: CBN
: CBNThe Central Bank of Nigeria (CBN) has disclosed that more than fourhundred companies have so far benefited from the two hundred billion nairaintervention fund for re-financing and resuscitation of the manufacturingsector out of this, one hundred and ninety eight billion naira has beendisbursed.The…
Effective Water Transportation’ll Boost Vision 20:2020’bbi State
‘Effective Water Transportation’ll Boost Vision 20:2020’ By Charles AjunwaAnambra State governor, Mr. Peter Obi, has said that efficient inland water transportation is necessary in the transformation of the national economy to actualise Vision 20:2020. In a statement signed by his Special Assistant on Media, Mr.…
Title: EFCC
Title: EFCCThe Economic and Financial Crimes Commission has invited three moresuspects in the alleged sixty-one point six-three billion nara fraudrocking the Ondo State Oil Producing area Development Commission(OSOPAPDEC).The commission said it has moved all the fifteen exotic vehicles retrievedfrom OSOPADEC’S chairman Mr. Debo…
World Bank
World BankThe African Union (AU) has thrown its weight behind Nigeria’s coordinatingminister of the economy and minister of finance Dr. Ngozi Okonjo-Iweal forthe soon-to-be vacant presidency of world bank.Reports say prime minister of Ethiopia Meles Zenawi, the chairperson ofthe African union commission dr. Jean…
Advertising Top
Check Mail
Login Form
‘Effective Water Transportation’ll Boost Vision 20:2020’
By Charles Ajunwa
Anambra State governor, Mr. Peter Obi, has said that efficient inland water transportation is necessary in the transformation of the national economy to actualise Vision 20:2020.
In a statement signed by his Special Assistant on Media, Mr. Valentine Obienyem, Governor Obi said that the country needed effective water transportation at this time as a critical component to strengthen the entire national transport system and ease movement of goods and people from one part of the country to another.
The governor who disclosed this when the management team of the Federal Inland Waterways Authority paid him a courtesy visit at Government House, Awka, said he regretted that the absence of functional water transportation had placed a heavy burden on road transportation, leading to early collapse of many roads across the country.
He said that Onitsha as the hub of commercial and economic activity required direct transportation of goods from the various ports across the country through transhipment. He called the attention of the authorities to the indiscriminate allocation of water fronts in Onitsha to traders to build shops and other structures that threaten the environment and destroy the state government’s beautification programme and urged them to recover the area.
The Managing Director of the Federal Inland Waterways authority, Mr. Ahmed Yar’Adua, said the country was blessed with over 3, 000 klms of waterways covering over 28 states and said that if well harnessed would boost effective water transportation in the country.
Yar’Adua explained that the lower Niger had been dredged and could now take barges from Baro, Lokoja, Oguta and other ports, while the Onitsha water port had been rehabilitated and awaiting commissioning by the President.
Kebbi State
The Acting Governor of Kebbi State, Alhaji Habibu Jega has sacked the
secretary to the State Government (SSG) Alhaji Ahmad Sama and the head of
service, Alhaji Ahmed Bunza.
According to reports the sole administrator of Kangiwa local government,
Alhaji Nura Kangiwa has replaced Sama as secretary to the state government
after being sworn-in by Justice Zakari Gulma in Birnin Kebbi while Alhaji
Buhari Haladu replaced Alhaji Ahmed Bunza as the new head of service.
Reports said the new head of service was the permanent secretary ministry
of science and technical education.
After the swearing-in of the new SSG, the acting governor thanked the
secretary to the state government and the head of service for the
tremendous services they had rendered to the state while in service.
Title: Govs. Reject Allocations
The Nigeria Governors Forum has directed state commissioners for finance
to reject revenue allocations not in accordance with the appropriation act
of twenty-eleven.
The forum gave the directive in a communique read by its chairman and
rivers state Governor Chibuike Amaechi at the end of its meeting in Abuja
today.
The forum also rejected illegal deductions amounting to one point
seventy-nine trillion naira for nine months, which it said were in excess
of the budgeted two hundred and forty billion for oil subsidy, describing
it as a clear violation of the provisions of the act and the Nigerian
constitution.
The governors commended the state commissioner for finance and
accountant-generals for rejecting the illegal deduction of two hundred and
thirty-one point six billion at the October meeting of the federation
account allocation committee noting that the lawful deductions for the
year had been made fully.
Title: EFCC
The Economic and Financial Crimes Commission (EFCC) has revealed how the
detained immediate past governor of Gombe State, Senator Danjuma Goje,
spent one-point-nine billion naira to print ninety-eight thousand copies
of dictionary for students in the state.
The revelation was one of the eight-counts contained in the money
laundering and
Misappropriation of funds charge slammed on him and three others.
The trio had also been arrested and detained by the commission for the
commencement of their joint trial at the federal high court.
In the said count, the EFCC accused the former Governor, the former
chairman of the state’s Universal Basic Education Commission (UBEC),
Alhaji aLiyu El-nafaty and a contractor, Alhaji S. M. Dokoro, of conniving
to steal the state’s funds through the one-point-nine billion naira
contract, which was executed by just ten per cent.
It was alleged that the former governor directed El-nafaty to give the
said contract to Dokoro, his business associate, to print one million
copies of dictionary for students in the state.
Featured News
Read more...
Read more...
Read more...
Advertising
.