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Sekibo to Nigerians: Seek information on domestic investment opportunities

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Sekibo
Managing Director and CEO of Heritage Bank, Mr. Ifie Sekibo has advised Nigerians in diaspora to seek appropriate information in order to take advantage of the investment opportunities in the nation’s economy.
Sekibo  said Nigerians in diaspora can invest in housing, mining, ICT, waste management and made in Nigeria products.
Speaking in Atlanta, United States during a 3 day conference organized by the Chartered Institute of Bankers of Nigeria, CIBN, USA Branch and co-sponsored by Heritage Bank tagged,  “Atlanta 2018: Investing at Home”, Sekibo urged Nigerians living in diaspora to invest at home and make their motherland grow economically.
According to him, “The reason why we are here is to encourage Nigerians in the diaspora to invest in Nigeria and this is particularly important because of recent times, we have had upsurge of internal (remitance) flows from diaspora to Nigeria and the figures have continued to grow.
“What are they deploying this money into, how are they investing it, there is need for us to interact with them and know where they put the money, give them a roadmap of what is available, show them what we have in our country that is obtainable and where they could invest the money. We are not just calling them to come and invest but what is there to invest in and how do you invest. Who do you partner with to do these investments and the information you require to do the investments”.

Speaking on the risk factors involved in investing at home, Sekibo said Nigerians living in diaspora need information about how and where to invest their monies.

His words, “Concerning the risk factor, you just don’t give money to somebody to invest for you. You need adequate information, you need facts and there is need to know the kind of structures available and the regulations. Also, they need to know the boundaries and on what basis they are doing this investment. All these information are required and that is why we are we are here as a bank to give Nigerians in Diaspora all this information”.

“Our mission in this 3days conference is to tell them yes there are regulations, yes there are opportunities they can get involved in back home but how do you go about them? We have had many people in diaspora complain about their family members swindling them of their monies, that is not to say it is all family members that are bad, we have also had some family members doing good job in investing monies for their families abroad and most times. We are now in a technology age where you can go online and get whatever information you want. There is what we call Nigerian Investors Promotion Council, their website has all the necessary information which you can tap from” he stated.

Sekibo further stated, “You can stay here in the United States and monitor your own business through technology because majority of those things can be done online. Technology can enhance all these rather than go through people, but you need information on what is available, so you know the pitfalls before taking a decision”.

Asked how political instability affects investments, Sekibo said, “In every country, there is political instability, politics is part of the risk that you need to factor into play but today, I can strongly say that politics does not define our economic potentials in Nigeria. For example, Agriculture thrives without politics and you can invest in it and get the kind of values you need to get because it has nothing to do with politics”.

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THE NEWS

Footballer Tiyamiyu Kazeem ‘killed by SARS operative’ buried amid tears (PHOTOS)

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Tears flowed, tributes poured in as the remains of Tiyamiyu Kazeem a.k.a (Kaka), assistant captain of Remo Stars FC of Ogun State were buried on Thursday at his family house in Ajaka, Sagamu, Ogun state, according to Islamic rites. The Witness reports.

The footballer was allegedly pushed out of a vehicle by an operative of the Special Anti Robbery Squad (SARS), Inspector Olaniyi Ogunsoro, who had mistaken him for a suspected internet fraudster (Yahoo boy), before he was hit by an incoming vehicle on Saturday.

See photos below:

Footballer Tiyamiyu Kazeem ‘killed by SARS operative’ buried amid tears (PHOTOS)

Late Tiyamiyu Kazeem

 

Footballer Tiyamiyu Kazeem ‘killed by SARS operative’ buried amid tears (PHOTOS)

During the candle light ….on Wednesday

Footballer Tiyamiyu Kazeem ‘killed by SARS operative’ buried amid tears (PHOTOS)

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Man treks from Calabar to Yenagoa for new Bayelsa Governor Diri

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Man treks from Calabar to Yenagoa for new Bayelsa Governor Diri

Murtala Anas Jos, an indigene of Plateau State and staunch supporter of the Peoples Democratic Party (PDP), Nigeria’s main opposition party, has trekked from Calabar, Cross River State to Yenagoa, the Bayelsa State capital to celebrate the victory of Bayelsa Governor Diri.

The Witness reports that Jos, who arrived Yenagoa on Wednesday, February 26, said it took him eight days to complete the journey, adding that he undertook the task to mark the victory of his party and Governor Douye Diri at the Supreme Court.

Jos said having followed the political trajectory of Diri, he was happy that the senator against all odds later emerged as an incumbent governor of Bayelsa.

The PDP supporter claimed that the main opposition party remained the only party that understood the problems of the country and knew how to address the yearnings and aspirations of the people.

Bayelsa Governor Diri

His words: “I came from Calabar to Bayelsa State. It took me like eight days trekking to reach Yenagoa, Bayelsa State.

“I decided to do this because of the love I have for my party, the PDP and to celebrate with Senator Douye Diri over his victory at the Supreme Court and subsequent swearing-in as the Bayelsa State governor.

“This act is to show how I love and cherish my party, PDP, and to encourage the distinguished gentleman, who has come to work for prosperity, growth and development of Bayelsa State.

“I have never had any interaction with the governor not discussed with him but I’ve been following him since his days in the House of Representatives and Senate, and I know he is the type of leader Bayelsa needs at this moment.

“Though some hoodlums attacked me between Akwa Ibom and Rivers, they snatched my phones but I was not discouraged, because I was eager to celebrate my party’s victory in Bayelsa State”.

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THE NEWS

Breaking: Court delivers judgment on Ambode’s suit seeking to stop Lagos Assembly probe

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Breaking: Court delivers judgment on Ambode’s suit seeking to stop Lagos Assembly probe

A suit by a former Lagos State Governor, Akinwunmi Ambode, seeking to stop the State House of Assembly from probing him, has been dismissed by a High Court sitting in Ikeja, the Lagos capital.

The Witness recalls that State Assembly had in August 2019, set up a nine-man ad-hoc committee to probe Ambode’s administration over the purchase of 820 buses for public transportation in the state.

Delivering judgment on Thursday, February 27, Justice Yetunde Adesanya held that the court lacked the jurisdiction to stop the lawmakers from investigating the ex-governor, stressing that the investigation is not an indictment.

“The claimant (Ambode) has not been indicted. An invitation by an agency of government cannot in any way cause a breach of the threat of the fundamental rights of the claimant.

“I hereby find that the claimant’s action is an invitation to the court to cripple the legislative exercise of the statutory power of the Lagos State House of Assembly under Section 128 and 129 of the 1999 Constitution.

“That is not the function of the court, and no court of law should accede such invitation. The claimant’s suit is hereby struck out,” the Judge ruled.

Ambode loses in court

The former Lagos State Governor instituted the civil suit against the State House of Assembly, its Speaker, Mudashiru Obasa, and the Clerk of the House, Mr A. Sanni.

The Witness understands that other respondents to the suit are Fatai Mojeed, the Chairman of an ad-hoc committee, as well as eight members of the committee. They are Mr Gbolahan Yishawu, Mr A. Yusuf, Mr Yinka Ogundimu, Mrs Mojisola Meranda, Mr M. Makinde, Mr Kehinde Joseph, Mr Temitope Adewale, and Mr Olanrewaju Afinni.

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