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Fund Entrepreneurial Studies in Private Varsities, Bamidele Tells TETFUND

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Sen. Dr Michael Opeyemi Bamidele
Sen. Dr Michael Opeyemi Bamidele
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…. Says Nigeria must adopt Asian Tigers’ template

Following pervasive joblessness and youth restiveness rocking all the geopolitical zones of Nigeria, a Senate member, Senator Opeyemi Bamidele, has urged the federal government to extend funding to private universities running entrepreneurial Studies across the nation to make their graduates financially self- reliant.

The Chairman, Senate Committee on Judiciary, Human Rights and Legal Matters, vehemently disagreed with the current template, whereby such funding was being limited to public universities, insisting that intervention of this fashion should cover both public and private ivory towers offering Entrepreneurial Studies as a course.

The Senator described this as a potent remedial action that can tame joblessness and poverty in the country.

Bamidele, the Chairman, Southern Senators Forum, said this at Ikeji Arakeji, Osun State, on Friday, while being garlanded with the honourary Doctor of Philosophy title by the Joseph Ayo Babalola University, in recognition of his exemplary and enigmatic services to the nation.

The Federal lawmaker added that the priority placed on entreneurship by JABU, underscored its unshaken commitment to abate the cankerworms of unemployment and poverty that are ravaging the country and having resonating effects like kidnappings, killings and internet fraud.

Bamidele advocated holistic reworking of the country’s curricular from primary to tertiary cadres to inject skills and entrepreneurship that will promote productivity and revitalise the ailing economy.

He added that the awardees are proud to associate with JABU’s outstanding and unique status as one of the fastest growing faith-based universities in Nigeria, coupled with its leading role in entrepreneurship training.

Bamidele stated that for the vision of making Nigeria a nation that can protect the rights of citizens and boost their potentials, that government at all levels must show interest in how universities prosecute their entrepreneurial studies, to add traction to human capital development.

Proferring solution to the seemingly stroppy crisis of youth unemployment and the attendant multifaceted crises, Bamidele said: “To this end, I implore the Federal Government to encourage all public and private universities that are currently engaging in entrepreneurship studies by extending the TETFUND benefits and privileges to them.

“This is  to enable them admit and train more students in line with global standards. Also, as the nation’s private sector and the innovative industry is getting repositioned for us to build a more expansive economy, the Government should urgently create more enabling legal regime and infrastructural environment for business and creativity to thrive better in Nigeria”.

Bamidele applauded JABU for placing high premium on promotion of self-employment among its graduates, saying this has distinguished it as a citadel of learning with focus and clairvoyance for excellence.

“The priority your university attaches to entrepreneurship training is indeed, an eloquent testimony to the depth of the vision, wealth of experience and the magnitude of exposure of the founding fathers of this university.

” It is a demonstration of their ability to see ahead and readily admit that the greatness of our future as a nation largely depends on the extent to which our youth can create wealth through the deployment of their diverse skills and innovative ideas.

” Apart from helping to curb the menace of massive unemployment among our graduates and young school leavers, it also gives them the capacity to gainfully earn income, become financially self-reliant and even create job opportunities for others.

“All over the world, it is no longer realistic for Governments to provide white collar jobs for all the young graduates from the universities, polytechnics, technical colleges and other tertiary institutions.

“The contemporary trend is that Governments are seriously looking for ways to prune down the cost of governance and are taking bold measures to replace humans with high tech machines and artificial intelligence.

“The new wave of technological revolution and the attendant emergence of digital economies around the globe is a pointer to the fact that nations that are determined to survive must prioritize the impartation of innovative knowledge and technical skills in their young people.

“You will agree with me that this is the secret and the real strength of the Asian tigers for which the rest of the world have continued to adore them today.

“To attain a similar feat in Nigeria nay Africa, our policy makers and state actors must prioritize entrepreneurship training by ensuring that our educational curriculum from the primary to tertiary levels incorporates the development of technical skills, creative innovation, digital education, problem-solving skills, and the impartation of managerial capacity as well as interpersonal relationship development”.

Bamidele lauded the JABU’s Management for the award conferment, saying this would catalyse him do more in promoting the country further in all his public engagements.

Earlier, the Vice Chancellor of the university, Prof. Olaosebikan Alade Fakolujo, praised Bamidele for his contributions to humanity as a public servant and Human Rights Lawyer.

Prof Fakolujo urged the federal lawmaker  to sustain the tempo of exemplary leadership that had distinguished him as one public servant with love and panache for good governance to help in bringing Nigeria out of the current precarious and debilitating status.

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Lakurawa Terrorists, Not Bandits Responsible For Zamfara Explosion — Police

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The state’s police commissioner says members of the dreaded group were seen around the scene of the incident shortly before the explosion.

The police have fingered newly formed terror group Lakurawa as the mastermind of an explosion that occurred along the Dansadau-Gusau Road in the Maru Local Government Area of Zamfara State on Wednesday.

“This Lakurawa (group) when they were dislodged by the Army in Sokoto and Kebbi, the rest of them that survived the military onslaught were trying to find new enclaves,” the state’s police commissioner Muhammed Dalijan said on Channels Television’s Sunrise Daily breakfast programme on Thursday.

“As they were passing that village to Birnin-Gwari forest, they planted a bomb under a bridge. Then a motorist was passing and step on it. It exploded and killed the driver and three other people were seriously injured.”

The police commissioner said members of the dreaded insurgent group were seen around the scene of the incident shortly before the explosion.

Dalijan said planting of explosive devices was a new development in the North-West state. He said though Zamfara has had a long battle with deadly bandits, they don’t have the capacity to plant explosive devices.

“They were seen passing through a village and as we were getting reports, trying to get ourselves prepared to pursue them, this (explosion) happened. So, we are sure that they were the ones that planted the bomb.

“The bandits here (in Zamfara) don’t use bombs because they don’t know how to make it; they don’t know how to improvise explosive devices. So, we are 100% sure that they (Lakurawa) are the ones because planting bombs in Zamfara State is a new development and bandits don’t have that capacity,” he said.

Zamfara, located in North-West Nigeria, has become the “hub of banditry” in Nigeria, as described by Governor Dauda Lawal.

The governor said the marauding bandits whose kidnapping-for-ransom trade is booming in the state can be strangulated in two weeks with the right political will.

Meanwhile, military authorities have vowed to eliminate Lakurawa insurgents and other terror groups like Boko Haram and the Islamic State West Africa Province (ISWAP).

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Senate Sets Up Committee To Review Tax Reform Bills With AGF

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The Senate on Wednesday set up a committee to to review the controversial Tax Reform Bills that are before the National Assembly.

The Committee which is headed by Minority Leader, Senator Abba Moro (PDP, Benue South) will meet with the Attorney General of the Federation, Lateef Fagbemi, to address grey areas in the bills and revert to Senate before public hearing.

The Deputy Senate President Barau Jibrin disclosed this during plenary on Wednesday.

Barau, who presided over the session, said that the executive arm of the government agreed with the Senate that there is need to resolve all the issues causing disagreements in the bills.

Barau said, “We decided to put politics, ethnicity, regionalism aside to sit among ourselves in order to find a way forward in respect to issues affecting the tax reform bills. It is on this note that we extended our view to the executive arm of government, and it was agreed that there should be a forum to sit down to look at the areas that are creating disagreements in order to resolve them so that the entire country will remain united in our efforts to solve our problems.

“Before the introduction of these bills, we know we have been faced with several problems; insecurity that we and the president have been trying to solve, issues about our economy which is in line with global economic problems. And we also agreed that we shouldn’t allow any other to come in to aggravate the problems of our country.

“It is on this note that it has been agreed by the executive and by us that there should be a forum that should sit with the Attorney General of the Federation so that we can sit and look at all the areas of disagreement and resolve them for the interest of this nation.

“It is therefore proposed that tomorrow there will be a meeting with the committee that will be set here to sit down with the Attorney General to look at those issues and resolve them. It is on this note that the Committee on Finance that the bills have been referred to halt action with public hearing and other issues until we resolve those issues.”

President Bola Ahmed Tinubu had on October 3, 2024, forwarded four tax reform bills to the National Assembly.

The proposed Tax Reform Bills have generated a lot of controversies since its introduction at the National Assembly, meeting serious resistant especially from the Northern part of the country.

Following the controversies the bills have generated, the National Economic Council had advised President Bola Tinubu to withdrawal the bills to allow for further consultations, but he had refused and said that the bills should go through the necessary legislative processes.

Last week, the bills were passed at the Senate for second reading through voice votes.

The proposed legislation seeks to harmonize, coordinate, and resolve disputes arising from revenue administration in Nigeria.

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Gov Sanwo-Olu Signs Lagos Electricity Bill Into Law

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The Lagos State Electricity Law 2024 is a comprehensive plan of Governor Sanwo-Olu’s resolve to address longstanding challenges in the energy sector.

Lagos State Governor Babajide Sanwo-Olu has officially signed the Lagos Electricity Bill into law.

The ceremony which was carried out at Lagos House Alausa Ikeja, had in attendance the state deputy governor Kadri Hamzat, members of the State assembly, as well as the state executive council members.

Governor Sanwo-Olu commended the state House of Assembly for ensuring the speedy passage of the bill, stressing that the bill will change the socio-economic value of citizens in Lagos State.

He stated that the electricity bill has been in the works for some years, and now that is finally achieved as Lagosians can be sure of a steady power supply.

On his part, the state Commissioner for Energy and Mineral Resources, Biodun Ogunleye, said the electricity law signed will provide an additional grid for Lagos State, and also put an end to black out in the state.

“There will now be regular power supply. Host community development Trust fund, which will provide opportunities for communities to develop power plant,” he said.

Ogunleye noted that the step taken by the government stands as a beacon of progress, that will ensure uninterrupted power supply in Lagos State.

The Lagos State Electricity Law 2024 is a comprehensive plan of Governor Sanwo-Olu’s resolve to address longstanding challenges in the energy sector.

The law will lay a robust foundation for economic growth, fostering industrial growth, improved quality of life, energy equity, economic prosperity, and environmental sustainability.

Among other things, the law seeks to establish a Lagos Electricity Market that is technically sound, financially viable, and well-regulated, ensure access to affordable, reliable, and sustainable electricity for all citizens.

It also helps to promote diverse energy sources, including renewable energy, and encourage energy efficiency, foster investment, competition, and innovation in the electricity sector and electrify underserved areas, contributing to the sustainable development of Lagos State.

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