Nation
We Borrow For Infrastructure, Social Welfare Packages, FG Claims
The Minister of State for Budget and National Planning, Prince Ikanade Agba, has said that President Muhammadu Buhari’s government was borrowing funds for infrastructure upgrade and social welfare packages.
The minister, who said the Buhari’s government was not borrowing to squander funds, explained that there was an ongoing effort to connect rural roads and railways to urban roads in order to exploit the agricultural potentialities of the nation.
He made the statement at Lejja, Nsukka Local Government Area of Enugu State during the inspection of an ongoing 7.5killometres Covid-19 Rural Roads Intervention Project of the Federal Government which cut across Aku, Lejja and Nsukka communities in Enugu State.
The minister while saying that the loans were acquired with only 3 per cent interest rate, added that they were gotten with 10-20 years moratorium.
“A lot of people talk about the borrowings by the present government. You need to understand the terms and conditions of the loans we are taking and what they are being used for. What is bad is when you borrow to eat, but if you borrow for something productive, you benefit.
“The interest rates we are paying for these loans we are taking is not up to 3 per cent and we have 10-20 years moratorium, that is, within those periods, we are not paying anything and some of the loans have up to 40 years repayment period. So, if you look at what it would take to pay back the loans we are taking, it could be considered as gifts.
“We are trying to connect our rural roads to urban roads and to the railways. You could see that we are spending a lot of money across the country on roads construction, but if we don’t develop our rail sector, our roads would continue to fail because of the pressure on them. In other more developed countries, heavy things are being moved on rails. That’s what we are trying to do,” he said.
While saying that the President is concerned about the plights of the downtrodden who voted him in power, he added, “he is very concerned about you, and the livelihoods of all Nigerians and he has said that Nigerians must produce what they eat, and we must eat what we produce, and agriculture has to be the main stake of our economy.
“Our country in the past depended on agriculture before the discovery of oil, we were well-nourished, but today, we have all abounded agriculture and focused on oil and the result is not good for our people.
“That is why Mr. President said he must remember those who produce the food we eat from the rural areas, and he is aware that about 50 per cent of what you produce does not get to market because of the poor access road,” he said.
He added that Mr. President encourages farmers by approving the sum of N34billion to be spent on the construction of rural roads across the country to boost agriculture.
In an address by the Coordinator of the Lejja/Aku Communities Hosting Committee, Engr. Victor Amorha, the benefiting communities lauded the President for the good gesture shown them by his government.
The communities equally appreciated the Minister for Agriculture and Regional Development, Alhaji Sabo Nanono, for ceding to get full Executive Council endorsement to get the project rolling, adding that the projects, when completed, would put back the benefiting communities on the world map.
The communities equally lauded Agba, for the harmonious working relationship between him and their son, Samuel Ekwueme, serving in his office as a Special Assistant, adding that the road would reduce post-harvest losses of agricultural produce to, at least, 85 per cent in the benefiting communities.
They equally prayed for the speedy completion of the project.
The minister and his team were earlier received by the people of Lejja at their community secondary school field.
An address by the traditional ruler of the community, Igwe Ugwuoke Nwani, read in parts, “This is the first time this ancient community of more than 2000 B.C is seeing a tarred road in the town, it is the first time our peace-loving people are working, riding and driving on a tarred road in our town, and it is the first time we have ever gathered together to celebrate such a phenomenon in this town not minding the fact that the tarring has not covered all of Lejja.
“We thank you Mr. Honourable Minister for the history you and the Federal Government have made in Lejja. 19th February 2021 is a day Lejja will ever continue to remember. On this day, you have written your name on the marble in our town.”
Nation
HYPREP Marks 15 Years Of UNEP Report, Highlights Major Cleanup Milestones
The Hydrocarbon Pollution Remediation Project (HYPREP) has commemorated the 15th anniversary of the release of the United Nations Environment Programme (UNEP) Environmental Assessment Report on Ogoniland, reaffirming its commitment to restoring the environment and improving the livelihoods of affected communities.
In a statement signed by the Project Coordinator, Prof Nenibarini Zabbey, to commemorate the anniversary, HYPREP described the anniversary as a significant milestone in Nigeria’s environmental restoration efforts, noting that the project has made remarkable progress in implementing the recommendations of the landmark UNEP report released on August 4, 2011.
The UNEP report had revealed extensive oil pollution across Ogoniland, severe environmental degradation, and serious public health risks resulting from decades of petroleum operations. It also recommended an initial $1 billion fund to commence the cleanup of the affected communities.
According to HYPREP, the Federal Government formally launched the Ogoni clean-up in 2016, while the Project Coordination Office was established in 2017 to drive the implementation of UNEP’s recommendations.
Zabbey said the current administration has continued to prioritise the project under the Renewed Hope Agenda.
Providing an update on the cleanup, the Project Coordinator disclosed that 30 of the 65 contaminated sites identified by UNEP have been fully remediated, while work is ongoing at several medium- and high-risk locations. It also stated that more than 1.5 million mangrove seedlings have been planted as part of what it described as the world’s largest restoration of oil-degraded mangroves, with over 1,000 hectares of shoreline already rehabilitated.
Zabbey further revealed that 49 Ogoni communities have been connected to potable water schemes through multiple water projects and booster stations aimed at providing safe drinking water across the region.
In the health sector, he said the 100-bed Ogoni Specialist Hospital in Kpite and the 43-bed Cottage Hospital in Buan are nearing completion, adding that several existing health facilities have been upgraded with modern medical equipment, while five ambulances have been donated to improve emergency healthcare services. The Project Coordinator also disclosed that a three-year human health biomonitoring study is being conducted in collaboration with the World Health Organization’s International Agency for Research on Cancer (IARC).
On economic empowerment, Zabbey stated that the Project has created more than 8,000 direct jobs and trained thousands of Ogoni youths and women in various vocational and technical skills, including software development, cybersecurity, aviation, commercial diving, seafaring, mechatronics, and creative arts. The project also reported awarding scholarships to more than 1,000 students, providing grants to small businesses, and supporting persons living with special needs through skills acquisition programmes.
The statement further highlighted ongoing legacy projects, including the Ogoni Power Project and the Centre of Excellence for Environmental Restoration, which it said is about 96 per cent complete. HYPREP also welcomed the recent designation of the Ogoni Wetland as a Ramsar Site of International Importance and pledged to continue promoting biodiversity conservation and sustainable management of the ecosystem.
Marking the anniversary, Zabbey said the progress achieved over the past 15 years demonstrates the collective commitment of government, development partners, stakeholders, and local communities to restoring Ogoniland. He called for renewed collaboration to sustain the cleanup effort, promote environmental sustainability, and support the long-term development of the region. 3
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