Business
Delta House Approves N35bn For DESOPADEC
The Delta House of Assembly on Thursday approved a N35 billion budget for the Delta State Oil Producing Areas Development Commission (DESOPADEC).
The News Agency of Nigeria (NAN) reports that the allocation is N5 billion higher than the N30 billion approved for the commission in 2009.
Gov. Emmanuel Uduaghan had on March 18 presented the budget proposal to the House of Assembly for approval.
A break-down of the budget shows that N11.2 billion is for recurrent expenditure, while N23.7 billion is for capital expenditure.
Mr Daniel Mayuku, Chairman, House Committee on Finance and Appropriation, who presented the proposals to the House, urged the commission to review its audit regulations to improve accountability and transparency.
He also recommended that memoranda, files and the process of awarding contracts should originate from the affected departments within the commission.
The recommendations were unanimously adopted by the House.
The House also approved the appointment of nominees as chairmen and members of Local Government Service Commission and the State Management Board.
NAN reports that the Local Government Service Commission has Chief Nkem Okwuofu as Chairman, while Chief Benson Asore and Chief Mike Sekeigba are to serve as members.
The State Waste Management Board has Mr Solomon Golley as Chairman, and Mrs Evelyn Ojakovo as member.
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
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
