Connect with us

News

How We Block Leakages And Save Resources With e-Governance -Seyi Makinde

Published

on

-Tunde Ayanda

Governor ‘Seyi Makinde of Oyo State has revealed that the introduction of e-governance to the running of government in the state has contributed immensely to the on-going massive development and transformation in the state.

The governor stated this while addressing the Institute of Chartered Accountants of Nigeria (ICAN’s) 50th Annual Accountants Conference in Abuja, with the theme: ‘Achieving Sustainable Leadership Through E-government in the 4th Industrial Revolution.”

According to the Chief Press Secretary, Mr Taiwo Adisa, in a statement on Thursday, April 8, 2021, the governor said that the openness and transparency, engendered by the introduction of e-governance initiative, has helped the government to fund infrastructure and ensure smooth and full payments of salaries and pensions as and when due.

Governor Makinde said further that his government had been able to block leakages and save massive resources.

The CPS’s statement also pointed out the governor’s remark that for the country to experience sustainable development, and not to be left behind in the fourth industrial revolution, it needs focused leadership, which would be able to harness its potential to “pick up and catch up with the rest of the world.”

The governor disclosed that when the government realised that the state had limited resources for all the things needed to be done, and there were many loopholes through which resources were siphoned, it quickly took action to block those leakages by creating an E-governance Plan.

He noted that the plan entailed digitising all government processes and services, in order to raise the coverage and quality of information and services being provided to the general public.

Governor Makinde however pointed out that a lot of people misunderstood the period of laying a solid foundation for development, and tagged him an ‘audio governor.’

According to the governor, the introduction of the e-governance initiatives across different sectors, including budgeting, contracting, public procurement, job recruitment, land and housing, among others, had paid off for the state.

He said that apart from saving huge resources now being channeled to development, it had also made governance more efficient.

“You may wonder, what has been the result of our installing e-governance processes? In what way has e-governance benefited the people of Oyo State? Massive savings.

“Let me share one example: When we came in, we got consultants to look into the processes in our tertiary institutions and make things more transparent. We created a database of all staff and did identity management for them.

“We also put the prices of all items that a university needs for day-to-day running in a database. And so, when a requisition is made, the price has to tally with that in the database.

“In just one school, The Polytechnic Ibadan, we got a savings of N1 billion by following this process.

“When people ask: where is the Oyo State government getting money to pay salaries when other states are struggling to pay percentages? Is he borrowing money to fund recurrent expenditure?

“The answer lies in openness and transparency with which we have approached leadership and governance, especially with the use of technology.

“I have heard people say that Oyo State has been turned into a massive construction site. We are building a state that everyone should be proud of. And technology is playing a huge role in our work.

“We know that the foundation is very important. When the pioneers of the first industrial revolution started work in the 1750s, they could not have imagined how their work would be built on.

“Two hundred and seventy years down the line, we are talking about a fourth revolution. This is what focused governance entails – looking beyond one’s tenure in government.

“What I have learnt so far in Oyo State is that e-governance is possible. The transparency and openness it offers is desirable. But there are challenges. Aside from the initial cost of building the infrastructure which might appear restrictive if a leader is not looking at the bigger picture, there is also the loss of political capital that comes with it.

“And I must say, the latter is a bigger; the reason why governance in Nigeria has remained in an analogue state.

“Recently, Oyo State has been in the news. The perception that has been created in some circles is that the state is insecure. Some people have even gone to town with claims of cannibalism.

“But when you dig deeper, you will find that sponsors of these messages are people who no longer have access to the state’s coffers. They are people who believe that it will be business as usual.

“These days, you see them gathering to talk about how their political age confers on them some superior level of thinking, or how they will be taking over in 2023.”

The governor admonished that for individuals thinking of making changes in governance in the country, they must be ready to embrace transparency and openness.

He said: “So, for any of you here thinking of making changes in governance in the next few years, you must think in terms of bringing the transparency and accountability that digitisation and setting up processes have given to the private sector into the public sector.

“This is how Nigeria can really benefit and become a leading voice in this fourth industrial revolution.”

lifestyle

Meet The New 47-year-old Alaafin Of Oyo, Prince Akeem Owoade

Published

on

By

Prince Akeem Owoade is a Nigerian and Canadian entrepreneur, philanthropist, and president of 100279 Manitoba Limited, a  real estate investment and financial services business in Manitoba, Canada.

 

Born 47 years ago to a prominent and royal family of Owoade-Agunloye in Oyo town, Prince Akeem Owoade is one of the surviving children of Pa Rasaki Ibiyosi Owoade, the descendant of Aremo Aderounmu Iyanda Owoade, Agure Compound, Oyo town in Oyo State, Nigeria.

Prince Akeem Owoade completed his secondary school education at Baptist High School, Saki, Oyo State, Nigeria in 1992. His father worked for Oyo North Agricultural Development Programme (ONADEP) helping Oke-Ogun community in boosting agricultural productivity.

aking an early interest in engineering, Prince AkeemOwoade began his engineering studies by completing his National Diploma and Higher National Diploma in Mechanical Engineering from ‘The Federal Polytechnic, Ilaro, Ogun State (1994 to 1997) and The Polytechnic, Ibadan (1999 to 2001), Oyo State. Nigeria respectively. He did his NYSC with Nigeria Gas Company as Mechanical Intern/Planner in 2002.After the completion of his NYSC, he worked with Oceanic Bank International Plc. in Warri as a teller. (2003 to 2004).

Prince Akeem Owoade decided to further his education in the United Kingdom where he attended University of Sunderland (2008) and Northumbria University (2012)

Continue Reading

News

Panic As Governor’s Official Car Got Stolen

Published

on

By

Confusion and fear was the order of the day at one of the Government houses in the Southwest some days ago when one of the official vehicles of the Governor, a bullet-proof jeep allegedly disappeared from the garage.

The SUV which is said to be one of the three bullet-proof vehicles being used for the Governor’s official assignment was discovered missing.

The Governor who was out of the country on a short, rest leave was claimed to have been disturbed when he was alerted.

Sources claimed it wasn’t the first time things would get missing at the Governor’s private residence.

‘There had been series of thefts, ranging from missing cash, phones and other expensive items, it’s usually swept under the carpet. Indiscipline is the order of the day here’, a source confirmed this to papermacheonline.

The State Governor, a quiet individual who is spending his second time in office was said to have been disturbed by the occurrence that he had to cut short his leave and return home. One of his closest aides was also kidnapped recently.

 

 

Continue Reading

Business

Former First Bank Employee Accuses Oba Otudeko, Bisi Onasanya Of Massive Fraud

Published

on

By

A former First Bank of Nigeria Limited employee, Adesuwa Ezenwa, has accused billionaire industrialist Oba Otudeko and former Managing Director Bisi Onasanya of massive fraud during Otudeko’s tenure as chairman of FBN Holdings Plc.

In court documents filed at the National Industrial Court of Nigeria, Ezenwa alleges that unsecured loans of approximately N12 billion were granted to a company in which Otudeko has significant investments, disguised as loans to Stallion Group of Companies.

Ezenwa, who was summarily dismissed in October 2016, is seeking redress for her termination and demanding N500 million in damages and N25 million in legal costs. She claims that she was made to bear the consequences of granting unsecured loan facilities worth billions of naira to companies linked to Otudeko and Onasanya, while her superiors who approved the credit were not penalized.

Ezenwa joined First Bank in 2002 and became a relationship manager in the corporate banking division in February 2016. She alleges that her superiors, including Abiodun Olatunji and Cecilia Majekodunmi, who worked closely with Onasanya, were involved in the fraudulent activities.

“As a relationship manager, I worked under the supervision and direction of my branch manager and group head and signed official correspondence only after they had approved and/or signed same. I had no independent authority in relation to the grant or disbursement of loans or other banking facilities,” Mrs Ezenwa said.

According to the claimant, she executed a large number of documents while she was still employed by First Bank, but only after approval by her bosses and on their direction.

She said she was summoned on 25 August 2015 to appear before a credit disciplinary committee reviewing facilities availed to a company known as Supply and Services Limited, a subsidiary of Royal Ceramics Group, one of the major customers of the bank.

The plaintiff said the committee could not determine whether she had a personal interest in any of the loans granted or whether she made any gain related to her duties. She said she was, however, blamed during proceedings for not whistleblowing on some of the deals endorsed by Mr Olatunji and Mrs Majekodunmi.

“The admonition was most unfair and unwarranted as I was in no position to whistleblow on my superiors … The persons to whom these reports would have been made were the very persons who were the perpetrators of the misdeeds,” she said.

A litany of allegations against Mr Otudeko

Mrs Ezenwa disclosed that unsecured loans of roughly N12 billion were availed, on one occasion, to a company in which Mr Otudeko has significant investment even though the facility was masked as loans granted to Stallion Group of Companies, which later spotted the false entry in its statement of account and complained.

In one case in 2012, she further alleged, an unsecured credit estimated at N2 billion was granted to Broadwaters Resources Company Nigeria Limited, which ended up being a conduit pipe used by Mrs Majekodunmi and Mr Onasanya to siphon monies from the bank. The claimant said the loan was never repaid.

“Out of the N12 billion camouflaged as lending to the Stallion Group, N8.21 billion was transferred through various accounts to a final destination account belonging to a company known as V-TECH LTD, which belongs to the chairman of FBN Holdings, Oba Otudeko, while the sum of N4.45 billion out of the same fictitious facility was transferred to Ontario Oil and Gas. The facility remains unpaid to date,” Mrs Ezenwa said in court fillings.

According to her, several similar loans were granted by Mr Olatunji and Mrs Majekodunmi, including to Supplies and Services Limited, which were “subsequently sublet and disbursed in smaller bits to several customers on more profitable terms to both officers.”

Swap Technologies and Telecomms Plc, Orbit Cargo, Netconstruct Nigeria Limited, and High-Performance Distributions Limited were among the companies named as beneficiaries of the loan disbursement.

Mrs Ezenwa disclosed that such loans could not have been granted without the involvement of the board of First Bank, considering that the amounts involved were huge and above the approval limits of the executive directors, the vice president and the managing director of the bank.

According to the complainant, her dismissal by the bank brought her into disrepute, threatening her chances of securing employment in reputable companies in future.

“The action of the defendant (First Bank) has consequently caused the claimant untold mental distress and is all the more damaging as the claimant is in her thirties and has simply been made a scapegoat for the malfeasance of some of the lapses of the management of the bank,” she said.

Among other demands, Mrs Ezenwa is urging the court to declare that there was no basis for the bank to dismiss her.

“She is being made a scapegoat for a lot of questionable transactions within the bank, which she is claiming innocent of,” Seyi Sowemimo, the claimant’s lawyer, told PREMIUM TIMES on Saturday. “So far, the trial has started. We have subpoenaed the EFCC, and we have subpoenaed the central bank to bring the audit reports of the bank,” Seyi Sowemimo, the claimant’s lawyer, told PREMIUM TIMES.

The allegations have sparked a legal battle, with Ezenwa seeking justice for her dismissal and damages for the fraudulent activities she claims to have uncovered.

Continue Reading

Trending