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FG Releases 15% Of Capital Projects’ Funds

The Minister of National Planning and Budget, Senator Udo Udoma, yesterday told the Senate Committee on Appropriation that the capital releases of the Federal Government currently stands at 15%.
According to the Minister , this was due to low revenue generation across the revenue agencies of the government.
Sen .Udoma also explained that the procurement procedure, as well as the activities of the militants in the Niger Delta region, had grossly reduced the volume of oil exportation, hence, the low revenue profile of government which in turn is affecting capital releases.
Recall that President Mohammadu Buhari’s government had in its N6.6 trillion budget for 2016, voted about a trillion naira for capital expenditure, but little is being currently done in capital budget implementation due to revenue shortfall being experienced by the government.
Udo Udoma further pointed out that the procurement procedure problem arose from the six months requirement for procurement process on execution of new projects as provided for, in the Public Procurement Act.
His words, “no new project is ripe for any capital releases because of the six months of procurement process including advertising and so on. It is only existing projects which already met the criteria for the various procurement stages that are qualified for capital releases”.
According to the Minister, the overall revenue for the first quarter, was about 55% of the projected revenue expectations which, according to him was due to the agitation in the Niger Delta by militants and earlier difficulties faced by importers in accessing foreign exchange.
His words, “the bulk of the problem of low revenue generation came from militant agitations in the Niger Delta which affected oil production that prevented us from reaching the 2.2 billion barrel even though the price is going up.
“At a point production went down to one million barrel but right now, we have been informed by the Minister of Petroleum that it is going up again to about N1.9 billion barrel but that, the revenue will come in three months time because the generation of today is not the revenue of today but of three months time”, he said.
Udoma however expressed optimism that many of the new capital projects captured in the budget would be executed , since the duration for the budgetary implementations has been extended to May next year by the National Assembly, more so, with revenue going up now.
“The National Assembly gave us till May next year to carry out the capital expenditure and we still have 10 months of capital spending to do.
“Nevertheless, out of the capital for MDAs, out of N1, 587, 598, 122, 028, we have released N235, 916, 566, 642 ( 15 percent), he added.
“In personnel releases, the budget was N1, 723, 819, 398, 198 but was we released was N871, 459, 760, 939 which comes to about 50 percent. This is the way it should be because we are already in July and we have done six months which is half of the year.
“For overhead, the budget is N218, 368, 364, 886 and we have released N52, 913, 047, 226 (25 percent), he explained.-
The committee chairman, Danjuma Goje in his remarks indicated that the committee ensure will in the remaining 10 months thoroughly mark closely the budgetary implementations , especially the capital expenditure
Nneka Amaechi-Nnadi, Abuja
News
I’m Committed To Community Dev – Ajinwo
News
RSG Tasks Rural Dwellers On RAAMP …As Sensitization Team Visits Akulga, Degema, Three Others

Rivers State Head of Service, Dr (Mrs) Inyingi Brown, has called on rural communities in the State to embrace the Rural Access and Agricultural marketing project (RAAMP) with a view to improving their living conditions.
This follows the ongoing sensitization campaign by the State Project Implementation Unit (SPIU) visits to Degema, Abonnema, Afam headquarters of Degema, Akuku Toru and Oyigbo Etche and Omuma local government areas respectively.
Dr Brown who was represented by the Deputy Director, Special Duties in her office, Mrs Dein Akpanah, said RAAMP was initiated by the Federal Government and World Bank to economically empower rural dwellers.s
She said the World Bank understands the plights of rural farmers and traders in the State, and therefore came up with the programme to address them.
According to her, RAAMP will improve the conditions of farmers, traders and fishermen, and therefore, behoves on every rural communities in the State to embrace the programme.
The Head of Service also said the programme would support the youths to be gainfully employed while bridges and roads will be built to link farms and fishing settlements.
Also speaking, the State project coordinator, Mr Joshua Kpakol, said the programme has the potential of creating millionaires among farmers and fishermen in the State.
Kpakol who was represented by Engr. Sam Tombari, said RAAMP would help farmers and fishermen to preserve their produce.
According to him, the project will build cold rooms and Silos for preservation of crops and fishes while access roads will also be created to link farmers and fishermen to the market.
He, however, warned them against any act that will lead to the suspension of the projects by the World Bank.
Kpakol particularly warned against acts such as kidnapping, marching ground, gender based violence and child labour, adding that such acts if they occur may lead to the cancellation of the project by the World Bank.
During the visit to Oyigbo local government area, Mr Joshua Kpakol, said the team was there to let them know how they will benefit from the Raamp.
The coordinator who was personally at Oyigbo said the World Bank introduced the project to check food insecurity in the State.
He said already 19 states in Nigeria are already benefitting from the project and called on them to embrace the project.
Meanwhile, stakeholders in the three local government areas have commended the World Bank for including their areas in the project.
They, however, complained over the incessant attacks by pirates on their waterways.
At Degema, King Agolia of Ke kingdom said land was a major problem in the kingdom.
King Agolia represented by High Chief Alpheus Damiebi said many indigenes of the kingdom are willing to go into farming but are handicapped by lack of land.
Also at Degema, the representative of the Omu Onyam Ekeim of Usokun Degema kingdom, Osoabo Isaac, said Degema has embraced the programme but needed more information on the implementation of the programme.
Similarly, while High Chief Precious Abadi advised that the project should not be narrowed to only crop farming, a community women leader, Mrs Orikinge Eremabo Otto, called for the construction of cold rooms in all fishing settlements in the area.
At Abonnema, Mr Diamond Kio linked the problem of the area to incessant piracy along waterways.
He also expressed fears over the possibility of the project being hijacked by politicians.
Also at Abonnema, a stakeholder, Ikiriko Kelvin, called on the World Bank to design an agricultural project that will suit the riverine environment, while at Oyigbo, HRH Eze Boniface Akawo expressed satisfaction with the project.
John Bibor
News
Senate Replaces Natasha As Committee Chairman

The political mudslinging between the Senate leadership and Senator Natasha Akpoti-Uduaghan continued yesterday as the Senate named Senator Aniekan Bassey as the new Chairman of the Committee on Diaspora and Non-Governmental Organisations.
Senate President, Godswill Akpabio, announced the appointment during yesterday’s plenary, confirming Bassey’s replacement of Senator Natasha Akpoti-Uduaghan, who is currently on suspension.
Akpoti-Uduaghan was reassigned to the Diaspora and NGOs Committee in February after she was removed as Chair of the Senate Committee on Local Content during a minor reshuffle.
Bassey is the senator representing Akwa Ibom North-East Senatorial District.
Although no reason was given for her removal yesterday, the change is believed to be connected to her unresolved suspension.
In May, Justice Binta Nyako of the Federal High Court ordered her reinstatement and directed her to tender an apology to the Senate.
However, the Senate has insisted it has not received a certified true copy of the court judgment.
Akpoti-Uduaghan who represents Kogi Central, has yet to resume her legislative duties despite a recent court ruling that voided her suspension.
In a televised interview on Tuesday, Akpoti-Uduaghan said she was awaiting the Certified True Copy of the judgment before officially returning to plenary, citing legal advice and respect for institutional process.
Although the Federal High Court described her suspension as “excessive and unconstitutional”, a legal opinion dated July 5 and attributed to the Senate’s counsel, Paul Daudu (SAN), argued that the ruling lacked any binding directive to enforce her reinstatement.
Akpoti-Uduaghan, one of only three female senators in the current assembly, said the continued delay in allowing her return was not only a denial of her mandate but also a blow to democratic representation.
“By keeping me out of the chambers, the Senate is not just silencing Kogi Central, it’s denying Nigerian women and children representation. We are only three female senators now, down from eight,” she said.
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