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Lagos Generates 97.3b, Expends N110.2b in Q3, Says Ambode

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  • Lagos Generates 97.3b, Expends N110.2b in Q3

Lagos State Governor, Akinwunmi Ambode yesterday revealed that N97.3billion was generated as revenue in the last quarter by the state, though N110.2billion was expended, of which N55 billion was on capital projects.

Speaking at the 2016 third quarter town-hall meeting held at the Teslim Balogun Stadium, Ambode also revealed that the budget performance for January to September is 69 per cent as against 65 per cent for the same period in 2015.

“A total of N166.8 billion has been spent on Capital Projects this year more than double the N53.6 billion spent for the same period last year. We believe strongly that continuous increase in the capital expenditure spending is a necessity at this particular period.”

To stimulate the economy of the state, the Governor said that in this quarter, the state would concentrate more resources on capital projects and put money in the hands of our local contractors.

“Immediate payments will be made to contractors handling health sector and education sector projects within the next two weeks.”

Ambode also disclosed that efforts at stimulating and reflating the economy would be consolidated with the roll out of all empowerment programmes immediately to assist youth, artisans, people with disabilities and the needy.

“The funding for the N500 million Lagos State Persons Living with Disability Fund has been provided and beneficiaries will start getting support from this quarter.

“There is a lot of work to be done but our government is undaunted. We are, more than ever before, committed to the continuous development of the State and the prosperity of our people. Our guiding principle is to always channel our resources to areas and sectors that will positively affect the general wellbeing of all Lagosians.

“Let me thank you all for your perseverance, unflinching support and cooperation with our administration despite the harsh economic situation that confronts us and the entire country. We are the hope of today and the prosperity of tomorrow.”

Ambode also revealed that to put into effect the Neighbourhood Law signed into law by the state recently, 5000 personnel would be recruited in addition to the workforce of neighbourhood watchers.

During the question and answer period, the Oba of Lagos, HRM Oba Rilwan Akiolu, lamenting the rejection of the bill seeking special status for Lagos by the Senate, noted at that though enough lobbying was not done. He nonetheless said that Lagos enjoying special status is a matter of time, as it would surely come.

He said: “The suspension of the bill sponsored by our amiable daughter and wife, Senator Oluremi Tinubu is unfortunate but it is better and advisable to let these people know that this is not a matter of quarrel but a question of time. It will definitely happen.”

The monarch, who recalled the history of the agitation for special status for Lagos, urged the promoters of the bill to go back to the drawing board and do their homework well before representing it for consideration and passage. The need for special status for Lagos State was re-echoed by Alhaji Tajudeen Odunsi, who demanded that the special status should not rob the state of its independence.

The Governor, who also spoke on the issue, commended Senator Tinubu for her courage to push for the bill, while also lauding the Senate President, Bukola Saraki for his magnanimity in allowing the bill to be presented on the floor of the Senate.

He however expressed optimism that the bill would be reactivated and represented again, saying that the success of the bill was in the overriding interest of Nigerians.

There were several requests for intervention to repair dilapidated roads and the governor promised to look into them including revealing that the process for the award of the construction of the next phase of 114 roads would commenced in a couple of weeks.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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Tinubu Wants Senate to Confirm Seven Ministerial Nominees 

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President Bola Tinubu has formally asked the Nigerian Senate to confirm the appointments of seven nominees for ministerial positions.

In a letter read by Senate President Godswill Akpabio during Thursday’s plenary, Tinubu called on the red chamber to consider and approve the nominees for various ministerial roles.

The nominees are expected to face Senate screening during next week’s plenary session.

Akpabio referred the list to the Committee of the Whole for further legislative consideration.

Among the nominees are Dr. Nentawe Yilwatda, slated for Humanitarian Affairs and Poverty Reduction, and Muhammadu Dingyadi, named as the Minister for Labour and Employment.

Bianca Odumegwu-Ojukwu, former Ambassador to Spain and widow of the late Dim Emeka Odumegwu-Ojukwu, was nominated for the position of Minister of State for Foreign Affairs.

Other appointees include Dr. Jumoke Oduwole (Industry, Trade and Investment), Idi Mukhtar Maiha (Livestock Development), Yusuf Ata (State, Housing and Urban Development), and Dr. Suwaiba Ahmad (State Education).

Odumegwu-Ojukwu is not a member of the ruling All Progressives Congress (APC). She is a prominent figure in the All Progressives Grand Alliance (APGA).

Recall that the President sacked five of his ministers including Barr. Uju-Ken Ohanenye, Minister of Women Affairs; Lola Ade-John, Minister of Tourism; Prof Tahir Mamman SAN OON, Minister of Education; Abdullahi Muhammad Gwarzo, Minister of State, Housing and Urban Development; and Dr. Jamila Bio Ibrahim, Minister of Youth Development.

The President also reassigned some of the existing members of his cabinet to different ministries.

The newly reassigned ministers are: Hon Dr. Yusuf Tanko Sununu, Dr. Morufu Olatunji Alausa, Barr. Bello Muhammad Goronyo and Hon. Abubakar Eshiokpekha Momo.

Others are Uba Maigari Ahmadu, Dr. Doris Uzoka-Anite, Sen. John Owan Enoh, Imaan Sulaiman-Ibrahim, Ayodele Olawande, and Dr. Salako Iziaq Adekunle Adeboye.

The affected ministries are: Humanitarian Affairs and Poverty Reduction, Minister of Education, Minister of State Works, Minister of Regional Development, Minister of State Regional Development, Minister of State Finance, Minister of State Trade and Investment [Industry], Minister of Women Affairs, Minister for Youth Development and Minister of State Health.

Tanko Sununu was moved as the Minister of State, Education to become the Minister of State for Humanitarian Affairs and Poverty Reduction.

Alausa, who is the Minister of State for Health will become the Minister of Education.

Goronyo who is the Minister of State, Water Resources and Sanitation will become the Minister of State for Works.

Momoh, the Minister of Niger Delta Development will become the Minister of Regional Development.

Ahmadu, the Minister of State Steel Development will become the Minister of State, Regional Development.

Uzoka-Anite, the Minister of Industry, Trade and Investment, will become the Minister of State for Finance.

Enoh, the Minister of Sports Development, will become the Minister of State Trade and Investment [Industry].

Sulaiman-Ibrahim, the Minister of State, Police Affairs will become the Minister of Women Affairs.

Olawande, the Minister of State for Youth Development, will become the Minister of Youth Development while Adeboye, Minister of State, Environment, will become the Minister of State, Health.

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23 Days to Ondo Governorship Election, PDP, APC Intensify Campaigns, Boast of Victory 

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Lucky Aiyedatiwa

The People’s Democratic Party and All Progressives Congress in Ondo State have been touring towns and villages in the state, canvassing for votes ahead of the November 16 governorship election in the state.

The major opposition and ruling political platforms made boast of clinching top in the forthcoming contest that is about 23 days away.

Shoring support for the candidate of the PDP, Agboola Ajayi, the governor of Oyo State and leader of the South-West zone of the party, Seyi Makinde, said that the victory of PDP will be a liberation for the people of the state.

Makinde, who led Ajayi’s campaign train to the Akoko Area of the state, averred that the PDP candidate would not disappoint his voters and other citizens of Ondo.

The campaign train moved to the towns and villages of Akoko North-West and Akoko North- East Local Government Areas of the state alongside leaders of the party in Oyo and Ondo States.

They also visited the palaces of the Olukare of Ikare, Akadiri Momoh, the Owa-Ale of Ikare Akoko, Adeleke Adegbite-Adedoyin and the Owa of Ogbagi, Victor Adetona.

Addressing the Obas at their various palaces, Makinde promised a cordial relationship with the traditional institution for growth, peace, security and wellness of the state.

Urging crowd at the venue to support PDP, Oyo Governor said their vote is for the liberation of Ondo, noting that Ajayi would ensure security and development.

The PDP candidate, Agboola Ajayi, in his remarks promised to carry along the traditional rulers in his administration.

Ajayi, however, appealed to the traditional rulers in the State to prevail on their subjects not to involve in violence or in any act capable of causing crisis before, during and after the gubernatorial election.

In a similar vein, Lucky Aiyedatiwa, the Ondo State governor, also boasted of victory, alluding that PDP is no longer in existence in the state.

Aiyedatiwa made this known during his campaign at Igbobini, Kiribo Igbotu, and other communities in the Ese-Odo Local Government Area of the state, the home town and the Local Government of his main challenger, Agboola Ajayi.

The governor said all the gladiators in the PDP had defected to the ruling APC ahead of the poll.

According to him, the people’s support and loyalty to his administration have continued to make the ruling party wax stronger in the State, stressing that his second term has been sealed.

Addressing a crowd that trooped out to welcome him at Igbobini, the governor promised that his administration would continue to initiate more developmental projects across the State if re-elected.

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Rivers Indigenes Seek Tinubu’s Mediation in Wike, Fubara Face-off, Say Crisis Hampering Development 

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Bola Tinubu

Some indigenes of Rivers State from the Ogoni ethnic group have asked President Bola Tinubu to urgently wade in and settle the feud between the Minister of the Federal Capital Territory, Abuja, Nyesom Wike and Governor Siminalayi Fubara, saying that the crisis was already affecting the economic growth of the state.

Operating under the aegis of the Ogonis in Diaspora Organisation, the group expressed surprise at Tinubu’s silence on the prolonged political impasse affecting Rivers State’s development, urging him to call Wike to order.

In an open letter to the President, the President of the Ogonis in Diaspora Organisation, Chief Ambrose Kii, noted that Tinubu’s perceived indifference was emboldening Wike to allegedly destabilize the state and undermine Governor Fubara’s administration for personal gain.

They expressed profound disappointment and concern over the President’s continued silence on the deepening political crisis rocking Rivers State, saying Tinubu’s inaction appeared to have been asking the former Rivers governor to relentlessly destabilize and exploit the state instruments.

According to them, the consequences of the President’s silence are dire, adding that Wike’s actions have undermined Governor Fubara’s authority, escalated violence and insecurity, disrupted economic activities, drove investors away, exacerbated unemployment and redundancy, and inflicted untold hardship on Rivers State citizens.

Kii further pointed out that Wike’s actions were in stark contrast to his predecessors, who allowed him to govern the state peacefully without interference.

Kii argued that Wike’s quest for control has brought Rivers State to its knees, telling Tinubu that his intervention is crucial as the entire citizens are already feeling the heat of their clash.

Recall that Rivers State has been experiencing political turmoil since Fubara and Wike’s godfather and son relationship turned sour.

 

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