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Rivers Communities Laud Firm Over Projects

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Rumuji community in Emohua Local Government Area and Rumuogba in Obio/Akpor Local Government Area have commended Total E & P Nigeria Limited for carrying out projects that affect the lives of the people.
The communities stated this while signing Memoranda of Understanding (MoU), with the oil firm last week at the Total E&P Limited main office, Port Harcourt and called on other oil companies operating in the areas to emulate Total E&P Limited.
The Paramount Ruler,Nye nwe- Eli of Rumuogba, HRM Eze Temple Ejekwu and his Edegwu counterpart, Chief Christian Elechi, noted that their communities have kept a good relationship with the oil firm, expressing satisfaction with Total in carrying out its corporate social responsibility to its host communities.
The two traditional rulers said their communities were happy with the operations of the oil firm and urged other oil firms operating in their  communities to emulate Total E&P Limited.
According to them,” As we sign this agreement today, we urge you to ensure that implementation were carried out for the benefit of the communities.
“There is no doubt that the presence of Total E&P Limited has brought development and peace in our various communities. The living standard has improved”, the two community leaders said.
They however, urged that whatever they signed should be implemented while the left-over of the last MoU should be carried out as agreed.
The Traditional ruler of Odegwu, Chief Elechi commended Total for listening to them over the request to separate Rumuji from Ibaa on signing MoU agreements.
Earlier, the Deputy Managing Director, Port Harcourt District, Mr Francois Le Cocq, at the formal signing ceremony said the projects and programme nominations and implementation should address identified needs and not contact driven venture for few benefit captors.
Le Cocq advised that as both parties celebrate renewed relationship, there should be a spirit and conviction to implement the provisions of the new agreement for the mutual benefit of all the parties.
He assured that TEPNG will fulfill the MoU and was proud to identify with positive results which shall be brought to the communities through the implementation of these MoUs.
According to him, “Total E&P Nigeria Limited is convinced that the content and depth of these agreements are quite far reaching and have the potential to positively affect the lives of our communities if parties show sincerity in their implementation and management”.
“From our infrastructure to human capital development initiatives, it is clear that the company is committed to touching the lives of our communities regardless of the challenges which the industry is facing today”, he said.
The company boss assured that the firm will do its best to manage disbursement funds for the implementation of the MoU such that it will not put the company’s operations at risk.

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FG To Recover N614bn Debt From 35 States

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The Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, says the Federal Government has resolved to recover N614 billion loan facility from 35 states of the federation.
The minister disclosed this when she briefed State House correspondents on the outcome of the meeting of the National Economic Council (NEC), presided over by Vice-President Yemi Osinbajo, at the State House, Abuja, yesterday.
Ahmed said each of the affected 35 states received N17.5billion as bail out from the Federal Government.
She said that already the Council had agreed to constitute a team to finalise modalities for commencement of repayment of the loan facility.
The team, according to her, would be constituted from the Nigerian Governors Forum to meet with the Central Bank of Nigeria (CBN) and Ministry of Finance.
The Minister of Finance said that she briefed NEC on the progress of the loan facility, detailing how the Federal Government has made a total of over N614 billion available to 35 States being N17.5 billion each.
“Council agreed to constitute a team from the Nigerian Governors Forum to meet with the CBN and Ministry of Finance to finalise modalities for commencement of payment,’’ she said.
The minister further revealed that she updated the Council on the activities of the Ad-Hoc Committee on Excess Crude Account (ECA) and other special accounts of the federation.
She said the committee requested for extension of time to finalise and present its report during the next meeting of the Council.
On the $9billion dollars London Court judgement against Nigeria, the minister said the Attorney General and Minister of Justice, Abubakar Malami had assured that Nigeria would appeal against the judgment.

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I’ll Lift Nigerians Out Of Poverty – Minister

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The new Minister of Mines and Steel Development, Mr Olamilekan Adegbite, has promised to lift Nigerians out of poverty by developing the nation’s endowed natural resources.
He made the promise on Wednesday in Abuja when he assumed office shortly after he and other 42 ministers were sworn in by President Muhammadu Buhari.
The Tide reports that the minister was received by directors in the ministry and some heads of parastatals and agencies under the ministry.
“I intend to learn quickly from all of you. I have been following the progress of Dr Kayode Fayemi, the immediate past minister of this ministry who did a lot of work.
“I also intend to learn the robes quickly with the Minister of State, so that we can contribute our quota to the development of the country, especially with regards to lifting people out of poverty.
“Mr President has promised to lift 100 million people out of poverty in 10 years, at the end of tenure of this administration which is four years, we want to at least achieve 40 per cent of that,’’ he said.
Adegbite expressed optimism that the administration would achieve a lot at delivering the dividends of democracy.
The minister said he would stamp out corruption in the sector in line with the agenda of the Buhari administration.
“Corruption fight begins with all of us, if we can be disciplined in the little things we do in our privacy, it will be easier to fight corruption in the country.
“We will join efforts with the Federal Government in fighting corruption to ensure a corruption free society,’’ he said.
Speaking in the same vein, the Minister of State for the ministry, Dr Ikechukwu Ogor, said he would support the minister to achieve the vision for the sector.
Ogah solicited the support of members of staff of the ministry to achieve the vision.
“We will all work as a team to take this ministry to an enviable position,’’ he said.
The ministry‘s Permanent Secretary, Dr Abdulkadri Mu’azu, welcomed the ministers and gave them the break-down of the departments and operations.
He said the ministry was strategic to the country, especially with regards to diversification of the economy.
Muazu pledged the loyalty and dedication of the management and staff of the ministry to the ministers to enable them succeed the tasks ahead.
Some members of staff of the ministry expressed optimism that the ministers would bring to bear their experiences to take the ministry to greater heights.

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CTA To Assist Farmers Access Drought, Flood Tolerant Seeds

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The Technical Centre for Agricultural and Rural Cooperation (CTA), has revealed that it is working with partners in various countries to ensure that farmers have access to drought and flood-tolerant seeds.
This move became necessary following the rising effects of climate change which has a direct impact on agricultural activities.
The Senior Program Coordinator of CTA, Dr Oluyede Ajayi said agriculture is central to development in Africa, but unfortunately it is subjected to a lot of pressures of climate change, like drought, weather extremes that affect food production.
Dr Ajayi who spoke with newsmen in Abuja at the Regional Workshop on Climate Finance and Support Mechanism for a Resilient Agriculture Sector in West and Central Africa said the point they raised was how to improve investment to help farmers become resilient and promote food security in the face of extreme weather.
“One of the points that we raised is how we improve investment to help farmers become resilient and to promote food security in the face of extreme weather situations, to do that requires more than investment, unfortunately less than 10 per cent of fund that goes to the climate is spent on agriculture, we are expecting so much from agriculture, but the fund that goes into agriculture in terms of investment to address climate issues is very low.
“So, this meeting is being organised to brainstorm the practical ways to leverage funding and improve financing to support climate action in agriculture”, he said.
He further said that they were also working towards exposing farmers to climate technologies which would assist in increasing their yield even in unfriendly weather.

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