Nambawan Super Savings and Loans Society (NSLS) Limited is said to be the fastest growing savings and loans society in the country with a notable membership coming from the education department and medical fraternity. According to the NSLS Chief Executive Officer (CEO) Mr. John Solok, the teachers make up about 35% which is around 10, 000 memberships and this makes up a third of the total membership base. “In recent years we have seen a strong in-flow from the education department having a lot of teachers joining us and we would like to see that continue,” said Mr. Solok. Mr Solok said the other notable membership is from the medical fraternity, especially from the nurses throughout the country. “We also have a strong number coming from the nurses or generally the medical fraternity, which constitute about twenty per cent or around two hundred of our membership base,” added the CEO. NSLS Board Chairman Mr. John Cholai added that the society with more than 30, 000 membership base, is the fastest growing savings and loans society that has 23 serving points throughout the country through the Nambawan Super Limited which is the number one supporter. NSLS has branches located in Kokopo in East New Britain province, Kimbe in West New Britain province, Mt. Hagen in Western Highlands province, Lae in Morobe province and Alotau in the Milne Bay Province.

Members of Nambawan Super Savings and Loans Society (NSLS), now can find ease in saving to buy a new home or saving for future education costs, through two new products launched just recently. NSLS Chief Executive Officer (CEO) Mr. John Solok said these two new products are the Housing Saver and Tertiary Education Saver, which are aimed at better assisting members with housing and education needs of their children in the future. The Housing Saver is a special purpose savings account designed to encourage members to save to cater for their minimum bank financing equity requirement or in case where they have land and require finance to build on. The minimum fortnightly contribution is K300 and will have a 5% interest on the savings. There will be no monthly account keeping fees and members will have access to these funds after three years. No withdrawal is allowed for any other purpose three years. For the Tertiary Education Saver, will require a minimum fortnightly contribution of K100 and it has a 5 interest on saving annually with no monthly account keeping fees. No withdrawal is allowed after two years for any other purposes. Mr. Solok also explained that in order to have a Tertiary Education Saver or Housing Saver, members must first open a General Saver Primary Account. Meanwhile, the CEO also thanked the main superfund Nambawan Super Limited for the support given to the society since it was established, for it is such support that brought about such new financial savings products for members to benefit from. "Nambawan Super view our role to ensure as many of their members are accessible to low cost finance, ensure as many of their members are not getting debt trapped with loan sharks and that we are accessible to Nambawan Super members nationwide if they do choose to sign up with us, " said the CEO. The two new products were launched in a small but significant ceremony held on Friday 25th March at the NSLS head office in Port Moresby.

The focus in these tough economic times currently experienced in the country brought about by the recent world events, should be to encourage agriculture and supporting the local fresh produce farmers in the rural areas. That is the word from the Papua New Guinea Institute of National Affairs (PNG INA) Director Mr. Paul Barker when highlighting the importance of trying to mitigate the impact of the high-cost goods on the population. Mr. Barker said people living in the main urban centers that depend on imported store goods are feeling the pinch of this. This includes people in the informal economy, the people in the lower income and middle-income wage range. This current economic situation will be a challenge for many, but Mr. Barker said for those in the farming sectors in the rural areas, they are likely not to be impacted too much by it and they can supply fresh produce, be it garden produce from the land or produce from the sea or rivers, to meet demands. “The good thing in Papua New Guinea is that a large portion of the population actually have gardens and living in rural areas, and they are able to produce food. Many of them are able to produce cash crops and they are able to earn income and get better prices from their coffee, cocoa or oil palm and so on,” said Mr. Barker. Barker said what the state can do is support farmers by getting their produce to the main markets in the urban areas by subsidizing the cost of transportation to make it convenient for the fresh produce to be supplied to the urban markets to compensate for the high cost of imported goods on consumers. However, he added that for this to happen effectively the systems in place to give such assistance should be improved, so that funds allocated for this purpose are put to good use to make it happen. That responsibility is on the national and the provincial authorities responsible to give such assistance.

The effects from the pandemic and the recent War in Ukraine will have a dual effect on the small countries like Papua New Guinea (PNG) that both produce raw materials and import goods as well. That’s according to the Director of the PNG Institute of National Affairs (INA) Paul Barker when commenting on the recent price increase in the country and the impacts of the war and the pandemic on the world market. Barker explained that the impact on the world market comes from the two countries in conflict because both are also major producers and exporters of commodities like minerals, oil and gas, and agricultural commodities. “It has resulted in major increases in commodity prices ranging from oil to gas through to nickel. The price of grain has gone up, so this is having an inflationary price effect on other agricultural crops as well.” Barker said hopeful the conflict is resolved sometime soon because the longer it goes on, there will be longer term impact on the world markets and subsequently affecting smaller states like PNG. However, on the benefit side Mr. Barker said PNG being a producer and exporter of some commodities, will stand to benefit particularly on the spot price and maybe longer-term sales price, where PNG can get a better return on producing and exporting. But, on the other hand PNG is an importer of energy as well said Mr. Barker and it’s particularly fuel for vehicles, machinery, transport and shipping. PNG also is an importer of a range of grains and other food commodities and this will have an effect on living standards and the cost of doing business. “This will have more impact on low income earners who spend more of their income on food and basic components for survival,” said Barker. “That’s the real challenge because many households are struggling already with the existing cost of living without seeing the cost of living rising.” Nevertheless, there are some measures the state could try to apply to mitigate this rise of cost brought about by the events in the world. “The standard measure to try and restrain inflation via the central bank is to increase interest rate, but that’s not necessarily what the government would really want to do, especially because particularly energy is not an underlying inflation cause, it often goes up or down. " “When you are using interest rates, it’s to try and restrain underlying longer term inflation, so dealing with shorter term inflation is a much harder thing,” explained Mr. Barker. Another measure that Barker said the government could take is to improve access for local produce to reach the main domestic markets, to supply and meet the demand in tough economic times. “One could take action to improve competition, improve the markets by making it easier for domestic produce to reach the markets. That certainly is always valuable to try and help the sustainable PNG fresh produce, not just to be able to reach Lae but to actually be able to reach Port Moresby. " Mr. Barker further added that the state could subsidize the cost of shipping to encourage the supply of domestic produce around the country. Barker said at times like these, the government should not only look at short terms measures but to look at the medium and long term measures as well and to use of the country’s own natural resources to try counter the economic impacts brought about by external factors.

The Papua New Guinea Defence Force is gearing up for the 2022 National General Election coming up in a couple of weeks’ time and is putting the final touches to the preparation of the personnel that will be deployed to support police provide security. Defence Minister, Win Bakri Daki, was at the 1st Battalion headquarters at Taurama Barracks in Port Moresby this morning to witness the men and women going through the national election pre- deployment trainings in the different scenarios of what could happen during the polling and counting periods. After witnessing the trainings, a satisfied Minister Daki says the defence force is ready and with the K100million funding given by the National Government, he is positive the defence force will deliver in providing security during the election period. “We got our budget already, and its already in our account. The prime minister gave us a hundred million and the first fifty million is with us and another fifty million will be in one month time,” said the defence minister. “We are training our boys and we are ready to go, as the minister for defence I am ready.” Meanwhile, the National Election Pre- deployment training started off this week and should end next week. The training takes the defence force personnel through the various possible scenarios that may occur during the election period and the proper ways to deal with these situations if they do arise. The training was planned out and overseen by the defence force command with the support of partners like the Australia Defence Force (ADF) and members of the United States military. Over 200 personnel from the First Royal Pacific Islands Regiment (1RPIR) and the Force Support Battalion (FSB) will be deployed the support police in elections operations in the highland’s region and some parts of the coastal areas considered to be hot spots. The defence force will work under the Royal Papua New Guinea Constabulary (RPNGC) during the election as the police will be in charge of the whole election security operations in the country.

Police Minister William Onglo has confirmed that some funding for police for the 2022 National General Election security has been allocated to the Police Department and they stand ready to start the election operations. According to the minister the cost of running the election from their perspective is about K194million and of that amount, the government has transferred K111million already to support police election operations. “These are public funds, and it has to go through proper processes and procurement systems in order to run the elections,” said the police minister. “Since last year our department has been briefed by the Commission, has gone through all the processes to undertake this election and we are ready now, and in the next couple of weeks we should be rolling out all requirements for logistics and support facilities we need for the elections.” Minister Onglo added that the running of elections is always a difficult one, but he is sure that the Royal Papua New Guinea Constabulary (RPNGC) can manage it. “So far, we have done very well in the last election, but this one we want to do it better,” said Minister Onglo. Meanwhile, the minister said the aim of the National Government is to hold a safe, free, and fair 2022 National General Election and for this to happen will need the support of everyone. He said police will be doing its bit like in every election that have come and gone, but the people themselves will ensure all goes well by behaving well during election and not cause trouble for other voters and election officials.

Police investigation into the recent shooting incident in a Port Moresby restaurant involving the Member for Moresby North- West Lohia Boe Samuel that resulted in the death of a man, is almost complete and police should make some arrests soon. That is the word from Police Commissioner David Manning this morning at a press conference at the Police Headquarters in Port Moresby city. Commissioner Manning was briefed regularly on a daily basis as to what the police investigators are doing since the shooting incident was first reported. “We have established that a firearm was involved, we have established that someone was shot and killed as a result of a gunshot wound. We have established that the firearm does belong to a member of parliament and that he was there at that time when the incident occurred along with his associates,” said the police commissioner. Manning said in the course of the investigation, police will be alleging that the member of parliament and his associates were responsible for that unfortunate incident and the investigation process will support that allegation. “From what I have been brief on as of this morning, we have secured sufficient evidence to support that allegation that the member of parliament and his associates stand accused in this matter and I look forward to the completion of that investigation sometime today, and of course the necessary and appropriate action to be taken against those that we have evidence to support that allegation.” Commissioner Manning later added that there is only one law in this country that covers every citizen and that it will apply to anyone regardless of status who breaks the law by committing a crime or crimes, and it’s the duty of police to enforce that law.

Police Commissioner David Manning has re-iterated that the Royal Papua New Guinea Constabulary (RPNGC) is ready to provide security to ensure a safe, free, and fair in the upcoming 2022 National General Elections. Manning re-iterated this in response to an article published in one of the daily newspapers today stating that the police force may not be ready, especially with its stock of firearms and ammunition being down and the procurement taking longer than expected to get in new ammunition stock and the replacement of aging firearms. Manning said the message from his Deputy Police Commissioner Anton Billie, was taken out of context by the media and that the firearms matter is nothing to worry about as there are currently firearms available to use during the election to provide security, especially in the volatile parts of the country as experienced in previous elections. “The guns and ammunition, yes, we have an ongoing program to replace our aging weapons, of course over a period of time our weapons do become unserviceable, and of course the numerous incidences since the last election that has required members to use firearms has depleted our ammunition stock, but that does not mean that we are preparing for war come the elections. “Our intent in precuring firearms and ammunition is to ensure that our people (police officers) are provided the best possible protection, not only for themselves but anyone for that matter that is involved in the election process, including the voters,” said the police commissioner. Manning added that there are always risks during elections time in some parts of the country and there have been incidences where police officers lost their lives; thus, the use of firearms is sometimes necessary. “I need not remind you all that, elections in this country are quite volatile. we’ve suffered casualties, unfortunate loss of lives of members of the force due to direct armed attack by members of the community.” “Elections have its associated risks, high proliferation of high-powered firearms in our communities continue to be a risk that we work toward mitigating.” Manning went on to say the equipment such as personal body protection, uniforms, firearms and ammunition, and logistical support is budgeted for but when the budget is not enough, support comes from partners which he is grateful of, especially at a time like this when the RPNGC is preparing for a major event in the country. Nevertheless, Commissioner Manning is confident that police will provide the best possible security with the resources they have, after all the RPNGC has done so in the past elections along with its partner disciplinary organisations.

The Kairuku-Hiri electorate is one of the seven districts in the country that could be split into two separate districts just before the country goes into the 2022 National General Elections, something the current sitting member is quite looking forward to. The electorate’s incumbent Member of Parliament Peter Isoaimo, said the district itself is huge and often it is difficult for one sitting member to manage. “As your member for Kairuku-Hiri, I can honestly tell you it is one of the difficult electorates. I am caught in between managing two district governments. The Hiri administration and the Kairuku district administration as the political head of the two areas.” “So, obviously you will find that the scarce resources from the DSIP funding, which is one lot of funding that I use for service delivery in the hundred and twelve wards in six local level governments in one district, is quite difficult” Mr Isoaimo added that the DISP funds given by the government of about K10million had to be split so that each area can at least get some service delivered to the people. Nevertheless, where the member cannot assist is compensated for by the support from partners like ExxonMobil for the four villages in the Hiri West and the Kokoda Initiative under AusAID for the Kokoda Local Level Government (LLG). “I thank partners, stakeholder and everyone else who come to our aid to ensure they supplement in service delivery for and on behalf of our people,” he said. But, he said the good thing now to look forward is the possible split of the electorate, which would serve the people better because the two areas can each get the attention and focus they need by their respective parliamentary members. “Kairuku-Hiri is ready for split after of course debate and adoption of the Electoral Boundaries Commission (EBC) report in parliament. It is likely to come in the 22nd March session of parliament," added the member. The member made this statement in his keynote address during the grand opening of a community centre for the Boera village, where he was special guest at the event on Saturday the 12th.

The Mineral Resources Development Company (MRDC) Limited has spent over K17million to landowners of four PNG LNG impacted villages in the Central Province alone in four years for their community projects. Mr. Augustin Mano, the Managing Director of MRDC said this during his key note speech at the opening of a massive community center yesterday at the Boera village built with these funds from the Community Infrastructure Trust Fund (CITF) held by MRDC. Mr. Mano was happy with the way the landowners have used the funds from their royalties from the gas project to build more infrastructure to support the communities like this new Boera Community Centre. “Most of these projects we don’t get external contractors to come, it’s the directors and the communities and we provide employment to everybody to build, so I want to thank all of the directors who have put in their time and effort.” “It’s unique, most of the projects that MRDC manages, you don’t usually have directors living on project sites and doing the project in big part of the community, but for plant site it is the most unique so you can see the changes,” Mr Mano said. Meanwhile, Mr. Mano further stated that close to K5million was spent on Boera alone for the community infrastructure projects in the last four years. The new community centre is the latest of the funds put to good use by the landowners themselves. The new community centre at Boera village was built at a cost of K2.8million.

Fourteen years of waiting has come to an end for the landowner groups of Hides 4 Petroleum Development License (PDL) 7 area in Hela province for their long overdue royalties from the gas resource from their lands that make up the country’s massive Liquefied Natural Gas (LNG) project that has made billions for the country. Mr. Augustin Mano, the Managing Director of the company that looks after the resource project landowner royalties and equities- the Mineral Resource Development Company (MRDC) Limited, told the landowners of the six blocks that they will finally receive their long awaited K19. 6million royalty paid out to them. Mr. Mano explained that this amount is the 40% from the total K49million comprising of K31million royalty in 2021 total paid in since 2014, and the K18.5million equity. Of the royalty given, that 40% is cash benefit for landowners, 30% for Community Infrastructure Trust Fund (CITF) for community projects, 20% to go for investments for future use and 10% to church activities. Mr. Mano further added that these funds belong to the landowners for their resource used and it will continue from this time onwards until whenever the PNG LNG project wraps up operation, and the people must use it to better develop and improve their living standards. Meanwhile, Hela Governor Philip Undialu congratulated his people of Hides 4 for their cooperation in ensuring that this moment eventual takes place by sorting out their issues internally, electing their respective clan chairmen in preparation for the opening of the accounts, which led to the royalty and equities paid out to them. “This time the funds will come down to the hundred and seventy-seven accounts and will then reach each of your clans with your accounts opened,” said the governor. Governor Undialu then urged the clan leaders and the association chairmen to ensure transparency in the disbursing of funds from the funds paid out as it will directly benefit them. Meanwhile, the dummy cheque of the royalty payment was presented to the landowner groups and Gas Resources Hides-4 Limited at the Para Primary School in front of the landowners and delegates, including ExxonMobil PNG that were there to witness this significant event. The release of the royalty payment was significant because Hides 4 is the first upstream PDL to receive its payment. The other PDLs were from the pipeline segments and the plant site landowners. The agreement for the extraction of gas from PDL 7 was signed back in 2009 in Kokopo along with the other agreements for the other gas fields.

Intending candidates wishing to run under a political banner in the upcoming 2022 National General Elections, have been urged to only run under registered political parties and avoid the ones that are not recognised as legitimate ones. The Registrar of Political Parties and Candidates Dr. Alphonse Gelu said this will ensure the intending candidates are not fooled into signing up under unregistered political parties that could cost them during the elections. He said there have been cases of individuals and groups going around the country getting money from intending candidates. Under the Organic Law on the Integrity of Political Parties, there is a section that talks about misrepresentation and when groups claim to be political parties even though they are not yet registered, they are in breach of the provisions in the Organic Law. “You cannot go and misrepresent the public about your status, a number of authorities have come out demanding a free, fair and safe elections and with this kind of illegal activities, it does not contribute to that,” said Dr. Gelu. “The prime minister on numerous occasions has come out calling for our country to conduct a free and fair elections, the PNG Electoral Commission, the Electoral Commissioner, the Police Commissioner, our members of parliament, civil society groups, the media and of course the Registry of Political Parties have called for it as well.” Dr. Gelu said all they want to see is this election to be free, fair, and safe and not to see and observe groups and individuals doing illegal activities. “One of the issues that has also come out is that some of these groups are associations registered under the Investment Promotion Authority (IPA), they are not political parties until and unless they come to us to register themselves as political parties, under the organic law on the Integrity of Political parties and Candidates.” Meanwhile, a total of 43 political parties have registered and all set for the elections, while 11 have been de-registered just a couple of months before the start of the 2022 National Elections. According to Dr. Gelu, these political parties were de-registered on the 28th of January 2022 for non-compliance with the Organic Law on the Integrity of Political Parties and Candidates, and the decision was made by the Commission. “Those 11 political parties have been de-registered, but as required by the Organic Law these parties are given the opportunity to appeal and I believe a number of them have presented their appeal and the Commission will be looking at their appeal to see if their appeal is based on genuine reasons, then we will reinstate them.” In addition to this, Dr. Gelu said 6 associations have submitted their applications to them to register as political parties. “So apart from all this; the 43 political parties, the 11 that have been de-registered and the 6 that are still associations, other groups that are claiming to be a political party and a soliciting funds from intending candidates and also from the public are not political parties and they can be reported to this office, and those individuals who are responsible can be arrested for committing a criminal offence,” said Dr. Gelu.