Connect with us

Society

FOLASHADE JOSEPH: A BELLWETHER IN AGRIC INSURANCE.      

Published

on

By Obafemi Babajide

Women today, are leaving no stone unturned in proving their mettle, creating exemplary behaviours, setting goals, setting and breaking records and imprinting their footprints on the golden shores of time. In the Africa of today, women are rising against the challenge of been labelled weaker sex, they are daily taking the front burner, they are making headlines. Most importantly, they have shown even their male counterparts, signs of their preparedness to rule or lead the governments of states and nations of Africa and the World.

In recent decades, great women have led government organisations, parastatals, MDA’s and even nations of Africa and have excelled beyond expectations. Women like Professor Dora Akunyili, Madam Oby Ezekwesili, Madam Aruma Oteh and Madam Ngozi Okonjo Iweala who now is the Director-General of World Trade Organisation [WTO]. We have seen examples of Madam Ellen Sirleaf Johnson who did well as Liberia President and the first female President in Africa from 2006 to 2018 and now Madam Samia Suluhu Hassan, the new Tanzania female President.

In this order of great women is Mrs Folashade Joseph another good example of a girl child, who defied all odds in getting to her present status and who does everything humanly possible to excel wherever she finds herself.

Appointed as the MD/CEO of Nigeria Agricultural Insurance Corporation [NAIC], on the 10th of April 2017, Madam Folashade Joseph, in line with President Muhammadu Buhari’s policy of ameliorating the suffering of Nigerians and moving our national economic dependency from oil to agriculture and other viable sectors, set the wheel rolling with utmost urgency.

Mrs Joseph, like the biblical verse, had set her hand on the plough, there won’t be time at all to look back. She is a woman under authority and instruction to deliver; the progressive change was her mandate, success was her target, that success she will toil for day and night, and that success she must achieve.

Her first assignment was to look into re-aligning NAIC with the primary reason why it was created in 1987 and was then named Nigeria Agricultural Insurance Company which was later in 1993 renamed Nigeria Agricultural Insurance Corporation by the enabling act 37 of 1993.

This primary mandate of NAIC is to operate the Nigeria Agricultural Insurance Scheme [NAIS]. The scheme which Mrs Joseph re-calibrated NAIC back towards is a mechanism modelled to shield farmers from the effect of natural hazards. Farmers, especially peasant, subsistent, including those who do farming as an MSME are mostly affected or even sent out of businesses through natural hazards and untoward disasters.

The main goal of NAIC is to make farming beautiful and enticing. Madam Folashade Joseph has succeeded in this wise by re-assuring farmers of the government’s determination to keep them in business by undertaking to give them covering through seamless insurance arrangements that will ensure a win-win situation for all.

From the big farm owners, down to the subsistent farmers, NAIC has models of pocket-friendly insurance policies at 50%, which is paid by the government and covers all risks and hazards.

Since her appointment, settlements of claims in NAIC has been prompt. To this end, the majority of farmers and those who had claimed settlement with NAIC, had expressed confidence and satisfaction in the way matters are now been handled, there is however a huge increase in the confidence level of farmers patronising NAIC because of them believing that it can now effectively handle their risks.

Her staff welfarism and training programme is top-notch. Mrs Joseph believes in training and re-training of staff for the optimum result-oriented environment. On her resumption and in line with her vision of making the corporation the leading Agricultural Insurance Organisation, Mrs Joseph immediately built and commissioned a new ultra-modern conference hall which was to assist in the delivery of an efficient, safe, productive and energy optimising environment; which will also reduce operating cost, increase staff orientations, re-orientation, training and as well generate additional income to NAIC through other outside users.

She has also created a farmer’s friendly environment by ensuring that her staffs go round the nation training and sensitising farmers on how best to go about their farming businesses in other for them to gain a high yield and to also avoid common and unnecessary natural hazards and risk. She has made sure that her staffs allay people’s fear of the wrong notion that insurance companies are reluctant or reneges when it comes to settlements or payment of claims.

Because NAIC is government-owned and they are the sole underwriter of agricultural risk, Mrs Joseph is firm on operating the NAIS scheme of subsidising premium dues to the tune of 50%; this however means that the farmers pay 50% while the Federal Government and the State Government where the project is located pays 37% and 12.5% respectively.

Her term in office has seen to extending the scope of NAIC not only to agricultural insurance businesses but to underwrite other policies in businesses such as fire, burglary, workmen compensation, motor, marine, hull and cargo, goods in transit and performance bond because the act enabling the corporation empowers it to do so since they are also necessary for the Agric-Businesses across the value chain.

It is therefore not a surprise that in line with the Buhari’s next level agenda, the President through the Minister of Agriculture, deemed it fit to re-appoint Mrs Folashade Joseph, a trailblazer for a second term in office which started on the 12th of April 2021.

Society

Oando Boss, Wale Tinubu Receives Award as Best Investor of the Year

Published

on

By

 

Jubril Adewale Tinubu, oil tycoon and GCE of leading oil and gas firm, OANDO, yesterday shone brilliantly like a well-cut diamond when he received the award for the New Telegraph Investor/Transaction of the Year 2024.

 

The oil guru with three decades of expectational performance in the oil sector was among other prominent Nigerians that went home with honours at the Oriental Hotels, venue of the ceremony.

 

The award, described as well- deserved, was presented to Tinubu for leading his team to successfully completing the acquisition of Agip Oil Company at $783 million.

 

The transaction, which was completed in August 2024, was described my many as a remarkable one the nation’s economy.

 

Tinubu is an intelligent, pragmatic and a genius who strikes when the iron is hottest.

 

Gifted with a knack to spot opportunity ahead of the crowd, Tinubu has in the last 30 years of unbroken entrepreneurial voyage positioned Oando among the best oil and gas company in the world.

He believes Nigeria offers limitless possibilities and opportunities, and holds high, at all times, the banner of hope.

 

Today, the business has not only earned him fame and wealth, but has also contributed in great measures to the economic development of Africa and beyond.

 

Other awardees on the night include Governor Babagana Zulum of Borno State won the Governor of the Year 2024; Governor Babajide Sanwo-Olu of Lagos State received the Governor of the Year in Projects, while Governor Ahmed Aliyu of Sokoto State won Governor of the Year in Economy

 

 

Others are Governor Sheriff Oborevwori of Delta State; Osun State Governor, Senator Ademola Adeleke; Ekiti State Governor, Biodun Oyebanji; Group Chief Executive Officer of the Nigeria National Petroleum Corporation Limited (NNPCL), Mr Mele Kyari, won the newspaper’s prestigious Man of the Year 2024, while the Minister of Aviation and Aerospace Development, Barrister Festus Keyamo (SAN), won Minister of the Year 2024 in Transformative Leadership.

Continue Reading

Society

The weaponization of justice and the injustice faced by Dan Etete – Jeremiah Perekeme 0woupele

Published

on

By

 

In the intricate corridors of global jurisprudence, the scales of justice often tip under the weight of political machinations and economic interests. The case of Dan Etete, Nigeria’s former Minister of Petroleum, epitomizes how legal systems can be manipulated, leading to profound personal and national injustices.

Dan Etete, appointed as Nigeria’s Minister of Petroleum Resources in 1995, played a pivotal role in introducing the marginal oil field regime and indigenous participation in Nigeria’s oil and gas industry. His contributions have however been beclouded by the controversy around the controversial OPL 245. This oil block, one of Africa’s richest, became the focus of a protracted legal battle involving major oil companies amid allegations of corruption. Etete’s involvement led to accusations that have marred his reputation and overshadowed his contributions to Nigeria’s oil sector.

In a landmark decision, an Italian court acquitted Eni, Shell, and associated individuals, including Etete, of corruption charges related to OPL 245. The court concluded that there was no case to answer, highlighting the absence of sufficient evidence to substantiate the allegations. This verdict underscores the complexities inherent in international legal proceedings, where accusations often outpace the evidence required for conviction.

Etete’s ordeal is not isolated. Globally, individuals have faced similar legal battles, where accusations are levied, with years spent in court, only to culminate in acquittals. These cases highlight systemic issues within legal frameworks that allow for the weaponization of justice, often driven by political or economic motivations.

The protracted legal saga of Amanda Knox serves as a poignant illustration of Italy’s judicial labyrinth. Knox, an American student, was accused of the 2007 murder of Meredith Kercher in Perugia. After initial convictions and subsequent acquittals, she was finally exonerated by Italy’s Supreme Court in 2015.

The case highlighted significant issues within the Italian legal system. Issues were raised around the handling of forensic evidence, media interference, and prosecutorial conduct. It also underscored the challenges of ensuring justice in a system where legal procedures can be as complex as the crimes themselves.

In the UK, the case of the Birmingham Six remains a stark reminder of the fallibility of justice systems. Six Irish men were wrongfully convicted in 1975 for pub bombings in Birmingham, based on coerced confessions and questionable forensic evidence. After 16 years of imprisonment, their convictions were quashed in 1991, revealing systemic flaws such as investigative misconduct and the suppression of evidence. This case prompted significant reforms in the UK’s criminal justice system, emphasizing the need for checks and balances to prevent miscarriages of justice.

The term “weaponization of justice” refers to the deliberate manipulation of legal systems to achieve objectives beyond the pursuit of truth and fairness. The weaponization of legal technicalities, whether through coerced confessions, mishandled evidence, or political interference, undermines the foundational principles of justice.

In Dan Etete’s case, the prolonged legal battles, despite eventual acquittal, suggest a misuse of judicial processes, leading to reputational damage. Despite his achievements that merit recognition, and most notably his discharge and acquittal in three jurisdictions – ITALY, UNITED KINGDOM, and Nigeria; he has remained the focal point of smear campaigns.

What does his discharge and acquittal really mean? It means that Dan Etete has been formally cleared of charges in a court of law. This means the court has found him not guilty of the charges brought against him. An acquittal signifies that there was insufficient evidence to prove the person committed the alleged offence, or was proven innocent. This means the accused is released from the legal process and is free to go. If he has been found to have done nothing wrong by the Nigerian Legal system, where the judiciary has come under scrutiny in recent times, is it being insinuated that the course of justice was perverted in those other jurisdictions?

In reflecting upon the Chief Dan Etete cases, it becomes evident that the pursuit of justice requires constant vigilance, systemic introspection, and unwavering commitment to fairness. Just as poverty can be weaponized to perpetuate societal inequities, legal ambiguities when exploited, lead to miscarriages of justice.

Moreover, they erode public trust in legal institutions, deter individuals from public service, and can have economic repercussions, especially in sectors as vital as oil and gas. Furthermore, they highlight the need for reforms to prevent the misuse of legal systems and to ensure that justice is truly blind.

Politically Exposed Persons (PEPs) often find themselves under intense scrutiny due to their influential positions, making them susceptible to allegations of corruption. In several instances, PEPs have been wrongfully accused and, despite subsequent exoneration, have suffered significant reputational damage due to smear campaigns. Here are five notable cases from different countries:

Former President John Dramani Mahama was implicated in a bribery scandal involving Airbus SE, with allegations suggesting his involvement through his brother, Samuel Adam Mahama. These claims, lacking substantial evidence, were perceived as politically motivated to tarnish Mahama’s reputation and divert attention from governmental shortcomings. The Office of the Special Prosecutor (OSP) eventually exonerated Mahama, but the smear campaign had already inflicted damage on his public image.

Adolphus Wabara, former President of the Nigerian Senate, faced allegations in 2005 of accepting a ₦55 million bribe to influence budget approvals. Despite his resignation and a prolonged 14-year legal battle, Wabara was acquitted in 2019 due to insufficient evidence.

Frederick Chiluba, Zambia’s second President, faced allegations of embezzling public funds after his tenure ended in 2002. Following a protracted legal process, Chiluba was acquitted of all charges in 2009. The court determined that the prosecution failed to provide compelling evidence linking him to the alleged crimes. This verdict underscored the challenges in distinguishing between political vendettas and genuine anti-corruption efforts.

Georgia Thompson, a Wisconsin state employee, was convicted in 2006 on federal corruption charges, accused of steering a state contract for political reasons. The U.S. Court of Appeals for the Seventh Circuit overturned her conviction in 2007, citing a lack of evidence.

Former Prime Minister Khaleda Zia was accused of misusing funds related to the Zia Charitable Trust, leading to her conviction and imprisonment in 2018. In November 2024, the Supreme Court of Bangladesh acquitted Zia and all co-accused, citing a lack of credible evidence.

Nabil Sayadi, director of the European branch of the Global Relief Foundation, was accused of transferring funds to an Al-Qaeda financier, leading to his inclusion on international watch-lists and the freezing of his assets. In 2006, Belgian judges exonerated Sayadi, citing a lack of evidence linking him to terrorist activities.

These cases highlight the profound impact that unfounded corruption allegations and smear campaigns can have on PEPs, often resulting in lasting reputational harm even after legal exoneration.While many accusations are substantiated, there are notable instances where PEPs have been wrongfully accused and subsequently exonerated by the legal system.

Chief Dan Etete’s experience, like the ones already referenced, serves as a stark reminder of the potential for justice systems to be weaponized. It calls for introspection and reform to safeguard the principles of fairness and equity, ensuring that individuals are protected from undue legal persecutions driven by interests that have little to do with justice. This underscores the necessity for robust legal frameworks that ensure due process, protect individuals from politically motivated accusations, and uphold the integrity of judicial systems worldwide.

*** Jeremiah Perekeme Owoupele is a Niger Delta based lawyer.

Continue Reading

Society

Portable now in our custody – Ogun Police

Published

on

By

 

The Ogun State Police Command says Habeeb Okikiola, aka Portable, is now in its custody.

 

Omolola Odutola, the state public relations officer made the disclosure in a statement on Wednesday.

 

According to her, “The Ogun State Police Command wishes to inform the public that Habeeb Okikiola, also known as Portable, arrived at the State Criminal Investigation Department, Eleweran, Abeokuta, at exactly 13:23 hours today, February 19, 2025.

 

 

“His presence at the SCID is connected to an ongoing investigation. The command assures the public that due process will be followed in handling this matter, and updates will be provided as necessary.”

 

Portable was declared wanted for assault on some officials of the Ogun State Town Planning Agency who were carrying out enforcement on his property in the Ilogbo area of the state.

 

Details later…

Continue Reading

Trending