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Saraki Gives C’ttee 48hr- Deadline To Submit Budget Report …Senate Approves N1.64trn New Borrowing To Fund Deficit …Passes Police Trust Fund Bill

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Senate President Bukola Saraki, yesterday, gave the Appropriations Committee till Thursday to submit the 2019 budget report.
The Vice Chairman of the Appropriations Committee, Sunny Ogbuoji told the Senate that only 24 out of 61 sub-committees had submitted their reports.
Saraki insisted that the budget report must be presented on Thursday, April 11, ahead of the April 16 approval of the money bill.
The Senate President noted the Appropriations committee will be forced to use Executive submissions if the sub-committees fail to submit their reports to the Committee by Wednesday.
Saraki said, “It is unfortunate that only 24 committees have submitted their reports. Last week, we all took a decision here that we are not going to waiver on our position. Our position is very clear: that all committees should submit (their budget reports). And those that don’t submit, then the Appropriations Committee should use the Executive submission.
“That position is still where we are. And I want to appeal to all our committees that you really have just till tomorrow (Wednesday) to make sure that your reports get to the Appropriations Committee because Thursday, you must lay this report.
“Vice Chairman of Appropriations Committee, if you don’t get report from our committees by tomorrow (Wednesday), then you just use the submission of the Executive. But come Thursday, you must lay that report.”
It would be recalled that President Buhari, had presented the N8.83 trillion budget proposal to a joint session of the National Assembly on December 19, 2018.
However, the Senate, yesterday, adopted N1.64 trillion proposed by the Executive as the amount for new borrowing to fund the 2019 budget deficit.
The upper chamber also approved the proposed N500 billion special social intervention fund.
The adoptions were parts of the 2019-2021 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) passed yesterday by the upper chamber.
President Muhammadu Buhari sent the MTEF/FSP to the National Assembly on November 6, 2018 for consideration and approval.
The passage of the MTEF/FSP came as the Senate is set to receive the report of the 2019 budget from its Appropriation Committee.
The Senate adopted all the critical projections in the MTEF/FSP as proposed by the Executive.
The MTEF/FSP an annual rolling three year-expenditure plan sets out the medium-term expenditure priorities and provides the basis for the preparation of the annual national budget.
The Senate Committee on Finance, which considered the MTEF and FSP, presented its recommendations for adoption by the Senate in plenary.
Apart from the adoption of N1.64 trillion as the amount for new borrowing to fund the budget deficit, the Senate advised relevant agencies to continue to explore ways of generating additional revenues for government to bring down the fiscal deficit.
It said that the Federal Government should harness the full optimal potential of the ministry of Mines and Steel Development in terms of revenue generation to minimize the level of new borrowing.
It also said that the Federal Government should consider reducing the granting of waivers and exemptions while ensuring that the Nigerian Customs Service personnel were at all oil terminals for accountability.
The Federal Inland Revenue Service, it said, should consider increasing tax on luxury goods and services.
On the N5,000 special social intervention fund, the Senate asked for the cooperation of relevant committees in the National Assembly and other relevant MDAs in ensuring that the funds are judiciously utilized to provide tangible impact of the funds on the Nigerians.
The Senate retained the oil output of 2.3 million barrel per day, oil price benchmark of $60 per barrel, exchange rate of N305/$1, GDP Growth rate of 3.0per cent and Inflation growth rate of 9.98per cent.
Other Executive proposals for 2019 also adopted by the Senate included: proposed expenditure of N8.83 trillion, FGN retained revenue N7.92 trillion, fiscal deficit N1.86 trillion, new borrowings N1.65 trillion, statutory transfers N492.4 billion, debt service N2.14 trillion, Sinking Fund N120 billion, total recurrent (non-debt) N4.72trillion, personnel costs (MDAs) N2.29 trillion, capital expenditure N2.86 trillion, Special Intervention N500billion.
The committee said that crude oil production output stood at 2.0 million barrels as of December 2018.
According to the committee, the 2.3million daily target is achievable “due to the continuous efforts of all stakeholders in checkmating the issues of oil facilities vandalism and other vices associated with such regard.”
The committee which recommended exchange rate of N305/$1, asked the Central Bank of Nigeria (CBN) “to continue adopting strategies that will aid the strengthening of the naira and bridging the gap between the official and parallel market rate of the foreign exchange.”
The Senate also, yesterday, passed the Nigerian Police Trust Fund Bill (HB 1583).
Recall that last week, the President of the Senate, Dr. Abubakar Bukola Saraki, had promised the Inspector General of Police, Mr. Mohammed Abubakar Adamu, that the Senate would fast-track its work on both the Police Trust Fund Bill and the Police Reform Bill.
Reacting to the Senate’s passage of the Bill, which has also been passed by the House of Representatives, Saraki said: “By passing this bill, we will be creating big strides towards providing and improving security and the policing in our country.
“One of the major concerns has always been the issue of funding. We believe that this bill will provide the funding needed for training and recruitment. I am confident that by the time we lay the report on the Police Reform Bill, we would have gone a long way in moving the police in the right direction,” the Senate president said.
Similarly, the Senate, yesterday, confirmed the appointment of Maj.-Gen. Paul Tarfa (rtd) as Chairman of the North East Development Commission (NEDC).
The Senate also confirmed the appointment of Mohammed Alkali as the Managing Director and Chief Executive Officer of the NEDC, alongside nine members.
This followed presentation of report by Chairman, Senate Committee on Special Duties, Sen Abdul Aziz Nyako on confirmation of nominations into the board of the commission.
The other nominees are Musa Yashi as Executive Director Humanitarian Affairs; Muhammed Jawa as Executive Director Administration and Finance; Omar Mohammed as Executive Director Operations.
Others are David Kente, member representing North-East Zone; Asmau Mohammed, member representing North-West Zone; Benjamin Adanyi, member representing North-Central Zone.
Still others are: Olawale Oshun, member representing South-West Zone; Dr. T. Ekechi, member representing South-East; and Obasuke McDonald, member representing South-South.
Contributing, Sen Binta Masi (APC-Adamawa) observed that the Managing Director and Chief Executive Officer was from Borno State, while the headquarters of the commission was also domiciled in Borno.
She noted that in the spirit of fairness, other states facing insurgency should have been considered.
Masi noted that late Sen Ali Wakili suggested that the headquarters be domiciled in Bauchi State, but the request was turned down to allow for more negotiations, and wondered why the decision was made in favour of Borno.
In response, Nyako said the observation made by Masi was paramount, but indicated that the decision was reached during Senate and House of Representatives conference.
He said, “Recall that in our bill, we left that issue open and during the hearing, we agreed that if the headquarters should be in Borno, someone from elsewhere should be chief executive officer.
“It was the House bill that came with zoning within Borno. They had overwhelming votes in support of that during our conference and in the spirit of democracy we had to succumb.”
The Deputy Leader, Sen. Bala Na’Allah, also noted that the observation made by Masi was genuine but noted certain situations could warrant a change.
He said, “the citing of the headquarters is because the entire country associated the beginning of insurgency to Borno and other most affected states are Adamawa and Yobe states.
“So, chairman for the commission is from Adamawa and choice of Alkali is for certain convenience, which is required to galvanise support with the least inconvenience.
“Also, it should be noted that the action of the Executive led to choice of Alkali while citing of the NEDC in Borno is legislative action and in the spirit of cooperation among arms of govt we should let that go and confirm them.”
The Leader of the Senate, Ahmad Lawan, congratulated the National Assembly for passing the bill and the Executive for assenting to it and sending the list of board nominees for confirmation.
“The people nominated here are qualified and experienced and prepared to hit the ground running.
“So, I urge the committee to monitor the commission’s take-off to ensure that right things are done.
“We have learnt from issues of non smooth take-off of the Niger Delta Development Commission, so that the NEDC will learn from that. The commission needs urgent take off,” Lawan submitted.
The Deputy Senate President, Ike Ekweremadu, also congratulated the nominees.
He said the emergence of the commission was a sign that the National Assembly had concerns for happenings in Nigeria irrespective of region and other indices.
“The NDDC bill was initiated in the National Assembly. It was vetoed by the Executive, but we overturned the veto.
“It is the same spirit that led to the initiation of the NEDC. The smooth running of NDDC is due to so much protocol.
“So, from the day one of the take-off of NEDC, the National Assembly should start oversight to give life to North East and hope to other Nigerians doing business in those areas and I hope the pioneers would lay good example,” Ekweremadu said.
In his remarks, President of the Senate, Dr. Bukola Saraki, congratulated the nominees, and urged them to hit the ground running.
He also emphasised the need for oversight of the commission to ensure proper implementation of projects.

 

Nneka Amaechi-Nnadi, Abuja

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China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle

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The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.

Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.

Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.

He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”

The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.

Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.

He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.

By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.

 

He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.

He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.

Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.

He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.

He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.

Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.

“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.

 

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Tinubu Nominates Ex-INEC Chair Yakubu, Fani-Kayode, Omokri, 29 Others As Ambassadors

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President Bola Tinubu has sent the names of 32 ambassadorial nominees to the Senate for confirmation, days after he sent the first batch of three names.

Among them are the immediate past chairman of the Independent National Electoral Commission, Mahmud Yakubu, an aide to former President Goodluck Jonathan, Reno Omokri (Delta), and former Enugu State Governor, Ifeanyi Ugwuanyi, among others.

“In two separate letters to the Senate President, Godswill Akpabio, President Tinubu asked the Senate to consider and confirm expeditiously 15 nominees as career ambassadors and 17 nominees as non-career ambassadors,” read a statement on Saturday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga.

In the statement titled, ‘Tinubu nominates 32 additional ambassadors,’ Onanuga noted, “There are four women on the career ambassadors’ list and six women on the non-career ambassadors’ list.”

“Among the non-career ambassador designates are Ogbonnaya Kalu from Abia, a former presidential aide, Reno Omokri (Delta), former chairman of the Independent National Electoral Commission (INEC), Mahmud Yakubu, former Ekiti first lady, Erelu Adebayo, and former Enugu governor, Ifeanyi Ugwuanyi.

“Others are Tasiu Musa Maigari, the former speaker of the Katsina House of Assembly, Yakubu N. Gambo, a former Commissioner in Plateau State and former Deputy Executive Secretary of the Universal Basic Education Commission.

“Professor Nora Ladi Daduut, a former senator from Plateau; Otunba Femi Pedro, a former Deputy Governor of Lagos State; Femi Fani-Kayode, a former aviation minister from Osun State; and Nkechi Ufochukwu from Anambra State are on the nomination list,” the statement read.

Also on the list are former First Lady of Oyo, Fatima Florence Ajimobi, former Lagos Commissioner, Lola Akande, former Adamawa Senator, Grace Bent, former governor of Abia, Victor Okezie Ikpeazu, Senator Jimoh Ibrahim, businessman, lawyer and Senator from Ondo State, and the former ambassador of Nigeria to the Holy See, Ambassador Paul Oga Adikwu from Benue State.

Among the nominees for career ambassador and high commissioner-designates are: Enebechi Monica Okwuchukwu (Abia), Yakubu Nyaku Danladi (Taraba), Miamuna Ibrahim Besto (Adamawa), Musa Musa Abubakar (Kebbi), Syndoph Paebi Endoni (Bayelsa), Chima Geoffrey Lioma David (Ebonyi) and Mopelola Adeola-Ibrahim (Ogun).

The other nominees are Abimbola Samuel Reuben (Ondo), Yvonne Ehinosen Odumah(Edo), Hamza Mohammed Salau (Niger), Ambassador Shehu Barde (Katsina), Ambassador Ahmed Mohammed Monguno (Borno), Ambassador Muhammad Saidu Dahiru (Kaduna), Ambassador Olatunji Ahmed Sulu Gambari (Kwara) and Ambassador Wahab Adekola Akande (Osun).

“The new nominees are expected to be posted to countries with which Nigeria maintains excellent and strategic bilateral relations, such as China, India, South Korea, Canada, Mexico, the United Arab Emirates, Qatar, South Africa, Kenya, and to Permanent Missions such as the United Nations, UNESCO, and the African Union.

“All the nominees will know their diplomatic assignments after their confirmation by the Senate,” it read.

Last week, Tinubu sent three ambassadorial nominees for screening and confirmation.

The nominees were Ambassador Ayodele Oke (Oyo), Ambassador Amin Mohammed Dalhatu (Jigawa), and Retired Colonel Lateef Kayode Are (Ogun).

All three are in the pot for posting to the UK, USA, or France after their confirmation.

“More nominees for ambassadorial positions will be announced soon,” Onanuga revealed.

 

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Investment In Education Remains Top Priority For Gov Fubara – SSG

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The Secretary to Rivers State Government, Dr. Benibo Anabraba, has reiterated that the administration of Governor Siminalayi Fubara remains committed to improving access to quality education at all levels.

Dr. Anabraba gave the assurance while receiving the Deputy Registrar/Zonal Coordinator of the West African Examinations Council (WAEC), Mr Ayanfemi Adeniran-Amusan in Port Harcourt during a courtesy visit.

He emphasised that Governor Fubara remains resolute in sustaining investment in the education sector to improve the quality of teaching and learning.

According to him, “We appreciate the work you are doing and know that our students are amongst the highest in ranking.

“His Excellency, Sir Siminalayi Fubara, takes education very seriously. He is sponsoring the free registration of students for the West African Senior School Certificate Examination (WASSCE) in Government Schools.

“Also, Governor Fubara has approved the establishment of Computer-Based Test (CBT) Centres across the State’s three senatorial districts and the 23 LGAs. The project is intended to improve access to digital learning and examination facilities for students so that our children are at breast with digital literacy, a prerequisite for today’s students.

“We are currently working assiduously to get those centres, both mega and mini, across the three senatorial districts and the 23 local government ready in order to meet up with your deadline,” he said.

The SSG also conveyed the assurances of the Governor to WAEC on Government’s willingness in providing land for its Zonal Office.

Earlier, the Deputy Registrar/Zonal Coordinator of the West African Examination Council, Mr Ayanfemi Adeniran-Amusan, promised to collaborate with the State Government in matters concerning education development.

In another development, the Secretary to State Government, Dr Benibo Anabraba, also met with officials of the National Agency for the Prohibition of Trafficking in Persons, NAPTIP, led by the Assistant Director of Intelligence, Rivers State Command, Barr. Ikediashi Nwamaka.

The SSG while appreciating the Agency for its effort in the protection of vulnerable persons, also raised Government’s concern on the activities of orphanages and care homes in unwholesome practices such as child trafficking, abuse of underaged girls also known as baby-factory, and the lack of regulations on surrogacy.

He however assured that the Rivers State Government has already put plans in place towards legislation to regulate these acts against vulnerable persons, particularly women and children.

 

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