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FG Receives Orosanye Draft White Paper Reports, Assures Implementation

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The Federal Government, yesterday, received the ‘Draft White Paper’ on Orosanye reports, submitted by the committee on restructuring/rationalisation of Federal Parastatals, Agencies and Commissions created between 2012 and 2021.
Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, who received the reports, commended the committee for the completion of the assignment within the six-week time line given to them.
The Federal Government had in July, inaugurated the White Paper Drafting Committee on the review of new parastatals, agencies and commissions created after submission.
This, he said, was done after the receipt of the Orosanye Panel’s Report on Restructuring/Rationalisation of those agencies.
The committee was headed by a former Head of the Civil Service of the Federation, Mrs Ebele Okeke.
The committee was to come up with the white paper reports of the committees inaugurated by the Federal Government in November, 2021 to consider the Orosanye reports.
The main aim of the process was to further demonstrate the Federal Government’s commitment to reposition the public service for effective service delivery.
Receiving the paper, Mustapha recalled President MuhammaduBuhari’s desire to restructure the public service in order to ensure efficiency, when he recently interacted with the Association of Senior Civil Servants.
According to him, the president has assured of his government’s commitment to the improvement of the condition of the service.
The SGF, therefore, said that some of the recommendations by the white paper drafting committee would be considered as”low hanging fruits that would be implemented immediately after approval.”
He said the Federal Government had acknowledged the high cost of governance in Nigeria and revenue challenges being experienced in the midst of competing societal demands which are of serious concern to the government.
The SGF added that all the necessary things would be done to ensure that no sector was neglected.
Mustapha said: “I have no doubt in my mind that the knowledge, experience and expertise members brought to bear in the cause of the assignment, would guide the Federal Government in addressing the high cost of governance and other associated problems.
“I am pleased to receive the report of the Engr. EbeleOkeke Committee that was constituted to draft a White Paper on the AmalPepple Committee report on new Parastatals, Agencies and Commissions created between 2012 and 2021.
“This is a further demonstration of the Federal Government’s commitment to reposition the Public Service for effective service delivery.”
Presenting the paper, Mrs EbeleOkeke, thanked Buhari and Mustapha for the job assigned to them.
Okeke said in carrying out the assignment, the committee had taken into consideration, the current economic challenges and the requirement for government to utilise resources more efficiently in order to reduce cost of governance.
“In addition, the need to develop diverse sources of revenue for government as well as encourage some Agencies of government to be self-funding; the principle of building strong institutions to guarantee service delivery to the populace.
“The committee had also considered the imperative to grow the economy, create employment and stay on the critical path to achieve development objectives,”she said.
According to her, the terms of reference of the committee were to:
“Examine and evaluate the findings and recommendations contained in the Report of the Committee on the Review of New Parastatals, Agencies and Commissions (PACs) created after the submission of the Report on restructuring/rationalization of Federal Government Parastatals, Agencies and Commissions.
“Produce a Draft White Paper on the report for consideration by the Federal Government; develop implementation plan and key performance indicators; and submit the draft white paper within six weeks,” Okeke explained.

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I’ll Provide Solid Representation, If Elected -Banigo

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Rivers State Deputy Governor, Dr. Ipalibo Harry Banigo, has assured the people of Abua/Odual Local Government Area that she would provide undivided representation if voted into the Senate in 2023.
Banigo gave this assurance when leaders and critical stakeholders of the Peoples Democratic Party had a meeting with her, at the Government House in Port Harcourt to map out campaign strategies, yesterday.
The deputy governor said, she was excited that the meeting was held for the stakeholders to understand themselves, to ensure the party wins at the elections in 2023, adding that by the grace of God the local government area would be better than what it is now, if she emerges as the Rivers West senator.
In a related development, the Deputy Governor, Dr. Ipalibo Harry Banigo, who is the Rivers West Senatorial District Candidate of the PDP in the upcoming polls, has also met with leaders of the PDP in Ahoada East Local Government Area, where she urged them to reach out to their constituents and encourage the collection of PVCs.
“We must realize that with this new Electoral Act, the votes will surly count, as this 2023 election is not going to be like the previous elections, there will be a difference, people should not be afraid to pick up their cards and vote, they should not be lackadaisical about it, they should keep their cards safe and on the day of election they should come up and cast their vote, because this time every vote will count”.
She said the campaigns would be unit based and urged them to reach out to those in their units.
“Make sure you have unit executives in each of the wards, so we can have a door to door campaign”, Banigo said.
In his remarks at the meetings, the Vice Chairman of the Rivers West Senatorial District of the PDP, Dr. Nname Robinson Ewor, said there is a need for members of the PDP to go out and establish their presence in all units’ wards and constituencies, stressing that the nature of this upcoming election would be different from previous elections.

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Ariolu, Others Welcome Ex-Deputy Guber Candidate To PDP

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Chairman of Obio/Akpor Local Government Council, Barrister George Ariolu, has led other party faithful, including Chairman of PDP, Ward 6, Kingsley Nna; Chairman of PDP, Ward 9, Collins Wobo Chukwu; and Obio/Akpor PDP Secretary, Kingman Ogbonna; to receive a bigwig and stakeholder of the All Progressives Congress (APC) from Rumuogba in Ward 6, Chief Williams Igwe, into the PDP.
Receiving the former Deputy Governorship Candidate of the then Action Congress of Nigeria (ACN) at the Obio/Akpor PDP Secretariat, Rumueme, Ariolu expressed delight over his decampment from the APC to the PDP, describing it as an indication that the party was waxing stronger.
Ariolu, who was greeted with euphoria by the LGA PDP Chairman, Chidi Amadi, who also welcomed the former deputy governorship candidate at the secretariat, promised to work closely with Igwe to build the party ahead of the forthcoming election.
He pointed out that the foundation of the PDP was built on togetherness, stating that collectively, the party would achieve more.
Ariolu thanked Igwe for wholeheartedly accepting to come back to the party.
According to him, Rivers State Governor, Chief Nyesom Wike, has separated governance from politics following his relentless battle to promote the interest of Rivers people.
Also speaking, Chairman of the PDP in Obio/Akpor, Chidi Amadi, said the reception of Igwewas a fulfilment of an age-long dream, and a welcome development for members of the party, expressing joy over the event.
He further commended Ariolu for his strong support and leadership towards the sustenance and growth of the party.
In his remark, Chief Williams Igwe affirmed his loyalty and commitment to the PDP in its quest to oust the APC and fix the broken state of the country’s socio-economic and political fabrics.
He described the reception as a homecoming for himself and his supporters who would be formally received at a formal event which would be organised by the state party chairman, adding that PDP remains a major political party which will unite the nation.
He added that his decision to defect to the party was well-thought-out, and called on others to join hands with the Rivers State Government to rebuild the socio-economic fortunes of the state.
According to him, he believed that it was time for him to cross over to join hands with the Rivers State governor in moving the state forward.
The former Deputy Governorship Candidate was also received by PDP Chieftain, Barrister Temple Ejekwu; Obio/Akpor PDP Woman Leader,Gloria Wonodi; Barrister Kelvin Akani; and members of Obio/Akpor PDP Executive.

By: Nelson Chukwudi

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NNPC Posts N674bn Profit

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The Nigerian National Petroleum Company Limited (NNPC Ltd) has declared a profit after tax of N674billion for the financial year ended December 31, 2021.
The profit represented a growth of 134.84per cent when compared with N287billion profit in 2020 which was recorded under the old Nigerian National Petroleum Corporation (NNPC).
The Group Chief Executive Officer (GCEO), NNPC Ltd, Malam Mele Kyari, said this at a news conference, yesterday, in Abuja.
“NNPC progressed to a new performance level, from N287billion profit in 2020 to a N674billion profit after tax in 2021 climbing higher by 134.8per cent year on year profit growth,’’ he said.
Kyari also said that it recorded an increase in total assets from N15.86trillion in 2020 to N16.27trillion in 2021.
Speaking on the group’s financial position, Kyari said the corporation’s total liabilities decreased by 8.3per cent to N13.46trillion during the review period from N14.68trillion in 2020.
The GCEO said its shareholders funds position rose N2.81trillion representing 144per cent year-on-year.
“The performance would have been greater if the operations in the year under review were free from incessant vandalism, crude oil and products theft, among others.
“Details of the performance of NNPC and the respective subsidiaries as well as that of National Petroleum Investment Management Services (NAPIMS) will be published on our website www.nnpcgroup.com for stakeholder’s perusal.
“We look forward to achieving greater performance to support our growth aspirations and to create more value for our stakeholders as we drive full commercial operations under NNPC Ltd.,’’ he said.
He recalled that in September 2021, President Muhammadu Buhari approved the publication of the 2020 NNPC Group Audited Financial Statement, in which NNPC declared a profit after tax of N287billion for the first time in 44 years.
Kyari said that in spite of the challenging operating environment, it strongly believed that the corporation had the potential to sustainably deliver better value to it esteemed shareholders.
He said it sought to become a dynamic global energy company of choice to its customers, partners and over 200million shareholders comprising of all Nigerians.
Kyari noted that the corporation in 2019 rolled out deliberate policies and initiatives aimed at reducing costs and eliminating losses while adopting technology to entrench transparency, accountability and performance excellence (TAPE) across its various functions.
He said the NNPC had recorded significant improvement over the past three years, turning up the curve from losses to profits.

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