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FG Awarded $1.1tn Contracts to Unregistered Companies – PDP

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  • FG Awarded $1.1tn Contracts to Unregistered Companies – PDP

The Peoples Democratic Party has accused the Federal Government of providing cover for shoddy oil deals allegedly involving the All Progressives Congress’ interests.

The allegation is contained in a statement issued on Wednesday in Abuja by the PDP National Publicity Secretary, Kola Ologbondiyan.

The statement partly read, “This APC government is not only grossly incompetent and corrupt, but also a champion in the use of lies and manipulations against innocent and unsuspecting citizens.

“We all know that it was convenient for the APC Presidency to promise Nigerians that it will no longer import fuel only because the PDP government had already laid the foundation including the revamping of the refineries and ensuring a domestic production of five million litres out of the 25 million litres daily domestic consumption.

“Sadly, this incompetent APC government, in its almost three years, has not added one litre to the five million litres, which the PDP administration was producing.

“Instead of improvement, the APC has wrecked the system and now pushing the nation to depend solely on importation, while engaging in heavy sleazes in hidden subsidy regimes.”

It alleged that the Federal Government, in its bid to cover its ineptitude and oil subsidy corruption, announced that it was the NNPC and not Nigeria that paid for fuel subsidy.

“The question is: who owns the NNPC? Is it not Nigeria? Can the NNPC spend a kobo without the authorisation of the Presidency? Has President Muhammadu Buhari ceased to be the President of the Federal Republic of Nigeria and the Minister of Petroleum Resources?

“Moreover, if the NNPC, which is under his purview, has been paying fuel subsidy, who authorised the payment and who are the beneficiaries? Nigerians need to know the truth on this subsidy regime.

“We therefore challenge the APC-led Federal Government to come clean on these issues and stop telling lies to Nigerians who have suffered enough under its deceptive, inept, uncoordinated and wicked regime.”

Ologbondiyan urged Nigerians not to be forlorn, adding that it had repositioned to stand with the people in the inevitable mission to rescue and restore the nation to the path of prosperity come 2019.

When contacted, the National Publicity Secretary of the APC, Mallam Bolaji Abdullahi, referred our correspondents to the NNPC.

He said, “I think the Nigerian National Petroleum Corporation is better placed to answer questions relating to the fuel situation. You should direct your questions to them.”

The Nigerian National Petroleum Corporation’s Group General Manager, Group Public Affairs Division, Ndu Ughamadu, said the allegation by the PDP was not true.

He said the corporation refuted the claims last week, adding that the Corporate Affairs Commission had also denied the allegation.

Ughamadu said, “We refuted it last week. Also, CAC denied it.”

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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Gates Foundation Donates $600,000 to Nigeria For Flood Victims, Agric Sector Reform 

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Bill Gates

Reprieve might be in sight for victims of the devastating flood disaster in Borno State as the Federal Government has secured a $600,000 relief fund and commitments from the Bill and Melinda Gates Foundation.

The Bill and Melinda Gates Foundation led by its head of Global Development Programme, Dr. Christopher Elias made the donation when Vice President Kashim Shettima met with the team on the sidelines of the 79th United Nations General Assembly in New York.

Explaining what the fund is meant for, the Senior Special Assistant to the Vice President on Media and Communications, Stanley Nkwocha, revealed in a statement he issued on Thursday said the money is to hasten relief efforts for victims of the devastating floods, as well as for health and agricultural sectors’ reforms.

In a statement titled ‘Nigeria secures $600,000 for flood relief, health, agric sectors’ reforms,’ Shittima noted that the Federal Government is confident in its ability to drive meaningful change and improve the lives of all Nigerians.

The Bill & Melinda Gates Foundation pledged the $600,000 for flood relief in Borno state and other health sector initiatives, with an additional $5m grant approved for Lagos Business School and partners to develop the agricultural economics of industrial cassava.

Nigeria’s Vice President, Shettima, reaffirmed the commitment of the administration of President Bola Tinubu to placing health, nutrition, and agricultural development at the forefront of the nation’s national agenda.

He assured the government’s readiness to address the pressing developmental challenges facing the country, particularly the significant malnutrition crisis.

He emphasised the Nigerian government’s dedication to integrity and effective leadership in tackling these issues, pointing out that there is an urgency in securing locations for maize production under the Telemaze programme

Promising swift action on import permits for certified seeds, the VP said food security and industrial agricultural development are key to growth.

Specifically, Shettima mentioned the Cassava Accelerator programme as one of the policies that hold immense potential for the nation’s economy.

He indicated that the government is pursuing digitisation and data exchange systems, which we believe will revolutionise public services.

Expressing firm trust and support of partners like the Gates Foundation,” Shettima assured them that the fund would be judiciously utilized to better the lives of Nigerians.

Speaking, the president of the Global Development Programme at the Gates Foundation, Dr. Christopher Elias, expressed worry about the severe flooding in Borno, reiterating the organization’s commitment to supporting Nigeria in times of crisis.

The Foundation also pledged support for Nigeria’s health sector reforms, particularly in the fight against polio.

Similarly, the president of Global Growth & Opportunity Division at the Bill & Melinda, Rodger Voorhies, detailed plans for scaling up drought-tolerant maize production and advancing the Nigeria Cassava Investment Accelerator programme.

He disclosed that a $5m grant has been approved for Lagos Business School and partners to develop the agricultural economics of industrial cassava.

He requested import permits for 5,000 metric tons of certified maize seed to build a foundation seed system in the country.

In his submission, Director of the Nigeria Country Office at the Gates Foundation, Uche Amaonwu, expressed appreciation for the ongoing partnership, particularly highlighting a $60 million investment in sector-wide programmes and collaborations on reproductive health issues.

 

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Tinubu Receives Performance Reports of Ministers, Confirms Planned Reshuffling of Cabinet

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President Bola Tinubu has confirmed that he would be reshuffling his cabinet team based on reports he had received about their performance.

While there is no specific time that the president disclosed for the rejig exercise, the presidency noted that it would be soon.

It indicated that President Tinubu was handed the reports of the activities of his ministers before making the decision that he would overhaul his team.

It added that the president has empirical evidence from performance reports he received in the past months to make some fundamental decisions on which of the ministers would be relieved of their duties.

Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga, and the Senior Special Assistant to the President on Digital/New Media, Mr. O’Tega Ogra, revealed this to State House Correspondents during a joint briefing at the Aso Rock Villa, Abuja, on Wednesday.

Onanuga said although there is no timeline for the impending reshuffle, the president has “expressed his desire” to do it.

He insisted that there is no timeline for the forthcoming exercise, adding that the President has expressed his desire to reshuffle his cabinet, and he will do it.

According to Onanuga, he is not aware whether the reshuffling would happen before before October 1 or after it but that the cabinet would be rejigged.

In his remarks, Ogra said the decision would not be arbitrary but will be based on performance reports presented by the Special Adviser to the President on Policy Coordination, Hadiza Bala-Usman. Bala-Usman also heads the Central Delivery Coordination Unit.

He said, “The President’s decision to reshuffle his cabinet is also based on empirical evidence” recalling that President Tinubu, had while speaking at the retreat for the ministers noted that they were going to have periodic reviews and the decisions that are extracted from these reviews will be used to make that final decision.

Investors King had reported that some Nigerians had been demanding the replacement of underperforming ministers in line with Tinubu’s earlier threat that he would sack those who are not performing in his team.

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We Didn’t Cause Hardship in Nigeria – APC 

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All Progressive Congress (APC)

The All Progressives Congress in Osun State has argued that the economic crisis ravaging millions of Nigerians was not the handiwork of the party at the centre.

A former Speaker, Osun State House of Assembly, Timothy Owoeye, made this known Monday.

He said the APC-led Federal Government inherited the hardship in the country which has been in existence for years.

Owoeye, a chieftain of APC in the state was addressing a press conference in Osogbo, capital of Osun State on the activities lined up to mark the 70th birthday anniversary of the Minister of Marine and Blue Economy, Gboyega Oyetola.

Fielding questions from journalists on whether the decision of Oyetola to distribute raw food items was to partly address the hunger allegedly caused by the incumbent administration in the country, Owoeye said the former governor of Osun State would be giving out food to identify with the less privileged and also as a way of appreciating God’s mercy in his life.

He disagreed that the ruling APC plunged the nation into economic woes, saying the current situation dated many years back.

“I want you to know that the present situation in Nigeria was not caused by the APC. It has been there for ages. And for our leader to celebrate the 70th birthday at this time is a way to identify himself with the less privileged people across the state. Giving out foods is not new, it is a way to let you know that our leader, our amiable Honourable Minister for Marine and Blue Economy is a lover of the masses. For him to deem it fit to distribute food for the less privileged is a way of identifying himself with other people, not only the first class elites.

“Those who are close to our principal (Oyetola) will agree with me that Oyetola is a person that considers others. So, with his magnanimity, he believes that sharing food is a way to celebrate God’s mercy in his life and he is doing this by himself to distribute food across the state. The food will be taken to churches, mosques and accredited centers across the state. So, he is doing it by himself. And as of now, there is no way we can categorically say that this is the number of the people that will benefit but I know they are in thousands,” the former lawmaker said.

While disclosing that the Minister would be carrying out medical outreach for about 5,000 residents of the state as part of activities marking his birthday, Owoeye said Osun APC would be celebrating the Minister moderately.

He said, “As far as the medical outreach is concerned, our target is 1,000 patients per centre. The four-day medical outreach is to treat the vulnerable and the needy beginning from Osogbo on Tuesday, 24th September, 2024 at Tinubu/Shettima Campaign Office at 9:00am while the medical outreach train would move to Ilesa on Wednesday 25th, September, 2024 starting from 9:00am.

“The people of Iwo would have the opportunity to patronize the medical outreach programme on Thursday 26th September, 2024 at 9:00am while it would be the turn of the people of Iragbiji to have an access to the medical outreach on  Friday 26th September, 2024 with the climax of the programme in Ilesa with surgery on Saturday 28th September, 2024.

“We shall be distributing raw food items to the less-privileged members of the society at selected mosques, churches and other accredited centres across the state on Friday 27th September and Sunday 28th September, 2024.

“Finally, the 70th birthday celebration anniversary grand finale will hold in Iragbiji with a lecture and prayer session at the Iragbiji residence of the Honourable Minister of Marine and Blue Economy.”

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