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FG Withdraws N1.9trn From ECA To August Revenue Shortfall

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R-L: Mrs. C.N. Nwokocha, Deputy Director Maritime Labour Department NIMASA, Mr. Peter Mgbemena representing the DG/CEO of NIMASA, Mr. Anthony Ogadi, Coordinator Eastern Zone of NIMASA and Mr. Charles Wame, MD Charkin Maritime & Offshore Training Centre at the celebration of the Day of the Seafarer organised by NIMASA in Calabar recently.

R-L: Mrs. C.N. Nwokocha, Deputy Director Maritime Labour Department NIMASA, Mr. Peter Mgbemena representing the DG/CEO of NIMASA, Mr. Anthony Ogadi, Coordinator Eastern Zone of NIMASA and Mr. Charles Wame, MD Charkin Maritime & Offshore Training Centre at the celebration of the Day of the Seafarer organised by NIMASA in Calabar recently.

The Federal Government withdrew a total sum of N1.99trillion from the Excess Crude Account within the 2013 fiscal year, documents obtained from the Budget Office of the Federation (BOF) have revealed.
The BOF in its 2013 consolidated budget implementation report jointly signed by the Minister of Finance, Dr. Ngozi Okonjo-Iweala and the Director-General, BOF, Dr. Bright Okogu said the amount was used to settle various obligations of the Federal Government owing to its inability to meet revenue targets.
The withdrawals for 2013 are marginally lower than the N2.07trillion taken in the 2012 period by N800million or 3.86 per cent.
It said while N1.99trillion was the total outflows from the ECA, the government was able to ensure that within the 2013 period, the sum of N855.41million was transferred into the account.
However, the total inflow for 2013 was lower than the N2.30trillion received in 2012 by N1.29trillion or 56.19 per cent.
The report, a copy of which was obtained exclusively by our correspondent said, “The ECA was set up to serve as a stabilization and savings account. Inflows into the ECA in the fourth quarter of 2013 amounted to N156.03billion.
“The inflow into this account in the fourth quarter was lower than the N181.34billion and N474.8billion recorded in the third quarter of 2013 and fourth quarter of 2012 by N25.31billion and N318.77billion respectively.
“Similarly, the total inflow for 2013 was lower than the N2.30trillion received in 2012 by N1.297trillion (or 56.19 per cent).
“A total of N510.98billion was withdrawn from the account in the fourth quarter of 2013 to bring the cumulative drawdown from the account as at 31st December 2013 to N1.99trillion.
“The report said of the N1.99trillion withdrawn in 2013 from the ECA, the sum of N1.08trillion was used to augment statutory revenue to the three tiers of government, while N505billion was used to settle payment of petroleum product subsidy.
It added that the balance of N405.6billion was transferred into the special intervention fund.
Giving a breakdown of how the N1.08trillion revenue was augmented among the three tiers of government, the report said the sum of N485.02billion was withdrawn in the first quarter of 2013.
For the second, third and fourth quarters, the report put the augmentation made to the three tiers of government at N434.82billion, N12.02billion and N154.75billion in that order, respectively.
On how the payment for petroleum subsidy was made, it stated that N50billion was paid to oil marketers in the first quarter while second, third and fourth quarters had N110billion, N110billion and N235billion, respectively.
For transfers into the special intervention fund, the report said the sum of N71.1billion was moved into the account in the first quarter while N106.65billion, N106.65billion and N121.23billion were paid into the account in the second, third and fourth quarters in that order.
The nation experienced huge revenue shortfall within the 2013 fiscal year which saw the ECA experiencing massive withdrawals by the government in order to augment the depletion in revenue.
For instance, crude oil sales which accounts for about 90 per cent of government revenue recorded a decline of N1.43trillion of 33.69 per cent from N4.24trillion in 2012 to N2.81trillion in 2013.
Similarly, findings revealed that gas sales of N255.12billion and rent of N180million fell below their corresponding annual projections of N359.58billion and N880million by N104.46billion (29.05 per cent) and N0.70billion (or 79.67 per cent).
The drop in crude oil revenue, according to the BOF was due to massive crude oil theft, illegal bunkering pipeline vandalism which persisted during the period under review.
Similarly, the non oil revenue receipts recorded huge decline of N637.93billion (or 22.37 per cent) to N2.21trillion as at December 31, 2013, below the annual projected estimate of N2.85trillion.
For instance, Value Added Tax of N795.60billion, Company Income Tax of N985.52billion and Customs and Excise Duties of N432.64billion all fell short by N149.68billion (or 15.83 per cent), N6.52billion (or 0.66 per cent) and N360.31billion (or 45.44 per cent) when compared with their annual projections of N945.28billion, N992.04billion and N792.95billion.

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Odu Urges Collaboration Among Stakeholders To Improve Health Service Delivery In Rivers

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Rivers State Deputy Governor, Prof. Ngozi Odu, has called for renewed commitment, transparency, and collaboration among stakeholders in the health sector in the State.

The deputy governor particularly urged synergy between the Rivers State Contributory Health Protection Programme  (RIVCHPP) and the Primary Health Care Management Board towards improved healthcare delivery in the State.

?Prof. Odu made this call during the 2026 First Quarter  Review Meeting of the Task Force on Primary Health Care at the Government House, Port Harcourt, on Wednesday.

?She stressed the importance of honesty and urged all parties to be truthful and open in addressing challenges within the system.

?According to her, transparency remains critical to identifying and resolving underlying issues affecting healthcare delivery, noting that “if we are not truthful, we will not cure the disease, but merely cover it up.”

The deputy governor recounted a personal experience at a Primary Health Center where a patient, despite being duly registered under the RIVCIPP scheme with completed biometric capture, was still asked to make payment for services.

According to her, intervention by relevant authorities later confirmed the patient’s eligibility, exposing a communication gap between the scheme and healthcare providers.

Odu warned that such incidents could discourage community members from enrolling in the scheme, thereby undermining its objectives.

“When this happens, we are disenfranchising our people. The message that goes back to the community is that even when you register, you are still made to pay,” she stressed.

?While commending the leadership and staff of the Primary Health Care Management Board, Ministry of Health, Development Partners as well as other supporting units, for their efforts, ty deputy governor stressed that performance should not lead to complacency.

She urged stakeholders to continuously strive for improvement, raise standards, and leave lasting positive impacts within the system.

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You Can Now Print Your Exam Slips, JAMB Tells 2026 UTME Candidates

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The Joint Admissions and Matriculation Board (JAMB) has announced the opening of examination slip printing for candidates registered for the 2026 Unified Tertiary Matriculation Examination (UTME).

JAMB made the announcement yesterday, urging candidates to visit its website to download their slips ahead of the examination.

“Examination Slip Printing is now available. The slip contains details of the venue, date and time of your examination and gives you access to the examination hall,” the board said.

Candidates are to visit jamb.gov.ng and click on “2026 Slip Printing” to print their slips.

The development comes after JAMB dismissed a viral press release falsely claiming the examination had been postponed.

The board described the notice as “malicious and fake” and urged candidates to disregard it.

The 2026 UTME is scheduled to hold from Thursday, April 16, to Saturday, April 25, 2026.

The examination follows a mock test conducted on Saturday, March 28, which recorded technical difficulties at some Computer-Based Test centres.

Of the 224,597 candidates who registered for the mock, 152,586 sat for the test across 989 CBT centres nationwide.

JAMB said over 20 centres were delisted for technical inadequacies.

The board also warned candidates against fraudsters on WhatsApp claiming to facilitate score inflation, describing such claims as “false and criminal”, and threatening cancellation of registration or withholding of results for any candidate found involved.

Over two million candidates, according to JAMB Registrar, Prof. Ishaq Oloyede, registered for this year’s UTME.

 

 

 

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RSU Unveils Five-Year Strategic Dev Plan …Calls For Collective Commitment To Institutional Excellence

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In a decisive step towards redefining its future, the Rivers State University, Port Harcourt, has formally unveiled its Third Five-Year (2026-2030) Strategic Development Plan.

The development plan is a comprehensive roadmap designed to strengthen the university’s position as a leading institution in Nigeria and beyond.

The unveiling took place during a high-level engagement with the Governing Council, Principal Officers and the university congregation, at the Convocation Arena, recently.

Delivering his remarks at the unveiling ceremony, the Pro-Chancellor of the university and Chairman of Council, Hon. Okey Wali, SAN, charged all members of the university community to align their activities with the strategic direction of the institution, emphasizing that the success of the plan depends on collective commitment.

He noted that the plan is not merely a document, but a working framework that requires discipline, accountability and unity of purpose.

According to the Pro-Chancellor, only through coordinated efforts from all stakeholders can the university fully realize its vision.

“I hereby invite the Visitor to the University, donor agencies, friends and well-wishers, and all stakeholders to support and fund the implementation of this strategic plan. We are confident that this plan will take RSU to greater heights in the comity of higher institutions,” he said.

The Vice-Chancellor of the University, Prof. Isaac Zeb-Obipi, described the Strategic Development Plan as a document that would enhance the university’s corporate strengths, mitigate current weaknesses, leverage its corporate opportunities and address perceived existential threats.

“This Five-Year Strategic Plan sets out RSU’s goals, strategic objectives, expected outcomes and impact, including intervention strategies,” he said.

On his part, the Chairman of the Strategic Development Planning Committee, Prof. Emeritus Joseph A. Ajienka, noted that the 2026-2030 Strategic Development Plan represents a bold reaffirmation of the university’s founding ideals of excellence, creativity, innovation and inclusivity, aimed at positioning the institution to respond effectively to contemporary challenges in higher education.

Prof. Ajienka, who is also a member of the Governing Council, disclosed that the plan was developed through an extensive and inclusive consultative process, which he said reflects contributions from Faculties, Departments, Satellite Campuses and Administrative Units.

At its core, the plan seeks to advance the university’s vision of becoming a “unique and uncommon” institution that is structurally and philosophically oriented towards solving practical societal problems and ranking among the top ten universities in Nigeria.

The strategic framework identifies six key challenges confronting the university, including funding constraints, infrastructure deficits, limited research collaboration, and service delivery inefficiencies.

A statement by the university’s Acting Director, Corporate Affairs, Victor G. Banigo, further stated that the university has articulated four broad strategic goals supported by eight targeted objectives.

A central priority of the plan, according to him, is the strengthening of governance and administrative systems, alongside deliberate efforts to expand the university’s funding base. Others include enhanced alumni engagement, strategic partnerships and innovative fundraising initiatives aimed at ensuring long-term financial sustainability.

“Equally significant is the commitment to upgrading physical infrastructure across all campuses. Plans are underway to modernize lecture halls and laboratories, expand student accommodation, improve campus security and deploy advanced ICT systems to support teaching, learning and research.

“Recognizing that human capital is the backbone of institutional success, the university has placed strong emphasis on staff development, recruitment and productivity enhancement. Through targeted training programmes, mentorship initiatives and performance management systems, the plan aims to foster a highly skilled and motivated workforce.

“In addition, the university is poised to deepen its focus on research, innovation and entrepreneurship. By reviewing academic curricula, strengthening industry partnerships and establishing innovation incubation centers, Rivers State University seeks to translate research outputs into practical solutions that address societal needs and drive economic growth,” he said.

The PRO disclosed that the implementation of the strategic plan is projected at ?110 billion, reflecting the scale of transformation envisioned.

“While the university is committed to funding a significant portion internally, additional resources will be mobilized through government support, donor agencies, alumni contributions, and public-private partnerships.

“This multi-channel funding strategy aligns with the university’s broader goal of building a resilient and self-sustaining financial model capable of supporting long-term development,” he explained.

To ensure effective implementation, he said, “the plan incorporates a comprehensive monitoring and evaluation framework, complete with performance and impact indicators. A mid-term review is scheduled within the first two years to assess progress and make necessary adjustments.

“Furthermore, the establishment of a dedicated Strategic Planning Office will provide oversight, coordination and accountability in executing the plan across all units of the university.”

According to the statement, “As the university embarks on this transformative journey, the message from leadership is clear: the Strategic Development Plan is a collective mandate.

“For staff, students, alumni and stakeholders, it represents an opportunity to contribute meaningfully to the growth and advancement of the institution. For the university, it is a pathway to consolidating its legacy while embracing innovation and global relevance.

“With a clear vision, defined priorities and a united community, Rivers State University stands poised to translate this strategic blueprint into measurable progress, advancing knowledge, empowering people and shaping the future of higher education in Nigeria.”

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