Former Akwa Ibom State Military Governor Mr. Idongesit Nkanga is dead at 68

 

Former Akwa Ibom State Military Governor and (retd.) Air Commodore Mr. Idongesit Nkanga is dead.

ICMS, Inc. Reports 
By Tom Okure, Ph.D.

It is with a heavy heart that I report the death of Mr. Idongesit Nkanga who was a former military governor of Akwa Ibom State.  Mr. Nkanga was appointed governor of Akwa Ibom State of Nigeria and governed the state from September 1990 through January 1992 during the military dictatorship of General Ibrahim Babangida. 

At the start of the Nigerian Third Republic he handed over governance of the state to an elected civilian Governor. He had contested for the governorship of the state under the platform of the National Democratic Party but lost to former state governor Obong Victor Attah.

Mr. Nkanga reportedly died yesterday on Christmas Eve December 24, 2020 in an unnamed hospital in Uyo, the capital of Akwa Ibom State. It is alleged that he died as a consequence of complications from COVID-19. He was 68 years old at the time of his demise. He was also the National Chairman of the Pan Niger Delta Forum (PANDEF) at the time of his death.

Mr. Idongesit Nkanga during a
consultation meeting in Albany, New York

As the chairman of PANDEF, Mr Nkanga had been outspoken and was a prominent advocate for the restructuring of Nigeria and the development of the Niger Delta region of Nigeria

I got to know Mr. Nkanga personally very many years ago during his visit to New York State’s capital Albany. I met and became acquainted with him during a consulting engagement in Albany. He was a great statesman and son of Akwa Ibom State and will be greatly missed. May his soul rest in peace (RIP).

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All rights reserved by Tom Okure, Ph.D CEO of Inter-Continental Mgt. Systems, Inc (or ICMS Inc). ICMS, Inc, is a multifaceted business and management consulting firm with its head office in Albany, New York.

Nara Ekela Mo: Global version of the song performed by resonance and friends

Nara Ekela Mo: Global version of the song 

Nara Ekela Mo (English meaning - Take my thanksgiving) If I had ten thousand tongues. It still won't be enough.

By Tim Godgrey
Performed by Resonance and Friends

A joyous taste of united praise from tour global Church family: 37 people in Brazil, England, France, Indonesia, Singapore and Spain sing united praise to the Lord.

Song based on 'What shall I render to the LORD for all his benefits to me?' from Psalm 116:12 (ESV). Global cover version of the Song in Igbo and English by Tim Godfrey. Performed here by the Global Resonance Multicultural Worship Collective, Arts Release (WEC International).

Preface to video

As you enjoy this great gospel song remember this: There is only one God, but many races, cultures and many languages ~ Tom Okure, Ph.D.

This beautiful Nigerian gospel song has been song so many times and by so many people and groups. The original rendition of the song was made in Nigerian Igbo language. The uniqueness of the lyrics of this global version is the fact that it is rendered here in English, Igbo, Yoruba, Mandarin, Tamil, Bahasa Indonesia and French.

Christmas Songs: Old Classics by Nat King Cole,Frank Sinatra,Dean Martin,Elvis Presley,Bing Crosbey

 

Christmas Songs and Entertainment Series: No 3

OLd Classics Christmas Songs by Nat King Cole,Frank Sinatra,Dean Martin,Elvis Presley,Bing Crosbey Classics Christmas with Fireplace

Christmas Carols: Old Classics - Holy Night

Christmas Songs and Entertainment Series: No 2

CANTIQUE DE NOEL BY ADLOPHE CHARLES ADAM

Holy Night Rendition
Courtesy of Harmonious Chorale-Ghana

 

Christmas Carols : Old Classics by Jim Reeves

Christmas Songs and Entertainment Series: No 1

Old Classics Christmas Carols

Nigerian Central Bank (CBN) Provides Regulatory Guidelines On New Diaspora Remittances Policy

Regulatory guidelines on Nigeria's new diaspora remittances policy. 

ICMS, Inc. Reports 
By Tom Okure, Ph.D.

COMMENTARY 

The Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele in a press conference on December 3, 2020 formally provided further regulatory guidelines on Nigeria's new diaspora remittances policy. 

Godwin Emefiele, Governor of CBN

We in the Diaspora applaud the new remittance policy and the action of the Central Bank of Nigeria to improve the foreign exchange earnings of Nigeria derived from diaspora remittances into Nigeria estimated to be as high as 26 billion US dollars annually. Nevertheless as the saying goes: “The test of the pudding is in the eating.”

While the policy intentions of the central bank and the Nigerian government are very noble, the failure of many government policies in Nigeria are usually in the implementation of the policies. There are vested institutional interests and black market agents who will resist this policy and are already showing their opposition to this good intention policy designed to help the economy.   

We will shortly see and report back to our readers on weather this policy is working by examining the practical application of the policy. A key question for our examination is whether the Nigerian Banks entrusted with the implementation of this innovative policy will have the dollars readily in the proper denominations to give the recipients of the overseas transmitted funds? From practical experience of many individuals operating domiciliary accounts, it is sometimes difficult to withdraw or have access to one funds because the banks usually claim or complain that they do not have the funds to give the funds owners immediately. 

Nigerian Influencers featuring Nigeria’s Central Bank Governor Godwin Emefiele.

Nigerian Influencers featuring Godwin Emefiele Nigeria’s Central Bank Governor

ICMS, Inc. Reports 
By Tom Okure, Ph.D.

Godwin Emefiele is presently Nigeria’s Central Bank's (CBN) Governor. He has been in the position since June 4, 2014. Born on August 1961 in Lagos State, Nigeria, Emefiele is originally from Ika South,

Godwin Emefiele Governor
of CBN since June 4, 2014

Agbor region of Delta State. He holds a B.Sc. degree in Finance (1984) and an MBA in Finance (1986), both from the University of Nigeria, Nsukka. He is also an alumnus of Executive Education at Stanford University, Harvard University (2004) and Wharton School of Business (2005). He was conferred with an Honorary Doctorate Degree in Business Administration by the University of Nigeria, Nsukka (UNN).

Before he joined the CBN, he worked as Group Managing Director and Chief Executive Officer of Zenith Bank PLC, one of Nigeria’s biggest banks with over 7,000 staff, about $3.2 billion in shareholders’ funds, and subsidiaries in Ghana, Sierra Leone, Gambia, South Africa, China, and the UK. Prior to his banking career, he lectured in finance and insurance in two Nigerian universities. He holds degrees in banking and finance from the University of Nigeria, Nsukka.

During his first term, he oversaw a currency interventionist policy on behalf of the Nigerian presidency, strengthening the Nigerian Naira by putting in billions of dollars into the foreign exchange market. He also began a multiple exchange rate regime designed to reduce pressure on the Naira and avoid a series of devaluations. In 2019, the Senate approved him for a second five-year term making him the first person to serve for a second term since 1999 when Nigeria returned to democracy.