Connect with us

News

RSG Proposes N490.32bn For 2013 …Unveils Law On Mushroom Schools

Published

on

A budget of N490.32billion has been proposed by the Rivers State Government for 2013.

Speaking at the budget presentation at the Rivers State House of Assembly, Port Harcourt, Monday, Governor Chibuike Amaechi said that the proposed budget was to consolidate the achievements of his administration in various sectors of the economy and set the state on an economic rebirth.

From the figures, the 2013 budget is N52.32 billion higher than the 2012 budget of N438billion.

The budget according to the governor is to be largely financed through Federal Statutory Allocations estimated to the tune of N245billion, Internal Generated Revenue (IGR), deductions from social levy to the sum of N80billion, last year balance of N48.32billion and proceeds of N100billion bond and credit of 17billion.

Though the governor frowned at the swelling recurrent expenditure of 176.02billion, capital expenditure still gulped the largest part of the budget with N314billion, slightly less than that of 2012 of N323.70billion.

Amaechi explained reasons for the swelling recurrent expenditure, “We had made provisions under the recurrent expenditure window for new recruitments including the hiring of additional 13,000 teachers to strengthen our education sub -sector.”

A further breakdown of the budget shows the economic sector having the largest chunk of 93billion, followed by the social sector with N64.50 billion. The educational sector trailed with 47.81billion, environment N37.60 billion, health got N10.23billion.

Sub-sectoral allocations put Energy and Natural Resources at the lowest with N160million, Commerce and Industry N400million, Women Affairs with N600million, while Social Welfare and Rehabilitation had N500million.

Water sector got N25.5billion which according to Amaechi is aimed at providing the needed infrastructure for sustainable delivery of water in Port Harcourt metropolis. Agriculture also got improved allocation of N4.03 billion, Culture and Tourism got N1.12billion and Housing N3billion.

The Rivers State Chief Executive assured that this administration would pursue good governance building and re-engineering the civil service through ICT compliance adding, “our agenda on openness, accountability and transparency will continue to be executed in 2013”.

Later, Speaker of the House, Rt. Hon Otelemaba Amachree commended the state government for the vision of moving the state forward, especially by putting emphasis on capital project.

Rt Hon Amachree observed, “we are indeed delighted to be partners in this success story”.

He assured the governor that the budget would be given a speedy in-depth consideration, noting that by next year its oversight functions would be beefed up.

Meanwhile, Governor Chibuike Amaechi has signed into law three bills namely, the State Education Quality Assurance, the Transportation and Disability law bills.

The Leader of the State House of Assembly, Hon. Chidi Lloyd told newsmen after the signing of three bills into law on Monday that the laws are geared at fast-tracking the development of the state.

He explained that the Quality Assurance law will help set standards for intending proprietors of schools in the state, “we can no longer have a situation where those who are not professionals just wake up and establish schools. With the new law, it is an offence for anyone to set up a school without following due process”, he stressed.

On the amended Transportation Law, the Assembly Leader stated that the new law will regulate activities of TIMARIV officials and curtail members of the public from assaulting the traffic officials.

The new law which is an amendment to an already subsisting transport law according to Hon. Lloyd has become pertinent due to numerous harassments faced by both the public and TIMARIV traffic marshals.

“We have made the culpability to be either way,” Lloyd said, “If we find out that a TIMARIV official assaults any member of the public unjustly, the person will go to jail for three months provided that it is proven that the official was reckless in the discharge of his duties”.

For the Handicap Law, the Assembly leader said the law was passed to protect the rights of persons with disabilities, noting that a society that does not care for those with special needs is handicapped.

The law provides for the provision of facilities in public places for persons with disabilities, especially in car parks and other public places.

Earlier, Governor Amaechi commended the Assembly for passing the laws stating both arms of government are partners in the state development, and assured that his administration will continue to be transparent in its dealings.

Continue Reading

News

FG Targets Production Of Locally Made Vehicles By Dec

Published

on

The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, has affirmed that Nigeria now has the capacity and materials to manufacture Made-In-Nigeria cars for local use and export.
With the enabling environment being provided by the government, she said manufacturers should be held responsible if the cars are not rolling out by December 2024.
Currently, Nigeria produces less than 10 per cent of the vehicles used in the country.
Last year, Nigeria’s vehicle assembling industry, estimated to be worth around N302billion, tanked to a new low due to increasing production costs and weakened demand for locally assembled automobiles.
According to the Manufacturers CEOs Confidence Index, activities of motor vehicles and miscellaneous assembly deteriorated further below the benchmark (50 points) from 48.6 to 46.7 points.
But speaking at the Automotive Component Manufacturers meeting in Abuja, she noted that the automobile industry is faced with both challenges and opportunities.
A statement issued last Friday by the Director of Information and Public Relations, Adebayo Thomas, said, “In a significant move aimed at fostering sustainable growth and development in Nigeria’s automobile industry, the Federal Government has issued a clarion call to all stakeholders, including manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem.
“The call comes as part of a broader strategy to enhance the sector’s contribution to the nation’s economy.”
Encouraging the stakeholders to key into the Nigerian Automotive Development Policy, the Minister said, “As far as we are concerned, the auto industry is now set to go.
“We are counting on all stakeholders to make that happen. If we do not produce made-in-Nigeria cars before the end of this year (December), it will be your fault, because I am sitting down here giving you all the assurances that this administration has created the enabling environment to make sure that the auto policy kicks off.”
Anite emphasised the need for collaboration among manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem, saying by working together, they can address challenges, streamline processes, and drive innovation.
She also urged stakeholders to maintain high-quality standards across the board, including vehicle manufacturing, safety features, emissions control, and after-sales services.
Stringent adherence to quality, she said, will boost consumer confidence and attract investment.
The minister assured all that the government would continue to encourage increased investment in research and development, adding that, innovations in electric vehicles, fuel efficiency, and alternative energy sources are critical for long-term sustainability.
On local content, she also emphasised the importance of promoting local content by sourcing materials and components locally.
By doing this, she said, the sector can create jobs, reduce import dependency, and contribute to economic diversification
In his introductory comments, the ministry’s Permanent Secretary, Nura Rimi, emphasised the significance of team action and shared vision as outlined in the Nigerian Automotive Development Policy.
He also urged stakeholders that the country “will overcome obstacles and unleash the full potential of Nigeria’s automotive component sector.”
He encouraged NADDC and other stakeholders to use the chance to form alliances, explore new areas of collaboration, and devise ways to catapult the automotive components manufacturing industry to new heights of success.
The statement added, “The government’s charge underscores the pivotal role stakeholders play in shaping its trajectory. Their commitment to sustainable practices will drive Nigeria’s automotive sector towards a brighter and more prosperous future.
“Environmental Responsibility: Stakeholders are reminded of their environmental responsibilities. Sustainable practices, recycling, and eco-friendly manufacturing processes are essential for a greener future.”

Continue Reading

News

Waive Tax On Electronic Imports, Women Engineers Appeal To Tinubu

Published

on

The Association of Professional Women Engineers of Nigeria (APWEN), Lagos Chapter, has called on President Bola Tinubu to exempt the importation of electronic components from taxation for inventive engineers.
Chairman of APWEN, Ms Atinuke Owolabi, said this a in statement yesterday in Lagos, in commenration of the 2024 World Creativity and Innovation Day, with the theme: “Step Out and Innovate”.
The Tide source reports that World Creativity and Innovation Day is a global UN Day, celebrated on April 21, to raise awareness about the importance of creativity and innovation in problem solving.
This is with respect to advancing the United Nations’ sustainable development goals, also known as the global goal.
Owolabi explained that such a measure would significantly enhance technological progress, support local innovators, and elevate Nigeria as a leading hub for innovation globally.
She stated that in a world marked by dynamic challenges and unprecedented opportunities, creativity and innovation stand as the driving forces behind progress and transformation.
According to her, women engineers recognise the critical role that innovation plays in shaping our societies and driving sustainable development.
”On this occasion, we affirm our commitment to fostering a culture of creativity and innovation within our organisation and the broader engineering community.
”Together, let us step out, innovate, and inspire the next generation of women engineers to reach even greater heights of achievement and impact.
”We believe that by stepping out of our comfort zones and embracing new ideas, technologies, and approaches, we can unlock innovative solutions to the complex challenges facing our world today,” she said.
According to her, the theme: ‘step out and innovate’, serves as a call to action for women engineers everywhere to break barriers, challenge conventions.
She noted that it would also pioneer groundbreaking solutions that would propel them toward a brighter and more sustainable future.
Owolabi disclosed that in celebration of the World Creativity Day, APWEN Lagos had inaugurated an artificial intelligence club tailored for female engineering students and young engineers.
She said that the proactive initiative aimed to inspire and equip young engineers with cutting-edge technological insights.
Th chairman said, “Additionally, we already have a 200-capacity hall to set up a resource, technology, and innovation hub to empower women and girls in engineering.
”This endeavour serves as a catalyst for encouraging aspiring female engineers to embrace innovation and stay abreast of emerging trends in the field.
”APWEN Lagos stands united in its dedication to promoting diversity, inclusivity, and excellence in engineering.
“We encourage all female engineers to seize this opportunity to unleash their creativity, explore new frontiers, and make an indelible mark on the world.”

Continue Reading

News

Pan-Igbo Group Hails Dangote Group For Reducing Diesel Price

Published

on

A pan-Igbo group, Ndigbo Unity Forum (NUF), has commended the Chairman of the Dangote Group, Alhaji Aliko Dangote, and his management for reducing the price of diesel from N1,600 to N,1000 per litre.
The Tide’s source reports that diesel is the major fuel used by heavy duty vehicles and generating sets to transport goods as well as run industries across the country.
The President of NUF, Mr Augustine Chukwudum, told The Tide’s source in Enugu, yesterday, that Dangote’s timely response to suffering masses of Nigerians, going through hell to get a meal a day, “is highly commendable”.
According to Chukwudum, Nigerians need to appreciate the patriotism of Dangote since what he has done will go a long way in reducing prices of goods, especially food stuff which has gone out of the reach of the poor.
He called on Nigerians, who wish and pray always for the betterment of the country, to appreciate and thank God for answering their prayer through Dangote’s move.
“It is clear that if Dangote Refinery starts fully and gets all the crude oil needed from Nigeria, the prices of petrol, kerosene and diesel will further reduce.
“We commend President Bola Tinubu for being a listening President and supporting the Dangote Group on our crude oil needs.
“We appeal to Tinubu to encourage Dangote by providing the company with crude oil at a reduced rate as we have been demanding,” he said.
Chukwudum said that this move and subsequent further reduction, would bring industries in comatose back to life, jobs created for unemployed youths and reduction in crime as well.
“We call on governors of oil-producing Anambra, Imo and Abia States to bring investors, who shall build refineries in each of the states to refine thousands of barrels of crude in commercial quantities,” he said.

Continue Reading

Trending