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Two Abducted Lecturers Escape From Kidnappers’ Den In Kaduna

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Two Kidnapped lecturers escaped from the kidnappers’ den early morning yesterday in Kaduna State.
Spokesperson of Kebbi Indigenes resident in Kaduna, who doubles as Garkuwan Wakilin Sarkin Zurun Kaduna, Alhaji Garba Muhammad, said this a statement on Sunday afternoon.
Recall that the two brothers, who were lecturers in Ahmadu Bello University, Zaria and Kaduna Polytechnic, Kaduna State were kidnapped few days ago.
Mallam Adamu Chonoko, who lectures in Ahmadu Bello University Zaria was first kidnapped, while his brother, Mallam Umar Chonoko, who lectures at Kaduna Polytechnic, took the ransom demanded by the abductors of his brother to a location described to him by kidnappers, was also held hostage.
The spokesman of Kebbi indigenes in Kaduna said their escape was an act of God and thanked Almighty God for their miraculous escape
His words; “The two siblings and indigenes of Kebbi State have escaped from their kidnappers and arrived the palace of Wakilin Sarkin Zurun Kaduna and were received by the Wakili around 11:51am today (Sunday). We thank Allah for their escape.

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MMA Customs Surpassed Monthly Revenue Target In Q1-Comptroller

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The outgoing Customs Area Controller, (CAC), Murtala Muhammed Airport (MMA) Command, Comptroller Muhammed Yusuf, has said that the command surpassed its revenue target for the first quarter of the year.
Yusuf made the disclosure during his official handing over to the new comptroller of the command in Lagos, yesterday.
He said that the command had consistently surpassed its monthly revenue target of N12 billion in the first quarter of the year under his stewardship.
“We were given N12 billion monthly target in 2024, but with the support of my dedicated officers, we are generating more than the slated target.
“We generated over N14 billion in January and February, while we generated over N16 billion in March.
“I always attribute my success to God because for one to be a good problem solver, you have to be a good listener.
He urged the officer to extend the commitment given to him to the new incoming comptroller to enable customs to surpass the revenue target for the federal government.
Yusuf commended the Comptroller-General of Customs, Bashir Adeniyi, for giving him the opportunity to serve his father’s land.
He also advised the comptroller to have a listing hear and to always encourage the contributions of all officers.
He commended the media as well as the stakeholders for their support, which he said contributed to his success, adding that he prayed to hear good testimony after leaving the command.
In his acceptance message, the new CAC of the command, Comptroller Michael Awe, commended the outgoing CAC for being a team player.
Awe said that he would follow his footsteps and work hard to ensure he surpasses the revenue target of the command.
He said he appreciated the outgone CAC tenacity and peaceful coexistence with officers as well as the stakeholders, adding that he build on the existing structure.
Awe urged officers to always operate within the guideline and procedures of customs to enable them to excel in their operation.
The Deputy Comptroller, Revenue, Nyitamen Iortyer, described Comptroller Yusuf as an understanding boss, adding that his commitment improved the revenue collected in the command.
Iortyer said that in 2023, the command had the highest revenue collected in 2023, which was the highest revenue collected in the history of the command since inception.
He said that in spite of the economic crisis that the command was able to surpass the monthly target continuously from January to March.
Assistant Comptroller of Customs in the command, Mrs CA Nwanchukwu, described Yusuf as a good and supportive boss to work with.
She said the comptroller supported her to tuned her and write up into a book which was published and made available to the customs library.
Nwanchukwu described Yusuf as a peace maker and a team player.
She also wished the new comptroller a successful tenure as she pledged on behalf of officers to double the support given to the former comptroller.

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Nigeria Requires $15bn Annually To Close Infrastructure Gap -Don

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Prof. Joseph Oyedele of the Department of Estate Management, Obafemi Awolowo University(OAU), Ile-Ife, Osun, says Nigeria needs $15 billion annually to fix infrastructural needs of the country.
Oyedele said this while delivering a lecture at the Critical National Assets and Infrastructure summit organised by the Nigeria Security and Civil Defence Corps (NSCDC), Osun Command, on Tuesday in Osogbo.
He said the amount is needed for the next six years to close the infrastructural deficit in the country.
The don, who spoke on the topic “Protection of Critical National Assets and Infrastructure As a Panacea for Underdevelopment”, noted that the country’s infrastructural challenge was huge.
According to him, the significance of critical infrastructure to economic development cannot be overemphasised.
He said that all hands must be on deck in protecting the critical assets and infrastructure, adding that both public and private sectors must collaborate in finding workable solutions to ensure the security of sites of critical national infrastructure.
“Nigeria’s infrastructure challenge is huge. Recent reports suggest that the country requires between 12 billion and 15 billion US dollars annually for the next six years to meet the infrastructure requirements.
“The establishment of NSCDC is therefore one of the measures to protect critical national assets and infrastructure (CNAI) and which is supported by NSCDC Act 2003 and amended NSCDC Act of 2007”, he said.
Also, Speaking, Prof. Olayinka Karin, the Vice-Chancellor of Fountain University, Osogbo, said that community leaders, citizens, law enforcement agencies, among others have critical roles to play in the protection of public infrastructure.
Represented by Prof. Role Lalude, a lecturer in the University, said that public infrastructure must be protected at all cost.
In his remarks, Dr Amintayo Adaralewa, the Osun NSCDC Commandant, called for the collaborative efforts in protecting the public infrastructure.
“It is important to stress that the basic difference between developed and developing countries lies in the sophistication and prioritisation of critical national assets and infrastructure which are now automated, linking man to machines, and sectors to sectors.
“We must be constantly reminded that patriotism is a duty and not a choice.
“For this reason, the clarion call here is for all and sundry to collectively deal with the criminality predisposing national assets to various forms of threats and vulnerabilities,” he said.
Earlier, Vincent Linus, Head of Department, NSCDC Critical National Assets and Infrastructure( CNAI), said the summit was organised to highlight strategic protection plan of the Corps for critical assets and infrastructure.

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FG Now Spends N600bn Monthly On Petrol Subsidy -Rainoil CEO

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The Chief Executive officer, CEO, Rainoil Limited, Gabriel Ogbechie, has said the federal government now spends N600 billion on petrol subsidy monthly.
Speaking during the Stanbic IBTC Energy and Infrastructure Breakfast Session in Lagos, Ogbechie, said the federal government resumed petrol subsidy following the devaluation of the naira in the foreign exchange (FX) market.
He said with the current daily consumption at 40 million litres and the foreign exchange rate at N1,300, the government’s subsidy per litre on petrol falls between N400 and N500.
“When Mr President came last year, one of the things he said is that subsidy is gone and truly, subsidy was gone because immediately, the price of fuel moved from N200 per litre to N500 per litre,” he said.
“At that point, truly subsidy was gone, because officially, naira was exchanging maybe for anything between N450 to N470. But a few weeks later, they merged the exchange rates and naira officially moved to about N750. At that point, subsidy was beginning to come back.
“Again, depending on what the exchange rate was, we could go into an argument on whether the exchange was N750 or N500, or whatever.
“But the moment the two markets officially closed by January this year due to a policy, the CBN came and officially, the market went to about N1300 at that point that conversation was out of the window. There was officially subsidy on petrol.
“If you want to know where petrol should be. Just look at where diesel is. Diesel is about N1300, Petrol is selling for N600. So I can tell you for free top of my head, there is at least N400 or N500 per litre subsidy on petrol today.
“If you look at what our daily consumption say, conservatively 40 million litres a day if you’re spending N500, that’s at least N20 billion every day, N600 billion every month or N7.2 trillion depending on how you look at it. So subsidy is definitely back on petrol.”
According to him, the Nigerian National Petroleum Company (NNPC) being the only petrol importer in the country proves the continued existence of subsidy.
However, he urged the government to prioritise modular refining to improve self-sufficiency in petroleum products.

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