Connect with us

News

Fayose Berates 2017 FG Budget

Published

on

Ekiti State Governor, Mr Ayodele Fayose has criticised President Mohammadu Buhari-led administration over its plan to borrow funds to finance the 2017 budget, saying such will spell doom for the nation’s economy.
The governor spoke yesterday at the Government House in Ado-Ekiti, the state capital, during the distribution of 7,000 eye-glasses to indigent Ekiti people with bad eye-sight.
Buhari had last week Tuesday presented a budget of N7.298 trillion to a joint session of the National Assembly for 2017 fiscal year.
Fayose, who was reacting to the Federal Government on recent confession that 2016 budget of over N6trillion, had performed at only about 40 per cent said: “If we borrow this much to finance 2017 budget, it means we will continue to borrow even till 2019 and the rate at which this government is borrowing money, I hope they will not plunge Nigeria into eternal debt, enslavement and misery. This has been the fear of many who are against borrowing of $30 billion loan. And they will continue to borrow without attempting to concretely tackle the dwindling rate of our currency.
“What the Federal Government is doing is in the wrong direction. You see, one sad thing is that once the head is wrong, the whole body would not be right. The Federal Government under Buhari does not have what it takes to lead this country economically and beyond. They themselves confirmed that the 2016 budget performed at about 40 percent or below.
“So, that is to tell you that they lack the vision, and don’t know what they are doing and are only deceiving Nigerians.”
On the motive behind the distribution of the eye-glasses, Fayose said the scheme was meant to benefit poor and visually impaired people who cannot afford eye-glasses and whose bad eye-sight was affecting their performance at work or handiwork.
He said: “We have done this before and these are the benefits that can get to the common people. The benefit is for those with impaired sight for a long time and couldn’t get solution. We have taken this to them tested them and diagonised the recommended glasses. And today we are giving the glasses to them. You cannot imagine that people can wake up without a N100 in their pockets, not to talk of affording a eyeglass of N7,000. The project is targeted at 7,000 people and is costing government about N59million. This project continues and we’ve already included it in next year budget.
Mrs. Teniola Oso, who spoke on behalf of the management of the Ekiti State University Teaching Hospital (EKSUTH), which power the scheme said: “the Oju Ayo programme is a form of poverty alleviation programme directed at the poor in our communities who out of poor vision and near blindness has lost all means of survival resulting into poverty and its associated challenges.
“The programme is for all people living in Ekiti State without racial or political colouration. Our team visited all the local governments in the state to test people in need of reading glasses within a period of 16 days, where those in need were identified diagnosed and processed leading to this distribution ceremony today”.
Meanwhile,the Ekiti State Governor, Ayodele Fayose, has described the Economic and Financial Crimes Commission (EFCC) as an irresponsible and corrupt organisation that cannot prosecute any meaningful fight against corruption, saying, “corruption can never fight corruption.”
The governor, who commended the judiciary for standing firm against the EFCC tyranny, said the way and manner the commission has been going about shopping for court orders against Nigerians should concern lovers of rule of law in the country.
Reacting to the Monday’s Federal High Court, Abuja judgment, ordering the EFCC to release all his properties based on the order of the court made on July 20 and August 2, 2016, Governor Fayose, who spoke through his Special Assistant on Public Communications and New Media, Lere Olayinka said, “It is the height of irresponsibility and fraud for the EFCC to have approached Justice Okon Abang for a similar order and concealed the fact that the order obtained from Justice Dimgba elapsed on September 3, and had failed to approach the same court for an extension.”
The governor said; “The EFCC and its corrupt elements fraudulently approached Justice Abang, knowing that the judge himself is fraudulent as established by the Court of Appeal and the same EFCC has even moved to the Federal High Court, Akure in search of another order, ostensibly because they have realised that the judge in the Federal High Court, Ado Ekiti won’t play ball.
“Justice Dimgba gave interim orders on July 20, and reaffirmed on August 3, and the orders were made to last for 45 days to enable EFCC carry out its investigations. Instead of going back to the same court, the EFCC ran to Justice Abang, a judge already adjudged to be fraudulent by the Appeal Court to obtain another order.
“Should we now say that 45 days was inadequate for the any meaningful investigation to be carried out by the EFCC if indeed the commission was interested in investigating anything? Didn’t EFCC carry out its investigation before going to court to seek order to seize the properties?”

Continue Reading

News

Decentralizing Pipeline Surveillance Poses Greater Dangers To Niger Delta …. Group Warns

Published

on

A group of Eminent persons from the Niger Delta region under the aegis of The Niger Delta Watch Dog has warned the Federal Government against yielding to the call to decentralize pipeline surveillance in the region.

The Eminent persons who said this in a press release made available to newsmen in Port Harcourt said those calling for decentralization of pipeline surveillance are ignorant of the dangers it poses to the peace and stability of the Niger Delta.

.They argued that the proposal poses significant risk to the peace security and economic stability of the region.

According to the release” While decentralization is often perceived as a means of promoting inclusivity and local participation, in this specific context it poses significant risks to peace, security, and economic stability.

It further said”evidence from community dynamics across the region suggests that decentralization will cause more harm than good, leading to increased conflict, fragmentation of authority, and heightened threats to critical national infrastructure.
“By contrast, the centralized model currently implemented by Tantita Security Services under the leadership of Government Ekpemupolo Tompolo has demonstrated measurable success in stabilizing the region, reducing conflict, and safeguarding Nigeria’s economic lifelines”

While describing the Niger Delta region as the backbone of Nigeria oil and gas, it added that any changes in policy will lead to crisis in the region.

“The Niger Delta region remains the backbone of Nigeria’s oil and gas industry, hosting extensive pipeline networks that are vital to national revenue and economic sustainability.

“Given the sensitive nature of this infrastructure, the framework through which pipeline security is managed must prioritize stability, coordination, and conflict prevention.

“Any policy shift particularly toward decentralization must therefore be carefully evaluated in light of the region’s socio-political realities”
It said
The release jointly signed by Chief Idowu Asonja ,Ellington Pokumo the Public Relations officer of the group Comrade Douye kojo Isoun and others,

said decentralization will lead to escalation of Inter-Community land dispute, intensifies rivalry between groups as well as heightens the struggle against Territorial control among others.

“Decentralizing pipeline security will likely intensify existing disputes between neighbouring communities as many communities in the Niger Delta have been involved in conflicts over Land ownership and territorial boundaries as well as Control of natural resources and

“Claims over oil pipelines passing through their territories” adding
“Such instability not only disrupts social harmony but also directly endangers pipeline infrastructure, increasing the risk of vandalism, sabotage, and production losses”

It said the gains recorded so far by the present centralization policy should be preserve as any shifts could wrecked havoc in the region.

“Any policy shift must preserve these hard-earned gains. At this time, decentralization presents a significant risk, while the current system continues to offer stability, security, and economic assurance for the nation.

“It is therefore strongly advised that the Federal Government of Nigeria carefully scrutinize and ultimately disregard calls for the decentralization of pipeline security contracts. “Available evidence and prevailing realities suggest that such calls may not be driven by the broader national interest, but rather by narrow, self-serving agendas that could reignite conflict within the region, this we know the Government does not need” the group said

Continue Reading

News

RSIPA DG Unveils New Rivers Investment Pathway At BRACED Commission

Published

on

The Director-General of the Rivers State Investment Promotion Agency (RSIPA), Dr. Chamberlain Peterside, has used the platform of the revived BRACED Commission to unveil investment opportunities and plans in Rivers State.

 

The BRACED Commission just bounced back and has already held a roundtable in Port Harcourt preparatory to an economic summit in the near future.

The roundtable featured the investment promotion agencies of the cooperating states: Bayelsa, Rivers, Akwa Ibom, Cross River, Edo, and Delta states.

Dr Peterside not only chaired the roundtable but made presentations for Rivers State economic landscape.

He hailed the rebound of the BRACED Commission which did well at the onset. “The governors of the region were one and united for one cause. Then, politics came and everything scattered. The agenda is simple, to integrate the economy of the region into one strong bloc.”

He admitted that Rivers State’s investment promotion agency is very young, plus six months in the limbo of state of emergency. “This thus is a very unique opportunity to get resurgent momentum.”

He listed the achievements of RSIPA in the short period since its establishment, saying it has received numerous investment proposals.

“We’ve engaged actively with the private sector, both those currently operating in the state and those intending to invest. We do realize the fact that investment begins from domestic investors. and you have to guide them.

“Through outreach programmes and establishment of a One-Stop-Center (OSC), we have created a streamlined system for addressing investor needs, supporting their business operations. For the first time in Rivers State, prospective investors and small and medium enterprises now have a centralized hub that can address their challenges and find solutions that enable them to thrive.”

He outlined the plans ahead thus: “One of our cardinal focuses at RSIPA is to enhance the operating climate and improve the ease of doing business.

“We are committed to creating a vibrant and business-friendly environment that attracts and retains investment. We are also working closely with other ministries, departments, and agencies to harmonize our activities.

“Collaboration for us is key; we see Rivers State as a single ecosystem where all stakeholders work together to support investment inflow and build a favorable environment for businesses to flourish.”

For the region, he lamented the situation whereby “the carpet is shifting under our feet. The IOCs (international oil corporations) have moved offshore. The issue before us now is how should the region act now. We should target big ticket investment proposals. This is because some proposals will involve other states. There is thus need to collaborate.”

He gave examples of projects that cannot be for one state. “Railway system is not for one state. At the moment, there is no railway line that links Benin to Port Harcourt to Calabar. BRACED can push this agenda.

“There is an oil route from Opobo to Akwa Ibom where Sterling Oil is operating. It’s a route of interest. Governor Sim Fubara wants us to synergise with other states economically. The best time is now because all the governors are now in one political party.”

He called on all the agencies in the BRACED states to sell the idea to their governors.

“Let the governors know that BRACED task is not a competition but as a collaboration. We have the Niger Delta Development Commission (NDDC), the South-South Chambers of Commerce, Industry, Mines and Agriculture (SSCCIMA), the Niger Delta Chambers of Commerce, Industry, Trade, Mines, and Agriculture (NDCCITMA), etc. This is the ripest time to strike the iron.”

The Director General of the Bayelsa Investment Promotion Agency (BIPA), Mrs. Patience Ranami Abah, also shook the floor when she presented what she termed ‘Closing the Value Capture Gap’.

She showed how the states will win bigger by playing together to present an economic front.

David Franklin, a deputy director, who represented the Permanent Secretary, Federal Ministry of Industry, Trade, and Investment, Abuja, said investment in people is the beginning of prosperity.

“The South-South is the hub of power of Nigeria due to the hydrocarbon industry, blue economy, agriculture, tourism, etc.”

The Director General, BRACED Commission, Amb.Joe Keshi, in his welcome remarks, said the roundtable was themed around synchrosnising investment frontiers in a strategic framework for south-south economic integration.

The roundtable ended with a communique that recommended setting up a monitoring committee, and other organs to drive integration and investment.

Some of the key resolutions in the Communique issued at the end of the two-day symposium included the call for a BRACED Investment Promotion Charter with a harmonized Regional Investment Promotion Framework and a roadmap.

The Communique called for infrastructure alignment, uniform economic reforms, human capital development plan, and a technical oversight group.

The communique urged state governments, investors, and development partners to collaborate in transforming the BRACED states into a beacon of economic dynamism.

Continue Reading

News

Easter: DHQ Orders Troop Alert, Confirms US Support

Published

on

The Defence Headquarters has placed troops on nationwide alert ahead of the Easter celebrations, assuring Nigerians of tightened security.

The DHQ also reaffirmed that ongoing support from the United States is strengthening counter-terrorism operations, with a visible impact expected in the coming weeks.

Addressing journalists during the end-of-the-month briefing on Tuesday in Abuja, the Director, Defence Media Operations, Maj Gen Michael Onoja, assured citizens of heightened vigilance by troops during the Easter celebrations.

Onoja said the Armed Forces had already placed personnel on alert nationwide to prevent any security breach during the holiday period.

He added that similar measures were implemented during previous festive seasons, including Christmas and Eid-el-Fitr, and would be sustained.

“We know that festive seasons usually have heightened security activities. The military command gives instructions to ensure all personnel are on alert. This time will not be different,” he said.

He emphasised that security agencies would not relax despite the celebrations, noting that adversaries often attempted to exploit such periods.

“I can assure you that we will always be on alert, particularly at this period of festivities, because we know that the threats expect us to relax.

“But we are not going to relax. Everything will be okay for this Easter,” he added.

Speaking on the ongoing collaboration with the US forces, Onoja said the impact of the collaboration may not be immediately visible due to the nature of military engagements, but expressed confidence that the benefits would become evident in the coming weeks and months.

He said the U.S. support to Nigeria’s operations had been significant, particularly in the areas of intelligence sharing and training, noting that the assistance was being provided on favourable terms to strengthen ongoing counter-threat operations.

According to him, “You are aware that they are bringing intelligence and training support to us, which we need. They are giving that to us on very favourable terms. There are lots of things I cannot say because of confidentiality.”

He added that the intelligence being provided included information on the location of threats and hostile elements, stressing that Nigerian troops would act accordingly.

“All we can say is that these things take time. There is a gestation period when we are conducting military operations.

“You will not see it immediately, but in the next few months or weeks, you will feel the difference in the impact of the assistance that the U.S. is providing,” Onoja stated.

On February 16, 2026, DHQ confirmed the arrival of approximately 100 US military personnel and equipment at Bauchi Airfield.

According to the military high command, the personnel, who are not combat troops, were in Nigeria strictly for technical assistance, training, and advisory roles in counter-terrorism efforts.

However, insecurity has continued to surge in several parts of the country since their deployment, raising concerns about the effectiveness of the collaboration.

 

 

Continue Reading

Trending