Connect with us

Politics

Diri Renews Call For Fiscal Federalism …As Ijaws In America Honour Bayelsa Gov, Others

Published

on

Bayelsa State Governor, Senator Douye Diri, has again called for a review of Nigeria’s revenue derivation formula in line with the practice of fiscal federalism.
Diri queried the existing practice where resource-endowed states in Nigeria, particularly in the Niger Delta, get a paltry 13 per cent as monthly allocation from their resources.
He maintained that the country’s lopsided federalism practice had hindered the development of states in the oil rich region.
The Bayelsa State Chief Executive spoke in Houston, Texas, United States of America, when Ijaws in that nation and neighbouring Canada conferred on him the award of ‘Icon of Unity and Social Justice.’
The three-day 2024 convention was held under the auspices of the Ijaw National Congress (INC)-Americas.
Also honoured were the former Nigerian first lady, Dame Patience Jonathan, the Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri as well as renowned author and Ibenanaowei of Ekpetiama kingdom, King Bubaraye Dakolo.
While receiving the award, Gov Diri appreciated the organisers for upholding the Ijaw tradition and culture even in the diaspora.
He urged them not to allow the fire of Ijaw nationalism that had been ignited to extinguish and ensure that the annual event was sustained while promising the support of his administration.
“This annual convention offers an opportunity for Ijaws in the diaspora to continue to associate with themselves.
“I urge the INC in the Americas not to allow the Ijaw fire to be put out. My administration will support you to sustain the Ijaw culture and tradition here in the Americas”, the governor said.
The Bayelsa State number one citizen also admonished the Ijaw ethnic nationality not to get tired of its leadership role in the Niger Delta while enlisting the support of other ethnic groups in the region.
“The leadership of the Niger Delta has been with the Ijaws over the years. Now it looks like we are getting tired. But we should not. We have to continue with our leadership role while galvanizing support from our neighbours and brothers in the region.
“The Niger Delta is an area that should be better than it is if we were allowed to use our resources for our development. Since I arrived this country, what crossed my mind has been how Bayelsa would be if we practised true federalism whereby we get 100 per cent of our revenue from oil and gas and not 13 per cent as it is today. Maybe we would have had one small Houston in Yenagoa”, Governor Diri added.
He insisted that it was wrong to describe Bayelsa as insolvent and unable to exist without monthly federal allocation while its resources were being expropriated to Abuja and shared to other states in the country.
“You cannot take away the resources in my state and the internally generated revenue that would have accrued to us and expropriate it in the name of Federation Account Allocation Committee (FAAC). Every month end, the 36 states in the country gather in Abuja to share resources accruing from my state and they still come back to insult us that our state is insolvent.
“I have never seen anywhere in the world where the essence of the FAAC is to share revenue only from oil and gas. What about the revenue from other mineral resources like gold? Why are they not also shared? This is the naked truth”, he restated.
Present at the well-attended event were President of the INC, Prof. Benjamin Okaba, one of his predecessors, Chief Joshua Fumudoh, Chairman, INC-Americas, Mr. Kenneth Anga as well as former Managing Director of the Niger Delta Development Commission (NDDC), Chief Ndutimi Alaibe among other dignitaries.

Ariwera Ibibo-Howells, Yenagoa

Continue Reading

Politics

UI Professor Emerges PDP Chairman In Oyo

Published

on

A professor in the department of Food Technology, University of Ibadan, Prof. Abdulrahman Akinoso, has emerged the Oyo State Chairman of Peoples Democratic Party, PDP, faction loyal to the Minister of the Federal Capital Territory (FCT), Chief Nyesom Wike.

The Tide source reports that Prof. Akinoso was elected alongside 38 other executive members of the party at the congress held on Saturday.

Other executive members are Dr Abiola Olaonipekun, who emerged as Secretary, Alhaja Latifah Latifu, Women Leader and Mr A. Adeleke, elected as Youth Leader.

It was learnt that the congress, which took place at the Obafemi Awolowo Stadium, Oke Ado in Ibadan, was attended by representatives of the Independent National Electoral Commission (INEC), the Police, other security agencies and prominent members of the party.

The election was supervised by electoral committee members, among whom were Prince Diran Odeyemi, who served as Chairman, Hon. Awoniyi Tolulope, Mr Babatunde Gbadamosi, Queen Stepheine Oyechere, Alhaji Yusuf Abidakun, Mr Olumide Aguda and Dr Phillips Adeniyi, who served as Secretary.

Prof. Akinoso, in his inaugural address, urged members of the party to set aside intra-party differences.

He advised them to concentrate their resources on the promotion of the party, saying, “The primary responsibilities of party executive members are to coordinate party activities, ensure harmony among members, and ensure party victory during general elections.

“Our immediate assignments are to key into INEC released 2027 general election time-tables. As directed by the National Caretaker Committee of PDP, our party e-membership registration starts next week. We must be fully involved and do a membership drive.

“A political party is only relevant and benefits its members if it wins the election. This is our goal. We should set aside intra-party differences; concentrate our resources towards the promotion of the party. We will make necessary consultations and dialogue to actualise this”.

Continue Reading

Politics

I Was Stubborn At The Beginning Of My Govt – Tinubu

Published

on

President Bola Tinubu has disclosed that he was a little bit stubborn at the beginning of his administration.

President Tinubu disclosed this during an interfaith breaking of fast with senior journalists and media executives at the Presidential Villa in Abuja on Saturday.

He also disclosed that his administration had opened up on the principles of true federalism to the extent that local governments now get direct allocation from the Federal Government.

“There’s no morning that I ever leave my house without going through the newspapers. It’s an addiction. I read all of you.

“It might not be in full detail, but headline, the one that would hit me and the ones that won’t.

“At the beginning of this administration, I was just a little bit stubborn, looking at opportunities to correct things and make life more easier for the downtrodden.

“We’ve opened up the principle of federalism to the extent that local governments are now getting their money, but how they use it is in your hands. So, don’t bombard me alone,” President Tinubu said.

Continue Reading

Politics

You’re Misleading Nigerians, APC Slams ADC Over Poverty Rate Report

Published

on

The All Progressives Congress (APC) has accused the African Democratic Congress (ADC) of politicising a recent report on Nigeria’s poverty rate, describing the opposition party’s claims as misleading and lacking in policy alternatives.

The ruling party said the ADC had turned criticism of the APC-led administration into its operating manifesto instead of presenting concrete solutions to Nigeria’s economic challenges.

In a statement issued on Saturday by the APC National Publicity Secretary, Mr Felix Morka, the party dismissed the ADC’s interpretation of a report presented at a policy dialogue organised by Agora Policy which suggested that the country’s poverty rate had risen from 49 per cent to 63 per cent.

Mr Morka said the opposition party’s reaction to the report as a “damning verdict” on the government’s economic policies reflected either ignorance of economic realities or deliberate political mischief.

“The African Democratic Congress’ attempt to spin a recent report presented at the Agora Policy dialogue indicating a rise of poverty rate of 63 per cent from 49 per cent as a damning verdict on this administration’s economic policies speaks either to its shocking ignorance of economic policy or its wilful blindness to the justification for, and transformative impacts of, ongoing economic reforms,” he said.

The APC spokesman noted that the report itself recognised the necessity of reforms aimed at correcting long-standing structural distortions in the economy.

According to him, the ADC had failed to present any credible alternative policy direction for Nigerians.

“Clearly, the ADC does not recognise itself as a political party. The ADC has not articulated a single alternative policy position or prescription of benefit to Nigerians. Condemning the APC and its policies has become its operating manifesto,” Mr Morka said.

He explained that major economic decisions taken by President Bola Tinubu, including the removal of fuel subsidy and the unification of multiple foreign exchange windows, were necessary steps to rescue the country’s economy from collapse.

Mr Morka said the subsidy regime had for years placed a heavy burden on public finances, consuming trillions of naira annually while encouraging corruption, fuel smuggling and inefficiencies in the system.

He added that the reforms had helped redirect national resources to key sectors such as infrastructure, healthcare, education and social development.

The APC spokesman acknowledged that economic reforms often come with short-term hardship but stressed that the measures were essential to build a stronger and more resilient economy.

“Economic reform is never cost-free anywhere in the world. The transient hardship experienced by Nigerians was an inevitable cost of reforms meant to build and guarantee a better future for all Nigerians,” he said.

Mr Morka maintained that the country’s economic outlook was already improving, citing recent growth figures and stronger external reserves.

“Our economy has rebounded and is expanding steadily. The country’s Gross Domestic Product grew by 4.4 per cent last year and is projected to expand by 5.5 per cent this fiscal year, with foreign reserves now exceeding $50 billion,” he stated.

He also pointed to government initiatives designed to cushion the effects of economic adjustments on citizens, including cash transfer programmes, student loan schemes and the rollout of compressed natural gas (CNG) initiatives to reduce transportation costs.

Mr Morka reaffirmed that the APC-led administration would remain focused on rebuilding the economy and expanding social investments to support vulnerable Nigerians.

Continue Reading

Trending