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Senate Probes N11.35trn Spent On Rehabilitation Of Refineries

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The Senate has raised an ad hoc committee to investigate all the contracts awarded for the rehabilitation of all state-owned refineries said to have gulped N11.35trillion n in 13 years.
It also mandated the panel to interrogate the Ministry of Petroleum Resources, the Nigerian Upstream Petroleum Regulatory Commission, Nigerian National Petroleum Corporation Limited and the Bureau of Public Enterprises on the best approach to commercialise state-owned refineries.
The Deputy Senate President, Jibrin Barau (APC, Kano) who presided over the plenary, named Senator Isah Jibrin Echocho as the chairman of the committee.
Other members are chairmen of the Committees on Petroleum Resources (Downstream, Upstream and Gas), Finance, Appropriation, and Public Accounts.
They are expected to submit their report within four weeks.
The resolutions followed a motion by Senator Sunday Karimi (APC, Kogi) during Tuesday’s plenary.
Nigeria’s four refineries in Kaduna, Warri and Port Harcourt had become moribund for years despite the series of repairs executed under various Turn Around Maintenance contracts that had gulped huge amounts.
Karimi, in his motion, expressed concern that the state-owned refineries have been serious drain pipes of public finance, depriving citizens of the joy of being an oil-producing nation.
He said between 2010 and now, Nigeria is estimated to have spent N11.35trillion, excluding other costs in other currencies which include $592, 976, 050.00, 4, 877, 068.47 Euros and 3, 455, 656.93 Pounds, on the renovation of refineries, yet they are unproductive.
He said despite the moribund state of the four refineries, their operating costs between 2010 and 2020 are estimated at N4.8 trillion.
The refineries are estimated to make the cumulative loss of N1.64 trillion, within four years, he added.
He expressed worry that if a thorough investigation of the past and current rehabilitation projects is not undertaken by the Senate, the circle of awarding unproductive turnaround maintenance contracts may not abate, thereby retaining the status quo where rehabilitation contracts have become conduit pipes for siphoning public funds.
Senators, in their various contributions, said the country could not continue to spend money on an unproductive venture and urged the relevant authorities to ensure that those responsible for the state of the refineries are sanctioned.
Adams Oshiomhole (APC, Edo), said the Senate must ensure proper oversight functions to make sure that Nigerians enjoy value for their tax.
He said, “The amount so far spent on the refineries can build brand new ones. Senators must take the issues with all seriousness it deserves.”
Aliyu Wadada (SDP, Nasarawa) said the high level of corruption while Adamu Aliero (PDP, Kebbi) alleged that economic saboteurs deliberately frustrated the government’s effort to make the refineries to work so they continue to benefit from fuel importation.
Idiat Adebule (APC, Lagos) wondered why the nation keeps putting money into the rehabilitation of refineries annually when they remain non-functional.
The Deputy Senate President said that had the refineries working, the country would not be experiencing the current economic hardship.
Barau said, “So, it is therefore very important that a thorough investigation should be done to make sure that everything that we need to know is brought open to us.
“Who are those who are sabotaging the efforts of government? Anybody who has a hand, sabotaging the efforts of the government to bring these refineries into operation and those who have taken money that is meant to turn around these refineries must be brought to book. We must know them and decisive actions must be taken.”

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NAFDAC Busts Fake Alcohol Factory In Lagos

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The National Agency for Food and Drug Administration and Control (NAFDAC) has dismantled a makeshift factory in the Oke Arin market, Lagos Island, where counterfeit alcoholic beverages were being illegally produced.
According to a statement via its X, yesterday, the agency, acting on a complaint, conducted a raid that led to the arrest of three men and the seizure of counterfeit drinks, empty bottles, and packaging materials.
According to NAFDAC, the seized products, which included fake versions of popular alcoholic brands, were valued at over ¦ 180 million.
The main suspect, Mr. Tochukwu Henry, confessed to refilling bottles labelled as Rémy Martin with ST-Rémy contents.
He also admitted to employing two other individuals to assist in the operation.
The statement said, “NAFDAC has raided a makeshift factory in Oke Arin market, Lagos Island, following a complaint about the illegal production of alcoholic beverages. Three men were apprehended and various counterfeit alcoholic drinks, empty bottles, and packaging materials were seized.
“The products, valued at over ¦ 180 million, included fake versions of popular brands. The main suspect, Mr. Tochukwu Henry, confessed to refilling bottles labelled as Rémy Martin with ST-Rémy contents and employing two others to assist in the illicit operation.
“All suspects are currently in custody for further investigation. NAFDAC calls on the public to remain vigilant, especially during the festive season, and to report suspicious activities and products to the nearest NAFDAC office.”

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Reps Give FG 72 Hours To Unfreeze NSIPA’s Accounts

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The House of Representatives has called on the Federal Government to direct the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, to within 72 hours, unfreeze the accounts of the National Social Investment Agency (NSIPA), given its role in addressing hunger and poverty.
The position of the Green Chamber was a sequel to the adoption of a motion at yesterday’s plenary sponsored by the Deputy Speaker, Benjamin Kalu, and 20 other lawmakers.
Allegations of corruption and shady deals compelled the President Bola Tinubu-led government to freeze the accounts of the agency, to give room for a total overhauling of its programmes.
While calling for support for the motion yesterday, Kalu emphasised that NSIPA oversees critical social intervention programmes such as Grant for Vulnerable Groups, N-Power, the Government Enterprise and Empowerment Programme, Conditional Cash Transfers and the National Home-Grown School Feeding Programme, among others.
He also noted that the Renewed Hope Agenda of the Tinubu-led government emphasises the mandate of the NSIPA to cushion the effect of economic shocks on the poor and the vulnerable.
He said, “The House is disturbed that despite the programmes of NSIPA being vital for poverty alleviation, youth empowerment, and economic inclusivity in Nigeria; the agency’s functionality has been hindered due to administrative bottlenecks, insufficient funding and frozen accounts.
“The House is worried that the effort of the government and the laudable programmes of NSIPA were truncated by alleged financial mismanagement by handlers of the programmes leading to the suspension of programmes and freezing of the agency’s account and subsequent investigation by anti-corruption and security agencies.
“The House is concerned that the smooth operations of the programmes and the fulfilment of the mandate of NSIPA are hindered due to the suspension of the accounts of the agency and other administrative bottlenecks, which has remained in force even more than three months after the President reconstituted the new management of NSIPA.”
Kalu who represents Bende Federal Constituency, Abia State, further said the frozen accounts of the agency contradict the President’s mandate on poverty alleviation by hindering and halting social welfare programs, including conditional cash transfers, small business grants, and school feeding initiatives.
This, according to him undermines “Economic empowerment initiatives, delays in achieving Sustainable Development Goals and cause erosion of public confidence and administrative paralysis in fighting poverty, among other things.”
Kalu noted that following the suspension of accounts of the NSIPA, “The N-Power programme has been so negatively affected that 395,731 beneficiaries are owed outstanding stipends to the tune of N81.32bn; a fund already captured under the 2023 and 2024 amended Appropriation Acts, which will lapse by the year ending December 31, 2024.”
Following the adoption of the motion, the House urged the President to mandate the minister of finance and the Coordinating Minister of the Economy to “ensure that all frozen accounts of the National Social Investment Programmes Agency are unfrozen within 72 hours to enable the smooth recommencement of all the programmes.”
The minister was also tasked to ensure the release of funds to NSIPA for the payment of outstanding stipends owed to 395,731 N-Power beneficiaries nationwide without further delay.
It further mandated the Minister of Humanitarian Affairs and Poverty Reduction, Dr Yusuf Sununu, to ensure that all the administrative bottlenecks hindering the smooth operations of all programmes of NSIPA are immediately removed.

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Rivers Dep Gov Bags Award

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Rivers State Deputy Governor, Prof. Ngozi Nma Odu, has expressed gratitude to the Nigerian Institute of Food Science and Technology for upgrading her to the status of a Fellow by the President and Governing Council of the Institute.
Prof Odu expressed this when a delegation of Fellows and other members of the Institute visited her at the Government House in Port Harcourt, yesterday to perform her Investiture as a Fellow of the Institute of Food Science and Technology.
Prof. Odu said that what the Institute has done for her is exceptional, adding that she feels so humbled by their kind gesture and proud of the Institute which she described as a trailblazer.
I want to thank our Emeritus Prof. Simeon Achinewhu for keeping the flag flying and I am pleased to be a part of this family”. Prof. Odu further stressed.
The Deputy Governor who called for continuous prayers for the success of the Governor Fubara-led Administration, noted that prayers were their greatest defense in times of trouble.
“This Administration needs God to sustain us, we need God to direct our steps, we need God to navigate especially when you have challenges, God has done it thus far and I believe the good Lord shall lead us until we finish when he wants us to finish.” The Deputy Governor further stressed.
Also speaking the leader of the delegation, Emeritus Prof. Simeon Achinewhu, said they were in the Government House to decorate the Deputy Governor as a Fellow of the Nigerian Institute of Food Science and Technology, in line with the directive of the national body of the association to formally present the Deputy Governor with her award and certificate of membership, following are indelible contributions to the growth of the association.
Earlier, the Chairman South -East Chapter, of the Nigerian Institute of Food Science and Technology, Dr. Bariwere Samuel, while assuring the State Government of its readiness to partner with the State on its food safety programs, said it is willing to deploy its expertise and resources to compliment the State Government’s efforts in ensuring the availability of safe and nutritious food for its citizens.

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