#DoingGood: Senator Tokunbo Abiru Supports MSMEs, Exhibitors With Grants, Knowledge Packs At Ikorodu Division Trade Fair

#DoingGood: Senator Tokunbo Abiru Supports MSMEs, Exhibitors With Grants, Knowledge Packs At Ikorodu Division Trade Fair

#DoingGood: Senator Tokunbo Abiru Supports MSMEs, Exhibitors With Grants, Knowledge Packs At Ikorodu Division Trade Fair

… Exhibitors, Organizers Applaud , Appreciate Senator’s Cash Support

The Chairman, Senate Committee on Industries and the Senator representing the Lagos East Senatorial District in the National Assembly, Distinguished Senator Mukhail Adetokunbo Abiru, FCA on Saturday supported Micro, Small and Medium Enterprises, MSME that exhibited at the maiden Ikorodu Division Trade Fair held at Lagos State Polytechnic, Ikorodu Campus. 

The Trade Fair that was organized by the Ikorodu Chamber of Commerce and Industries, ICCI and the LASPOTECH attracted businesses from across Ikorodu Division and beyond. All through the Trade Fair, the Office of the distinguished Senator Tokunbo Abiru identified with the organizers and exhibitors by setting up a stand that provided business advisory and support.

Senator Tokunbo Abiru's exploits
Onboarding section during the grant

At the Trade Fair,  each of the 20 businesses that were identified to be in dire need of support benefited N100,000 Senator Tokunbo Abiru Business Grant for business stability.

The 20 beneficiaries of the grant were selected using some parameters, which include; residency of Lagos East, possession of a business account, must be an exhibitor at the Ikorodu Division Trade Fair among others.

Senator Tokunbo Abiru's exploits
One of the Exhibitors in the trade fair

Also, another 40 exhibitors were presented with 40 Business Knowledge packs, containing seven (7) business related books meant to enhance the capacity of the MSME owners. The books cover subjects, ranging from Financial Management, Marketing and Communications, Digital Technology, Tax Management, Strategy, Legal and Human Capital.

On why Senator Tokunbo Abiru gave out books to selected business owners, Enitan Olukotun, Media Aide to the Senator said that, some business owners erroneously think that what they need to improve their business was money but, research has shown that, what many of them truly need was requisite knowledge to scale up their businesses.

okunbo Abiru Supports MSMEs, Exhibitors With Grants, Knowledge Packs At Ikorodu Division Trade Fair
One of the beneficiaries of Senator Tokunbo Abiru’s grant

The beneficiaries who were filled with joy applauded Distinguished Senator Tokunbo Abiru for the support stressing that the intervention was unprecedented in the Lagos East Senatorial District.

Mr Allen Oluyisola,  a 53-Year-Old male exhibitor and a beneficiary who is also a student in the department of Computer Science,  Lagos State Polytechnic thanked Senator Abiru for the gesture. He promised to always support the Senator in his future elections. “I will go out of my way to convince those who are close to me to do the same’’, excited Oluyisola promised.

A retiree and Printing Press owner, Alh Olaide Oduloye described Senator Abiru as a patriot.

‘With this gesture, I see our Senator as a patriot. It takes a patriot to want to support entrepreneurs with a whopping one hundred thousand naira, the way he has done. He understands the economy and knows that it is the SMEs that drive the nation’s economy. I say a big Thank You to our Senator’.

Another beneficiary and CEO of Oga Events & Productions, Mrs Rukayat Akinpelu Onabanjo noted that, ‘What Senator Tokunbo Abiru has done today is to surprise us. None of us saw this coming. When we first saw his stand, we thought it was the usual political campaign gimmicks. We cannot thank the Senator enough. He is truly doing good’, she said.

Similarly, a waste recycler and garbage bag manufacturer, Mrs Matilda Olatunji Taiwo noted that, ‘Senator Abiru has added value to our businesses with this grant. As the Chairman, Senate Committee on Industries, it shows he truly knows the challenges confronting micro manufacturers like us’.

Another beneficiary, a fashion entrepreneur, Mrs Adaobi Ngozi Owoto was also full of gratitude to Senator Tokunbo Abiru. She promised to plough the grant into her business and expand her business .

Senator Tokunbo Abiru’s One Year in Office: An Account of Project Sites Tour

Senator Tokunbo Abiru’s One Year in Office: An Account of Project Sites Tour

By Enitan Olukotun

Trust me, it was not a time for a picnic, sleeves were rolled up and we hit the road! On Saturday, I led a team on a tour of projects facilitated by a Senator, the Chairman, Senate Committee On Industries and Senator representing Lagos East Senatorial District, Distinguished Senator Mukhail Adetokunbo Abiru, FCA.

We had earlier toured Agboyi-Ketu on Friday where a 40-bed Hospital at Mascara Health Centre facilitated by the Senator has reached an advanced stage of completion along with a newly constructed block of classrooms at Ajelogo Primary School.

Construction workers working RCM Primary School, premises
Construction workers working RCM Primary School, premises

We also visited Aga Primary School where we saw the recently commissioned four blocks of twenty-four classrooms equipped with modern instructional facilities and a full complement of 16 toilets. The showstopper was actually the recently installed Solar-Powered Borehole at the school. It was a long day!

Workers working in the front of RCM Primary School, Iwerekun .
RCM Primary School, Iwerekun Under Construction

It is confounding that what we are witnessing today happened within a period of 365 days that Senator Tokunbo Abiru received the mandate of the people as Senator representing Lagos East senatorial district of Lagos. He has no doubt positively impacted the district and the people therein with grandiose projects some can only imagine.

Setting out from Ikorodu through Epe down to Ibeju-Lekki, we branched off at LASPOTECH campus to see some of the projects facilitated by the Senator on campus. In the mix is a 600 units solar-powered street light stretching from the library complex by the Rector’s office to the main road that leads to the school’s first gate. The lights are ingrained with sensors that trigger brightness when people get closer to them. Another eye popping project is a 40-bed Hospital within the campus where the resident Engineer was busy supervising flooring works on the project expected to be delivered in the first quarter of 2022.

RCM primary schoo
An aerial view of RCM primary school

 

 

The next stop was Isiu where another 40-Bed Health Facility located on the left side of the main road is under construction. The masons and other site workers were seen preparing concrete casting for the decking, they also gave assurance that the project will be completed in record time.

From there, we headed to the ancient town of Epe where the Senator’s #DoingGood projects are also massive. We visited the Senator’s Liaison office established to bring governance closer to the people of the town. Mouruf, the liaison representative was on hand to receive the team at the office located along the popular Hospital road in Epe.

We proceeded to the 960-spectator capacity mini stadium under construction. Work was going on at a frenetic pace on the two-pavilions at the facility consisting of basketball and volleyball courts. The sports complex is bordered by Epe Nursery and Primary School and a military formation.

The next destination was the popular Oluwo Fish Market in Epe where Senator Abiru facilitated on-going remodeling of the market consisting of lock-up shops, open sheds and 48 toilets. The market women were appreciative of the Senator’s good gesture, they warmly received the team and assured of their continued support for Senator Tokunbo Abiru.

It was 4:40pm at this time and we had to get to Iwerekun, a coastal community in Ibeju-Lekki where Senator Tokunbo Abiru has also left his imprints of good work. The journey was smooth from Epe to Eleko Junction courtesy of the newly constructed road by the government of Babajide Sanwo-Olu.

RCM Primary school
Another snippet of the completed school building.

Ibeju-Lekki liaison representative, Dare, was already waiting and he led us to RCM Primary School, Iwerekun where two blocks of 6 classrooms had been completed and ready for commissioning.

From Awoyaya through Gbetu, the journey that lasted almost two hours had just started. The sprawling residential estates springing up around Awoyaya and environs could have convinced anyone that there were no villages or hamlets ahead. About 3km from Awoyaya, we landed in Iwerekun where beach sand became the main attraction. It was difficult terrain for cars to traverse where only big SUVs could dare. The Atlantic Ocean overlooks the community where residents built their houses just a few meters away from the shoreline.

From the road; we could see the raging tides of the Atlantic Ocean, it was nature at its best! At RCM Primary School, we saw the old school building reported to have been built by the first civilian Governor of Lagos, the Late Alhaji Lateef Kayode Jakande. It was vintage and had seen the best of times.

Behold the new blocks of classrooms; a fitting replacement for the weary looking old block now ready for improved learning outcomes. Kids within the community; mostly pupils of RCM Primary School and their parents all came out to show appreciation to the Senator.

It was a worthwhile experience and further affirmation of possibilities achievable by a determined mind. I could only mutter within myself the inimitable words of Chairman Mao, “In shallow men, the fish of small waters cause much commotion, in magnanimous oceanic minds; the whales of inspiration hardly cause a ruffle”

Enitan Olukotun, Media Adviser To Senator Tokunbo Abiru Writes From Lagos

2,500 Beneficiaries Of Senator Tokunbo Abiru COVID-19 Financial Relief Get Direct Credits For 11 Consecutive Months

2,500 Beneficiaries Of Senator Tokunbo Abiru COVID-19 Financial Relief Get Direct Credits For 11 Consecutive Months

True to his promise of providing succour to vulnerable constituents impacted by the COVID-19 pandemic, the Chairman, Senate Committee On Industries and the Senator representing the Lagos East Senatorial district in the National Assembly, Distinguished Senator Mukhail Adetokunbo Abiru, FCA on Tuesday made a direct bank transfers to batch A beneficiaries in the 2500 vulnerable constituents pool for the 11 months consecutively.

The beneficiaries who have been receiving direct credits from the Senator since January 2021 were drawn from the 98 wards of the 16 Local Governments and Local Council Development Areas, LCDAs in the Lagos East Senatorial District.

Beneficiaries include People with physical disabilities, unemployed youth, widows and other vulnerable people in the senatorial district.

Abiru, whose interventions and programmes are targeted at the larger number of people in the constituency, has been impacting lives in an unprecedented manner since he got into the saddle last December.

In less than a year, he has achieved so much to the astonishment of many in the constituency and beyond.

In less than 6 months in the saddle, Senator Tokunbo Abiru sponsored a private member bill titled, ‘The Copyright Act Repeal And Re-enactment Bill, 2021’ that will replace the extant Copyright Act Cap C28 LFN 2004. In a record time, the Bill went through a Public Hearing that attracted creative professionals, intellectual property experts, policy makers and other critical stakeholders.

Concerned about the plight of constituents and other road users plying Ikorodu/Sagamu Road and Ikorodu/Itoikin/Epe Epe Road, the distinguished Senator moved a motion calling on the Federal Government to urgently intervene on the two critical roads.

The intervention with necessary follow-ups yielded positive outcomes.

The Federal Government has included the funding of Ikorodu-Shagamu, in the SUKUK Financing program and included Ikorodu-Itoikin in the 2022 budget.

The Sukuk Financing Program is an assured financing program that will accelerate the completion of Ikorodu-Sagamu road.
Within the same period, the Senator also facilitated four blocks of 24 classrooms with compliments of furniture and 16 toilets to Aga Primary School in Ikorodu.

At the Ikorodu Campus of the Lagos State Polytechnic (LASPOTECH), the Senator facilitated a 200-solar-powered street lights to the school and also construction of a 30-bed Health facility and Dental Centre is currently under construction.

In Agboiyi Ketu LCDA, the Senator facilitated another 30-Bed Health facility at Mascara Health Centre. In the same manner, another 40-bed is under construction at Isiu, Ikorodu North LCDA.

In Ibeju-Lekki, two blocks of 6 classrooms are currently under construction at RCM Primary School Iwerekun, Ibeju-Lekki. In Kosofe Local Government, 1 block of 3 classrooms are also underway at Ajelogo Primary School.

In Epe, a 960-spectator capacity mini stadium is also facilitated for the people of the ancient city. The two-pavilion sport facility is equipped with Basketball and Volleyball courts, are also under construction.

Likewise, the popular Oluwa Fish Market in Epe is also being remodeled. The remodeled market will have lock-up shops, open sheds and 48 toilets.

Six Hundred (600) brilliant but indigent students also benefited bursaries from the Senator. The beneficiaries who were shortlisted in a transparent process drawn from higher institutions in Lagos State and beyond.

On Monday 8th November 2021, Senator Tokunbo Abiru also organized a one-day Business Workshop for 1000 MSMEs across the Senatorial District to build the capacity of their businesses, and announced a N100,000,000 (One Hundred Million Naira) Constituency Intervention revolving Loan at 6% interest rate, which will be topped by additional 100 Million Naira from the bank of Industry. Participants were also given knowledge packs, a pack of 7 books covering subjects like Taxation, Branding and Communication, Digital Technology, Financial Management among others.

In addressing digital skills gap, the Senator is currently setting up a Community Innovation Hub in partnership with a renowned technology company in Lagos to train youths in the senatorial district on relevant digital and innovation skills, and build the best entrepreneurs that can compete in the ever-dynamic global economy.

Enitan Olukotun,
Special Adviser to Senator Tokunbo Abiru
(Media and Publicity)

Tuesday, 30th November, 2021

Senator Tokunbo Abiru Organizes Capacity Development  Training For 1000 MSMEs In Lagos East

Senator Tokunbo Abiru Organizes Capacity Development Training For 1000 MSMEs In Lagos East

…. Gives Knowledge Pack To 1000 Trainees

… Announces N100million Constituency Intervention Revolving Loan For MSMEs

The Chairman, Senate Committee on industries, Distinguished Senator Mukhail Adetokunbo Abiru, FCA, on Monday organized a capacity development training for 1000 Micro, Medium and Small Enterprises, MSMEs in the Lagos East Senatorial district.

Abiru, an accomplished banker said the training was to enhance the capacity of micro, medium and small business owners in the Senatorial district to scale adding that lack of capacity had been identified as one of the major reasons MSMEs fail.

The one-day MSME Clinic/Workshop that was organized in conjunction with The Fate Foundation had major figures in the MSMEs ecosystem in attendance like the Managing Director, Bank of Industry, Mr Olukayode Pitan, The Executive Chairman, Lagos State Inland Revenue Service (LIRS) Mr Ayodele Subair, Executive Secretary, Lagos State Employment Trust Fund, Mrs Tejumola Abisoye, officials from Small and Medium Enterprise Development Association of Nigeria (SMEDAN) led by the agency’s Director of Planning Research, Monitoring and Evaluation, Mr Wale Fasanya and Standard Organization of Nigeria(SON) team led by the Head of SME desk, Mrs Phebean Arumemi and renowned business consultants.

Highlighting the critical roles MSMEs play in the nation’s economic development, the Senator said ‘’MSMEs account for the majority of businesses worldwide and are important contributors to job creation and global economic development. They represent about 90% of businesses and more than 70% of employment worldwide”’.

He continued; ‘’Formal SMEs contribute up to 40% of national income (GDP) in emerging economies. These numbers are significantly higher when informal SMEs are included. The latest SMEDAN/NBS MSME Survey indicates Nigeria’s SMEs contribute nearly 50% of the country’s GDP and account for over 80% of employment in the country.

“It has been projected by the World Bank that about 600 million jobs will be needed by 2030 to absorb the growing global workforce, which makes SME development a high priority for many governments around the world. In emerging markets, most formal jobs are generated by SMEs, which create 7 out of 10 jobs”, Abiru told the participants.

Abiru said it was therefore instructive to assist the struggling businesses who were mostly impacted by the devastating COVID-19 pandemic with workable business solutions in the new normal world.

The senator said that the knowledge pack, a combination of seven books written by foremost experts which were participant got for free are reference materials for now and future adding that their contents are the secret of success of most major businesses.

According to him, “Timeless and highly valuable literature on subjects of Tax Management, Human Capital, Financial Management, Marketing and Communications, Strategy, Legal and digital technology will be made available to you at the expense of my Foundation.

The leading Nigerian Entrepreneur pack is a practical “do-it-yourself manual” that will greatly aid your business decisions and strategies as you journey along.

“These materials are authored by the following foremost hands on world acclaimed professional firms with deep insights on the Nigerian business environment such as: ACCA, KPMG, Deloitte,Banwo and Ighodalo, Verraki Business Solutions for Africa, A’lime Media and StreSert.

To the admiration of participants and dignitaries that graced the occasion, the Senator announced the launching of N100,000,000(One hundred million Naira) soft business loan support trained MSMEs with working capital, as well as asset finance for equipment acquisition at a highly subsidized interest rate.

The N100million constituency Intervention revolving facility which be executed in partnership with Small and Medium Enterprises Development Agency, SMEDAN has minimum limit of N100,000 (One hundred Thousand Naira) and maximum of N1,000,000 (One million naira) with as low as 6% interest rate with flexible repayment plan from 1 to 12 months starting end of first quarter (Q1), 2022. The senator mulled plans to increase the revolving facility in the same sum on yearly basis.

The Bank of Industry (BOI) also agreed to commit additional 100,000,000(One Hundred Million Naira) to the scheme.

A former Lagos State Commissioner of Finance and Governor’s Advisory Council member, Mr Olawale Edun applauded the gesture of Senator Tokunbo Abiru describing the business aid as a great initiative.

Also, a former Minister of works, Senator Adeseye Ogunewe urged other elected public office holders to learn from the giant strides of Abiru. The former minister who accompanied Senator Abiru on touring business clinic consulting desks urged participants to place premium on the knowledge they had acquired in the course of the workshop and business clinic.

#TokunboAbiruIsDoingGood: Excitement, Accolades As 600 Higher Institutions Students Receive Senator Tokunbo Abiru Bursary

#TokunboAbiruIsDoingGood: Excitement, Accolades As 600 Higher Institutions Students Receive Senator Tokunbo Abiru Bursary

Their joy knows no bounds as they individually got credit alerts in their respective accounts. The 600 beneficiaries who converged on the Lagos Polytechnic Ikorodu on Thursday were full of gratitude for the kind gesture from the Distinguished Senator.

The Senator representing the Lagos East Senatorial District, Distinguished Senator Mukhail Adetokunbo Abiru, FCA , the Senate Committee Chairman on Industry, in his address reiterated his passion for providing good for the greater number of people.

Abiru who has achieved unprecedented feats in less than 10 months in the saddle said he will not relent in impacting lives of constituents of the Lagos East District.

He said young people are at the core of his legislative agenda adding that he will continue to champion initiatives that will positively impact their lives and prepare them for the opportunities in the current digital and knowledge economy.

“Barely two months ago, in this same auditorium, I delivered a goodwill message via a pre-recorded video to a large audience of youth in the Lagos East Senatorial District in commemoration of the 2021 International Youth Day.

“I want to reiterate like I espoused on that day that young people are at the core of our legislative agenda. The minimum we can do as leaders and in fidelity with our social contract with the esteemed constituents who majorly fall within this demography is to provide support for their dreams to have full and maximum expression”

“I want to let you know that I am passionate about ensuring ‘greater good for greater number’.

“This mantra guides my philosophy and strategy in giving a lease of life to our people as much as is within my power. The tactics to drive home this strategy is encapsulated in the resonating and reassuring ‘DOING GOOD’ drive.
“One of the major agenda on my social contract with the good people of Lagos East Senatorial District is youth development for global readiness, Abiru stressed.

Speaking on his strategies, Abiru revealed that he was pushing multi dimensional approaches to tackle socio-economic challenges confronting the youth and other members of his constituency.

He said, “This, I have sought to achieve with multi-dimensional approaches, which include: collaborations; co-creations; funding; infrastructural interventions, capacity building; etc.

” It is a part of this that has given birth to the annual ‘’Senator Tokunbo Abiru Bursary endowment fund’’ to support and encourage our star students in their respective tertiary Institutions of learning- the reason we are all here today.

“The objective of this scheme is to promote higher qualitative education by supporting brilliant students but who have challenges funding their education in furtherance of their academic pursuit”.

 

Proposed Copyright Law Will Protect Intellectual Property Against Exploitation, Senator Abiru Says At Public Hearing

Proposed Copyright Law Will Protect Intellectual Property Against Exploitation, Senator Abiru Says At Public Hearing

… Jide Kosoko, Mahmood Ali-Balogun, Others Commend Senator

The Senator representing the Lagos East Senatorial District in the National Assembly, Distinguished Senator Mukhail Adetokunbo Abiru, FCA has said there is need for a new law that will protect intellectual property of Nigerians in film, book and works from other creative sectors against exploitation.
 
Senator Abiru made the assertion in Abuja on Tuesday at a one-day Public Hearing on the two bills; The Bill For An Act To Repeal The Copyright Act CAP C28 LFN 2004 and re-enact The Copyright Act 2021 And Other Connected Matters (SB.688) and (SB769).
 
Abiru who sponsored one of the critical bills which is a private member bill argued that, “The present Nigerian Copyright Act can no longer keep to the pace of the fast-growing digitization.
 
“My motivation for this legislative intervention is the need to address the emerging digital age that has revolutionized the creative economy as production and dissemination of creative works have become more accessible and particularly because of global exploitation of intellectual property beyond national boundaries”.
 
The Lagos East Senator noted that the current Copyright Act of 1988 has become grossly ineffective in the face of developments in the creative industries such as Nollywood and broadcasting industry, the music industry, the fashion industry, the book publishing industry, the art industry, and Nigeria’s emerging software and Apps industry.
 
“Many Nigerian businesses have disappeared and many Nigerian creators have died due to the harm occasioned by piracy and the weak mechanisms offered by the existing legal framework and successive government’s inability to sufficiently protect the Nigerian creative industry’’, Abiru stressed.
He continued, “I am equally elated that the Executive through the Nigerian Copyright Commission and the copyright community have joined hands with me in my commitment to championing the copyright cause.
 
“I must congratulate all of us because this is the first time any Copyright Bill has advanced to the public hearing stage at the National Assembly under this democratic dispensation, since 1999.  I am particularly delighted to see the enthusiasm of the Leadership and my colleagues in the National Assembly who have cooperated with me to see that my private members Bill SB 688 and the Executive Bill SB 769 were given accelerated hearing in view of their importance. 
 
‘’I have no doubt in my mind that this joint Committee will do justice to the Bills before the Distinguished members. We are all in agreement that The Copyright Act is key to the economic transformation of Nigeria. These Bills will enable all the key players in the Copyright industry to achieve their goals”.
 
Earlier, the Senate President Dr Ahmad Lawan who was represented by the Senate Deputy Whip, Senator Sabi Abdullahi reiterated the determination of the Senate to put in place a new copyright regime where entertainers will get adequate reward for their labour.
 
The well-publicized Public Hearing organized by the Joint Senate Committees On Trade And Investment and Judiciary, Human Rights and Legal Matters attracted big names in the creative, movie and entertainment industry including Innocent Idibia (Tuface), Prince Jide Kosoko, Sola Solade, Mahmood Ali-Balogun, Sola Sobowale, Fathia Balogun, Ejike Asiegbu, Francis Duru and Monalisa Chinda among others top entertainment stars.
 
Renowned experts in intellectual property law, Professor Bankole Sodipo and a former Director General of the Nigerian Copyright Commission, NCC, Prof. Adebambo Adewopo,SAN, and current NCC DG, Mr John Asien , representatives from the Ministry of Justice were in attendance.
 
Groups that spoke to submitted memoranda include; Performing Musicians Association of Nigeria, PMAN, Audio Visual Rights Society of Nigeria, Music Publishers Association of Nigeria, Record Labels Association of Nigeria, International Federation of Photographic Industry and Persons living with disabilities among others. 
 
Stakeholders commended Senator Abiru for sponsoring a private member bill on Copyright.

Enitan Olukotun

Special Adviser to Senator Tokunbo Abiru
(Media and Publicity)

Nigeria @ 61: Senator Tokunbo Abiru Urges Unity, Peaceful Co-Existence

Nigeria @ 61: Senator Tokunbo Abiru Urges Unity, Peaceful Co-Existence

The Senator representing the Lagos East Senatorial District in the National Assembly, Distinguished Senator Mukhail Adetokunbo Abiru, FCA has charged Nigerians to strengthen the chord of national unity and peaceful co-existence.

Senator Abiru gave the goodwill message in commemoration of the 61st anniversary of Nigeria’s independence on Friday.

The Lagos East Senator recalled that in the last 61 years, Nigeria had survived turbulence in different shapes and hues but always emerged stronger even against the predictions of powerful foreign interests.

He said, ” It is the will of Almighty Allah to keep Nigeria going united against all darts that had hit the soul of the nation in the last 61 years. Only a few nations that faced similar crises pulled through. It behooves every patriotic Nigerian to strengthen our unity and maximize our diversities.

“Like I have always maintained, our challenges , though daunting but not insurmountable. Nigeria is not a lost cause. We can still salvage our dear nation and reposition her on the path of honour. I wish all Nigerians Happy 61st Independence”.

Enitan Olukotun

Special Adviser to Senator Tokunbo Abiru
(Media and Publicity)

Senator Tokunbo Abiru COVID-19 Financial Relief: Beneficiaries Get Cash Support For (9) nine Consecutive Month running

Senator Tokunbo Abiru COVID-19 Financial Relief: Beneficiaries Get Cash Support For (9) nine Consecutive Month running

For nine (9) consecutive month running, 1,079 beneficiaries of the Senator Tokunbo Abiru COVID-19 Financial Assistance received direct credit in their respective bank accounts today across 98 wards of the 16 Local Governments and the Local Council Development Areas, LCDAs in the Lagos East Senatorial District.

Those that benefitted this September belong to the Batch A category. Over a thousand beneficiaries in the category B will receive support next month.

The COVID-19 support scheme which kicked off January, 2021 in fulfilment of the promise made by the distinguished Senator during the electioneering to assist the poorest of the poor across the Lagos East Senatorial District.

Selected beneficiaries have been getting N5000 assistance bimonthly (i.e once in two months) since the beginning of the year and it will run through the year by way of direct credit to their bank accounts.

Beneficiaries include physically-challenged persons, aged, unemployed youth, widows and other vulnerable people in the senatorial district.

Senator Abiru, an accomplished banker has been breaking new frontiers in less than ten months in the saddle.

The Senator’s legislative agenda which is predicated on provision of good to the greater number of the people is already being felt across the socio-strata in the district.

Concerned about the plight of constituents and other road users plying Ikorodu/Sagamu Road and Ikorodu/Itoikin/Epe Epe Road, the distinguished Senator moved a motion calling on the Federal Government to urgently intervene on the two critical roads.

Following the motion, Contractors have since moved to site on Ikorodu Sagamu Road.

Under same period, Senator Tokunbo Abiru sponsored a bill titled, ‘The Copyright Act Repeal And Re-enactment Bill, 2021’ that will replace the extant Copyright Act Cap C28 LFN 2004.

The critical bill that will revolutionize the knowledge and intellectual property industry has scaled second reading on the floor of the Senate. Public hearing will be held on the bill in October.

The Distinguished Senator also facilitated a four blocks of 24 classrooms equipped with furniture and modern instruction materials, 16 toilets to Aga Primary School. The completed blocks of classrooms is completed and billed for commissioning soon.

In Epe, a mini stadium is currently under construction. A 40-bed Primary Health Centre is coming to Agboyi-Ketu LCDA..

In October, a whopping 600 brilliant tertiary institutions students in the Lagos East Senatorial District will benefit from the Senator’s Annual Bursary Scheme.

And in November, The Office of Senator Abiru in partnership with Fate Foundation, about 1, 000 Micro, Small and Medium Enterprises in the District will be trained in a two-day MSME Clinic.

Enitan Olukotun

Special Adviser to Senator Tokunbo Abiru
(Media and Publicity)

Senator Abiru Tasks Agencies On Revenue Generation

Senator Abiru Tasks Agencies On Revenue Generation

BUDGET DEFICIT: SENETOR TOKUNBO ABIRU TASKS GOVT AGENCIES ON MAXIMIZING CAPACITY FOR REVENUE GENERATION

The Senator representing the Lagos East senatorial District, Distinguished Senator Mukhail Adetokunbo Abiru, FCA on Wednesday during the debate on the 2022-2024 Medium Term Expenditure and Fiscal Strategy Paper on the floor of the Senator tasked major revenue earning agencies of government on improved capacity for revenue generation.

Abiru, an ex-banker and former Lagos Commissioner of Finance argued that one of the sustainable ways of reducing the huge budget deficit of the nation is for the agencies to improve their capacity in revenue drive and plug wastages.

He said, “How do we moderate the deficit. Some of the things that came out during the committee stage is the fact that most of the agencies of government we still need to push them to maximize their capacity for revenue generation.

“One of the major revenue earners for this country is oil. As the world is getting relaxed based on discovery of vaccine for COVID-19. As a result, there will be uptick in demand. Even the Organization of the Petroleum Exporting Countries, OPEC is increasing world output in terms of quota. But what do we find? Our own oil agency here is still falling short. They have the capacity of 2.5mbd capacity.

“We still lose above 100,000 bd of crude oil per day. If you extrapolate that in a year that is in excess of 40mb. That is in excess of N1tr. Those are revenues that can moderate out deficit and improve our capacity to repay debt”.

The Senator later engaged journalists at the Senate Press Centre where he elaborated on the panacea for huge deficit. He argued that when nations are confronted with recession, they spend their way out the conundrum.

Flanked by the Senator representing Lagos West Senatorial District, Senator Solomon Olamilekan Adeola, the Lagos East Senator said, “You spend yourself out of recession to keep the economy moving. But as you do that, yes, people are concerned about People are concerned why the revenue of the country is not rising to meet the expectations of spending.

“That is why you have the huge deficit. Part of what that is speaking to came to the fore during Committee stage, we came across MDAs whose revenue and targets or budget are not in line with the capacity that you expect.

“I think it was Corporate Affairs Commission, CAC . You needed to see trend of the budget and the budget they are projecting into 2022. Even at that committee stage, we had to extend the revenue target from N21b to about N30bn. We gave them the reason. It was based on capacity of what they were doing from prior years.

“That tells you that if you screen all the agencies well, all these deficits that people are clamouring about can be materially reduced if only we can get revenues that will reduce the deficit”.

The Senate passed the 2022-2024 Medium Term Expenditure and Fiscal Strategy Paper.

 

Enitan Olukotun

Special Adviser To Senator Tokunbo Abiru
(Media and Publicity)

 

Condolence to Senator Durojaye

Condolence to Senator Durojaye

 

CONDOLENCE LETTER ON THE PASSAGE OF PAPA, THE DISTINGUISHED SENATOR OLABIYI DUROJAIYE

I commiserate with the family of The Distinguished Senator Olabiyi Durojaiye, the people of Ijebu-Igbo in particular and the entire Ogun State people in general on the passing of their patriarch who transited unto glory on Tuesday 24th August, 2021 at the age of 88 years.

 

The passage of Baba is a personal loss to me because the late 4th Republic Senator was a father figure to me. He was very supportive in my quest to represent the good people of the Lagos East Senatorial District in the Senate and played a great advisory role after my victory.

 

We remained in touch up till August 7, 2021 when I assured  him via telephone conversation that I will visit him on my return from vacation abroad on August 24th, 2021. However, I was saddened to learn of his passing on August 24th when I arrived in Nigeria.

 

Papa was an astute progressive and elder statemen who gave his best to the service of the nation. He stood like a rock of Gibraltar against the vicious military dictatorship as one the prominent leaders of the National Democratic Coalition, NADECO who fought the military to stand still.

 

He has left enviable legacies as a Federal Legislator and later as Chairman of the Nigerian Communication Commission, NCC.

 

I pray that Almighty God grants Papa eternal rest, and gives the family the fortitude to bear the irreparable loss.

 

Adieu Papa!

Senator Mukhail Adetokunbo Abiru, FCA