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Chime Presents N93.29bn Budget To Assembly

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The Enugu State Governor, Barrister Sullivan I. Chime, last Tuesday presented to members of the State House of Assembly the  2014 Draft Budget of  N93,287,000,000 for their consideration and approval.

Governor Chime explained that the amount was presented in order to consolidate on the gains of his administration in the past six and half years,  so as to maintain effective service delivery to the people and lay a solid foundation for the next administration.

According to him, this is higher than the 2013 budget size of N83,773,203,408 by N9,513,796,592 representing 11%  increase.

The budget, he further said,  is made up of N39, 342,549,163 as Recurrent Expenditure, which is 42% of the budget, while N53, 944,450,837 is for Capital Expenditure, representing 58% of the entire envelope.

He maintained that government also expected a Recurrent Revenue of N57, 490,114,000, adding that  government also  intends to realize this amount through internally-generated revenue which is estimated at N9,190,114,000) representing 16% and the state share of Federal Revenue put at N48,300,000,000, which is 84%.

“ I want to emphasize that our priority will be to complete on-going urban and rural roads, some of which we are doing in partnership with the affected local government councils on a 70:30 ratio.

“Today, our destination is in sight and as we take a long view at our 2015 transition, I am proud to say that we have done our best to uphold the terms of the social contract with our people”, he said.

On security, Governor Chime said: “To ensure safe neighbourhoods and security for lives and property across the state, this administration has always endorsed giving the law-enforcement agents the tools to combat crimes. Only recently, Government donated another set of one hundred security vehicles fitted with communication gadgets to the Nigerian Police for intra-city surveillance and inter-city monitoring”.

Other priority urban roads to be executed include the dualization of Nike Lake road and the rehabilitation of Abakpa-Nike Road and Ugwuaji-Awkananaw by Kenyatta.

The on-going construction of the new ultra-modern State Secretariat complex, he  said  the project  has reached an advanced stage, pointing out that work has also started on the new Governor’s office (Lion Building) and “is progressing steadily”. Government aims to complete and equip these buildings in the coming year.

His words: “To accomplish these lofty goals, the sum of N15.623 billion was allocated to the Ministry of Works and Infrastructure in the 2014 budget”.

Governor Chime said that the Ministry of Agriculture was allocated the sum of N2.401 billion with a lot of emphasis on the sustenance of the San Carlos Pineapple programme and the completion of work at Heneke and Adani farms as well as the development of the 17 green cities in the 17 local government councils.

“As we reform the education sector, rebuild infrastructure to create the right teaching and learning environment, ensure stricter supervision and sustain the free education policy, we will keep alive the dream to offer functional and qualitative education to our wards at different educational tiers.

The education sub-sector has a total allocation of N5.78 billion in the 2014 budget. This covers allocations to the Ministry of Education, State Universal Education Board, the Post-Primary School Management Board, Enugu State University of Science and Technology (ESUT), Institute of Management and Technology (IMT), College of Education (Technical), State Scholarship Board and the Science & Vocational Schools Management Board”.

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Eradiri Faults NDDC Leadership Structure Wants Agric As Top Priority

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The Special Adviser to the Sole Administrator of the Niger Delta Development Commission (NDDC) on Youths, Udens Eradiri, has faulted the leadership structure of the commission, saying it has not helped the cause of the Niger Delta in the last 25 years.
Describing the leadership structure of the NDDC as faulty, he said that the faulty leadership structure was the reason why President Muhammadu Buhari ordered for a forensic audit in the commission.
Eradiri who is the former president of the Ijaw Youths Council (IYC)
disclosed this while speaking to aviation correspondents, last Friday, shortly on arrival at the Port Harcourt International Airport, Omagwa, from Abuja. 
He said the outcome of the forensic audit would be used to do a wholistic reorganisation of the organogram of the commission.
According to him, the wholistic review of the organogram of the NDDC will help in putting the leadership structure in order, and enable things to function properly.
“The leadership structure of NDDC in the past years had been faulty, and that was why the President said there should be forensic audit, which would be used to do a wholistic review of the organogram of NDDC, so that it can function properly.
“The new board is coming soon, but the whole process will pass through the National Assembly to be cleared”, Eradiri said.
On the achievement of the present NDDC management, the special adviser said that the Effiong Akwa led administration had recorded some landmark achievements compared to the last 25 years. 
He said that the present interim management within two years completed and commissioned the headquarters of the NDDC, which had been left for over 25 years.
He also said that the completion of the East-West road project had intensified under the present management, adding that NDDC has also supported states on sanitation through donation of trucks.
Eradiri, however, admitted that the present interim management had not taken a firm stand on agricultural development even though it has been working with the Central Bank of Nigeria on the Anchor Borrowers Scheme.
“I believe that the only tool to use and get ourselves out of the quagmire we find ourselves is agriculture, and I think that the NDDC can design its own scheme on how to grow agriculture as a deliberate policy.
“This will bring change that will grow the region’s economy. We must talk about agricultural processing, and we can put palm oil into sachet, and even students can be buying them,” he said.

By: Corlins Walter

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Nigeria Lost N851bn To Oil Theft, Sabotage   – NEITI

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Nigeria lost N851.84bn ($2.78bn) to oil theft and pipeline sabotage in 2019, the Nigerian Extractive Industry Transparency Initiative (NEITI)   has said.
NEITI said this in its latest oil and gas industry audit report.
NEITI stated that it arrived at the estimate after using an average price of $65.61 per barrel and an average exchange rate of N306.42/$ .
It, however, noted that there was a significant reduction of 21 per cent from the previous year, where 53.28 million barrels were lost.
Losses such as these are recorded by companies whose crude volumes are carried through pipelines easily compromised by saboteurs.
The report also stated that some oil terminals recorded no production. These included Aja operated by Bayelsa Oil, whose license was revoked by the government.
Others were Asaramatoru and Oyo managed by Prime and Allied/CAMAC who were reportedly inactive for the year.
Nigeria earned a total of N10.49tn ($34.22bn) from crude oil and gas sales. This was a marginal 4.88 per cent increase from 2018 revenues of N9.99tn ($32.63bn).
The total crude oil production recorded was 735.24 million barrels, a 4.87per cent increase from 701.10 million barrels reported in 2018.
A total of N2.145tn ($7.011bn) was the domestic sales proceeds in 2019 from 107.24 million barrels of crude oil. This was 0.36 per cent lower than the domestic crude sales of 107.63 million barrels in 2018.

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Residents Task New Council Chairmen On Dev, Agric Policies

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Some residents in the 23 local government areas of Rivers State have urged the newly sworn-in council chairmen in the state to come up with good agricultural and developmental policies that will transform the grassroots.
They also urged the council boss to take pragmatic steps and actions towards tackling security challenges to encourage business activities thrive in their domains. 
Some of the residents who spoke with The Tide at the weekend, noted that the local government administration in the state had not faired well in terms of real development in recent times, and urged the new council helmsmen to change the narratives. 
A resident of Emohua Local Government Area, Mr Charles Amadi, noted that no real development had taken place in the area, lamenting the dearth of companies and small scale industries in the area.
He, therefore, called on the new chairman, Dr. Chidi Lyoid, not to solely depend on the monthly allocation, but to go all out to attract small scale companies to the area so as to create employment opportunities as well as generate revenue for the council.
He also urged the new chairman to invest in agriculture, especially farming and fishing.
On his part, Mr Ebenezer Otamiri who lives in Etche, urged the Etche council boss, Obinna Ayanwu, to consolidate on the achievements recorded in his first tenure, especially by building more markets for the people, as well as initiate good agricultural policy to drive the economy of the area.
He also urged the council boss to tackle the issue of electricity and security in the area, saying electricity and security are key to the development of the area. 
In his own charge, Mr Mene Geoffrey Dekaa who hails from Bori in Khana Local Government Area of the state, called on his new council chairman, Bariere Thomas, to show capacity and competence in the area of security.
He noted that the issue of security has left native imprint in the development of the area, saying many investors have left Bori, the headquarters of the council, for other places.
“Because of security challenges, many people have left Bori to build houses and invest in Nonwa- Tai, and Eleme.
“Areas like Kono-Boweeh communities are no go areas, as people there can hardly sleep. So if the chairman can work with government recognised traditional rulers and security agents, security issues will be tackled, and people’s confidence will be restored, and business activities will move on”, he said.

By: Residents Task New Council Chairmen On Dev, Agric Policies

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