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PDP tasks federal government on Dangote refinery shares

The Peoples Democratic Party has advised the Federal Government to ensure transparency in its planned acquisition of 20 per cent shares in Dangote refinery. The PDP said this in a statement by its National Publicity Secretary, Kola Ologbondiyan, in Abuja. Ologbondiyan said: “The PDP has nothing against any genuine and honest incentives for private refineries, but we insist that such must not be used as avenues for siphoning funds from national treasury. “The transaction must be made completely open, in terms of conditions for crude barter trade, duration, equity sharing and signatories among other things.” Ologbondiyan urged the National Assembly to take advantage of its oversight power on the Nigerian National Petroleum Corporation to ensure that the deal was transparent. “The PDP insists...

Minister: Nigerian government to scale up domestic gas expansion, monetisation drive

Minister of State, Petroleum Resources, Mr. Timipre Sylva, has stated that the federal government will continue to ramp up its current domestic gas expansion drive as well as its monetisation programme to increase the country’s supply of the much needed foreign exchange earnings. Speaking when he appeared virtually at the formal opening of the new headquarters of the Nigeria Liquefied Natural Gas Limited (NLNG) in Port Harcourt, Rivers State, the minister stressed that the company was expected to play a major role in achieving the objective. Sylva noted that the country’s gas reserves must be fully explored for the full benefit of Nigerians, noting that has remains a major game-changer for Nigeria, especially with the renewed attention to the commodity as a lower carbon energy source. “In ...

SERAP urges President Buhari to tell Nigerians spending plan for James Ibori loot, others

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “urgently direct Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning to disclose spending details of the $700 million looted funds reportedly recovered by the Federal Government in the past four years, including the list and location of projects completed with the money, as well as details of the contractors that executed the projects.” SERAP also urged him to “direct Mrs Ahmed to disclose how the government plans to spend the returned £4.2m Ibori loot, including details of planned capital expenditure, and whether there is any plan to ensure that the money and any future returned Ibori loot would be spent to achieve justice and effective remedies for victims of corruption in...

CISLAC raises concerns over Nigeria’s debt profile, coronavirus accountability

The Civil Society Legislative Advocacy Centre (CISLAC), has expressed concerns over $2.18 billion foreign loan request to the Nigerian Senate to fund the 2021 Appropriations Act, by President Muhammadu Buhari. It has therefore urged the National Assembly to insist on an analysis of debt repayment strategy to be in place as its key priority to approvals. In a statement by Executive Director, CISLAC and Head of Transparency International – Nigeria, Auwal Ibrahim Musa Rafsanjani, he said national public finance management regime is meant to save the nation’s economic system from collapse: rescuing jobs, supporting livelihoods and bailing out many businesses on the brink. He warned the government to avoid the catastrophe that the international finance institutions forced on Greece: destroying ...

Nigerian governors to meet Wednesday over financial autonomy for state legislature, judiciary

Governors of the 36 states are scheduled to hold a teleconference on Wednesday to deliberate on the executive order 10 which grants financial autonomy to the state legislature and judiciary. In a statement issued on Monday and signed by Abdulrazaque Bello-Barkindo, head of media and public affairs of the Nigeria Governors’ Forum (NGF), there will also be discussions on measures to prevent a third wave of COVID-19 infections in the country. Bello-Barkindo said the forum will take updates on the State Fiscal Transparency, Accountability And Sustainability (SFTAS), among other issues. “The meeting, which is the 30th of its kind by the Nigeria Governors’ Forum, commences at 2pm prompt but Governors are expected to start logging-in from 1pm,” he said. “The meeting will cover lessons for States ...

NNPC begins work on Port Harcourt refinery

The Nigerian National Petroleum Corporation (NNPC) has kicked off construction work in the Port Harcourt Refinery rehabilitation project with a firm commitment not to fail Nigerians. A statement on Friday by the Group General Manager, Group Public Affairs Division of the NNPC, Dr Kennie Obateru, quoted the NNPC Chief Operating Officer, Refineries & Petrochemicals, Engr Mustapha Yakubu, as saying that everything was being done to ensure that the project is delivered hitch-free and on schedule. Speaking at the Technical Kick-off Meeting for the project held at the Port Harcourt Refinery Complex, Alesa Eleme, Rivers State, Engr Yakubu said everything about the project had been carefully worked out to ensure that the target of at least 90% refining capacity is achieved when operational. “I...

Anambra election: PDP female aspirant urges electorate to shun inducement

A female aspirant in the Nov. 6 governorship in Anambra, Mrs Chidi Onyemelukwe, has urged the electorate to guard against monetary inducement in making their choice of candidates. Onyemelukwe who is aspiring for the ticket of the Peoples Democratic Party (PDP) for the race, made the call at a news conference in Awka on Monday. She said voting for the right candidate without inducement would make them demand the full dividends of from the people they had voted into power and hold them accountable. According to her, she is not intimidated by the number of aspirants and “money bags” in the race. The aspirant said that she had what it took to get the PDP ticket, win the and put Anambra on the part of economic prosperity and ensure higher degree of welfare for the citizens. Onyemelukwe, however...

Minister dissolves board of sports federation, set up caretaker committee

Barely three months to Tokyo 2020 Olympic Games, the Minister of Youth and Sports Federation, Chief Sunday Dare, has dissolved all the boards of 31 National Sports Federations and set up caretaker committees to run the fairs of the federation. This was disclosed in a press statement on Friday in Abuja. Minister said the dissolution of boards of Federations was inline with the Olympic Charter which stipulates a four year tenure for all Sports Federations Boards, “In keeping with the Olympic Charter which stipulates a 4 year tenure for all Sports Federations Boards, the tenure of the National Olympic Sports Federations in Nigeria have come to an end. There is a need for a transition from the old Boards to the new one. “Within the last 4 years, a few of the National Sports Federations Boards ...

Kano governor: Nigeria can’t progress with current level of corruption

Governor Abdullahi Umar Ganduje of Kano State has said Nigeria cannot progress with the level of corruption in the country. Speaking on Thursday at the inauguration of an eight-man Anti-Corruption Strategy Steering Committee, Ganduje stressed that all stakeholders must do all that is necessary to ensure a corruption-free state with limitless opportunities. Ganduje, who was represented at the occasion by Alhaji Usman Alhaji, the Secretary to the State Government, noted that there is no sacred lamb in the fight against corruption in the state. “Believe me, we don’t need to say that corruption in this country is killing all of us. The truth of the matter is that we will never develop or progress with this level of corruption in this country,” the governor cautioned. The governor said the miss...

Akwa Ibom wins CIRDDOC 2020 best budget transparency award

In a move that gives credence and endorsement of the commitment of the Udom Emmanuel led administration in ensuring openness, transparency and accountability in budgeting and governance, the Akwa Ibom State Government has been ranked one of the best performing states in the 2020 sub-National Budget Transparency Survey. The survey which was conducted by the Civil Resource Development and Documentation Centre (CIRDDOC) to ascertain the level of budget performance by states of the federation revealed that Akwa Ibom and four other states topped the budget performance index for the year, 2020. The Nigerian States Budget Transparency Survey Report also revealed that Akwa Ibom and some other Nigerian States have significantly improved budget transparency and participation, and has improved the ro...

CSOs threaten to occupy National Assembly over Electoral Act amendment

A coalition of Civil Society Organisations has threatened to occupy the National Assembly after Ramadan fasting, if the lawmakers fail to pass the Bill for an amendment of the Electoral Act. The CSOs which include Center For Liberty, Concerned Nigeria, The Electoral Hub, and Raising New Voices Initiative, issued the threat at a joint news conference on Thursday in Abuja. The Co-convener, Centre for Liberty, Mr Dare Ariyo-Atoye, who read the joint speech of the CSOs, said they were worried that the 9th National Assembly was yet to pass the bill. According to him the passage of the bill could have given them lasting legacies and written their names in gold. Ariyo-Atoye said that in the last 15 months, CSOs had consistently engaged lawmakers and appealed to the NASS to make the passage of a n...