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$1bn Arms Fund: PDP Slams FEC, Urges Buhari’s Sanction …FG Risks NASS’ Wrath If… -Rep

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The Peoples Democratic Party has condemned Federal Executive Council’s approval of $1billion to procure military equipment to fight insurgency, without recourse to the National Assembly.
The party noted this in a statement by its National Publicity Secretary, Mr. Kola Ologbondiyan, yesterday in Abuja.
The money is to be drawn from the Excess Crude Account.
The PDP urged the National Assembly to commence appropriate constitutional legislative actions against the government for unilaterally approving the release of the fund without allowing application of legislative instrument.
It also called on Nigerians to reject the approval, saying it was a renewed attempt to use the money to finance the All Progressives Congress’s national convention and 2019 campaigns.
It expressed concerns that the same administration that claimed to have technically defeated the insurgents still approved such amount to fight insurgency.
“Democracy thrives on constitutional processes of separation of powers, due diligence and transparency and not on totalitarian tendencies.
“We therefore urge the National Assembly to look into the Constitution and impose appropriate legislative instruments if any part of the 1999 Constitution (as amended) has been breached by this unilateral decision.
“We further urge the National Assembly to scrutinise the Constitution and other statute books for the purposes of strengthening the laws guiding the application of funds in our country.”
The party also demanded an independent investigation into the processes of release and utilisation of all special funds for war against insurgency in the last three years.
Meanwhile, the Peoples Democratic Party (PDP) has urged Nigerians to reject the recent approval of $1 billion (approx. N370 billion) for the purchase of arms by President Muhammadu Buhari. The opposition party also urged the National Assembly to commence appropriate constitutional legislative actions against President Buhari for gross misconduct in unilaterally approving the release of the funds without recourse to the lawmakers.
The party in a statement yesterday by its National Publicity Secretary, Kola Ologbondiyan, described the approval as a “renewed attempt by the Presidency to loot $1billion.”
This money, it added, would be used by the government to finance Mr Buhari‘s “interests in the upcoming All Progressives Congress (APC)’s national convention and 2019 election campaign.”
The Minister of Defence, Mansur Ali, revealed yesterday while speaking with journalists at the end of a security meeting that Mr Buhari had approved the release of $1 billion to Nigerian Defence authorities for the purchase of security equipment to fight insecurity in the country.
According to the PDP, its investigation revealed the presidency “willfully sidestepped the National Assembly so as to avoid legislative scrutiny and accountability to pave way for the diverting of the fund for selfish partisan purposes.”
“It is a notorious fact that the presidency and the APC have been plotting to loot this $1 billion from our heavily depleted Excess Crude Account (ECA) since last year, using the guise of fight against insurgency.
“This is the same Buhari administration that has been boasting of having technically defeated the insurgents. This is also an administration that is not known to have exhausted subsisting budgetary allocations for defence.
“Democracy thrives on constitutional processes of separation of powers, due diligence and transparency and not on totalitarian tendencies. PDP believes the President, as a leader, reasonably ought to have known that he is in no way above the law.”
Similarly, the Chairman, House Committee on Army, Rimande Shawulu, has warned of the grave consequences that await the non-confirmation by the National Assembly of President Muhammadu Buhari’s $1 billion for the procurement of arms.
The Executive Arm of Government had said the money was meant to procure arms to help address insurgency and other insecurity in the country.
Shawulu, who made this known in an interview with journalists, said President Muhammadu Buhari lacked the constitutional powers to approve money for arms procurement without the mandate of the legislature.
He warned that any such move was bound to generate more trouble between the presidency and the National Assembly.
The federal lawmaker, while reacting to reports quoting the Minister of Defence, Mansur Dan-Ali, that President Buhari had approved the sum of $1 billion for procurement of arms to battle insecurity in the country said, there would be serious trouble if any money goes out for such purpose without approval from the Parliament.
Hon. Shawulu, who represents Donga/Ussa/Takum/Special Area Constituency of Taraba State in the National Assembly, spoke to journalists shortly after declaring open the Second Procurement Awareness Seminar, organised by the Directorate of Procurement, Army Headquarters, as a Special Guest of Honour.
Defence minister, Mansur Dan-Ali had, in an interview with State House correspondents said, “I can inform you that of recent, our leader, President Muhammadu Buhari, gave approval for the purchase of more equipment for the military, worth $1 billion.”
But reacting to reporters’ questions who had sought his reaction on the reported approval President Buhari, Shawulu said, “The fact of the matter is that there are processes for money coming into the federation acounts and for the money being used.
“And the point too that we must note is that a lot of times, pronouncements are policy statements and the policy statements are not just executed, it’s not as if as at yesterday, when the announcement was made, the federation account was debited. No, it doesn’t happen that way.
“When the president says he’s going to spend money, there’s a process that is followed before the money is spent. So I want you to understand that, it’s not as if money has gone out.
“However, if money has gone out without parliamentary approval, that’s is a problem, it’s a very serious problem if money went out without parliamentary approval. “
Speaking at the occasion, the Chief of Army Staff (COAS), Lieutenant- General Tukur Buratai, in his address, maintained that the operational capability of the Nigerian Army today depends on the availability of requisite hardware, highly trained personnel and other essential resources.
Gen. Buratai said that in the past few years, the Nigerian Army “has no doubt taken robust steps and emplaced policies in enhancing its Procurement plans and processes with a view to meeting its overarching constitutional roles.
He said the theme for this year’s seminar” Optimising the Operational Capabilities of the Nigerian Army through an Effective Procurement System”, was quite unique and significant, especially in view of the accute need to strengthen the capacity of the Nigerian Army towards meeting the present growing security challenges.
Moreso, President Muhammadu Buhari has approved the purchase of military hardware worth $1billion for the use of the Nigerian Armed Forces.
The President gave the approval during a meeting with the Minister of Defence, Brig-Gen Mansur Dan-Ali (rtd), and the service chiefs at the Presidential Villa in Abuja.
Dan-Ali disclosed this to State House correspondents shortly after the meeting which also discussed the safe release of Leah Sharibu, the last of the Dapchi schoolgirls still in Boko Haram captivity.
According to him, the meeting also discussed security situations across the country and the steps being taken to mitigate them.
The minister further gave more updates on the fund approved by President Buhari.
He said the money was the same approved by the state governors to be withdrawn from the Excess Crude Account to fight insurgency in the country.
Others at the meeting include the Chief of Defence Staff, Gen Abayomi Olonosakin, and the Chief of Army Staff, Lt-Gen Tukur Buratai.
Also present were Chief of Naval Staff, Vice Admiral Ibok-Ete Ibas; Chief of Air Staff, Air Marshal Sadique Abubakar, and the Inspector General of Police, Ibrahim Idris.

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FG Targets Production Of Locally Made Vehicles By Dec

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The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, has affirmed that Nigeria now has the capacity and materials to manufacture Made-In-Nigeria cars for local use and export.
With the enabling environment being provided by the government, she said manufacturers should be held responsible if the cars are not rolling out by December 2024.
Currently, Nigeria produces less than 10 per cent of the vehicles used in the country.
Last year, Nigeria’s vehicle assembling industry, estimated to be worth around N302billion, tanked to a new low due to increasing production costs and weakened demand for locally assembled automobiles.
According to the Manufacturers CEOs Confidence Index, activities of motor vehicles and miscellaneous assembly deteriorated further below the benchmark (50 points) from 48.6 to 46.7 points.
But speaking at the Automotive Component Manufacturers meeting in Abuja, she noted that the automobile industry is faced with both challenges and opportunities.
A statement issued last Friday by the Director of Information and Public Relations, Adebayo Thomas, said, “In a significant move aimed at fostering sustainable growth and development in Nigeria’s automobile industry, the Federal Government has issued a clarion call to all stakeholders, including manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem.
“The call comes as part of a broader strategy to enhance the sector’s contribution to the nation’s economy.”
Encouraging the stakeholders to key into the Nigerian Automotive Development Policy, the Minister said, “As far as we are concerned, the auto industry is now set to go.
“We are counting on all stakeholders to make that happen. If we do not produce made-in-Nigeria cars before the end of this year (December), it will be your fault, because I am sitting down here giving you all the assurances that this administration has created the enabling environment to make sure that the auto policy kicks off.”
Anite emphasised the need for collaboration among manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem, saying by working together, they can address challenges, streamline processes, and drive innovation.
She also urged stakeholders to maintain high-quality standards across the board, including vehicle manufacturing, safety features, emissions control, and after-sales services.
Stringent adherence to quality, she said, will boost consumer confidence and attract investment.
The minister assured all that the government would continue to encourage increased investment in research and development, adding that, innovations in electric vehicles, fuel efficiency, and alternative energy sources are critical for long-term sustainability.
On local content, she also emphasised the importance of promoting local content by sourcing materials and components locally.
By doing this, she said, the sector can create jobs, reduce import dependency, and contribute to economic diversification
In his introductory comments, the ministry’s Permanent Secretary, Nura Rimi, emphasised the significance of team action and shared vision as outlined in the Nigerian Automotive Development Policy.
He also urged stakeholders that the country “will overcome obstacles and unleash the full potential of Nigeria’s automotive component sector.”
He encouraged NADDC and other stakeholders to use the chance to form alliances, explore new areas of collaboration, and devise ways to catapult the automotive components manufacturing industry to new heights of success.
The statement added, “The government’s charge underscores the pivotal role stakeholders play in shaping its trajectory. Their commitment to sustainable practices will drive Nigeria’s automotive sector towards a brighter and more prosperous future.
“Environmental Responsibility: Stakeholders are reminded of their environmental responsibilities. Sustainable practices, recycling, and eco-friendly manufacturing processes are essential for a greener future.”

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Waive Tax On Electronic Imports, Women Engineers Appeal To Tinubu

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The Association of Professional Women Engineers of Nigeria (APWEN), Lagos Chapter, has called on President Bola Tinubu to exempt the importation of electronic components from taxation for inventive engineers.
Chairman of APWEN, Ms Atinuke Owolabi, said this a in statement yesterday in Lagos, in commenration of the 2024 World Creativity and Innovation Day, with the theme: “Step Out and Innovate”.
The Tide source reports that World Creativity and Innovation Day is a global UN Day, celebrated on April 21, to raise awareness about the importance of creativity and innovation in problem solving.
This is with respect to advancing the United Nations’ sustainable development goals, also known as the global goal.
Owolabi explained that such a measure would significantly enhance technological progress, support local innovators, and elevate Nigeria as a leading hub for innovation globally.
She stated that in a world marked by dynamic challenges and unprecedented opportunities, creativity and innovation stand as the driving forces behind progress and transformation.
According to her, women engineers recognise the critical role that innovation plays in shaping our societies and driving sustainable development.
”On this occasion, we affirm our commitment to fostering a culture of creativity and innovation within our organisation and the broader engineering community.
”Together, let us step out, innovate, and inspire the next generation of women engineers to reach even greater heights of achievement and impact.
”We believe that by stepping out of our comfort zones and embracing new ideas, technologies, and approaches, we can unlock innovative solutions to the complex challenges facing our world today,” she said.
According to her, the theme: ‘step out and innovate’, serves as a call to action for women engineers everywhere to break barriers, challenge conventions.
She noted that it would also pioneer groundbreaking solutions that would propel them toward a brighter and more sustainable future.
Owolabi disclosed that in celebration of the World Creativity Day, APWEN Lagos had inaugurated an artificial intelligence club tailored for female engineering students and young engineers.
She said that the proactive initiative aimed to inspire and equip young engineers with cutting-edge technological insights.
Th chairman said, “Additionally, we already have a 200-capacity hall to set up a resource, technology, and innovation hub to empower women and girls in engineering.
”This endeavour serves as a catalyst for encouraging aspiring female engineers to embrace innovation and stay abreast of emerging trends in the field.
”APWEN Lagos stands united in its dedication to promoting diversity, inclusivity, and excellence in engineering.
“We encourage all female engineers to seize this opportunity to unleash their creativity, explore new frontiers, and make an indelible mark on the world.”

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Pan-Igbo Group Hails Dangote Group For Reducing Diesel Price

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A pan-Igbo group, Ndigbo Unity Forum (NUF), has commended the Chairman of the Dangote Group, Alhaji Aliko Dangote, and his management for reducing the price of diesel from N1,600 to N,1000 per litre.
The Tide’s source reports that diesel is the major fuel used by heavy duty vehicles and generating sets to transport goods as well as run industries across the country.
The President of NUF, Mr Augustine Chukwudum, told The Tide’s source in Enugu, yesterday, that Dangote’s timely response to suffering masses of Nigerians, going through hell to get a meal a day, “is highly commendable”.
According to Chukwudum, Nigerians need to appreciate the patriotism of Dangote since what he has done will go a long way in reducing prices of goods, especially food stuff which has gone out of the reach of the poor.
He called on Nigerians, who wish and pray always for the betterment of the country, to appreciate and thank God for answering their prayer through Dangote’s move.
“It is clear that if Dangote Refinery starts fully and gets all the crude oil needed from Nigeria, the prices of petrol, kerosene and diesel will further reduce.
“We commend President Bola Tinubu for being a listening President and supporting the Dangote Group on our crude oil needs.
“We appeal to Tinubu to encourage Dangote by providing the company with crude oil at a reduced rate as we have been demanding,” he said.
Chukwudum said that this move and subsequent further reduction, would bring industries in comatose back to life, jobs created for unemployed youths and reduction in crime as well.
“We call on governors of oil-producing Anambra, Imo and Abia States to bring investors, who shall build refineries in each of the states to refine thousands of barrels of crude in commercial quantities,” he said.

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