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Buhari To Spend $29.96n Loan On East-West Road, Others -Senate
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The Senate has disclosed that President Muhammadu Buhari would expend the request for external loan of $29.96billion on the execution of five legacy Infrastructural projects across the country, just as it said that Nigeria cannot stop borrowing.
Speaking with Journalists in Abuja, at the weekend, Chairman, Senate Committee on Finance, Senator Solomon Olamilekan Adeola (APC, Lagos West), who disclosed that Buhari’s administration has five legacy projects which it planned to spend the money on, however, identified the projects as the Second Niger Bridge, the East-West Road, the Lagos-Ibadan expressway, the Mambila Power project, and the Kaduna-Abuja Highway.
Adeola, who noted that the loan will not have untold hardship on the people, said that if the need arises, the Senate would organise a public hearing where Nigerians in all strata of the society would come up with suggestions before the final approval by the lawmakers, adding that at the end of the day, the Senate would monitor the utilization of the loan.
The senator also vowed that the Senate would monitor the over 300 revenue generating agencies, with a view to ensuring that revenues that should get to the government coffers get there and used for the overall interest of the country.
He has also threatened that the Senate would probe claims about the Volume of Imported Fuel and those who have cheated Nigerians should be prepared to face the full wrath of the law as they would be prosecuted, adding that the Senate would block all the leakages in the Nigerian National Petroleum Corporation (NNPC).
It would be recalled that President Muhammadu Buhari, had on November 28, written to the Senate, again requesting for the approval of 2016-2018 External Borrowing to the tune of $30billion to be spent by the Federal Government to execute key Infrastructural projects across the country.
The letter, which was dated November 26, 2019, was read on the floor of the Red Chamber by the President of the Senate, Dr Ahmad Lawan, during plenary.
In the letter, President Buhari explained that it became imperative to represent the request because the Eighth National Assembly approved only a part of the External Borrowing request forwarded to it in September, 2016.
Adeola said, “The approval of the loan would afford the government, an opportunity to achieve the completion of the projects before the end of the Buhari’s administration.
“The borrowing plan would assist the government to fulfill its promise to Nigerians.
“The plan is not only for one or two years, it is for the next four years. So, the loan would be taken in tranche.
“For instance, what the government desire to borrow in 2020, would be requested in 2020. That is why it is called a plan. The Senate will monitor its utilization as soon as they are coming in.
“The Federal Government is not asking the National Assembly to approve for it, the sum of $29.96billion loan. This is because in the last Senate, about $6billion have been approved for President Muhammadu Buhari to borrow out of the $29.96billion.
“It is the balance of that figure that the government is asking us to approve for it in the borrowing plan, which is about $22.6billion. The Senate Committee on Finance will organise a public he aring on the issue if need be. In the alternative, we would engage the various agencies of the government to give them a clearer view of how the money would be utilized.
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Retirement: Ignore PSC’s Directive, Remain In Office, IGP Tells Officers
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The Inspector General of Police, IGP Kayode Egbetokun, has instructed all police officers affected by the recent directive from the Police Service Commission (PSC) to disregard the order.
The PSC had directed officers who have served 35 years or reached 60 years of age to retire immediately.
A wireless message from the office of the Force Secretary, dated February 11, 2025, stated that the IGP “strongly directs all officers affected by the PSC’s directive to stay action, pending further instruction.” Officers were told to comply strictly with this order.
Last week, PSC spokesman Ikechukwu Ani, explained that the commission’s order followed a review of its previous stance from the 24th plenary meeting in September 2017, allowing force entrants to use their enlistment date rather than their initial appointment date.
The commission cited inconsistencies with Public Service Rule No. 020908, which mandates retirement after 35 years of service or upon reaching 60 years of age.
However, the PSC clarified that it does not have the constitutional authority to determine the appointment or retirement of IGP Egbetokun.
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Be Consoled, God Who Gives, Also Takes, Fubara Tells Principal Secretary
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Rivers State Governor, Sir Siminalayi Fubara, has extolled the sterling motherly virtues of late Mama Ayebadieye Edward Igbeta, and urged the children not to deviate from those valuable lessons she had taught them.
Late Mama Ayebadieye Edward Igbeta (79 years) is the mother of Dr Ayebaesin Jacob Beredugo, the Principal Secretary to Governor Fubara.
The Rivers State Governor, who described Dr Beredugo as a brother, trusted ally and key stakeholder of his administration, urged him to be consoled in God and bear the loss with fortitude.
Governor Fubara gave the advise at the funeral service in honour of late Mama Ayebadieye Edward Igbeta at the Cathedral Church of St Luke, Anglican Communion in Nembe City, Nembe Local Government Area of Bayelsa State yesterday.
The Rivers State Governor said: “We are here as a government to show that in this difficult time, we stand with him. We know that there is no consolation here that can fill the gap of this loss, more especially the loss of a mother.
“But, we want to draw his mind to the good Book: that it is the Lord that giveth, and it is also the Lord that taketh. And he takes for a reason.
“We live in a corrupt world, and when you are a saint in the world, when it pleases the Almighty and He believes that He doesn’t want you to be corrupted, He takes away the soul to a better place where death is no more, where you don’t have to look for food again, where you have peace.”
Governor Fubara expressed strong belief that given the way Mama had lived and the good virtues that had been read out and said about her, there is no doubt that she will be in a good side in heaven.
The Governor decried the current condition of the cathedral where the funeral service held and committed the support of the Rivers State Government to ensure the completion of the building in memory of late Mama Ayebadieye Edward Igbeta
“We have been made to understand that the Cathedral needs strong support. We are willing to support the completion of the Cathedral. We will support the building in memory of Mama with the sum of N50million”
Delivering the sermon on the topic; “Hope in the face of death”, Bishop of the Diocese of Western Izon, Rt. Rev. Victor Okporu, said those who are confidently expecting positive future must also believe in Jesus Christ, repent of their sins, and be prepared to spend eternity with Him.
Reading the biography of the late Madam Ayebadieye Edward-Igbeta, brother of the decreased, Mr Godwin Ekine, said his late sister was an embodiment of love, care, peaceful and kind-hearted, and touched lives through her generosity and compassion.
Friends and well-wishers from Bayelsa, Rivers and Delta states, some of whom shared fun memories of the late matriarch, were later hosted to a funeral reception at King Koko’s Square in Nembe Town.
Also at the burial were the State Deputy Governor, Prof Ngozi Odu; Speaker, Rivers State House of Assembly, Rt Hon Victor Oko-Jumbo; member representing Ikwerre/Emohua Federal Constituency in the National Assembly, Hon Boniface Emerengwa; and Chief of Staff, Government House, Dr Edison Ehie.
Others are Head of Service, Dr George Nwaeke; Attorney General and Commissioner for Justice, Dagogo Israel Iboroma, SAN, Dr Tamunosis Gogo-Jaja; Chief Hanny Woko; Amaopusenibo Fubara Hart; Chief Theodore Georgewill; members of the State Executive Council; Special Advisers; top politicians, leaders and stakeholders in the State; among others.
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Old Boys Plan Rehabilitation Of GSS, Okehi
The Chairman of the Old Boys Association of Government Secondary School (GSS), Okehi Etche, Rivers State, Prof. Sir, Umunna Offor, has stated that the association would soon visit their alma-mater and rehabilitate decayed infrastructure and facilities in the compound.
The chairman made this assertion while speaking with some newsmen after an extensive meeting of the Old Boys in Port Harcourt, recently.
Sir Offor stated that since they left the secondary school, some years ago, most of the facilities and infrastructure built by then Rivers State Government had decayed and worn out.
“ However, being responsible ambassadors and Old Boys of the college, we would not fold our arms and expect government to rebuild everything in the school compound, hence, we have decided to come together and graciously assist our alma mater’, he said.
“The meeting was basically for like-minds to gather to find a way to help the school, it is a thing of joy to see and receive old school friends and comrades who have gone far in life and have excelled in their respective chosen fields”.
Speaking in the same vein, Engr, Lasbrey Amadi; (FNSE), who is also an old boy and former member of the House of Representatives, said the association would be working in synergy with the administrators of the school to ensure that in no distant time; there would be a massive face-lift in the physical infrastructure in the school compound.
Veering into politics in Nigeria of today, Engr, Amadi, said that god-fatherism in politics had seriously killed the gains and beauty of democracy in Nigeria and quickly urged politicians to always play-down the issue of god-fatherism in politics and ensure good governance in the country.
In his comment, the Public Relations Officer (PRO) of the Association, Mr Goodluck Nwaobilor, said the door of the association is still wide open for new members who finished from the school to join and work towards taking the association to higher level.
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