Politics
Presidency Lists Beneficiaries Of External Borrowing Plan
The Presidency has said that a total of 15 projects, spread across the six geo-political zones of the country, are to be financed with more than $4 billion from multilateral institutions, under the 2018-2021 medium-term (rolling) external borrowing plan.
President Muhammadu Buhari had requested the Senate to approve sovereign loans of $4.054 billion and €710 million as well as grant components of $125 million for the proposed projects.
According to the letter by the President, the sovereign loans will be sourced from the World Bank, French Development Agency (AFD), China-Exim Bank, International Fund for Agricultural Development (IFAD), Credit Suisse Group and Standard Chartered/China Export and Credit (SINOSURE).
The President’s request to the Senate listed 15 proposed pipeline projects, the objectives, the implementation period, benefiting States, as well as the implementing Ministries, Departments and Agencies (MDAs).
A statement by the Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu said a breakdown of the ‘‘Addendum to the Proposed Pipeline Projects for the 2018-2021 Medium Term (rolling) External Borrowing Plan,’’ shows that the World Bank is expected to finance seven projects including the $125 million grant for ‘‘Better Education Services Delivery for All’’.
According to the statement, the Global Partnership for Education grant is expected to increase equitable access for out-of-school children and improve literacy in focus states.
It further stated that the grant, which will be implemented by the Federal Ministry of Education and the Universal Basic Education Commission (UBEC), will strengthen accountability for results in basic Education in Katsina, Oyo and Adamawa States.
Other projects to be financed by the World Bank are, the State Fiscal, Transparency, Accountability and Sustainability Programme for Results as well as the Agro-Processing, Productivity, Enhancement and Livelihood Improvement Support Project.
The statement said, “The benefiting States for the agro-processing project are, Kogi, Kaduna, Kano, Cross River, Enugu and Lagos with the Federal Ministry of Agriculture and Rural Development as the implementing ministry.
“The objective of the project is to enhance agricultural productivity of small and medium scale farmers and improve value addition along priority value chains in the participating states.
“Similarly, the World Bank is also financing the Nigeria Sustainable Water Supply, Sanitation and Hygiene (WASH) project in Delta, Ekiti, Gombe, Kaduna, Katsina, Imo and Plateau States, for the next five years.
“The project, when completed, is expected to improve rural water supply, sanitation and hygiene nationwide towards achieving Sustainable Development Goals (SDGs) for water supply and sanitation by 2030.
“Under the external borrowing plan, the World Bank-supported projects also include Nigeria’s Covid-19 Preparedness and Response Project (COPREP), under the supervision of the Federal Ministry of Health and Nigeria Centre for Disease Control (NCDC).
“The project, which has an implementation period of 5 years, will respond to threats posed by Covid-19 through the procurement of vaccines.
“Furthermore, no fewer than 29 states are listed as beneficiaries of the Agro-Climatic Resilience in Arid Zone Landscape project, which is expected to reduce natural resource management conflicts in dry and semi-arid ecosystems in Nigeria.
“The benefiting states for the project to be co-financed by World Bank and European Investment Bank (EIB) are Akwa Ibom, Borno, Oyo, Sokoto, Kano, Katsina, Edo, Plateau, Abia, Nasarawa, Delta, Niger, Gombe, Imo, Enugu, Kogi, Anambra, Niger, Ebonyi, Cross River, Ondo, Kaduna, Kebbi, Jigawa, Bauchi, Ekiti, Ogun, Benue, Yobe and Kwara.”
Continuing, it said, “The World Bank is also funding the Livestock Productivity and Resilience project in no fewer than 19 states and the federal capital territory (FCT).
“The China EXIM Bank is expected to finance the construction of the branch line of Apapa-Tin Can Island Port, under the Lagos-Ibadan Railway modernisation project.
“The French Development Agency will finance two projects, which include the National Digital Identity Management project and the Kaduna Bus Rapid Transport Project.
“The digital identity project will be co- financed with World Bank and EIB.
“The Value Chain Development Programme to be financed by IFAD and implemented in Anambra, Benue, Ebonyi, Niger, Ogun, Taraba, Nasarawa, Enugu and Kogi States will empower 100,000 farmers, including over 6,000 and 3,000 processors and traders respectively.
“The loan facility to be provided by European ECA/KfW/IPEX/APC will be spent on the construction of the Standard Gauge Rail (SGR) linking Nigeria with the Niger Republic from Kano-Katsina-Daura-Jibiya-Maradi with a branch to Dutse.
“The specific project title, Kano-Maradi SGR with a branch to Dutse, has an implementation period of 30 months and will be implemented by the Federal Ministry of Transport.
“The Chinese African Development Fund through the Bank of China is expected to provide a loan facility of $325 million for the establishment of three power and renewable energy projects including solar cells production facility Phase 1 & II , electric power transformer production, Plants 1, II, III and high voltage testing laboratory.
Politics
2024 Budget: Funds Were Shared Among Senators -Abaribe
The lawmaker representing Abia South Senatorial District in the National Assembly, Senator Enyinnaya Abaribe, has explained how the Zonal Intervention Project funds were shared among senators.
Recall that the senator representing Cross River North, Agom Jarigbe on Tuesday revealed that ranking senators got N500 million each while he got nothing.
Senator Jarigbe made the revelation on the floor of the Senate while speaking on allegations of budget padding raised by the lawmaker representing Bauchi Central, Senator Abdul Ningi.
The lawmakers who have spent at least four years in the Senate are regarded as ranking senators.
Speaking on the development on a live television interview on Wednesday, Senator Abaribe denied receiving N500 million as alleged by Senator Jarigbe.
Senator Abaribe said he got N266 million from the money allocated to lawmakers in the six geo-political zones.
According to him, lawmakers from some zones, like the Northwest, which has seven states, would expect to get less than what he got, as his Southeast zone has only five states.
He said, “I have been saying that all fingers are not equal and by privilege of office, certain people will get but not every Senator gets an equal amount.
“These are six zones in the country, and every zone gets its own N10 billion in intervention. Now, if you are from the Northwest zone, because you have seven states, the senator will get less than me who comes from the five-state zone.
“My state, Abia, gets N2 billion and if we break it down for both the Senate and the representatives, the Senate is getting 40% and the House gets 60%.
“I got about N266 million as zonal intervention. The person in the Northwest who has seven states, will necessarily get less, about a hundred million and something.
“So it’s not correct when we say every constituency must get an equal amount.”
Politics
Dump PDP, Enhance Your Value, APC Woos Gov Mutfwang
Governor Caleb Mutfwang of Plateau State has been advised to defect from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC) so that his good works and value can appreciate more.
The call was made on Wednesday by the North Central APC Forum in Jos, the Plateau State capital, during the forum’s first quarter of the year meeting.
Speaking at the meeting, the APC Forum Chairman, Saleh Zazzaga, said they were meeting to review the state of the party in the region as well as the region’s economic and security situation, adding that the position of the Plateau State Governor was vital in the overall development of the region.
Zazzaga, who was also a member of the APC Presidential Campaign Council in the last election, commended Governor Mutfwang for carrying the citizenry along in his developmental efforts, noting that his approach to boost peace and security of the state as well as his calm personality was impressive.
However, he said for the governor to attain a robust and exhaustive achievement of his agenda, policies and the development of Plateau State, he should defect to the APC.
He said the governor’s defection would not amount to relegating his former party to the background, but would rather strengthen him more to develop Plateau State.
According to the Chairman, the FCT Minister, Chief Nyesom Wike, is a good example of someone who seeks development for his people and the nation at large, using any vital and handy platform or party to advance his cause.
“Governor Caleb Mutfwang has so far shown that he is a progressive governor through his works, words and deeds since assuming office. But for him to advance more, he should consider joining the APC.
“This is because joining the APC will put him on the same page with President Ahmed Bola Tinubu who has the interest of Plateau in his heart and has been doing his best to advance it.
“Besides, Governor Mutfwang will be on the same page with his other counterparts in the North Central who are of the APC, and together they will have a common ground and work for the interest and development of the region in general and their specific states in particular.
“Also, most of the legislators from the state are in APC, and they can work hand-in-hand to move the state forward, because the relationship between the executive and the legislature cannot be overemphasized in the pursuance of progress and development.
Politics
Step Aside Over Alleged Budget Padding, PDP Urges Akpabio
The Peoples DemocraticParty (PDP) on Wednesday demanded that the Senate President, Senator Godswill Akpabio, immediately steps aside and allow for an independent investigation into the allegation that a staggering N3.7 trillion was discreetly inserted into the 2024 budget for alleged non-existent projects.
In a statement released by Debo Ologunagba, National Publicity Secretary, the main opposition party also demanded that Akpabio immediately report to the Economic and Financial Crimes Commission (EFCC) over the pending case relating to N108 billion belonging to the people of Akwa Ibom State, allegedly looted under his watch as the governor.
The party similarly told the Senate President to speak out on the reported N86 billion contract scam that allegedly occurred in the Niger Delta Development Commission (NDDC) during his tenure as the Minister of Niger Delta Affairs.
The PDP condemned the suspension of Senator Abdul Ningi by the All Progressives Congress (APC) leadership in the Senate “without a detailed inquest into the issue of budget padding which he raised.”
Recall that Ningi blew the whistle on the alleged unexplained N3.7 trillion inserted into the budget, leading to his suspension from the chamber for allegedly disparaging the legislature.
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