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NIM holds investiture of 24th president, Dr. Atako

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The Nigerian Institute of Management (Chartered), will hold the investiture of Dr. (Mrs.) Christiana Atako as the 24th President and Chairman of Council in a ceremony to be held in the Institute’s Chris Abebe Auditorium, Management House, Victoria Island, Lagos.

Dr. Atako, the erstwhile Deputy President and Acting President of the Institute, was elected the 24th President and Chairman of Council on December 9, 2022 and succeeds Major General Abdullahi Muraina (rtd.), who passed away last September.

Also to be decorated in the same ceremony are Commodore Abimbola Ayuba (rtd.), a former Director at both Defence Headquarters and Naval Headquarters, Abuja and Dr. Raymond Ihenacho, a former Director at Raw Materials Research Development Council, as Deputy President and National Treasurer respectively.

The new President, a Fellow of the Institute and a former Acting Managing Director/Chief Executive Officer of the Niger Delta Development Commission, attended the University of Sokoto from where she graduated in 1984 with a First Class (Honours) degree in English. She also obtained a Post Graduate Diploma (Public Relations) from the Nigerian Institute of Journalism, Lagos and another Post Graduate Diploma (Cross-Sector Partnership from the University of Cambridge and yet another Post Graduate Diploma (Conflict Resolution Skills) from the University of Coventry, United Kingdom.

Dr. Atako who had a distinguished career in both private and public sectors of the economy in different positions worked with the Cross River State Teaching Service Commission and Cross River State Civil Service Commission; the Oil Mineral Producing Areas Development Commission (OMPADEC) as Assistant Director, Community Affairs and Assistant Director, Public Affairs in OMPADEC. She later moved her services to the Niger Delta Development Commission (NDDC) as Assistant Director and Acting Head of Community and Rural Development Directorate before becoming Deputy Director, Community and Rural Development and Head, Corporate Affairs. She grew to the position of Director, Community and Rural Development and Director, Education, Health and Social Services. She got to the peak of her illustrious career in 2013, Dr. Atako was appointed Acting Managing Director/Chief Executive Officer of the Commission.

The new President and Chairman of Council of the Institute’s pedigree as a thoroughbred, seasoned and tested professional is not in doubt as she has distinguished herself creditably in every assignment she has been saddled with.

Dr. (Mrs.) Atako has attended several courses, seminars and conferences within and outside the country and has also presented scholarly papers in several training programmes and workshops across the globe.

A versatile professional, Dr. Atako is also a Fellow of several professional bodies including the Institute of Strategic Management; Certified Institute of Public Administration and Management; Certified Directors Institute, and Institute of Corporate Managers and Public Administrators. She is also a member of the Nigerian Institute of Public Relations, Chartered Institute of Personnel Management and Nigerian Institute of Management Consultants.

Dr. Atako who joined the Institute in 2000 has served in different capacities at Port Harcourt Chapter and Rivers State Branch as well as national level where she has been in Council since 2013. In recognition of her sterling contributions to the development of the Institute and growth of the management profession, she was elected the National Treasurer in 2019, Deputy President in 2021, Acting President in September 2022 and substantive President in December 2022.

A devout Christian, Dr. Atako has reading, researching and travelling as her hobbies.

According to a statement signed by the Administrator of the Institute, Mr. Akin Iroko, the investiture of the new President and Chairman of Council will be witnessed by members of the Institute, representatives of other professional bodies, government and corporate bodies.

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FG inaugurates Port Harcourt-Aba rail project, train service begins 

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The Federal Government has inaugurated the 6.2 kilometre (KM) Port Harcourt – Aba railway project, marking the start of train operations between Abia and Rivers.

The Minister of Transportation, Sen. Saidu Alkali, who said this at a ceremony in Port Harcourt on Tuesday, noted

that the project was a crucial part of the 1,443km Port Harcourt to Maiduguri narrow gauge rail project.

He said that the Port Harcourt to Aba section of the project was the initial part of the Eastern narrow-gauge railway, aiming to connect five geo-political zones of the country.

“The Federal Government is pleased to inaugurate the train service from Port Harcourt to Aba, a key priority area of President Bola Tinubu’s administration.

“We are grateful to God for the completion of the Port Harcourt to Aba section, which will bring succour to the people.

“The Eastern narrow gauge covers five geo-political zones of the country, including South-South, South-East, North-Central, North- West and North-East,” he said.

Alkali said that following the completion of the first segment and the start of commercial operations, work on the remaining part of the rail line would begin immediately.

“Shortly, we will take a train ride from Port Harcourt to Aba, which means that from today, passenger train service has commenced.

“We will continue the project from Aba to Enugu and from Port Harcourt to both Onne and Port Harcourt seaports for freight services.

“The ministry is currently in discussion with an investor to convert our locomotive from diesel to Compressed Natural Gas (CNG) to reduce transportation cost further,” he said.

The minister assured Nigerians that arrangements were being made with security agencies to ensure adequate security along the rail routes.

He also announced free train rides from Port Harcourt to Aba between May 1 to May 4.

“The train will depart from Port Harcourt to Aba at 8 a.m. daily, while it will leave Aba to Port Harcourt at 3 p.m. daily.

“Full commercial operations will resume on May 7, 2024,” he said.

Muhammad Zakari, the ministry’s Director of Press and Public Relations, said that the project when completed would boost trade, enhance mobility and connectivity between the Southern and Northern part of the country.

He said that the segment of the project was contracted to Messrs China Civil Engineering and Construction Company (CCECC) on Oct. 16, 2020, with a 36-month completion timeline.

“But due to technical and contractual issues, the project commenced in March 2022, involving the construction of modern stations and procurement of new rolling stock.

“The railway line will also connect the seaports of Onne, Bonny, and Port Harcourt to facilitate evacuation of goods and sundry freight through the Eastern corridor,” he said.

Zakari emphasised that upon completing the Port Harcourt to Aba railway, the Federal Government would push CCECC to expedite the completion of the 181km Aba-Enugu section of the project.

He said that he was optimistic that inauguration of the Port Harcourt to Aba rail service would stimulate economic activities between the South-South and South-East zones of the country.

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Fuel Scarcity: IPMAN threatens shutdown over non-payment of bridging claims

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The Independent Petroleum Marketers Association of Nigeria (IPMAN) Depot Chairmen Forum, has exonerated its members from the current fuel scarcity in the country.

According to IPMAN, the is caused by its inability to source petroleum products.

The IPMAN Depot Chairmen Forum also threatened to withdraw its services over non-payment of N200 billion bridging claims by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to its members, since 2022.

Alhaji Yahaya Alhassan, the Chairman, of the Forum said this while briefing  newsmen on Tuesday in Abuja.

Alhassan said the Nigerian National Petroleum Company Limited (NNPC Ltd.) was the sole importer of the product, but the marketers could not source products from NNPC Ltd. deport, rather from the private depots at high rate.

“We cannot buy fuel from the private depots at N950 and transport the product from Lagos to the North and other parts of the country with N2 million and still sell it at N900 or N1, 000.

“It is expedient for us to state that we are more pained by the non-availability of petroleum products in the country, which has given rise to another round of untold hardship for Nigerians.

“Contrary to claims that IPMAN members are hoarding Premium Motor Spirit (PMS) known as fuel, we would like to categorically state that PMS scarcity is wholly triggered by inability to get fuel from NNPC and not IPMAN,’’ he said.

Meanwhile, the NNPC Ltd. Chief Corporate Communications Officer, Olufemi Soneye said the disruption was due to logistical issues which had since been resolved.

“We currently have an availability of products exceeding 1.5 billion litres, which can last for at least 30 days. Unfortunately, we experienced a three-day disruption in distribution due to logistical issues, which has since been resolved.

“However, as you know, overcoming such disruptions typically requires double the amount of time to return to normal operations.

“Some folks are taking advantage of this situation to maximise profits. Thankfully, product scarcity has been minimal lately, but these folks might be exploiting the situation for unwarranted gain,’’ Soneye said.

He however, said the lines would clear out soon.

On the non-payment of bridging claims, the IPMAN forum said it was distressed and depressed by the laidback attitude of the NMDPRA towards the survival its member’s businesses, arising from its refusal in paying the claims.

“It is with deep frustration that we have assembled here today as the IPMAN Depot Chairmen Forum. It is also disheartening to note that some of our members have completely shut down businesses and retrenched employees.

“As businessmen and women, our members acquired bank loans to keep their fuel retail outlets running on a daily basis across the nooks and crannies of Nigeria in order to serve the teeming population of Nigerians,’’ Alhassan said.

He recalled that Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), at a stakeholders meeting in February mandated the NMDPRA management to clear the entire debt in 40 days.

“However, today, we have crossed the 40 days’ time lapse given to the NMDPRA to clear the debt, and it is shameful to state that only the paltry sum of N13 billion has been paid, ignoring minister’s directive.

“We are not happy with the indiscriminate increment in the issuance and renewal of Sales and Storage Licence, by the NMDPRA, and the subsequent delays in acquiring the licence, which our members are recently subjected to.

“We are also calling on President Bola Tinubu to look into this unwholesome figure which is highly detrimental to our business and reverse it forthwith, as it is bound to impact negatively on the masses.

“We are poised to take far reaching decisions that may cripple the supply and sales of petroleum products across Nigeria if our demands are not met within the shortest period of time.

“We are collectively prepared to withdraw our services, shut down every single outlet, and suspend lifting of products forthwith till our demands are fully met, and the consequences will be terrible.

“We call on our members to however remain resolute and law abiding, even as we draw close to the immediate ultimatum for our demands to be met by the NMDPRA,’’ the chairman said.

Reacting to the IPMAN’s claims, the Acting Head, Corporate Communications, NMDPRA, Seiyefa Osanebi said the bridging claims payment was ongoing.

“The bridging claims payment is always an ongoing process,” she said.

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Senate adjourns plenary until May 7

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The Senate has adjourned plenary until May 7 to allow for further refurbishment of its chamber.

The Senate had resumed on Tuesday, after the Easter and Sallah breaks in the chamber, but was faced with some minor operational challenges, especially poor audio quality in the chamber.

Deputy Senate President, Jibrin Barau who presided over the session said the Senate would adjourn until Tuesday, to allow for finishing touches on the chamber to rectify the problem.

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