Business
Budget Padding: Gowon Sues For Penalities
Nigeria’s former Head of
State, Gen Yakubu Gowon (rtd) has called for the prosecution of anyone indicted for budget padding.
Gen. Gowon, who spoke with newsmen at the Health Caravan and Award ceremony for the Oni of Ife, Oba Enitan Ogunwusi as Royal Ambassador for Hepatitis Advocacy in Nigeria, recently, stressed that everyone connected with the matter, be prosecuted to serve as a deterrent to other.
He wondered why budget padding was common place in Nigeria nowadays, adding that this never happened in the past especially during his time as Head of State.
According to him, “if that is true, if anybody is doing that, the person should be checked and stopped to ensure that such does not occur in the future. We didn’t do it during my time.”
Furthermore, he said, “we had late Chief Obafemi Awolowo incharge of our finance during my time and he taught us to survive without borrowing. Such (budget padding) should stop, there’s no point doing that.
He used the opportunity to call on President Muhammadu Buhari to firm up the ailing economy of the nation in order to alleviate the suffering of the masses.
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Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
