Business
Andoni Proposes N4.3bn FOR 2012
The Chairman of Andoni Local Government Area of Rivers State, Hon. Orom Nte Ereforokuma has made a budgetary proposal of N4,336,200,000,00 for the Council legislative Assembly.
Hon. Ereforokuma who made the presentation recently at the council chamber at Ngo, the headquarters of the council, hinted that N2,495,840,000.00 is for capital expenditure while N1,840,360,000.00 is for recurrent expenditure.
Explaining the budget tagged: “Budget of proactive development, Hon. Ereforokuma divulged further that N1,278,500,000 would be spent on economic sector, N283,340,000.00 for social services, N385,000,000.00 for Area Development, and N639,000,000,00 for Administration.
Assuring that the council has taken steps to increase the revenue base of the area, he promised to better the lives of the Andoni people as well as provide steady power supply by linking communities in the area to the national grid.
The council boss also promised to provide portable water, good road network, and learning materials to encourage students in their educational pursuits.
Ereforokuma assured that the budget would be judiciously utilised to promote good health and disease-free environment as well encourage young farmers and fishermen with soft loans.
In her speech , the leader if the legislative Assembly, Hon. Ataisi Willington commended the chairman for the early presentation of 2012 budgetary estimate to the legislative assembly.
She promised that the legislative Assembly would ensure speedy passage of the budgetary proposal into law to fast track the projects and progammes enshrined in it.
Enoch Epelle
Business
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Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
