Abia State House of Assembly Plenary for Tuesday, 28th September, 2021.
Welcome to another Legislative Day in the 7th Abia State House of Assembly.
The Speaker, Rt Hon Engr Chinedum Enyinnaya led Principal Officers into the Hallowed Chambers.
Hon Abraham Oba, Member representing Aba Central State Constituency led the opening prayer.
The Abia State House of Assembly commenced plenary after the adoption of Votes and Proceedings of Wednesday, 22nd September, 2021.
MESSAGES FROM THE GOVERNOR.
The Speaker read out a letter from the Governor dated Monday, 27th September, 2021, requesting the House to screen and confirm the recently announced Commissioner-nominees.
The Speaker read out the names of the commissioner-nominees and asked the Clerk of the House to inform them to make available necessary documents to the Office of the Clerk. The Speaker also directed the Clerk to relay a date when they will appear before an Ad-Hoc committee of the House before doing same in plenary for their screening.
The Speaker also read out another Letter from the Governor requesting the House to screen and confirm the members nominated for the Abia State Civil Service Commission and the Abia State Local Government Service Commission.
The Speaker therefore constituted the ad-hoc committee to screen the commissioner nominees and nominated Chairmen and Members of the Abia State Civil & Local Service Commissions as follows:
1. Rt Hon Ifeanyi Francis Uchendu – Chairman
2. Hon Munachim Alozie
3. Hon Paul Taribo
4. Hon Kelechi Onuzuruike
5. Hon Mandela Obasi
6. Hon Chijioke Chukwu
ANNOUNCEMENTS
The Speaker read a letter from Chief Uzodinma Okpara (Omekannaya), the first son of Late Dr Michael Iheonukara Okpara, former Premier of Eastern Region inviting the House to the burial of his mother, Late Lady Adanma Okpara scheduled to hold 18th December, 2021, at Umuegwu Okpuala Afugiri in Umuahia North Local Government Area.
The Speaker also read a letter from Rt Hon Prince Christopher O. Enweremadu inviting the House to the burial of his father, His Eminence Eze Dr Bernard Enweremadu, Eze Ukwu Ngwa on 17th December, 2021, at the country home of the late monarch.
Rt Hon Engr Chinedum Enyinnaya Orji also read out a letter inviting the House to the burial of Late Eze Johnson Nwagwu, a former Deputy Speaker of the Abia State House of Assembly.
The burial is slated to hold on 22nd October, 2021 at Ihie, Ugwanagbo Local Government Area of Abia State. The letter also requested the House to hold a valedictory session for the late former Lawmaker.
PETITION
Hon Emeka Okoroafor read to the House a petition filed by the National Union of Road Transport Workers, Abia State (Ugwunagbo Chapter) against Hon Mrs Chinazaokwu Nnata over her “riotous and unlawful meddlesomeness into the affairs and administration of the National Union of Road Transport Workers, Ugwanagbo Chapter”.
The petitioner pleaded with the House to treat the issue as a matter of urgency.
ORDER OF THE DAY
Items H.A.B. 43: The Abia State Registration of Industries and Operational Permit and H.A.B. 45 : The Abia State Debt Management Office Bill sponsored by Hon Solomon Akpulonu, the Majority Leader, were deferred to be considered on another Legislative Day.
PRESENTATION OF REPORTS
Presentation of the report of the House Committee on Public Accounts, Anti Corruption and Due Process on the petition titled “Embezzlement of Funds Earmarked for the Establishment of the Abia State Micro Finance Bank” by the State Committee on Small and Medium Scale Enterprises.
FINDINGS/OBSERVATIONS
Sequel to the oral and documentary submissions made by the representatives of the State Committee on Small and Medium Scale Enterprises (SMEs), the Committee made the following Findings/Observations:
1. That the composition of the State Committee on SMEs include the following amongst others:
i. The then Secretary to the State Government (Dr. Eme Okoro)
ii. The then Commissioner, Ministry of SMEs (Barr. Gab. Igboko)
iii. The Special Adviser to the Governor on SMEs (Mr. Chinenye Nwogu)
iv. The Director of Finance, Ministry of SMEs
2. That the State Committee on SMEs was constituted in 2018 with the Mandates which included acquiring Multi-tier License for the establishment of Abia Microfinance Banks in all the 17 Local Government Areas of the State in order to provide support to Small and Medium Scale Enterprises across the State.
3. That the State Committee on SMEs received the sum of N200m from Keystone Bank as loan as approved by the State Government to establish a Multi-tier Micro Finance Bank for the State so as to attract Funds from the Central Bank of Nigeria for SMEs oriented progrommes for the State.
4. That part of the Two Hundred Million Naira (N200m) has been spent on the following subheads as submitted by the Committee on SME Microfinance Bank:
Procurement of Banking Licence -N38,500,000.00
Legal fees and Corporate Services – N9,000,000.00
Bridging Finance (deductions from the Term Facility) by Keystone Bank – N19,300,000.00
Rehabilitation/Renovation of the bank buiilding and banking hall and the One Stop Shop in Umuahia – N7,711,000.00
Procurement of Plants and Equipment – N8,728, 000.00
Procurement of Banking Software, ICT and Security Infrastructure – N7,263,000.00
Motor Vehicles – N11,000,000.00
Flag-off/Commissioning Ceremonies – N4,166,000.00
Share Capitalization Increase – N2,135,000.00
Total – N38,500,000.00
5. That the remaining Ninety Two Million, One Hundred and Ninety Seven Thousand Naira (N92,197,000.00) is still intact in the Committee’s Account domiciled with Keystone Bank, Umuahia as stated by the SME Committee.
6. That a representative of the State Committee on Small and Medium Scale Enterprises (SMEs) and its Director of Finance made oral submissions and later submitted documents to the committee to prove the above expenditures.
7. That the Permanent Secretary of the Ministry of Small and Medium Scale Enterprises (SMEs) whose Ministry plays a pivotal role in the co-ordination of the Central Bank Small and Medium Scale Enterprises oriented programmes was conspicuously omitted from the membership of the Committee.
8. That the former Director of Finance of the Ministry of SMEs who was appointed as a member of the State Committee on SMEs based on her position then, has continued to serve as a member of the Committee after she was posted to the Office of Head of Service instead of relinquishing her position to her succeeding Director of Finance of the Ministry of SMEs.
9 That the name of the accouNt domiciled at Keystone Bank is ABIA STATE MICROFINANE BANK
RECOMMENDATIONS
The Committee having painstakingly analyzed the above findings/ observations do hereby recommend as follows:
1. That the House do mandate the State Committee on SMEs to, without further delay, address all the bottlenecks surrounding the transfer of the ownership of the acquired Micro Finance Bank to the State Government in order to ensure that the Bank is put into the rightful purpose for which it was acquired by the State.
2. That the House should commend the laudable vision and efforts of the Governor, Dr Okezie Victor Ikpeazu, in establishing the Micro Finance Banks in the three 3 Senatorial Districts of the State in order to provide financial support and soft loan facilities to Small and Medium Scale Enterprises across the State.
3. That the Permanent Secretary, Ministry of SMEs be included as a member of the State Committee on SMEs in order to ensure proper cohesion between the Ministry and the Committee.
4. That the Post of the Accountant of the State Committee on SMES should be domiciled in the Ministry of SMEs in such a way that every Director of Finance of the Ministry occupies the position.
Having read the report, Chairman of the House Committee on Pubkic Acciunts, Anti Corruption and Due Process, Hon Jerry Uzosike, thanked the Speaker and Members of the House for the cooperation they received while their work lasted.
Other items on the Order were deferred to be considered on another Legislative Day.
ADJOURNMENT.
Hon Solomon Akpulonu, Majority Leader of the House, moved that plenary be adjourned to another Legislative Day.
The Minority Leader, Hon Chijioke Chukwu seconded the motion.
Plenary was therefore adjourned to Wednesday, 29th September, 2021.
Disclaimer: infonte9ja.com shall not be liable to Opinions, Articles or Features that doesn't emanate from any of its staff and management. We also wish to reiterate that such personal or sponsored opinion, article or feature does not reflect the views of the publishers of infonet9ja.com, but the writer's
For publication of your news content, articles, videos or any other news worthy materials, please send to infonetnews9ja@gmail.com | For Advert and other info, you can call 09061217047 or send a WhatsApp Message to 09061217047
Courtesy: Media Unit, Office of the Rt Hon Speaker, Abia State House of Assembly.