Connect with us

News

Wike Gets SCAHSA Global Award …Banigo, Obuah Hail Gov On Award

Published

on

In recognition of his outstanding achievements in the area of urban renewal, sustainable cities and provision of basic amenities to the residential areas of low-income earners, Rivers State Governor, Chief Nyesom Wike has been honoured with the “Global Human Settlements Outstanding Contribution Award”.
Nigeria’s moment of glory peaked in New York City, United States, last Monday night when the Sustainable Cities and Human Settlements Awards (SCAHSA) presented the international award to the governor in the presence of international diplomats, development professionals, high-level administrators and leaders of international non-governmental organisations.
Speaking at the award ceremony in New York, last Monday night, a representative of the United Nations Environment Programme (UNEP), Mara Murillo said that the organisation salutes Global Forum on Human Settlements & Sustainable Cities and Human Settlements for having developed the awards and the constituency for which it has been organized.
The UNEP representative congratulated the 23 awardees who were selected for their positive achievements and leadership.
Murillo stated: “The awards recognise their feats which inspire and encourage others to innovate and replicate similar feats”.
The Vice Chairman of Global Forum on Human Settlements & Sustainable Cities, Dr Taj Hamad said all the awardees have made great achievements that merit the awards.
Permanent Representative of The Gambia to the United Nations, Mamadou Tangara urged all awardees to continue to work for sustainable cities across the world.
Ms Mara Angelica of the United Nations Environment Programme lent her voice to the calls for collaboration in developing habitable cities.
In an acceptance speech after receiving the award, Rivers State Governor, Chief Nyesom Wike pledged that he will continue his landmark projects to improve the living condition of the Rivers people.
He said: “Let me on behalf of the government and people of Rivers State sincerely thank the organisers of this award for the recognition.
“I would also like to commit ourselves to progressively provide infrastructure and social services that will enhance the living standards of all Rivers people on a sustainable basis”, Wike added.
The Tide gathered that there were 23 awards in six different categories.
The Rivers State Governor, Chief Nyesom Wike received his “Global Human Settlements Outstanding Contribution Award” under the “Individual Initiatives to Advance Sustainable Development Category”.
The award was presented to the Rivers State governor by the Vice President of Global Forum on Human Settlements & Sustainable Cities, Dr Taj  Hamad.
The governor was accompanied to the international award ceremony by his wife, Justice Eberechi Suzzette Nyesom-Wike, two of his children, Chief Judge of Rivers State, Justice Adama Iyaye-Lamikanra, member representing Port Harcourt Federal Constituency in the House of Representatives, Hon Ken Chikere, Edo State PDP Chairman, Chief Dan Orbih,  the former Minister of Sports, Dr Tammy Danagogo, Rivers State Commissioner for Information and Communications, Barrister Emma Okah, elder statesman, Prince Emma Anyanwu, and member of the House of Representatives, Mrs Betty Apiafi, among others.
The 12th Global Forum on Human Settlements & Sustainable Cities and Human Settlements Awards Ceremony (GFHS XII) was jointly organised by the Permanent Mission of The Gambia to the UN, the Permanent Observer Mission of the African Union to the UN (AU), the Global Forum on Human Settlements (GFHS), the United Nations Environment Programme (UNEP), the University Peace Federation (UPF), the World Association of Non-Governmental Organizations (WANGO) and the Better Cities Institute (BCI).
A video footage explaining the premise upon which Rivers State Governor, Chief Nyesom Wike received the award lauded him for reducing urban slums and bridging poverty gaps.
The footage further praised the Rivers State governor for his positive leadership, provision of infrastructure and basic amenities.
The 23 awardees were drawn from different countries of the world, including Nigeria, China, Bulgaria, Germany, USA, India and Indonesia.
The event was beamed live on different platforms by dedicated international broadcasters.
Meanwhile, the Deputy Governor of Rivers State, Dr. Ipalibo Harry Banigo and the state Chairman of the Peoples Democratic Party (PDP), Bro Felix Obuah have hailed the “Global Human Settlements Outstanding Contribution Award” given the Governor Nyesom Wike by the Sustainable Cities and Human Settlements (SCAHSA) at the United Nations Headquarters in New York, describing the state chief executive as an enigma who has continued to surprise his detractors, with his ever rising profile.
In a statement in Government House, Port Harcourt, Banigo said “while the All Progressives Congress (APC) is dissipating its energy in the failed bid to hoodwink Rivers people into believing that the governor was not working.
Wike has continued to dwarf whatever achievements the APC may have claimed to have achieved in the past”.
Banigo said “Governance is about the people and the present administration has positively touched the Rivers people where it matters most, with our lean resources we have been able to deliver top notch infrastructures to our people which, has earned us accolades nationally and internationally, to God be the Glory”.
According to her, Wike’s winning of the “Global Human Settlements Outstanding Contribution Award” under the “Individual Initiatives to Advance Sustainable Development Category” is no mean feat, and congratulated the governor for making the Rivers people proud, while calling on the opposition to join the wining team.
Also speaking, Chairman of PDP, Felix Obuah said the conferment of Global Human Settlements Outstanding Contribution Award on Wike by the United Nations Sustainable Development Goals (CDGs) in far away United States of America was a proof of the governor’s leadership qualities.
Obuah, in a statement in Port Harcourt, the Rivers State capital said Wike does not deserve anything less because he has worked hard to ensure that the economy of the state was turned around from the mess it was plunged into by the previous administration.
According to the PDP boss, the good governance and sense of belonging being enjoyed by all strata of the Rivers people are not a happenstance, but a product of self-sacrifice and sound knowledge of management of human and material resources by the state chief executive.
Obuah, however, noted that the joy was not only the award per se, but the fact that the dispassionate world has been watching and has confirmed the landmark achievements of the PDP-led government in Rivers State in just two years in office in spite of the lean financial resources available to the state.
The state PDP chairman while congratulating the governor for the well-deserved award, also enjoined the good people of the state to remain focused and steadfast in their support for Wike and discountenance the snares and deception of the enemies of progress who were not happy that they have been dislodged from lording it over the people for their own self-enrichment.

Continue Reading

News

Tinubu Lauds Dangote’s Diesel Price Cut, Foresees Economic Relief

Published

on

President Bola Tinubu, yesterday, applauded Dangote Oil and Gas Limited for reducing the price of Automotive Gas Oil, also known as diesel, from N1,650 to N1,000 per litre.
The Dangote Group recently reviewed downwards the gantry price of AGO from N1,650 to N1,000 per litre for a minimum of one million litres of the product, as well as providing a discount of N30 per litre for an offtake of five million litres and above
Tinubu described the move as an “enterprising feat” and said, “The price review represents a 60 per cent drop, which will, in no small measure, impact the prices of sundry goods and services.”
In a statement signed by his Special Adviser on Media and Publicity, Ajuri Ngelale, Tinubu affirmed that Nigerians and domestic businesses are the nation’s surest transport and security to economic prosperity.
The statement is titled ‘President Tinubu commends Dangote Group over new gantry price of diesel.’
Tinubu also noted the Federal Government’s 20 per cent stake in Dangote Refinery, saying such partnerships between public and private entities are essential to advancing the country’s overall well-being.
Therefore, he called on Nigerians and businesses to, at this time, put the nation in priority gear while assuring them of a conducive, safe, and secure environment to thrive.
This statement comes precisely a week after Dangote met President Tinubu in Lagos, where he said Nigerians should expect a drop in inflation given the cut in diesel pump prices.
“In our refinery, we have started selling diesel at about ¦ 1,200 for ¦ 1,650 and I’m sure as we go along…this can help to bring inflation down immediately,” Dangote told journalists after he paid homage to President Bola Tinubu at the latter’s residence to mark Eid-el-Fitr.
The businessman said his petroleum refinery had been selling diesel at N1,200 per litre, compared to the previous price of N1,650–N1,700.
He expressed hopes that Nigeria’s economy will improve, as the naira has made some gains in the foreign exchange market, dropping from N1,900/$ to the current level of N1,250 – N1,300.
Dangote said this rise in value has sparked a gradual drop in the price of locally-produced goods, such as flour, as businesses are paying less for diesel. Therefore, he asserted that the reduced fuel costs would drive down inflation in the coming months.
“I believe that we are on the right track. I believe Nigerians have been patient and I also believe that a lot of goodies will now come through.
“There’s quite a lot of improvement because, if you look at it, one of the major issues that we’ve had was the naira devaluation that has gone very aggressively up to about ¦ 1,900.
“But right now, we’re back to almost ¦ 1,250, ¦ 1,300, which is a good reprieve. Quite a lot of commodities went up.
“When you go to the market, for example, something that we produce locally, like flour, people will charge you more. Why? Because they’re paying very high prices on diesel,” he explained.
He argued that the reduced diesel price would have “a lot of impact” on local businesses.
“Going forward, even though the crude prices are going up, I believe people will not get it much higher than what it is today, N1,200.
“It might be even a little bit lower, but that can help quite a lot because if you are transporting locally-produced goods and you were paying N1,650, now you are spending two-thirds of that amount, N1,200. It’s a lot of difference. People don’t know.
“This can help bring inflation down immediately. And I’m sure when the inflation figures are out for the next month, you’ll see that there’s quite a lot of improvement in the inflation rate, one step at a time. And I’m sure the government is working around the clock to ensure things get much better,” Dangote added.
He also urged captains of industry to partner with the government to improve the lives of citizens.
“You can’t clap with one hand,” said the businessman, adding, “So, both the entrepreneurs and the government need to clap together and make sure that it is in the best interest of everybody.”

Continue Reading

News

Court Halts Amaewhule-Led Assembly From Extending LG Officials’ Tenure

Published

on

The Rivers State High Court sitting in Port Harcourt has issued an interim injunction directing the maintenance of status quo ante belum following the move by the Martin Amaewhule-led Assembly in Rivers State to extend the tenure of the elected local government councils’ officials.
The Amaewhule-led Assembly, which is loyal to the Minister of Federal Capital Territory, Nyesom Wike, had amended the Local Government Law Number 5 of 2018 and other related matters.
Amaewhule, explained that the amendments of Section 9(2), (3) and (4)of the Principal Law was to empower the House of Assembly via a resolution to extend the tenure of elected chairmen and councilors, where it is considered impracticable to hold local government elections before the expiration of their three years in office.
But the court asked all the parties to maintain the status quo ante belum pending the hearing and determination of motion on notice for the interlocutory injunction.
The court presided over by G.N. Okonkwo also ordered that the claimant/applicant would enter into an undertaking to indemnify the defendants in the sum of N5million should the substantive case turned out to be frivolous.
The court fixed April 22, 2024 to hear the motion on notice for interlocutory injunction.
Okonkwo also issued an order of substituted service of the motion on notice for interlocutory injunction, originating summons and other subsequent processes on the defendants.
The orders were made following a suit filed by Executive Chairman, Opobo-Nkoro, Enyiada Cooky-Gam; Bonny, Anengi Claude-Wilcox; and five other elected council officials challenging the decision of the Amaewhule-led House of Assembly to extend the tenure of local government areas.
Also named as defendants in the suit are the Governor of Rivers State, the Government of Rivers State and the Attorney-General of Rivers State.
The claimants/applicants are praying the court for a declaration that under section 9(1) of the Rivers State Local Government Amendment Law number 5 of 2018 the tenure of office of the chairmen and members of the 23 local government councils of Rivers State is three years
A declaration that the tenure of office of the elected chairmen and members of the local government areas would expire on the 17th of June 2024 having commenced on the 18th of June 2021 when they were sworn in.
A declaration that the defendants cannot in any manner or form extend the tenure of office of the chairmen and members of the local government areas after the expiration of their tenure.
An order of perpetual injunction restraining the defendants from extending the tenure of office of the chairmen and members of the local government areas.
An order of perpetual injunction restraining the 28th, 29th and 30th defendants (the Governor, the Government House and the Attorney-General) from giving effects to any purported extension of the tenure of the chairmen and members of the local government areas.
They also prayed for an order of interlocutory injunction directing all the defendants to maintain the status quo by not elongating the three-year tenure of the chairmen and councilors.
The claimants further sought an order of interlocutory injunction restraining the defendants from extending the tenures of the chairmen and the councilors.

Continue Reading

News

Nigeria’s Inflation Rate’ll Drop To 23% By 2025 -IMF

Published

on

In a recent release of its Global Economic Outlook at the International Monetary Fund/World Bank Spring Meetings in Washington D.C., on Tuesday, the IMF provided projections for Nigeria’s economy, indicating a significant shift in inflation rates.
Division Chief of the IMF Research Department, Daniel Leigh, highlighted the impact of Nigeria’s economic reforms, including exchange rate adjustments, which have led to a surge in inflation rate to 33.2 percent in March.
Nigeria’s inflation rate rose to 33.2 percent according to recent data released by the National Bureau of Statistics.
Also, the food inflation rate increased to over 40 per cent in the first quarter of 2024.
Leigh stated, “We see inflation declining to 23 per cent next year and then 18 percent in 2026.”
This is however different from the fund’s prediction of a new single-digit (15.5 per cent ) inflation rate for 2025 which it predicted last year.
He further elaborated on Nigeria’s economic growth, which is expected to rise from 2.9 percent last year to 3.3 percent this year, attributing this expansion to the recovery in the oil sector, improved security, and advancements in agriculture due to better weather conditions and the introduction of dry season farming.
The IMF official also noted a broad-based increase in Nigeria’s financial and IT sectors.
“Inflation has increased, reflecting the reforms, the exchange rate, and its pass-through into other goods from imports to other goods,” Leigh explained.
He added that the IMF revised its inflation projection for the current year to 26 percent but emphasised that tight monetary policies and significant interest rate increases during February and March are expected to curb inflation.
An official of the IMF Research Department, Pierre Olivier Gourinchas commented on the global economic landscape, mentioning that oil prices have risen partly due to geopolitical tensions, and services inflation remains high in many countries.
Despite Nigeria’s inflation target of six to nine percent being missed for over a decade, Gourinchas stressed that bringing inflation back to target should be the priority.
He warned of the risks posed by geo-economic fragmentation to global growth prospects and the need for careful calibration of monetary policy.
“Trade linkages are changing, and while some economies could benefit from the reconfiguration of global supply chains, the overall impact may be a loss of efficiency, reducing global economic resilience,” Gourinchas said.
He also emphasised the importance of preserving the improvements in monetary, fiscal, and financial policy frameworks, particularly for emerging market economies, to maintain a resilient global financial system and prevent a permanent resurgence in inflation.

Continue Reading

Trending