Niger Delta
Dickson Signs Appropriation Bill Into Law
Hon. Seriake Dickson of Bayelsa State has signed into law, the state’s 2013 appropriation bill ofN304.05billion. According to the law as passed by the State House of Assembly, recurrent expenditure stood at N142.1billion while N161.9billion is for capital expenditure.
Governor Dickson had in December 2012 presented a budgetary proposal of N285.9billion to the State House of Assembly for approval. However, after sectoral review, the Assembly increased the budget by N19billion before passing it into law. However, after sectoral review, the Assembly increased the budget by N19bn before passing it into law.
Singing the bill into law, the Governor attributed the delay in its presentation to last year’s flooding that ravaged the entire communities in the state and the ill-fated Helicopter crash that claimed the lives of the former National Security Adviser, General Owoye Azazi and late Governor of Kaduna State, Sir Patrick Yakowa.
He commended the efforts of the lawmakers for their commitment towards the actualisation of the Restoration Agenda, saying that his economic team would soon commence the preparation of the 2014 Appropriation bill, adding that this would ensure its early presentation and passage in line with the Fiscal Responsibility Law.
According to him, ‘we are not only going to partner with the House of Assembly as we have always done but also specifically (on this issue of appropriation) work to ensure that by the grace of God, we comply with the fiscal responsibility law which obliges us to submit an appropriation bill earlier than we did last year. ‘
On the implementation of the newly signed appropriation bill, the governor said, ‘on our part, we intend to follow this budget scrupulously. We intend to implement it to the latter as you have passed it. Where there are difficulties and shortfalls or any area we need to work with the Assembly, we will not hesitate to bring that to your notice because (after all) a budget is only a statement of intent, it is a broad policy financial document.”
“I want to request you and members of your House to also support Government as you have always done by exercising the full ambit of your oversight powers over all Ministries, Departments and Agencies, so that we can all work together to ensure that set goals and targets are achieved to enable us bring prosperity, development and security to the good people of this state, he added.
Earlier, the Speaker of the House of Assembly; Rt. Hon. Friday Kombowei Benson attributed the increment in the budget to the present administration’s drive for development.
“The increase is because of your (Governor) ambitious drive for project and well-being of the people of Bayelsa state,’ the Speaker said. .
Meanwhile, a former President of Christian Association of Nigeria AN),Bishop Mike Okonkwo has said that for the society to grow, both the church and government should act in unionism in fight societal norms.
Bishop Okonkwo who is also the General Overseer and Bishop of The Redeemed Evangelical Mission (TREM), stated this in Government House, Yenagoa when he paid courtsy call on the Bayelsa State governor, Hon Seriake
News
China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle
The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.
Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.
Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.
By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.
He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.
He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.
Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.
He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.
He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.
Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.
“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.
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