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Fayose Berates 2017 FG Budget
Ekiti State Governor, Mr Ayodele Fayose has criticised President Mohammadu Buhari-led administration over its plan to borrow funds to finance the 2017 budget, saying such will spell doom for the nation’s economy.
The governor spoke yesterday at the Government House in Ado-Ekiti, the state capital, during the distribution of 7,000 eye-glasses to indigent Ekiti people with bad eye-sight.
Buhari had last week Tuesday presented a budget of N7.298 trillion to a joint session of the National Assembly for 2017 fiscal year.
Fayose, who was reacting to the Federal Government on recent confession that 2016 budget of over N6trillion, had performed at only about 40 per cent said: “If we borrow this much to finance 2017 budget, it means we will continue to borrow even till 2019 and the rate at which this government is borrowing money, I hope they will not plunge Nigeria into eternal debt, enslavement and misery. This has been the fear of many who are against borrowing of $30 billion loan. And they will continue to borrow without attempting to concretely tackle the dwindling rate of our currency.
“What the Federal Government is doing is in the wrong direction. You see, one sad thing is that once the head is wrong, the whole body would not be right. The Federal Government under Buhari does not have what it takes to lead this country economically and beyond. They themselves confirmed that the 2016 budget performed at about 40 percent or below.
“So, that is to tell you that they lack the vision, and don’t know what they are doing and are only deceiving Nigerians.”
On the motive behind the distribution of the eye-glasses, Fayose said the scheme was meant to benefit poor and visually impaired people who cannot afford eye-glasses and whose bad eye-sight was affecting their performance at work or handiwork.
He said: “We have done this before and these are the benefits that can get to the common people. The benefit is for those with impaired sight for a long time and couldn’t get solution. We have taken this to them tested them and diagonised the recommended glasses. And today we are giving the glasses to them. You cannot imagine that people can wake up without a N100 in their pockets, not to talk of affording a eyeglass of N7,000. The project is targeted at 7,000 people and is costing government about N59million. This project continues and we’ve already included it in next year budget.
Mrs. Teniola Oso, who spoke on behalf of the management of the Ekiti State University Teaching Hospital (EKSUTH), which power the scheme said: “the Oju Ayo programme is a form of poverty alleviation programme directed at the poor in our communities who out of poor vision and near blindness has lost all means of survival resulting into poverty and its associated challenges.
“The programme is for all people living in Ekiti State without racial or political colouration. Our team visited all the local governments in the state to test people in need of reading glasses within a period of 16 days, where those in need were identified diagnosed and processed leading to this distribution ceremony today”.
Meanwhile,the Ekiti State Governor, Ayodele Fayose, has described the Economic and Financial Crimes Commission (EFCC) as an irresponsible and corrupt organisation that cannot prosecute any meaningful fight against corruption, saying, “corruption can never fight corruption.”
The governor, who commended the judiciary for standing firm against the EFCC tyranny, said the way and manner the commission has been going about shopping for court orders against Nigerians should concern lovers of rule of law in the country.
Reacting to the Monday’s Federal High Court, Abuja judgment, ordering the EFCC to release all his properties based on the order of the court made on July 20 and August 2, 2016, Governor Fayose, who spoke through his Special Assistant on Public Communications and New Media, Lere Olayinka said, “It is the height of irresponsibility and fraud for the EFCC to have approached Justice Okon Abang for a similar order and concealed the fact that the order obtained from Justice Dimgba elapsed on September 3, and had failed to approach the same court for an extension.”
The governor said; “The EFCC and its corrupt elements fraudulently approached Justice Abang, knowing that the judge himself is fraudulent as established by the Court of Appeal and the same EFCC has even moved to the Federal High Court, Akure in search of another order, ostensibly because they have realised that the judge in the Federal High Court, Ado Ekiti won’t play ball.
“Justice Dimgba gave interim orders on July 20, and reaffirmed on August 3, and the orders were made to last for 45 days to enable EFCC carry out its investigations. Instead of going back to the same court, the EFCC ran to Justice Abang, a judge already adjudged to be fraudulent by the Appeal Court to obtain another order.
“Should we now say that 45 days was inadequate for the any meaningful investigation to be carried out by the EFCC if indeed the commission was interested in investigating anything? Didn’t EFCC carry out its investigation before going to court to seek order to seize the properties?”
News
Independence Anniversary: Nigeria Is A Failed Grandfather – Monarch
A first class traditional ruler in Rivers State, His Royal Majesty, King Aaron Ikuru, has described Nigeria at 65 as a grandfather who cannot provide leadership to other African Countries.
The monarch stated this in an interview at his palace in Ikuru Town, yesterday.
According to him, Nigeria would have been a developed country to set the pace in the whole of Africa, considering its numerous resources.
“Nigeria is a grandfather but not behaving as a grandfather. Our country, Nigeria, before and from the era of Independence was in the state of becoming a great country, but unfortunately is not becoming anything.
“We should be far ahead with what we have in the country. God blessed us, we have almost what it takes in terms of mineral resources, manpower amongst others that can drive speedy development in the country.
“If we’re able to harness all the things we have, even America by now would have respected us”, he said.
While blaming the past leaders of the country, the monarch called on the current leadership of the country to redouble efforts in order to narrow the differences in terms of development, exchange rate between naira and foreign currencies.
King Ikuru, who is also the Chairman of Andoni Area Traditional Rulers Council, however, lauded the efforts of the founding fathers, past leaders of the country for the achievements so far.
He also expressed optimism that Nigeria would be great, calling on the opinion leaders to shun tribalism and political intolerance in the country.
“If Nigeria should experience rapid development in all sectors, it means we must shun tribalism and political intolerance, the interest of our country must be our priority.
“We need to fight corruption vigorously, and leaders must show good example of discipline and integrity”, he said.
The monarch used the opportunity to wish Nigeria happy independence anniversary.
By: Enoch Epelle
News
FG begins payment of N32,000 pension increment to retirees – PTAD
The Pension Transitional Arrangement Directorate has announced the start of implementation of the new pension increments for pensioners under the Defined Benefit Scheme, saying the adjustments will be reflected in the September 2025 payroll cycle.
In a statement signed by Management and posted on its X handle, PTAD said the increase package includes a fixed N32,000 payment alongside percentage increases of 10.66% and 12.95% for eligible categories, which will benefit about 832,000 pensioners under its management.
Recall that PTAD in August announced President Bola Tinubu approved a series of measures, including new welfare benefits for pensioners under DBS.
The approval follows a formal request by PTAD’s Executive Secretary, Tolulope Odunaiya, seeking an emergency budgetary allocation to implement pension reforms and welfare benefits for the scheme’s retirees.
The measures include a N32,000 pension increment, percentage increases for pensioners of defunct and privatised agencies, pension harmonisation for all DBS pensioners, enrolment into the National Health Insurance Scheme, and the settlement of long-standing unfunded pension liabilities.
In a statement yesterday, PTAD said the partial release of N820.188 billion by the Federal Ministry of Finance from the emergency funding has made it possible for pensioners to begin receiving the enhanced payments immediately.
The statement read, “Further to the President’s approval of the emergency budgetary allocation for the payment of the new pension increment rates for Pensioners under the Defined Benefit Pension Scheme (DBS) that was earlier published by the Pension Transitional Arrangement Directorate on Friday, 8th August, 2025, the Directorate is delighted to announce the commencement of the implementation of the 832,000, 10.66% and 12.95% pension increment for eligible pensioners under the management of PTAD, in the September 2025 pension payroll cycle.
“This achievement has been made possible through the partial release of 820.188 billion by the Federal Ministry of Finance, from the initial 845 billion emergency funding approval granted by the Federal Government.
“This milestone clearly reaffirms the Federal Government’s dedication to safeguarding the welfare and entitlements of DBS Pensioners in line with the Renewed Hope Agenda.”
The directorate thanked President Bola Ahmed Tinubu for approving the emergency allocation.
It also acknowledged the role of the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun; the Minister of State for Finance, Dr Doris Uzoka-Anite; the Accountant-General of the Federation and key presidential aides and parliamentary committees for their “timely interventions” and support.
The statement also expressed appreciation to organised pension groups, including the Nigeria Union of Pensioners and the Federal Parastatals and Private Sector Pensioners Association of Nigeria, for their cooperation during negotiations and implementation planning.
“We further assure all our DBS Pensioners and Stakeholders that the Directorate will continue to collaborate with the relevant authorities towards release of the outstanding approved funds and subsequent fulfilment of all future obligations relating to the pension increments and the landmark reforms,” the statement added.
The DBS covers pensioners who retired before the introduction of the Contributory Pension Scheme in 2004, including those from defunct public institutions, privatised agencies, and treasury-funded parastatals.
Over the years, many have faced irregular payments, delayed harmonisation, and inadequate healthcare access, challenges that the new reforms are expected to address.
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Nigeria At 65: NOA urges citizens to foster unity, progress
The National Orientation Agency (NOA) has urged Nigeria. citizens to remain united, peaceful to enhance development of the nation as it celebrates 65th independence anniversary.
Mr Mkpoutom Mkpoutom, Director of NOA in Akwa Ibom, gave the charge in Uyo yesterday while addressing newsmen and stakeholders to mark the anniversary.
Mkpoutom said it was essential to recognise that the strength of Nigeria lay in its diversity
“With over 250 ethnic groups and an array of languages, the nation embodies a unique blend of heritage.
“This diversity should be seen not as a dividing line but as a unifying force that propels the country toward progress.
“As Akwa Ibom embarks on another year, it is crucial for all citizens to foster a sense of unity and shared purpose.
“Embrace dialogue, understanding and collaborate with the Renewed Hope Agenda of President Bola Tinubu in its efforts to addressing pressing challenges like poverty, security, education, and healthcare, thereby paving way for a brighter future for all.”
The state director, however, appealed to Nigerians from all walks of life to renew their commitment to a more prosperous, peaceful, and equitable nation.
“Let this anniversary serve as a reminder of the collective strength that lies in every citizen,” he said.
He urged everyone to contribute positively to the development of a better society.
Mkpoutom urged the people and all citizens to honour the labours of heroes past, as they celebrated the present, while working diligently toward a future filled with hope and opportunities for generations to come.
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