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Budgetary Allocations Favour Education – Minister

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The Minister of Education, Prof. Ruqayyatu Rufa’i, on Monday said that the ministry had recorded progressive increase in budgetary allocations from 2010 to 2012.

Rufa’i said this at a meeting with Task Teams for the 2013 Mid-Term Review of the four-year strategic plan for the development of the education sector in Abuja.

She said: “Funding and partnerships are key factors to attaining our objectives and global developments, pointing out that “Over the past years, the budget for the Education sector has increased from N234.8 billion in 2010 to N426.5 billion in 2012.

“There has also been progressive increase in allocation to all sectors and institutions,” Rafai said.

On the Basic Education level, the minister said intervention funds for each state is expected to be N1 billion for 2013.

According to her, “This is with states providing similar figure; there will be more resources for further development and rehabilitation of infrastructure across the sector.

“In addition to their normal budgetary provisions, our tertiary institutions are benefiting from increased allocation from the Tertiary Education Trust Fund (TETFund),’’ she said.

The minister said that allocation to universities had also increased from N303.14 million in 2010 to N595 million in 2012.

She further said that allocation to the Polytechnics had increased from N216.56 million to N337 million and that of colleges of education had increased from N157.17 million to N319 million.

“For us in the education sector, we continue to work with diverse organisations that are key to supporting us in our quest for transforming the sector.

Rufa’i noted that International Development Partners, Non-Governmental Organisations and the private sector had continued to support the sector actively.

She said the Global Partnership for Education was finalising the process of supporting five Nigerian states toward improving access to education valued at about N16 billion in the first phase.

Minister said that the UK Department For International Development (DFID), was supporting teacher Development efforts through a new Programme on Teacher Professional Development.

The minister said that DFID portfolio of support had increased from N16 billion since 2011 to N61 billion currently.

She said the US Agency for International Development (USAID), was actively in support of the efforts in enhancing access and quality through a number of programmes worth over N16 billion.

Rufa’i said other partners are World Bank, UNICEF and UNESCO, while the Japanese and Korea International Development Agencies are also supporting across the states.

According to her, “we are also committed to the African Centres of Excellence Programme and have made an initial seed grant of $15 million.

“This is a programme that will build on the successes of the recent $180 million STEP-B Project which has enhanced the infrastructure facilities in Science and Technology in federal Post-Basic institutions.

“As a result of the project, Centres of Excellence in 11 subject areas are currently in progress, promoting collaboration among our institutions both internally and externally,’’ she said.

She said that President Goodluck Jonathan was also supporting the education sector in the drive for further partnership to improve the sector.

“As a result of this, a number of organisations and countries are putting together support framework for Nigerian states with the greatest challenge of out-of-school children,’’ she said.

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Traders Protest FG’s Move To Restore Festac Town

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The move by the Federal Government to restore Festac Town in Lagos to its original status has sparked up protest among traders occupying Agboju Amuwo Planks and Building Materials Market.
The traders on Wednesday, protested at the FHA office in Festac Town against the demolition of their market, following the demolition of illegal structures by the Federal Housing Authority (FHA) ahead of the restoration. 
The Tide recalls that there was a petition to the Minister of Works and Housing, Mr Babatunde Fashola, in 2020 about illegal structures that had taken over Festac Town.
Speaking at a stakeholders’ meeting on the restoration of Festac town organised by FHA, last year, its South-West Zonal Manager, Mr Akintola Olagbemiro, said, “This year, we commenced the restoration of Festac town, following the consent judgement from the court against illegal occupants of Festac land.
“Our action is to save the residents from the insecurity that has taken over the entire Festac town as a result of illegal structures everywhere”.
The chairman of allottees of First Gate to Third Gate, Mr Kole Olatunji, in his remarks at the meeting said the land from First Gate to Third Gate was allocated between 1985 and 1999, noting that with the consent judgment, original owners of the land as allocated should take over their plots.
But the chairman of plank market, Muhammed Bello, protested the seven-day notice given to traders to vacate the place without alternative arrangements.  
Bello said: “How do they expect us to remove our wares in seven days?
“What we want is that they should allow us to remain there and we will pay whatever amount they ask us to pay”.
Speaking in the same vein, the chairman of Cane Chair and Furniture Association, Emmanuel Okoye said: “We need freedom. Let them tell us where they want us to stay. That place was swampy. We filled the place with several millions of Naira which we got as loans.
“We also rely on loans to do our business. Whatever the government wants us to pay; we are ready to pay to remain there. We have been there for 27 years. What we lost to the demolition is over N300 million”.

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Fuel Tanker Explosion Kills Five, Injures Two In Ogun

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No fewer than five persons were on Wednesday burnt to death, while two others sustained first degree of injury in a fuel tanker explosion at Ajilete, along Owode-Idiroko road, in Yewa South local government area of Ogun State.
Eyewitness accounts revealed that a truck bearing 33,000 litres of petroleum product was descending the steep portion of the road when its tank suddenly detached from truck’s body and tumbled to the ground with a bang.
The explosion, the witnesses said, killed five persons on the spot, while two other persons were injured.
The Tide learnt that the seven victims were all residents of the area where the accident occurred.
Confirming the incident, the Federal Road Safety Corps (FRSC) Commander, Idiroko Unit, Akinwunmi Olaluwoye, said five deaths were recorded in the accident which occurred at about 8.15 am on Wednesday. 
According to him, the remains of the dead had been claimed by their families.
He disclosed that a bus and a motorcycle were also caught in a web of the explosion and razed.
He said, “no vehicle rammed into the tanker. The tank dropped off from the back of the tanker and exploded. The number of persons involved are seven; five dead, two injured.
“The driver had taken away the head of the truck as at the time we got there. But we have allowed the police to take charge and handle that aspect”.

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Travellers To Access $4,000  As CBN Boosts Forex Supplies

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Nigerians travelling abroad can now access a maximum amount of $4,000 foreign exchange from banks following the Central Bank of Nigeria’s (CBN) announcement to increase forex supplies.
The CBN had said in a recent statement that it had concluded plans to increase the amount of foreign exchange allocated to banks to meet legitimate needs.
This followed the warning by the CBN Governor, Mr Godwin Emefiele, to Deposit Money Banks to desist from denying customers the opportunity to purchase foreign exchange.
The purposes to access forex included Personal Travel Allowance, Basic Travel Allowance, tuition fees, and medical payments as well as Small and Medium Enterprises transactions or for the repatriation of Foreign Direct Investment proceeds, the CBN had stated.
Sources from some of the banks said those travelling on business trips could also access a maximum amount of $5,000 for each trip.
At a virtual Bankers’ Committee meeting last week, the bankers discussed how the CBN intended to assist with forex to ensure availability for the upcoming summer period and the return of students to school in September.
The CBN also said the BDCs would continue to have their weekly allocations.
The committee observed that the rates were going up.
It stated, “The CBN has said that all the banks must make availability at all times and anyone who wants to buy BTA, PTA, medical fees, student school fees and all the eligible invisible purchases to ensure that Nigerians are not forced to go and queue in the parallel market.
“So what the Central Bank is doing is to encourage all banks to make sure that there is available forex at all times, and that his information should be communicated on all our platforms.
“We are asking our customers to come to the branches and for BTA, for example, present the required documents, which are basically your international passport, your visa, your valid ticket and fill up the form in the bank.
“And what we have been instructed to do is ensure that we don’t turn anybody back and that we should request from the Central Bank once we exhaust the forex that we have.
“The idea is to have a hitch-free summer period and the resumption for children to go back to school. The idea is to ensure there is less pressure on the forex and then the rates will come down”.
Speaking during the virtual meeting, the Group Managing Director, Access Bank, Herbert Wigwe, said, “I think again as part of the Central Bank’s role in terms of price stability and the need to support small and medium enterprises, there was highlight of the need for banks to go and support SMEs who import small raw materials for them to set up their businesses”.
The Managing Director, Ecobank, Patrick Akinwuntan, said, “All banks are available to ensure forex need is met.”
Managing Director, Sterling Bank, Abubakar Suleiman, said the CBN had provided sufficient foreign exchange to meet the needs of all legitimate Nigerian travellers and therefore, the idea of going to any other market should not arise at all.

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