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2013Budget: Nigerians Hail High Education Vote

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Stakeholders in the education sector yesterday lauded President Goodluck Jonathan for giving the sector the highest budgetary allocation in the 2013 Appropriation Bill presented on Wednesday.

Jonathan had proposed a N4.9 trillion budget to the joint session of the National Assembly for approval.

The proposal allotted N426.5 billion to education while defence came second with N348.9 billion and the police had the third highest share of N319 billion.

A former Minister of Education, Mrs Chinwe Obaji, told newsmen that the move was “a right step in the right direction’’.

She, however, called for effective measures in monitoring the use of the funds.

Also speaking, Prof. Ukachukwu Awuzie, immediate past President, Academic Staff Union of Universities (ASUU), expressed the hope that the education vote, if approved, would turn around the fortunes of the sector.

“However, we would need time to look at how the budget to the sector got to be one of the highest beneficiary, where it should be channelled, the implementation, how it should be managed and what it portends to the sector.

“It is only when we study all these details that we would be able to get a better view of how this would transform the system for the advancement of the country’s economy,” he said.

Dr Olubunmi Ajibade, a Senior Lecturer, Department of Mass Communication, University of Lagos, said the budget, if approved, would be one of the best things that had happened to the sector in recent times.

“We have been advocating crucial funding of the sector because that is the only way to restore its glory.

“There is no way we can talk about national development without sound education.

Director, Centre for Environment and Science Education, at the university, Mr Ademola Onifade,  told newsmen that the “jumbo allocation’’ would improve the standard of education in the country.

For Head of Department, Mass Communication Department, Lagos State Polytechnic, Ikorodu, Mr Ifedayo Daramola,  the allocation to the education sector was a demonstration of the interest the president had in developing the country’s education.

“Definitely, it will bring a lot of improvement to the sector. This shows that our president knows the importance of education’’.

In his contribution, Prof. Ayo Fadahunsi, Dean, Faculty of Arts, Olabisi Onabanjo University, Ago-Iwoye, Ogun, said the allocation would enable the government to build more hostels and lecture halls in the nation’s tertiary institutions.

A member of the Lagos State House of Assembly, Mrs Adebimpe Akinsola, also lauded Jonathan for the initiative, saying the funds would help to improve infrastructure in the institutions.

Similarly, some financial experts yesterday said that the 2013 budget would impact positively on the financial sector if well implemented.

They told newsmen in separate interviews in Lagos that proper execution of the 2013 budget would impact on all aspects of the national economy.

Managing Director of Boaz Management and Financial Strategies, Mr Oluwole Ibikunle, said that the capital and recurrent expenditure estimates in the 2013 budget proposal were better than those of 2012.

“ If the N1.54 trillion allocated for capital projects can be judiciously used, more industries will be established and hence, more job opportunities for our youths,“ he said.

Ibikunle said that although the 75 dollars per barrel crude oil price benchmark was commendable, government should be careful of the sudden changes in international oil price.

General Manager, Capital Trust Broker Ltd., Mr Abiodun Omojokun,, said that the 2013 budget should focus on improving the Human Development Index.

General Manager, Apt Securities and Funds Ltd., Mr Peter Kanayo,  said that there was the need for the private-public sector collaboration to make a success of the 2013 fiscal proposal.

Kanayo also said that full implementation of the proposed budget estimate would restore confidence of foreign investors in the economy.

He commended the Federal Government for planning to invest more in the educational sector than before.

“The ailing educational system has made so many Nigerians to take their children aboard to study to the detriment of our own educational development, “ he said.

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Ibas Inaugurates RSIEC, Service Commissions, Healthcare Board In Rivers  …Charges Appointees To Embrace Principles Of Service 

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The Administrator of Rivers State, Vice Admiral (Rtd) Ibok-Ete Ibas, has charged newly appointed Board members to uphold the highest standards of discipline, competence, integrity, and unwavering dedication in their service to the State.

 

He emphasized that such commitment is critical to stabilizing governance, restoring democratic institutions, and advancing the principles of good governance in the State.

 

 

 

This was contained in a statement by the Administrator’s Senior Special Adviser on Media, Hector Igbikiowubo on Monday.

 

 

 

Ibas issued the charge on Monday while inaugurating the reconstituted Rivers State Independent Electoral Commission (RSIEC), Rivers State Civil Service Commission, Rivers State Local Government Service Commission, and the Rivers State Primary Health Care Management Board at Government House, Port Harcourt.

 

 

 

The Administrator urged the new appointees to embrace their roles with diligence, patriotism, and a commitment to transforming Rivers State through excellent service.

 

 

 

Addressing the Chairman and members of RSIEC, Ibas underscored their pivotal role in ensuring credible local government elections that reflect the will of the people.

 

 

 

“Your task is clear but demanding: to conduct free, fair, transparent, and credible elections at the grassroots level. You must resist bias, favoritism, and external interference while restoring public confidence in the electoral process,” he stated.

 

 

 

“The independence of your actions is crucial to sustaining peace, stability, and grassroots governance. I urge you to act with fairness, impartiality, and professionalism—even in the face of difficult choices,” Ibas added.

 

 

 

The Sole Administrator also charged the Rivers State Civil Service Commission on the need to eliminate mediocrity and foster a culture of excellence through merit-based recruitment, training, and promotions.

 

 

 

“The civil service must transition from favoritism to competence, integrity, and accountability. Your commission will lead reforms, including digital transformation and standardized practices across ministries, departments, and agencies,” he said.

 

 

 

He disclosed that extensive training programmes are underway, with a committee set up to overhaul the public service framework for greater efficiency.

 

 

 

Meanwhile, Ibas urged the Rivers State Local Government Service Commission to ensure professionalism and discipline in local government administration.

 

 

 

“As the closest tier of government to the people, you must drive reforms that insulate the system from politics and mediocrity. Your mandate includes merit-based recruitment, training, and enforcing standards for effective service delivery,” he stated.

 

 

 

In the same vein, the Administrator charged the Rivers State Primary Health Care Management Board with revitalizing healthcare delivery across the state’s 23 local government areas.

 

 

 

“Primary healthcare is the foundation of a sustainable health system. Your board must ensure facilities are adequately staffed, equipped, and operational focusing on maternal health, immunization, malaria control, and community health services,” he said.

 

 

 

He emphasized data-driven operations, incentives for rural health workers, and restoring the referral system to improve healthcare access.

 

 

 

He also assured the Board of sustained government support, including funding, for the effective discharge of their mandates but warned that board members would be held accountable for their performance.

 

 

 

The newly inaugurated members include: RSIEC: Dr. Michael Ekpai Odey (Chairman) with Prof. Arthur Nwafor, Prof. Joyce Akaninwor, and others as members.

 

 

 

Civil Service Commission: Dr. Livinus Bariki (Chairman), Amb. Lot Egopija, Mrs. Maeve Bestman, and others.

 

 

 

Local Govt. Service Commission: Mr. Isreal Amadi (Chairman), Rear Adm. Emmanuel Ofik (Rtd), Dr. Tonye Pepple, and others.

 

 

 

Primary Health Care Board: Dr. Dawari George (Chairman), Dr. Chituru Adiele (Executive Director), Prof. Kaladada Korubo, and representatives from key ministries.

 

 

 

 

 

 

 

 

 

 

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Rivers PDP Debunks Sale Of LGA Election Forms

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The Publicity Secretary of the Peoples Democratic Party (PDP) in Rivers State, Dr. Kenneth Yowika, has debunked claims that the party has commenced sale of forms for chairmanship and councillorship elections across the 23 local government areas of the state.

 

Yowika made the rebuttal in a statement made available to newsmen on Wednesday, describing the publication on the social media as baseless and untrue.

 

He urged members of the PDP to disregard the claim, saying that official communication regarding the sale of forms would be disclosed through the appropriate channels.

 

“With reference to information trending on social media, it has been falsely claimed that the sale of forms for Chairmanship and Councillorship elections in the 23 Local Government Areas (LGAs) of Rivers State will begin soon.

 

“However, the party has firmly denied these rumours, stating that they are baseless and untrue.

 

“The party has its own established methods of reaching out to its numerous supporters.

 

“The People’s Democratic Party, a law-abiding organisation, will patiently await the release of guidelines from the recently inaugurated Rivers State Independent Electoral Commission (RSIEC) before considering any sale of election forms.

 

“The PDP is urging its members to remain calm as official communication regarding the sale of forms will be disclosed through appropriate channels,” the statement read.

 

Enoch Epelle

 

 

 

 

 

 

 

 

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South-South contributes N34trn to Nigeria’s economy in 2024 – Institute

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Prof. Pius Olanrewaju, President of the Chartered Institute of Bankers of Nigeria (CIBN), has stated that the South-South region contributes N34 trillion to country’s economy in 2024.

He made the remark at the South-South Zonal Banking and Finance Conference in Calabar, yesterday.

He spoke on the theme, ‘’Building An Inclusive South-South: Economic Diversification as a Catalyst For Development.’’

Olanrewaju, who quoted the data from the Cable Data Index, said the feat was more than 21 per cent of Nigeria’s real Gross Domestic Product (GDP).

The president described the growth as ‘’ impressive,’’ saying that it was not driven by oil alone but significant expansions in trade, services, and the creative industries.

According to him, to fully harness this potential, coordinated financial, technological, and policy support is essential.

“As we work to reposition the South-South for broad-based prosperity, the financial system must play a central role, not merely as a source of capital, but as a catalyst for innovation, ideas incubation, and inclusive economic growth.

“This conference, therefore, provides a strategic opportunity for stakeholders to reimagine the South-South economy, not merely as a resource belt, but as a region of diverse capabilities and resilient enterprises.”

Olanrewaju added that Nigeria must move beyond old models and chart a new course for the development of the South-South region, where financial institutions and stakeholder collaborate to diversify the economy for shared prosperity.

He,  however, commended Gov. Bassey Otu for his pledge of land for CIBN Secretariat in Cross River and being the first sitting governor to willingly undergo and complete the Chartered Bankers Programme.

On his part, Gov. Otu said that the conference discussion on the economic diversification in South-South region was timely against the backdrop of global trade and economic volatility that was affecting the nation’s economy.

Represented by his deputy, Mr Peter Odey, Otu said the South-South region must now act with urgency to diversify its economy while leveraging its shared natural endowment in agriculture and extractive resources.

“This conference must help develop tailored financial solutions that reflect the unique strengths and realities of states like Cross River in the south-south.

“Diversification should be evidence-based and must be backed not just by financial advice but project focused financing and real investment support,” he noted.

He said that Cross River had taken the bold step to invest in its agricultural sector by launching an Agro processing hub.

Otu further said that the state had invested in aviation by acquiring more aircrafts for Cally Air, construction of the Bakassi Deep Seaport and injecting N18 billion in its tourism sector.

Similarly, Mr Tolefe Jibunoh, Cross River Branch Controller of the Central Bank of Nigeria (CBN) said that the region was blessed with natural resources, cultural diversities and immense human potentials.

Jibunoh, who was represented by Mr Segun Shittu, Head, Currency Control Office, CBN, Calabar, noted that strategic diversification could unlock unprecedented opportunities for growth in the region.

He added that the CBN remained steadfast to maintain monetary possibilities and promote a sound financial system as a catalyst for sustainable economic development for the benefit of all.

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