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We’re Yet To Decide On What To Do With FG’s N5bn Palliatives -Wike

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The Minister of the Federal Capital Territory Administration (FCT), Chief Nyesom Wike, says his ministry is yet to make a decision on how to expend the ¦ 5billion palliative fund expected from the Federal Government.
This is as he noted his administration may consider transportation and food support as palliatives.
He said that efforts were ongoing to bring back urban mass transportation to the FCT to reduce commuters’ suffering.
Wike disclosed this to newsmen in Abuja on Monday night, after a closed-door meeting with contractors handling several projects in the FCT.
He said, “We are yet to decide on what to do with the ¦ 2billion palliative. We have not chosen any area yet. Are we going to concentrate on food, we are thinking that the issue of transportation is very very important, particularly the urban mass transit.
“People would like to have easy transportation to go to where they want to go, and if you give them rice and they eat the rice today, what about transportation tomorrow?
“So, we have not come up with what actually we are going to use the money for, but I believe food support and transportation is very key”.
Recall that the Federal Government had on August 17 announced a ¦ 5billion palliative for each state of the federation, including the FCT, to cushion the impact of the removal of the petrol subsidy.
Some state governments have confirmed receiving ¦ 2billion from the amount, while awaiting the ¦ 3billion balance.
Meanwhile, Wike noted that the FCT was not earlier included in the disbursement of the N5billion palliative funds until he wrote a memo informing President Bola Tinubu of the development.
He, however, added that President Tinubu has approved the amount, noting that other states have received ¦ 2billion already, while expressing confidence that the FCTA will equally soon receive its own.
Meanwhile, Wike said that the ministry would deliver the Millennium Tower project in the next two years.
The Millennium Tower at Central Area, Abuja, is a multifunctional edifice with facilities for cultural exposition, tourism, socialisation, recreation, hospitality, and commercial activities.
The project is being handled by Salini Construction Nigeria Limited but was abandoned due to lack of funds.
Wike said that the tower was a very important project that would change the landscape of Abuja city.
“It is a very very ambitious project, but again if we are talking of Abuja being one of the best cities in the world, then we must have such a facility.
“I can tell you it is not easy to go into that project, but we have decided that whatever it takes, it is going to be one of the legacy projects for President Bola Tinubu.
“In fact, we are looking at the next two years, if the way we are going to structure our payment is agreeable with the contractor,” Wike said.
The project, which was conceived in 2005, had reached 40 per cent completion, and is expected to, upon completion, self-finance itself from revenues generated from all the commercial activities in the complex.
The scope of the project comprises a cultural centre with four museums, and an expansive arcade consisting of a 40,000m2 platform for hosting national and other events.
It also consists of a five-star hotel with 55 luxury rooms and nine suites for about 130 persons, offices, passive and active recreational facilities, 1200 capacity auditorium, conference rooms,
Others are exhibition halls, shops, a sport centre with an indoor pool, gyms, fitness, squash courts, and a two-level 1,200 capacity basement car park.
The Millennium Tower itself is a 170-meter-tall structure accommodating a revolving panoramic restaurant for more than 130 diners.
The minister added that a careful analysis of all the awarded contracts with the contractors and his team has revealed that most of the projects were abandoned for lack of funds.
“The Minister of State, myself, the permanent secretary, and directors have concluded that it is not possible to carry on with the entire projects in the FCT.
“Therefore, we agreed to take them in order of priority. We have tried to work out most of the projects being handled by Julius Berger and agreed to see that these projects are fully completed,” he said.
Wike added that the Villa Roundabout being handled by China Geo-engineering Corporation (CGC) Nigeria Limited, would be completed in the next six to eight months.
He equally said that the ministry would ensure the completion of the projects being handled by Cetraco Nigeria Ltd, and also put a facelift on Garki, Wuse, and part of Maitama in the next one week.
He said that the contractors would be mobilised immediately, adding that Asokoro would equally have a facelift in no distant time.
On the Abuja light rail rehabilitation project, the minister said that an agreement has been concluded with CCECC Nigeria Limited to give them their money in the next two days so they can go to work.
“We are also discussing with the company the operation cost because it will not be good to rehabilitate and then you cannot operate.
“We have told them that last Thursday, we are going to meet to talk about the operation cost,” he said.
Wike pointed out that part of the problems of the projects was because they were not being funded by the national budget.
He said that in view of the funding challenge, the ministry would pick some projects that could be completed within a specific period and then decide on what to do again in the following year.

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Let’s Approach Regional Development Issues Differently – Fubara …As S’South Govs Host Fubara To 50th Birthday Celebration 

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Rivers State Governor, Sir Siminalayi Fubara, has sued for a change in the current approach adopted by South South Governors in their pursuit to achieve holistic regional development and economic prosperity.

 

The governor insisted on de-emphasis in vested individuals’ political interests while looking at the bigger picture of achieving enduring regional integration that will strengthen unity of purpose to change the trajectory of development in the region.

 

Fubara made the appeal during the meeting of Governors of South-South States, under the auspices of BRACED Commission, at the Bayelsa State Government House in Yanagoa on Tuesday.

 

This was contained in a statement by the Chief Press Secretary to the Governor, Nelson Chukwudi.

 

BRACED is an acronym for Bayelsa, Rivers, Akwa Ibom, Cross River, Edo and Delta.

 

He said: “I want to appeal that if we have to succeed in this drive, we need to keep our political differences aside and understand that the struggle, as at today, is for posterity, for the development of our region.

 

“It is really sad that in Niger Delta that is the economic base of this country, the construction of a road that you tagged ‘East-West Road’ could be an issue, that we need to beg, protest, and complain to get it fixed. I don’t think it is proper.”

 

Governor Fubara stated that it is not that the federal authorities do not understand that Niger Delta needs the road but quickly added that they have seen that even the people of the region do not take themselves seriously.

 

The governor said the moment Niger Delta people stopped playing to the gallery, and place value on themselves, outsiders will have no option than to accord the region and its people due regard.

 

Fubara said: “On my part, I want to say this: This is not the first time we are meeting. For me, I followed the course of the region meeting in a forum that we tagged “BRACED Commission.”

 

“BRACED Commission is also one of the bodies that was constituted at that time to support and work out development strategies for this region. But what I am seeing today is just limiting this meeting to only BRACED COMMISSION.

 

“We need to widen the scope where other leaders of the region should be part of the discussion of the development of the region, and I think this is the direction that will help the region.”

 

Reading the Communique of the meeting, the new Chairman of the Forum of Governors of South-South States, and Governor of Bayelsa State, Senator Douye Diri, said they support the Federal Government Tax Reform Bills, and urged President Bola Tinubu to extend the Value Added Tax (VAT) sharing percentages to oil and gas derivation.

 

He stated the Forum’s request to the Federal Government to urge relevant stakeholders and agencies to extend remediation of polluted environment ongoing in Ogoni land to other impacted communities and States in the region.

 

Governor Diri also said that the Forum resolved to establish a structural regional security network to enhance safety and security, foster stable Niger Delta region conducive for economic growth and prosperity.

 

Highlight of the event was the hosting of Governor Fubara to a surprise 50th Birthday celebration by the Governors of South-South States at the Government House in Yenagoa.

 

 

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Fubara Lauds Tinubu For Setting Up Education Load Fund … Vows To Ensure Rivers Benefit Maximally From Scheme

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The Rivers State Government has applauded President Ahmed Bola Tinubu for conceiving the idea of setting up the Nigeria Education Loan Fund (NELFUND) which has opened up opportunities for youths to acquire tertiary education irrespective of their financial status.

 

Rivers State Governor, Sir Siminalayi Fubara, gave the commendation while playing host to a delegation from NELFUND who came on an advocacy visit to the Government House in Port Harcourt on Tuesday.

 

Represented by his deputy, Prof. Ngozi Nma Odu, Governor Fubara said in developed countries it is common for people to go through school with loans which they sometimes pay all throughout their lives, noting that “for us, it is more accessible and more friendly because you would be required to pay back the loan two years after your National Youth Service.

 

“It is a win-win situation; it is a situation where the youths in Nigeria should not say because my parents are poor or passed away I cannot improve on my educational growth. This offers them a golden opportunity and I am glad you came for this advocacy.”

 

The governor urged NELFUND to intensify its advocacy to let the people know how they can benefit from it, adding that it is more important when talking about vocational institutions.

 

“If you look at the developed countries it is people that went to the vocational schools that make so much money, because it is pricey to get somebody to do anything, we need to instil this into our people, our youths, because people sometimes tend to look down on people that went to vocational schools, it should not be,” he said.

 

Fubara expressed delight with the NELFUND programme and assured that the State Government would do whatever it can to ensure Rivers State benefits maximally from the scheme.

 

In his remarks, the Managing Director and Chief Executive of NELFUND, Dr. Akintunde Sawyer, informed the governor that they were in  Rivers State to seek the support of the State Government towards the loan,  stressing that President Tinubu has directed them to ensure no Nigerian student who has the ability and desire to get educated at tertiary level is denied the opportunity due to lack of funding.

 

He explained that the scheme provides interest-free loans to students who apply, adding that these loans are not repayable until two years after their Youth Service when they must have gotten a job.

 

 

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UK Appoints British-Nigerian As Trade Envoy To Nigeria

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A British-Nigerian politician, Florence Eshalomi, has been appointed as the United Kingdom’s trade envoy to Nigeria.

Her appointment makes Eshalomi the second Nigerian to hold the position.

Confirming her appointment on X on Tuesday, she wrote: “It is an honour to have been appointed as the United Kingdom’s Trade Envoy to Nigeria.

“I’m looking forward to building on my close ties with Nigeria to promote a strong and flourishing economic relationship between our two great nations.

“I am looking forward to strengthening the UK’s relationship with Nigeria to explore shared growth and opportunities for both countries.”

Announcing the appointment in a statement on Tuesday, Jonathan Reynolds, the UK’s Business and Trade Secretary, said the decision was aimed at attracting investment into the UK and boosting economic growth.

“I’ve launched a new team of trade envoys who will use their experience, expertise, and knowledge to unlock new markets around the world for British businesses, attract investment into the UK, and ultimately drive economic growth,” Reynolds said.

Eshalomi, 44, is an MP representing the Vauxhall and Camberwell Green constituency.

She holds a Bachelor of Arts (Hons) in Political and International Studies with Law from Middlesex University.

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