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Senators Slam FG’s 2018 Budget – Say Projections Unrealistic
Senators yesterday rejected the projections upon which the 2018 budget is based, declaring the projections as unrealistic.
The lawmakers, who commenced the debate on the general principle of the budget said that the implementation of the 2017 budget left so much to be desired.
Senator Enyinnaya Abaribe (PDP, Abia South) who opened the floor of the debate caused an uproar when he declared that the 2018 budget was ‘fictitious, adding that the budget is not consolidating on the 2017 budget.
The Senator said that the N8.612 trillion 2018 budget does not consolidate on the 2017 and 2016 budgets as claimed by President Muhammadu Buhari during the 2018 budget presentation.
The lawmakers also decried what they called the abysmal implementation of the N1.2 trillion capital component of the 2017 budget. The Senators also faulted the parameters contained in the 2018 budget especially the oil benchmark of $45 per barrel, adding that it should be jerked up to about $50. Senator Abaribe drew the ire of some senators, especially Senate Leader, Senator Ahmed Lawan who stated that the use of the word ‘fictitious’ was unparliamentary.
The Abia Senator then agreed to withdraw the contentious word but replaced the same with the word ‘imaginary’ even as he maintained that the implementation of the budget was very low.
He said: “I am just quoting the Senate Leader from his speech, which said the 2018 budget was designed to consolidate on the achievements of the 2016 and 2017 budgets. What was done in 2017 when less than 15 per cent of that budget was released? Nothing was done and that was why I called it (2018 budget proposal) fictitious. I am very sorry if that is the word he is bothered about. I will withdraw the word ‘fictitious’ and use ‘totally imaginary.” According to Abaribe, the receivables (revenue) in the budget were being exaggerated, adding that the revenues were only one-tenth of the figures being claimed by the government. He stated that the budget was being predicated on parameters that have been destroyed by facts available.
Senator Ben Murray Bruce (PDP Bayelsa East) in his own contribution said that the 2018 budget proposal is a “budget of active imagination,” as according to him, the budget is already committing 25 percent to debt servicing.
He said: “We have to decide what the exchange rate really is. Is it N305 (to US$1) or N365?” Murray Bruce stated that the cost of governance in Nigeria remains very high, adding that agencies that have outlived their usefulness still remain on government’s payroll.
He said: “FRCN (Federal Radio Corporation of Nigeria) has 8000 workers. Sell it to the staff. Who listens to the Voice of Nigeria (VoN)?” He said that while it was commendable that the Ministry of Transport and Chinese Firms were working on the multi-billion dollar rail projects, the Senate should take deep looks at the intricate details.
“We have steel, Ajaokuta is there. Why don’t we use that facility and create jobs through that,” he said.
Senator George Akume, who also contributed said that the oil benchmark should be increased to $50 because crude oil price has increased to between 58-$62 per barrel.
Deputy Senate Whip, Senator Francis Alimekhena (APC Edo North) told the Senate that the 2016 and 2017 budgets were bloated, adding that they lacked impact on the people.
He stated that it was unrealistic to assume that about N2 trillion would be realised from oil revenue and N4 trillion from non-oil revenue.
He also supported the increase of the budget benchmark to $50 while output is maintained at 2million barrels per day as in the 2017 budget.
The senator said: “There is no need to raise the hope of Nigerians and execution is zero. Let’s cut our coat according to our cloth. If the budget size is N3 trillion and execution is N3 trillion (100 percent), we will be happier than to say it is N8 trillion and execution is just N2 trillion.”
Senator Gbenga Ashafa (APC Lagos East) who also contributed said that only the sum of N450 billion has so far been released in the capital votes of 2017 budget.
He stated that the key issue with the 2016 and 2017 budgets was the question of funding which he said made the budgets less impactful.
He said: “A budget can be big and bloated, but when you do not have enough funds for capital projects which are more impactful, then the budget is going nowhere.” The senator cited the example of the Federal Roads Maintenance Agency (FERMA), which he said only N800 million has so far been released out of its 2017 appropriation of N25 billion.
Ashafa said: “What impact would that make on roads,” adding that only N500 million has so far been released out of the N11 billion budget of the Nigeria Railways Corporation (NRC).
Deputy Senate President, Senator Ike Ekweremadu, who presided over the sitting, said that there is an urgent need to reconsider the budget deficit projections.
He said: “I thank everyone for their contributions, I commend my colleagues for keeping their language clean and speaking their mind on the 2018 budget debate. “Some research agencies are not researching anything and are still being funded, we need to point them out so we don’t spend money on them.”
Meanwhile, the House of Representatives has announced that it will suspend plenary from tomorrow.
This is to allow members proceed on oversight assessment of the 2017 budget and hold defence sessions for the 2018 budget.
The suspension will last for three weeks.
The Deputy Speaker of the House, Mr. Yussuff Lasun, who presided over proceedings, yesterday, made the announcement as debate on the budget began at the floor of the House, yesterday.
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Fubara Seeks Full Resolution Of Bille Gas Leakage …Pledges Upgrade Of Community Health Centre
Rivers State Governor, Sir Siminalayi Fubara, has demanded quick and full resolution to the challenges arising from the gas leakage that occurred in Bille, Degema Local Government Area of the State.
The governor has also pledged to upgrade the Primary Healthcare Centre (PHC) in Bille with a view to addressing the health challenges confronting the community.
Fubara made the pledge on Wednesday at the Government House, Port Harcourt during an enlarged meeting of key stakeholders, comprising representatives of the Federal Government, the state government and leaders of the community.
The meeting was held to review the situation in the community and explore available opportunities to save the people from the adverse impacts of environmental pollution.
Addressing the journalists at the end of the meeting, the governor acknowledged the determination of the Federal Government and its agencies to get to the root cause of the problem in Bille and ensure that it is resolved permanently.
“The meeting is in respect of the situation in Bille. You’re aware that there is a case of gas leakage somewhere in Bille and the people have been making some requests that the government should come to their rescue to resolve the situation.
“As a state, we have gone to see the situation in the community, not alone but in conjunction with the industry operators and officials of the Federal Ministry of Petroleum Resources. What we are doing today is an enlarged meeting where all the parties are sitting together to look at the cause of the issue and the most possible way to get the problem resolved,” he said.
Fubara described the outcome of the meeting as successful, stressing that more action would be taken in the next couple of weeks to ensure that the issue is fully resolved.
The Minister of State, Petroleum Resources (Gas), Hon Ekperikpe Ekpo, who led the Federal Government’s delegation to the meeting, expressed appreciation to the governor for his warm hospitality and efforts to address the challenge in Bille community.
Ekpo explained that contrary to the perception in certain quarters, the Federal Government has not been silent over the “gas seepage” but has been working tirelessly towards finding a sustainable solution.
The minister explained that as soon as the incident was reported, the Federal Government deployed experts to the area to understudy the cause of the problem.
According to him, it was difficult at first to understand the cause of the problem since there were no oil or gas infrastructure within the vicinity of the incident, hence the need to conduct a more detailed investigation.
“The investigation is still going but we decided to do a follow-up visit to the area to talk to the people of Bille Community that we need collaboration on their part so that we would be able to arrive at a lasting solution.
“The safety of the people is paramount. We can understand their anxiety, the worry and the danger that this thing poses within the area, but the Federal Government is committed to finding a lasting solution to the problem. The primary responsibility of government is to take care of the welfare and security of the people and that is exactly why we are here to go and see things for ourselves,” he said.
The Chief Executive Officer (CEO), Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, also explained that as the regulatory agency at the centre of the issue, no effort will be spared in the task of resolving the issue.
Eyesan pledged that the NUPRC and operators in the industry were prepared to address the requests of the impacted people in terms of the provision of potable water and fire trucks to the community.
The Public Relations Officer, Council of Chiefs, Bille Kingdom, Chief Rena Dappa, had during the meeting, presented the challenges facing the community and pleaded for government’s support to save the lives and livelihoods of the people.
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Tinubu Unveils Training Programme For 5,000 Metre Installers
President Bola Tinubu has announced the launch of a training programme for 5,000 young Nigerians as meter installers and technicians under the Presidential Metering Initiative.
The President stated that the scheme is aimed at creating jobs, closing the country’s metering gap and improving electricity supply.
The President disclosed this in a statement on his verified X handle yesterday, describing the initiative, tagged “The Power Force,” as part of his administration’s Renewed Hope Agenda to expand employment opportunities for young people.
According to Tinubu, the programme will equip participants with practical technical skills and connect them to employment opportunities in Nigeria’s power sector.
“Through the Presidential Metering Initiative (PMI), which I established to close Nigeria’s metering gap, end estimated billing, protect consumers and strengthen the electricity market, we are opening a new pathway for 5,000 young Nigerians to be trained as meter installers and technicians under The Power Force. This programme is about jobs, skills and dignity,” he said.
Tinubu said the training would be open to eligible Nigerians who have completed their secondary school education, with a dedicated quota reserved for members of the National Youth Service Corps.
He noted that expanding electricity metering was critical to improving service delivery and promoting transparency in the power sector.
“When homes and businesses are properly metered, Nigerians can pay for what they actually use. When electricity distribution companies collect revenues more transparently and fairly, they are better able to reduce losses, maintain infrastructure, expand connections and invest in better service.
“This is how we build a power sector that is fairer to consumers, stronger for investors and better able to deliver reliable electricity to the Nigerian people,” the President said.
Tinubu said he had directed the Presidential Metering Initiative to work with the Federal Ministry of Youth Development, the National Power Training Institute of Nigeria, and other relevant stakeholders to commence the programme within the next 30 days.
He encouraged qualified young Nigerians to apply, saying the initiative would provide them with marketable skills while supporting efforts to eliminate estimated billing and improve electricity access nationwide.
“I encourage eligible young Nigerians to apply. Join The Power Force. Learn a skill. Earn with dignity. Help us end estimated billing and be part of the work to light up Nigeria,” he added.
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Xenophobia: Third Evacuation Flight From S’Africa Arrives Today -FG
The Federal Government has announced that the third evacuation flight for Nigerians voluntarily returning from South Africa will arrive Lagos today having departed Johannesburg at midnight yesterday with 271 returnees on board.
The Ministry of Foreign Affairs disclosed this in a statement issued yesterday by its spokesperson, Mr Kimiebi Imomotimi Ebienfa.
According to the ministry, the Air Peace-operated flight is expected to arrive at the Murtala Muhammed International Airport, Lagos, at about 5:30 a.m. on Friday, July 3, 2026.
It said the evacuation is part of the Federal Government’s ongoing efforts to facilitate the voluntary return of Nigerians from South Africa.
“The third evacuation flight operated by Air Peace will depart Johannesburg today by 12 midnight with 271 returnees. The estimated time of arrival in Lagos is 5:30 a.m. on Friday, July 3, 2026,” the statement read.
The latest batch of returnees follows earlier evacuation flights that brought hundreds of Nigerians back to the country under the Federal Government’s voluntary repatriation programme.
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