Nation
Probe Missing N11trn Electricity Fund, SERAP Tasks Buhari
The Socio-Economic Rights and Accountability Project (SERAP), yesterday, asked President Muhammadu Buhari to investigate all the alleged missing N11trillion funds allocated for the execution of electricity projects since 1999.
Speaking at a press conference, SERAP’s Deputy Director, Oluwadare Kolawole, said that despite Buhari’s promise to intensify the fight against corruption, access to regular electricity supply has become almost non-existent, due to systematic and widespread corruption in the sector.
In an address titled, ‘Little To No Progress: Stopping Grand Corruption And Impunity In Nigeria’, Kolawole asked the National Assembly to publish the reports of all power sector-related probes to the Federal Government and civil society organizations for necessary advocacy action and prosecution by relevant anti-corruption agencies.
He also asked the World Bank President, Mr. David Malpass, to release information and documents relating to spending of funds approved and released to Nigeria between 1999 and 2020 to improve access to regular and uninterrupted electricity supply, including copies of supervision reports, periodic reviews and other appropriate reports by the bank.
Recommending measures to tackle the endemic corruption in the sector, Kolawole said, “President Buhari should urgently address corruption in the electricity and education sectors by instructing appropriate anti-corruption agencies to investigate the allegations of missing N11trillion in the electricity sector since the return of democracy in 1999, and to ensure that suspected perpetrators of corruption are brought to justice and that any missing public funds are fully recovered.
“Undertake a thorough, impartial and transparent investigation into the power sector privatization to publish the details of ownership of public stakes of 40 per cent in those entities, and should ensure that government public resources are not used to subsidize private entities.”
Nation
Rivers Deputy Governor Hails PH City One Love For Humanitarian Gesture
Rivers state Deputy Governor Professor Ngozi Nma Odu has commended “The Port Harcourt City One Love,”a Port Harcourt based humanitarian orgnisation For it’s commitment towards alleviating the sufferings of the poor and vulnerable in the society.
Professor Ngozi Nma Odu said this while speaking at this year’s edition of “operation feed the needy” a yearly outreach program of “The Port Harcourt City One Love ” in Port Harcourt.
The Deputy Governor said by feeding more than sixty thousands hungry people within the past six years, the Port Harcourt City One Love Movement has distinguished itself as a club that cares for the less privilege in the society.
She commended the , organization for listing eleven thousand persons to be fed in the current exercise.
Meanwhile The Port Harcourt City One Love has planned a permanent solution to the problem of feeding the poor in the state.
The leader of the group Mr Idaere Gogo Ogan who said this in an interview with newsmen during the distribution of food items to the poor and vulnerables in Port Harcourt said the organization is planning a permanent food kitchen where poor and vulnerable persons can work in anytime and get fed.
Idaere Gogo Ogan said more than sixty thousands poor and vulnerable persons across Port Harcourt City and environs have been fed since the inception of “The operation feed the needy” program six years ago,adding that so far sixty thousands poor and vulnerable persons have beneffited.
He described the group as a platform to promote friendship, brotherhood, community development empathy and feeding the less privilege and hungry people
“That’s what we are doing today here,so we started the exercise six years ago”.he said.
Ogan said the effort was a private sector driven initiative but added “it also involves people in Government because the platform does not recognize any division,we bring everybody together in unity , friendship and brotherhood”he said.
He said the effort will go along way in alleviating hunger especially following the prevailing hunger in the country.
According to him “you know the country is very tough, people are hungry people are starving, there is a whole lot of economic hardship,so for us, this is just our own way of reaching out, our own social contribution to what is very difficult”he said.
Over eleven thousand persons were fed in the just concluded exercise.
Areas of coverage include, Isaac Boro park, Port Harcourt prison/Macoba, Borokiri/Enugu waterside Bundu areas Waterlines and others.
Some of the beneficiaries including an 80 years old widow commended the movement for the annual programm and urged other organizations to emulate them
John Bibor,/Esuuk Oyet/Suotor Memoye /Jeremiah Hannah
Nation
We’ll Partner Private Sector to Industrialize Rivers State – Fubara …Hints Revitalization of Ahoada, Trans Amadi Industrial layout
Nation
SheVentures Open Zero-interest Loan Applications for Women Entrepreneurs
“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively. Women-led enterprises are critical to economic activity, yet they face structural barriers.
“This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs”, Edun said.
Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB), Nnenna Jacob-Ogogo said access to affordable finance remains a major constraint for women entrepreneurs.
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