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Commodities exchange should serve as key catalyst for development of critical sectors -says Gawuna

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3 years ago

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Following the need to diversify and grow the economy of the country for sustainable development,the Deputy Governor of Kano State, Dr.Nasiru Yusuf Gawuna has observed that the commodities exchanges can serve as key catalyst for development of critical sectors,because it offers credible platform for trading and facilitating export of commodities.

He made the statement on thursday while declaring open a stakeholders sensitization workshop on commodity standards organised by the Securities and Exchange Commission in collaboration with the Standards Organisation of Nigeria at Grand Central Hotel,Kano.

“To achieve this our commodities must conform with internationally accepted standard “.

Kano Task Force C’ttee on beggar repatriation to commence Operation

The Deputy Governor added that in Kano through Agro-Processing,Productivity Enhancement and Livelihood Improvement Support Project (APPEALS) they are seeking to enhance agricultural productivity of small and medium scale farmers as well as improved value addition along three priority value chains of rice,wheat and tomato.

“This objective will be achieved through support for increased productivity of farmers and their linkage to markets…in this regard the commodity exchanges can play a critical role by ensuring commodities price stability and providing market access to farmers”.

He further said the workshop as part of the national standard development process is relevant and timely,therefore…I congratulate the Securities and Exchange Commission and the Standards Organisation of Nigeria for partnering to organise the workshop.

This workshop is a signal that with strong collaboration among institutions,regulators and stakeholders we can exceed our target sooner than expected.

Gawuna therefore assured of continued support and cooperation to the two agencies so as to enhance the standards of the commodities.

In his remarks, the Director General of Standards Organisation of Nigeria, Farouk Salim noted that since Nigeria is ready to key into the global sustainable commodity market,his agency is also ready to partner in areas where its services are needed.

While imploring the traders and other stakeholders along the commodity value chain to ensure compliance to standard with evidence of certification,he reiterated that Standards Organisationof Nigeria is committed to ensuring that the primary objective of the commodity exchange to offer fair pricing to the producers and genuine commodities to the consumers is achieved through quality production based on conformity to relevant national commodity standard.

Speaking earlier, the Director General of Securities and Exchange Commission, Lamido Yuguda said this is the second in the series of workshops organised to enhanced commodity standards and part of the result of their partnership with Standards Organisation of Nigeria.

In a statement by Hassan Musa Fagge said others who spoke at the occasion include the representative of the Emir of Kano, Sarkin Shanun Kano Alh.Shehu Muhammad Dan Kadai.

 

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Kano State Hosts 8th Annual Audit Forum to Enhance Transparency and Accountability

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11 hours ago

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November 21, 2024

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The 8th Annual Audit Forum, organized by the Office of the Auditor General of Kano State, was held recently, focusing on strengthening transparency and accountability in public financial management. .

Isma’ila Musa, the Auditor General of Kano State, welcomed the participants and highlighted the constitutional and legal mandates that guide the auditing process. “Sections 125(2) of the 1999 Constitution of the Federal Republic of Nigeria (as amended) and 36(i) of the Kano State Audit Law, 2021 (as amended) mandate the Office of the Auditor General to audit the accounts and financial statements of the State Government and all Offices and Courts,” he stated.

Musa expressed immense gratitude to His Excellency, Engineer Abba Kabir Yusuf, the Governor of Kano State, for his support in making the event possible. “It is very important to note that a strengthened fiscal transparency will help build trust in governance,” he emphasized. He added that the Audit Forum is a reform intended to reduce opportunities for corruption and abuse of public resources, thereby increasing the efficiency of public expenditures.

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The Auditor General also acknowledged the contributions of various officials, including the Hon. Commissioner Ministry of Planning and Budget, the Accountant General, the Executive Chairman of Kano Internal Revenue Services, and former Auditors General, among others. “My sincere appreciation to all the invitees here present for honoring our invitation. I wish us a successful 8th Kano State Annual Audit Forum,” Musa concluded.

In his remarks, the Chairman of the House Committee on Public Accounts, Honorable Tukur Fagge, praised the exercise for its potential to enhance resource management and ensure the success of the tasks at hand. “This exercise will enhance resources management and will realize the success of the task,” Fagge stated.

Sarkin Shanon Kano, Shehu Muhammad Dankadai, who served as the royal father of the day, also graced the event, adding to the significance of the occasion.

The forum underscored the commitment of the Kano State Government to upholding transparency and accountability, reflecting the administration’s dedication to effective and efficient service delivery.

 

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Breaking: Former Secretary of Federal Electoral Commission, FEDECO, Ahmadu Kurfi Passes On at 93

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17 hours ago

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November 21, 2024

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Late Alhaji Ahmadu Kurfi

 

A former secretary of the Federal Electoral Commission, Alhaji Ahmadu Kurfi, has passed away.

A family source, Jafar Yakubu, informed NIGERIAN TRACKER about the death of the pioneer secretary of the Federal Electoral Commission, who supervised the 1979 general election.

 

Jafar Yakubu said Alhaji Ahmadu Kurfi died at the age of 93 and his Janaza funeral prayers will take place by 2:30 PM at Kurfi in KATSINA state .

 

Dr. Amadu Kurfi, OFR, was born in 1931. He was a former chairman of the then Marketing Board, former Federal Permanent Secretary of the Federal Ministry of Defence, and the first person to acquire a BSc degree in the whole of Katsina State, at University College London in 1957.

 

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President Tinubu Sacks UNIZIK Vice-Chancellor, Registrar

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1 day ago

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November 20, 2024

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The governing council of the Nnamdi Azikiwe University has been dissolved by President Bola Tinubu.

The president dissolved the council and approved the removal of the institution’s vice-chancellor Bernard Odoh and the university registrar, Rosemary Nwokike.

A statement by Bayo Onanuga, the special adviser to the president on information and strategy said the action by Tinubu follows allegations of procedural violations in the appointment of the Vice-Chancellor.

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He also said that the council led by Greg Ozumba Mbadiwe and including five other members—Hafiz Oladejo, Augustine Onyedebelu, Engr. Amioleran Osahon, and Rtd. Gen. Funsho Oyeneyin was accused of bypassing due process to appoint an unqualified candidate, prompting federal intervention.

Onanuga said, “The sacking of the governing council and officials followed reports that the council illegally appointed an unqualified vice-chancellor without following due process.

He added that following the controversial appointment, the Federal Government stepped in to address the rivalry between the university’s Senate and the governing council of the institution.

“The government expressed concern over the council’s apparent disregard for the university’s governing laws in its selection process”, Onanuga added.

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