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Bayelsa Confirms Receipt Of N27.5bn Refund From FG

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4 years ago

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The Bayelsa State Government has confirmed the receipt of N27.5billion infrastructure refund from the Federal Government as against N38 billion being speculated.
The Technical Adviser on Treasury and Accounts, Mr Timipre Seipulo who disclosed this over the weekend during the transparency briefing on funds inflows and outflows said the state government opted to receive the money at a discounted rate instead of waiting for three to four years to receive the full N38billion due the state.
“The refund for infrastructure development from the Federal Government was N27. 5billion. This is the amount the state would actually get from the refund for infrastructure. This is because the federal government arrangement is that if you have to get the whole funds you have to wait for about three to four years otherwise you discount it. You discount it at the current rate and considering the inflation factor and time value of money, you discount and collect the money now otherwise you wait for four years and collect the full money. So the 27 billion represents the discounted rate,” he said.
Meanwhile, the state government has assured Bayelsans that all funds accruing to the state would be used judiciously for the infrastructural development of the state.
The Commissioner for Information, Mr Ayiba Duba who stated this in an interview after a tour of road rehabilitation projects in the state in company of his Works and Infrastructure Development counterpart, Moses Teibowei urged Bayelans to have faith in the administration of Governor Douye Diri.
Duba, while expressing satisfaction with the work done explained that the Diri administration holds firmly its promise not to play with the development of the state.
“This is to tell you that when our government says it wants to do something, we don’t just say it for the sake of saying it; we have to back our words with action. If we say a bridge is to be constructed, we are not lying; the equipment is already on ground. As a government, we tell Bayelsans to keep trust in us. When we started we told Bayelsans that we are not going to joke with the development of the state,” Duba said.

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Niger Delta

Police Arrest 95 Cultists, Recover Firearms In Benin Raids

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2 weeks ago

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May 12, 2025

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The Police Command in Edo State has arrested 95 suspected cultists and recovered multiple firearms and ammunition during a week-long operation targeting cult-related violence in the Benin metropolis.
The command’s Public Relations Officer, CSP Moses Yamu, disclosed this in a statement made available to The Tide’s source.
Yamu said operatives of the command also seized two locally made pistols, a single-barrel shotgun, and 24 live cartridges during intelligence-led raids.
According to him, the suspects are alleged members of the Maphites, Eiye, and Aye confraternities, which authorities say are responsible for recent cult supremacy killings in the state.
He said the Commissioner of Police in the state, Mr Monday Agbonika, warned youths against joining unlawful societies.
He noted that the commissioner urged parents to monitor their children’s activities.
“These groups destroy futures and end lives, both of members and innocent citizens”, he said.
Of the 95 suspects, he said that 64 had been charged to court, and remanded in custodian center, while investigations continued on the remaining cases.
The command’s spokesperson assured residents of Edo of continued efforts to dismantle cult networks and restore public safety.
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Niger Delta

Oyetola Distributes Life Jackets To Water Transportation Users In Bayelsa

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2 weeks ago

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May 12, 2025

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The Minister of Marine and Blue Economy, Adegboyega Oyetola, has distribution of 3,500 life jackets to water transportation users in Yenagoa, Bayelsa State Capital.
The Minister said the gesture was part of Federal Government’s efforts to tackle recurring boat mishaps in the country.
Oyetola explained the critical role water transportation had played in the daily lives of Nigerians, particularly in coastal and riverine communities.
He described the life jackets, which were long overdue, as reflecting the government’s unwavering commitment to preserving lives and promoting a safe marine environment.
“What we are doing here today is saving lives. It is that simple. With these life jackets, we are empowering our waterways users, fishermen, traders, students, and transport operators with the basic tools to survive and be safe”, Oyetola said.
The Tide’s source reports that similar life jackets were distributed in Minna, Niger State on April 29.
The programme is part of the Ministry of Marine and Blue Economy’s first phase of intervention.
The minister said Bayelsa was a priority in the campaign and commended Governor Douye Diri for aligning with the Federal Government’s Marine and Blue Economy agenda.
Oyetola applauded Bayelsa’s creation of a state Ministry of Marine and Blue Economy, and commitment to the development of the Agge Deep Seaport.
He described the seaport as “transformative and visionary,” capable of reshaping the economic landscape of not just Bayelsa, but the entire South-South region.
“The Agge Deep Seaport will serve as a major maritime gateway, facilitating international trade, reducing congestion at existing ports, create jobs, boost investments, and accelerate development in the Niger Delta.
Oyetola urged all boat operators and passengers to wear life jackets at all times, stressing that safety could not be compromised.
“They are not for decoration, they are for your protection. Safety is everyone’s responsibility”, Oyetola said.
Speaking earlier, Diri commended President Bola Ahmed Tinubu for creating the Federal Ministry of Marine and Blue Economy to harness Nigeria’s maritime potential.
Diri also praised Oyetola for fostering cooperation with Bayelsa and stressed the need for continuous public education on water safety.
“Education about safety on the waterways must be sustained if we are to reduce the tragic loss of lives from boat mishaps”, Diri said.
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C’ River Repeals Essential Drug Programme Law 2002

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2 weeks ago

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May 12, 2025

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The Cross River State House of Assembly has repealed the essential drugs programme law 2002 and passed the state’s Drugs and Health Commodities Management Agency bill, 2025 into law.
The bill, which was sponsored by the member representing Boki 2 State Constituency, Mr. Hillary Bisong, was first read at plenary on September 12, 2024.
It was later referred to the House Committee on Health, Nutrition and Food Security after the second reading.
Speaking on the bill, Bisong, who doubles as the Chairman of the Health Committee, recalled that the World Health Organisation (WHO) introduced  the Essential Drug Programme globally in 198, noting that in 2002, the programme was passaged in Cross River State.
He, however, said while  several provisions of the Essential Drug Programme Law were retained, the new law offered a more comprehensive framework.
“The law was transited from a programme-based structure to a full-fledged agency model, thereby expanding its scope of operation to meet the present day healthcare delivery realities.
‘’The proposed agency will take charge of enforcement of standards for proper management and distribution and overseeing circulation of drugs and health commodities across the state,’’ he explained.
In separate contributions, the lawmakers unanimously supported the bill, maintaining that the proposed agency would enhance the performance of the existing health insurance scheme as well as create employment opportunities.
Expressing happiness over the passage of the bill, the Speaker of the House, Mr. Elvert Ayambem, said the 10th Assembly would continue to enhance good governance through people-oriented legislation.
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