increase in the prices of fuel and other related products.
General increase in the cost of transportation.
General devaluation of the commanding power of wages
Lowering of general living standards.
The decision will foist on the people multiple economic discomforts pitiably on the same people who are just coming out of the bad effects of crashing state revenues and variants of poverties of material well-being, the difficulties associated with the recent unavailability of petrol, the hard pains suffered from the lack of cash, resulting from the seemingly deliberate Emefiele driven fiscal policy and failed currency redesign
“We would like to advise that Mr. President should not come in to cause agony and increase the level of misery of the people most of whom are already living below the poverty line and who are also looking up to him to proffer solutions to the myriads of problems facing the country. Moreover, the promise of renewed hope would have been eroded if the President carries out his planned suspension of the fuel subsidy regime removal. Instead of removing the subsidy on micro products like fuel, he should rather extend subsidy to other products like foodstuff, the government should create food banks and produce marketing boards to receive all what farmers especially and other food producers harvested from their farms and buy at profitable rates and sell back to the masses at subsidies rates.
He should also ensure that another way of compensating the poor for the crimes of the rich is to ensure that public education system is completely free from the nursery level to first degree level and other levels of education (from Masters’ to Ph.D level) should be generally available to those who can afford it.
We are particularly disappointed that Mr. President carried out his threat to remove fuel subsidy without adequate consultations with the various stakeholders and without considering the implications of the decision on the small scale enterprises and majority of our people who have been impoverished by the misgovernance imposed upon them by successive governments in the past.
The CACOL Boss added, “We would like to use this medium to call on the President to declare his assets, because he has come to equity and he should be seen to have come with clean hands. We want to know his assets and liabilities, and he should make it open to the generality of Nigerians. We are making this demand because we want him to run an open and participatory government and a government that is not shrouded in secrecy. He should also appoint people of competence and impeccable character so that there would be ‘right pegs in right holes’ so that at the end of the day, those of us who have reposed some level of confidence in him would know the indices and indicators we can use to appraise his government, whether to praise it or condemn it.”
“That we seem to be supporting his ascendancy doesn’t mean that when things are commendable we will not commend it and when they are condemnable we will actually condemn whatever misstep we identified. We would also want him to make the implementation of his campaign promises to be SMART so that we may know the parameters to access his performance in office. ”
ALLEGED ILLEGAL SALE OF 48 MILLION BARRELS OF CRUDE OIL WORTH $2.4 BILLION: CACOL BACKS HOUSE OF REPRESENTATIVES’ PROBE.
The Centre for Anti-Corruption and Open Leadership, CACOL, has thrown its weight behind the Nigerian House of Representatives bid to investigate the alleged illegal sale of 48 million barrels of crude oil worth $2.4 billion.
In a release issued by CACOL and signed by Tola Oresanwo, the anti-corruption organization’s Director of Administration and Programmes, on behalf of its Chairman, Mr. Debo Adeniran, he stated, “We welcome the decision by the House of Representatives to investigate the alleged illegal sale of 48 million barrels of crude oil worth $2.4 billion”.
It would be recalled that in December 2022, the house had set up an ad hoc committee to investigate a whistleblower’s claims that 48 million barrels of Bonny Light crude was illegally sold in China in 2015. The committee was also to investigate all crude oil exports and sales by Nigeria from 2014 till date.
To this end, the House Committee will on April 11, 2023, grill ministers and other heads of ministries, departments and agencies of the Federal Government as well as oil companies and banks over the alleged illegal sale of 48 million barrels of crude oil valued at $2.4bn.
The CACOL Boss stated that “It is a known fact that even as government complains of dwindling revenue, there are so many avenues that revenues that are supposed to be remitted to government coffers are being siphoned. This alleged illegal sale of crude oil is one of them. Some Experts have come out to say that Nigeria losses about 600,000 barrels of crude oil per day to oil thieves. The Nigerian National Petroleum Corporation (NNPC) however admits losses of 470,000 barrels per day. While this discrepancy exists, what is, however certain is that much of our crude oil is stolen on a daily basis.”
“We at CACOL believe that the magnitude of Oil theft in Nigeria is so huge as a result of the systemic and pragmatic co-operation and connivance between security forces, militia organizations, the local population, and oil company employees who use a variety of methods to steal oil from the multinational oil corporations that are stationed within the country. Similarly, the lack of social welfare in Nigeria, the high poverty rate, and poor governance are elements that foster a positive environment for oil theft operations”.
The CACOL Boss further enthused, “we at CACOL commend the House of Representatives for this bold step. It is indeed a step in the right direction and we want them to make the report of their findings public so that every Nigerian will know who are behind the incessant oil theft in the country and anyone found culpable should be made to face the full wrath of the law to serve as deterrent to others. We would also use this medium to call for stronger legislation, strategies and mechanisms that will ensure nefarious acts like this are very difficult to carry out by the enemies of the state.”
CACOL CONGRATULATES THE PRESIDENT-ELECT, ASHIWAJU BOLA AHMED TINUBU
The Centre for Anti-Corruption and Open Leadership, CACOL writes to congratulate the President-Elect, Ashiwaju Bola Ahmed for winning the keenly contested presidential election of our great country Nigeria.
Your emergence as the President-Elect marked another great milestone in the history of the country and it also shows the huge level of confidence reposed in you by the people.
We are particularly not surprised by your recent success at the polls because since you emergence as the flag bearer of your party the All Progressive Congress (APC), we had no doubt that you will come out victorious in the Presidential election.
History will not forget in a hurry the energy and vigour you devoted to political activism and democratic struggles and your labour of love which was manifested in raising numerous others who are doing well in our political space today.
With this victory, you have proved the ‘doubting Thomases’ who believed you will only record marginal success in the geopolitical zones where your political party held sway, wrong. You have also proved to the world that your claim of not losing any election right from the time you dabbled into politics is not a fluke.
We hope you will bring your years of experience and transformational leadership style to bear in governing the affairs of this great country. We also believe that your ability, capacity and strong managerial acumen will play a major role to transform the various sectors of our country and awaken the sleeping giant in Nigeria by turning the country into a major economic and agricultural hub of Africa.
As a true democrat, we hope you, with your team, will bring together all Nigerians irrespective of their tribal, political or religious affiliations so that Nigeria can continue on the path of unity, self-reliance, economic growth and development.
Accept the assurance of our high regards and recognition.
The Centre for Anti-Corruption and Open Leadership, CACOL, has enjoined Nigerians to remain calm in the midst of current challenges facing the nation even as the nation prepares for the forthcoming elections.
In a release issued by CACOL and signed by Tola Oresanwo, the anti-corruption organization’s Director, Administration and Programmes on behalf of its Chairman, Mr. Debo Adeniran, stated that, “It would be recalled that the we have few days left before the presidential and parliamentary elections in Nigeria, It will be the largest democratic exercise on the continent as Africa’s most populous nation picks a new president. The election, as important as it is, would take place even as the country battles myriad economic and security problems that range from fuel and cash shortages to rising terror attacks, high inflation, and a plummeting local currency.”
Inasmuch as we would like to commend the Independent National Electoral Commission (INEC) for its efforts to ensure a credible election through the adoption of innovative technologies such as the Bimodal Voter Accreditation System (BVAS) we cannot but express concern about existing predicaments like logistical difficulties of fuel and cash scarcity that could impact the integrity of the elections.
We all know that Fuel shortages and scarcity of the newly redesigned local currency have stirred violent protests in parts of Nigeria as millions of people struggle to get their hands on new versions of banknotes. The rising security concerns and frequent attacks on INEC facilities in the country is a challenge to the safety of voters and the integrity of the forthcoming election which is poised to become a seminal moment in the country’s political history.
We at CACOL would like to use this medium to call on all stakeholders with one thing or the other to do with the upcoming elections to put in their best so that we can have free, fair, and transparent elections. We would also like to call on the citizens to remain calm and allow the government to fix the myriads of problems bedeviling the country.
The CACOL Boss added, “To the contestants to various elective positions, we want them to know that they can only represent the people in an atmosphere of peace and tranquility, we need peaceful elections to give democracy a boost in the country, hence the need for all the candidates, the party chairmen and members of all political parties, to respect the voice of Nigerians and embraced the politics of peace.”
BUHARI’S SPEECH: A PRECURSOR TO AUTOCRATIC GOVERNANCE
The Centre for Anti-Corruption and Open Leadership, CACOL has bemoaned President Muhammadu Buhari’s speech in which he regarded the N500 and N1,000 notes has ceased to be a legal tender in the country.
In a release issued by its Director, Administration and Programmes, Tola Oresanwo on behalf of the organization’s Chairman, Mr. Debo Adeniran, he stated, “In the last couple of weeks, Nigerians have been facing the reality of scarcity of cash. Our banks are overwhelmed by angry customers demanding money, the ATMs are flooded with furious Nigerians struggling to withdraw cash, and some spend the whole day hoping to get a few Naira notes to pay bills. POS operators complain of lack of money; a few have charged between 15% and 20% to customers to get some cash”.
But to make matters worse, President Buhari in his recent speech to the nation illegalizes the N500 and N1,000 notes despite the Supreme court ruling extending the period the notes can be in circulation.
The CACOL head noted that “The Supreme Court can make pronouncement even on the President or whatever policy that emanates from the executive and because the Central Bank of Nigeria (CBN) is part of the executive, any pronouncement from the Apex court relating to the monetary policy of the land in particular and the CBN in general must be obeyed to the latter. The presidency is fast turning itself to the Judiciary. Since the pronouncement has ordinarily extended the period with which the old naira notes could be used, the president doesn’t have to review it pending the ruling of the Supreme Court. What the president has done is tantamount to contempt of court which is a kind of impunity and it is a precursor to rule of the thumb instead of rule of law”
Moreover, the principle of separation of powers clearly defines the limit of each arm of government. Taking the President’s speech into context, it shows president Buhari is gravitating towards dictatorship. The President ought to know by now that he cannot and he is not in a position to nullify the decision of the Supreme Court. If the executive is not pleased with the decision of the Court, the Attorney General of the Federation has the opportunity of going back to the Supreme Court to ask for a review of the earlier decision not that by Presidential fiat he would kind of set it aside without going back to the court.
Furthermore, the Attorney General who is supposed to be the Chief Legal Adviser in this administration doesn’t seem to deserve his license to operate as a legal practitioner anymore as he has become an embarrassment to the legal profession which he claims to represent. His credentials should be recalled and he should be sanctioned by the Body of Benchers.
The nonchalant attitude of the government which was displayed by the carefree speech delivered by the president has heightened the initial protests to full-blown riots in different parts of the country as we speak and the country is sliding rapidly into a state of anarchy. State governors are now giving counter directives to citizens of their states on what to do with the old notes and if different states are carrying out different policies as diverse and distinct from that at the centre then we can say that a state of anomie is imminent.
We at CACOL will like to use this medium to implore all stakeholders to respect the rule of law and the principle of separation of powers while urging the citizens to remain calm in the midst of the present uncertainties and allow the government to find a lasting solution to the present impasse.
CACOL COMMENDS PRESIDENT BUHARI FOR SIGNING THE BUSINESS FACILITATION BILL INTO LAW.
The Centre for Anti-Corruption and Open Leadership, CACOL, hashailed President Muhammadu Buhari for signing the business facilitation bill into law.
In a press release issued by the anti-graft coalition’s Director of Administration and Programmes, Tola Oresanwo on behalf of its Chairman, Mr. Debo Adeniran, he noted, “It was reported that the President has assented to the Business Facilitation (Miscellaneous Provisions) Bill 2022 also known as the omnibus bill and five other bills passed by the National Assembly.
Presented as an executive bill, the business facilitation (miscellaneous provisions) act, 2023, is a legislative intervention by The Presidential Enabling Business Environment Council (PEBEC), which amends 21 business-related laws, removing bureaucratic constraints to doing business in Nigeria.
The new law also codifies executive order 001 on transparency and efficiency in public service delivery, aimed at strengthening ease of doing business reforms across the country.
The CACOL Chair opined that “we hope the signing of this bill into law will mark a turning point for ease of doing business, transparency, efficiency and productivity in the country. We all know that the country has been known for various bureaucratic bottlenecks when it comes to running a business, which has impeded so many entrepreneurs who would have established businesses that would thrive and absorb the teeming numbers of jobless youth in the country.”
“We therefore commend the 9th national assembly for its speedy consideration of this bill, and President Buhari for signing it into law as this singular action would boost the delivery of an enabling environment for micro, small and medium-sized enterprises (MSMEs) in Nigeria.”
“Ease of doing business will reduce the propensity to demand and give bribes before things are done. We also believe that when people have direct access to their own business, and they can do their business and make profits, the penchant to get involved in corruption will be reduced”
“We have always opined that if there were enabling laws, policies and a strong will to implement those laws, corrupt practices, and opacity in the business environment would be easily nipped in the bud.”
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