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Obiano Suspends Sale Of Anambra’s Assets In Enugu

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Governor Willie Obiano of Anambra State has suspended the planned sale of some assets of the state amongst them Commissioners quarters located within the Agu-Awka axis near Government House, Awka.
Commissioner for Information and Public Enlightenment, Mr C-Don Adinuba, made the position of government known in a statement made available to newsmen yesterday in Awka.
The leading opposition party in the state,  Peoples Democratic Party (PDP) had recently criticised the planned sale of some states assets as bad.
PDP Publicity secretary, Mr Nnamdi Nwangwu, noted that All Progressive Grand Alliance (APGA) led government was trying to dispose all that the state had.
“We have it on good note that many property of the State in the Federal Capital Territory, Abuja and Enugu are being sold by the incumbent government,” he said.
But in a reaction, Adinuba described the criticism as a case of de-marketing of the state and corruption fighting back, adding that there was nothing surreptitious about the planned asset disposal.
He said assets put for sale were those government discovered it inherited since the creation of the state in 1991 but were not in any official record of the state government.
“The State government received an intelligence report in late 2018 that there were a number of properties in prime locations in Enugu which were given to Anambra State following the sharing of assets between Enugu and Anambra.
“An Executive Council panel was set up to investigate the report, the panel discovered that there was no record whatsoever known to the government about any of the properties and government has not derived any value from the properties.
“Though Governor Willie Obiano was to suspend the decision to sell off the properties, the advertisement in national media was in line with the principles of transparency, accountability and due process,” he stated.
Adinuba said the Commissioners’ Quarters property in Awka were placed for disposal in view of the fact they were no longer serving their intended purposes and dismissed as misinformation that it planned to sell it at give away prices.
Adinuba said the intention was to use the proceeds from the sales to build modern multi-family buildings which should serve as official residences of commissioners and other top political appointees in a more secure location.
He said the attack on the government was to arm twist it into abandoning the assets recovery drive.
“The oppositions have also alleged the government has begun the sale of the Commissioners Quarters in Awka at N25m per compound. True, there has been a move to alienate the Commissioners Quarters at N45m, and not N25m, per compound.
“This valuation was reached based on the comparative market value of land in the area and environs where the Commissioners Quarters is located as well as the fact that the government allocates land at N10m for 1,000 square metres in similar locations.
“The value has been computed at N30m per compound, therefore, the value is N30m per compound, an upper value of N15m has been determined to cover the total value of old four-bedroom bungalow and two-room servants quarters, bringing the total valuation to N45m.,”he stated.

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Yahaya Bello: Senator Hails EFCC’s Probe Of N80.2bn Fraud

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Senator representing Kogi Central Senatorial District in the National Assembly, Natasha Akpoti-Uduaghan, has commended the efforts by the Economic and Financial Crimes Commission, (EFCC) to apprehend and prosecute the immediate past governors of Kogi State, Alhaji Yahaya Bello, over an alleged N80.2 billion fraud.
This is just as she also hailed the EFCC chairman, Ola Olukoyede, for ceding 14 properties that were initially forfeited to the federal government to the government and people of Enugu State.
Reacting to Bello’s excuse for not honouring the EFCC’s invitation, the lawmaker emphasized the need for the commission to investigate other corrupt public officials to avoid the impression that their actions against former governor were meant to witch hunt him.
In a now-viral video, the EFCC chairman had claimed Belloh told him that a female senator (name withheld) allegedly gathered journalists to humiliate him anytime he was at the agency’s Abuja office for interrogation.
“I called Yahaya Bello, as a serving governor, to come to my office to clear himself. I shouldn’t have done that. But he said because a certain senator had planted over 100 journalists in my office, he would not come.
“I told him that he would be allowed to use my private gate to give him a cover, but he said my men should come to his village to interrogate him,” Olukoyede was quoted as saying.
But Senator Natasha in a statement signed by her Chief Press Secretary, Arogbonlo Israel and issued at the weekend in Abuja, reminded Yahaya Bello of the importance of respecting Nigeria’s laws and constitution, given his former position as the chief security officer of Kogi.
“I was surprised to hear that Yahaya Bello evaded the invitation from the EFCC, despite having served as Kogi’s former chief security officer. As a former governor, he should understand the importance of respecting Nigeria’s laws and constitution.
“It’s a well-known fact that ‘he who comes into equity must come with clean hands’. As such, I advise him to honour the invitation and clear his name while he still has the chance.
“I’d also like to take this moment to appreciate the diligence of the EFCC in handling the case so far. No Nigerian is above the law, and therefore the agency must see this case through to the end if they are to gain the trust of both Nigerians and the international community in the fight against corruption,” she said.

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Senate  Frowns Over Continued Depreciation Of Naira

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Worried over the  latest depreciation of the Naira against major foreign currencies, the Senate through its Committee on Finance, has  stated that the Legislature  is  exploring a range of policy options to mitigate the impact of Naira depreciation and foster economic stability in the country.
These, according to the committee, in a statement signed by its chairman, Senator Sani Musa (APC Niger East) and released yesterday, includes robust oversight of fiscal policies, engagement with key stakeholders, and the formulation of targeted interventions to support key sectors of the economy.
Senator Musa said the statement became necessary “to address the current state of the economy and the need for concerted efforts at tackling the instability and continuous depreciation of the Naira.”
This is even as he hoped that the “economic managers will adhere strictly to the norms and standards set by this administration to ensure that we achieve the desired outcomes in taking Nigeria to its economic growth and prosperity”, pledging the support of the National Assembly to the executive arm of government to achieve the set goals.
He, however, urged Nigerians to remain vigilant and resilient as they navigate these uncertain times, saying “together, we can overcome the challenges facing our economy and chart a path towards prosperity for all.”
The statement titled: “State of the Nation Economy and Naira Depreciation’, reads “The Nigerian economy is facing significant challenges, exacerbated by both internal and external factors.

“Despite efforts to stabilize and bolster economic growth, the numerous initiatives and bold but necessary steps and policy decisions taken by President Bola Tinubu, the persistent depreciation of the Naira against major foreign currencies has become a pressing concern.

“The recent depreciation of the Naira underscores the need for proactive measures to safeguard the stability and resilience of our currency.

“The Senate Committee on Finance is closely monitoring the situation and is committed to working collaboratively with relevant stakeholders to implement effective policies and strategies.

“It is imperative that we address the root causes of Naira depreciation, including but not limited to fluctuations in global oil prices, fiscal deficits, and structural imbalances in the economy.”

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WIW: Banigo Advocates Legislative Impetus

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The Senator, representing Rivers West Senatorial District at National Assembly Sen.Dr. Ipalibo Harry Banigo has advocated for legislative backings to enforce immunisation as a pre-condition for admission into nursing, primary and secondary schools in Nigeria.
Banigo made the assertion recently in a statement to commemorate this year’s week-long immunisation campaign in line with the World Health Organisation advocacy.
Banigo, a Harvard-trained Public Health personnel, explained that such legislation would strengthen the National Immunisation Policy in the administration of vaccines, saves lives, helps in the child normal growth, prevents serious illness and disabilities such as poliomyelitis .
The former Deputy Governor of Rivers State who is also the Chairman, Senate Committee on Health (Secondary and Tertiary), noted that Nigeria must attain at least, 90 percent vaccine coverage for all childhood and adolescence; stressing that a fully vaccinated child should have received BCG, Mussels and three doses of DTP and Polio .
She emphasised the need for collective efforts by stakeholders in the campaign against preventable diseases .
The theme for this year’s World Immunisation Week is “Humanly Possible: Saving Lives Through Immunisation” while the national theme is “Vaccine Works For All”.

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