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Oil Subsidy: Senate Approves N161.6bn Request

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The Senate yesterday, passed the
supplementary appropriation bill of N161.6 billion, as payment for fuel subsidy
to oil marketers for 2012.

President Goodluck Jonathan had on Tuesday
sent a request to the National Assembly to approve the sum of N161.6 billion to
ensure steady supply of petroleum products during the festive season.

Senate President, Senator David Mark,
however, decried the high level of corruption being perpetrated under the fuel
subsidy scheme.

He urged the Federal Government to stop the
fuel subsidy if it was unable to stop the high level of corruption being
perpetrated under the scheme.

“It is not a secret anymore that there is so
much corruption in the fuel subsidy industry in whatever system they are
adopting. “The nation must make a decision now, whether to continue this or to
stop it. “The nation must make that decision sooner than later because we
cannot carry on this way. “If they can’t eliminate and stop the corruption in
the system, then, the other alternative will be to stop the whole exercise of
the fuel subsidy. “We must take the one that is easier and the one that will
bring less pain to Nigerians,” he said.

Mark commended the lawmakers for supporting
the quick passage of the supplementary appropriation, in the interest of the
masses.

He said the proposal should have been
forwarded in good time to alleviate the suffering of Nigerians.

“They should have anticipated that there was
going to be a shortfall when they first made this presentation at the beginning
of the year.

“That did not happen. We are now shouldered
with the responsibility of this additional approval.

“We have done so in the best interest of this
country,” Mark added.

The approval followed a motion by the Senate
Deputy Leader, Senator Abdul Ningi that the supplementary budget be given
accelerated passage “in view of the emergency nature of the bill”.

All the Senators expressed support for the
passage of the bill saying that it would alleviate the suffering of Nigerians,
ensure peace and stability of the nation.

Senator Smart Adeyemi faulted the national
economic team for the delay in the presentation of its request for additional
funds.

He, however, said: “As representatives of the
people, we have to support this request because it would improve the wellbeing
of the masses.”

In his contribution, Senator Ayogu Eze
(PDP-Enugu), hailed the Federal Government for acknowledging that there was
large scale corruption in the subsidy scheme.

He urged Nigerians to support the
government’s effort to address the graft in the oil subsidy regime, adding,
“It’s a challenge for Nigerians to decide whether to allow few individuals to
continue to feed fat on our commonwealth or to stop this process that
encourages corruption.”

Senator Ahmed Lawan (ANPP- Yobe), urged the
Senate to henceforth scrutinise government expenditure before the considering
requests for supplementary appropriation.

“We need to be very thorough and insist on
getting relevant information in good time before we do supplementary budgets.
“They talk about forensic audit but we have not seen the report. There is no
evidence to show that we require N161.6 billion. “I support the passage of this
bill for the sake of my people,” he said.

Senator Gbenga Ashafa (ACN- Lagos), appealed
to the Senate Committee on Petroleum (Downstream), to conclude investigation
into the management of the fuel subsidy.

“While I support this passage, I want this
Senate to ensure that investigation into the fuel subsidy is completed because
Nigerians need to know,” Ashafa stressed.

Senator Nkechi Nwaogu (PDP-Abia), blamed the
opposition political parties for protesting against government’s move to
totally remove the oil subsidy.

According to her, the corruption being
witnessed in the subsidy would have been nipped in the bud if the people have
supported the attempt to scrap the subsidy.

“It’s not the fault of the President, or is
it the fault of PDP but it’s the fault of the opposition parties which would
not allow the total removal of fuel subsidy.”

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We’ll Drive Tinubu’s Vision in Rivers With Vigour – Fubara  …Inaugurates Dualized Ahoada/Omoku Road ….Debunks Rift With RSHA

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Rivers State Governor, Sir Siminalayi Fubara, has stated that he will lead Rivers people to galvanize support for President Bola Tinubu to drive the vision and objectives of the Renewed Hope Agenda in the State with vigour.

The governor, who joined the ruling All Progressives Congress (APC), on Tuesday, explained that his decision to join the APC was not for personal interest but for the overall benefit of Rivers State.

Fubara disclosed these while inaugurating the extension of the dualized Ahoada/ Omoku Express road in Ahoada East and Ogba Egbema Ndoni Local Government Areas of Rivers State.

He commended the contracting firm, Julius Berger, for timely delivery of the project, saying the project is a campaign promise fulfilled which will bring economic benefits to the people and tackle issues of insecurity associated with the route.

He said his administration has remained focused in delivering democratic dividends in the state despite facing glaring challenges.

The governor thanked the people of Ahoada East and Ogba Egbema Ndoni Local Government Areas for their continuous support, and urged his supporters to remain steadfast and also support President Tinubu who he said, has demonstrated love to Rivers State as a father.

Fubara denied having rift with the Rivers State House of Assembly, stating that his meeting with the lawmakers was stalled as a result of delay in the agreed meeting to be convened by former Governor Nyesom Wike and other stakeholders for him to meet with the state lawmakers.

“I have made every effort to meet with the Assembly members, but it is not within my leadership to initiate the meeting process.

“The arrangement was for my leader, Wike, and the elders led by Anabraba to call for a meeting with the the lawmakers.

“I’m a gentleman and principled. I can’t go behind to call them when we’ve already agreed. Whoever that tell them that I don’t want to meet with them, or I rejected proposal meant for them isn’t saying the truth,” Fubara said.

The Permanent Secretary of the Rivers State Ministry Works, Mr  Austin Ezekiel-Hart, who gave the project description, said the delivery of the project was a fulfillment of long time dream by the people of Ahoada East and Ogba Egbema Ndoni Local Government Areas.

He said the road was previously a single lane and has now been dualised to 14.6 meters wide, complete with solar-powered streetlights with drainages.

He said the road significantly would reduce travel time between Ahoada and Omoku while improving economic activity in the region.

In his welcome address, Chairman of Ogba-Egbema-Ndoni Local Government Area, Hon. Chuku Shedrack Ogbogu, described the road as a symbol of unity, oneness, and development, thanking the governor for fulfilling his campaign promises.

On his part, the Managing Director of Julius Berger, Engr. Peer Lusbash, said the project was awarded to his company in 2023 with a completion period of 18 months which was achieved in best quality.

He added that Julius Berger enjoyed a good support from the Fubara administration, and assured to complete all ongoing projects being handled by Julius Berger on specification, especially the Ring Road project which is a legacy project.

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Fubara Expresses Commitment To Healthcare …As UNICEF Lauds RSG On Health Programmes

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Rivers State, Sir Siminialayi Fubara, has reaffirmed his commitment to ensuring good healthcare for the people of Rivers State.

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?Governor Fubara stated  this when he played host to the Country Director of UNICEF, Wafaa Saeed Abdelatef and her management team in Port Harcourt, last Tuesday.

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?The governor who was represented by the Secretary to the State Government, Dr. Benibo Anabraba, said he would continue to provide the necessary facilities in order to ensure accessible and good health care for all Rivers people.

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?”We are constructing new zonal hospitals across the State. The Ahoada Zonal hospital will be commissioned in December and others are near completion.

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?”We are grateful to UNICEF for all they have done and believe we can always work together to care for the vulnerable in the society. We appreciate your physical presence, and believe that your staff working remotely, can also do more virtually. We have a capable Commissioner of Health, Dr. Adaeze Oreh, to help foster our relationship, communication and greater collaboration,” he said.

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?The Country Director for UNICEF Nigeria, Ms. Wafaa Saeed Abdelatef, assured Governor Fubara of UNICEF’s support to the programmes of the State Government. She appealed that health facilities such as the Oxygen Plant at Eleme Local Government Ares and the New Born Care Units be solarized.

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?”Be assured that UNICEF will continue to work and support the programmes here in Rivers State. We have seen the Oxygen  Plant at Eleme LGA which has been effective because of the Public Private Partnership. We appeal that the plant be solarized.

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?”I commend your leadership of the State and  assure that we are here to support your effort and assure you that you can count on our support and partnership. Rivers State is one of the states we can showcase how things are working so others can learn,” she added.

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Dangote Unveils N100bn Education Fund For Nigerian Students

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Chairman of the Dangote Group, Alhaji Aliko Dangote, has announced a N100 billion annual education support programme aimed at keeping financially vulnerable Nigerian students in school.

Speaking at the launch of the national scholarship scheme in Lagos, yesterday, Dangote said too many brilliant young people were being forced out of classrooms because of poverty.

He described education as the “strongest engine of social mobility” and a critical foundation for national development.

The initiative, funded by the Aliko Dangote Foundation, will run for ten years beginning in 2026, costing over N1 trillion in total.

Dangote said the scheme would support 45,000 scholars each year at inception, expanding to 155,000 beneficiaries annually by its fourth year, and maintaining that level for the rest of the decade.

By 2036, he said, the programme is expected to have reached at least 1,325,000 students.

“We cannot allow financial hardship to silence the dreams of our young people, not when the future of our nation depends on their skills, resilience and leadership,” he added.

A major component of the fund is the Aliko Dangote STEM Scholars programme, which will provide annual scholarships for 30,000 undergraduate students pursuing science, technology, engineering and mathematics in public universities and polytechnics.

Each beneficiary will receive tuition support aligned with the fees of their institution and course of study. Dangote said the goal is to expand access to higher education, empower innovation, and give young Nigerians the tools to compete globally.

“STEM drives development. If Nigeria must compete globally, our young minds must have the tools to learn, imagine and innovate,” he said.

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