News
$15bn Rail Project To Connect N’Delta States Not Started Yet, Says NDDC
Published
1 month agoon
By
Editor
The Niger Delta Development Commission has reiterated that the Memorandum of Understanding with a US-based firm, Atlanta Global Resources Inc., to build a railway network that will connect the nine states of the Niger Delta region is to commence the preliminary processes of feasibility and viability of the rail project.
This is coming on the heels of the position of the Chairman of the NDDC’s Governing Board, Lauretta Onochie, that the MoU with the US firm is “shady and illegal.”
She had alleged that the deal was signed “without her knowledge and without the authorisation or consent of the board.”
Onochie, who listed reasons the MoU was declared illegal, said the Act establishing the NDDC (Act No 6, of 2000), states that the chairman of the board is solely vested with the power to sign MoUs with any organisation.
READ ALSO: Court Strikes Out Suit Against Buhari On NDDC Appointments
However, the statement signed by the Commission’s Director of Corporate Affairs, Dr Ibitoye Abosede, made available to The PUNCH on Friday, partly read, “At the Public-Private Partnerships Summit which we organised in Lagos on Tuesday, April 25, 2023, we signed a Memorandum of Understanding with a United States-based firm.
“This foundational process may have been misconstrued by some persons to mean that the NDDC has signed the Engineering, Procurement and Construction contract.
“We have been inundated with enquiries over what is ordinarily one of the preliminary steps necessary for the actualisation of a partnership arrangement with the private sector.
“All we signed at the PPP Summit was a basic MoU to commence the preliminary processes of feasibility and viability of the rail project. It did not include any agreement on details.
READ ALSO: CSOs Sue NDDC Over 2020 Budget Breakdown
“It is only after the preliminary studies, that the finance appraisals will be done and then the civil engineering procurements and the locomotive hardware will be considered.
“For those who may not know, Atlanta Global Resources Inc deals with financing for Industrial products, infrastructure projects, agriculture equipment, capital equipment financing etc. They came recommended by a reliable US financial institution, especially for the deployment of US-produced locomotives,” the statement added.
The NDDC added that it was aware that a partnership agreement for a massive project such as a railway network involves many international and national financial protocols.
“Obviously, many things will be involved and it comes in the mould of the NLNG train 7. Again, the ICRC and the Nigerian Railway Corporation, NRC, as well as the Ministry of Transport will be part of the negotiations. In addition, EPC contractors and hundreds of other international consultants will be involved.
READ ALSO: Niger Republic Comment: Buhari Under Fire
“The prospects of realising the rail network are very good and we are confident that we will succeed ultimately.
“The current Board and Management of the NDDC have resolved to do things differently so as to effectively drive sustainable development in the Niger Delta region.
“To give effect to this, we decided to use the PPP model to provide alternative sources of funding for key development projects and programmes,” it further read.
The Commission urged stakeholders to give them the necessary support to ensure that they succeed in the venture.
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News
After Meeting Tinubu, Oil Marketers Declare Support For Fuel Subsidy Removal
Published
8 hours agoon
June 7, 2023By
Editor
The Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN) on Wednesday in Abuja pledged its support for the Federal Government’s removal of fuel subsidy.
The association’s chairperson, Dame Winifred Akpani, made the disclosure at the end of a meeting with President Bola Tinubu.
She said the association would also support the government’s palliative measures by providing between 50 and 100 mass transit buses.
Akpani said the buses would be locally manufactured and would use Compressed Natural Gas as fuel.
READ ALSO: Govs Back Tinubu On Subsidy Removal
“We pledge our support for President Tinubu in the bold decision of removing petrol subsidy. It is an idea that was long overdue.
“Removal of subsidy is not about making fuel costly and taking it out of the reach of Nigerians. It is about getting it right on the real issue of petroleum product subsidy.
“Who are those enjoying the subsidy? The subsidy ends up being enjoyed by those it was not meant for.
“We also spoke to the president about substitutes to petrol as well as creating an environment conducive for investments to thrive in the oil sector,’’ she said.
Gov. Dapo Abiodun of Ogun, who led the DAPPMAN delegation, described the subsidy removal as a bold step that portended positive growth for the economy.
READ ALSO:sibsObi Clarifies Position On Subsidy Removal
He said fuel subsidy withdrawal was a clear indication of Tinubu’s readiness to address the challenges of the oil and gas sector.
“Subsidy has become a N4 trillion per annum issue and its removal will release more funds for economic development.
“Subsidy removal will unleash the potential of Nigeria because it will open up a lot of resources for the development of other sectors of the economy.
“The National Economic Council will soon begin sitting to propose interventions on the subsidy removal.
“The interventions will definitely be a long-lasting solution to the effect of fuel subsidy removal on Nigerians,’’ Abiodun said.
News
ASUU: Ngige Blasts House Chairman On Tertiary Education
Published
8 hours agoon
June 7, 2023By
Editor
Abuja: Former Minister of Labour and Employment, Dr Chris Ngige, has blasted the House Committee on Tertiary Education, Aminu Goro, for alleged fabrications, outright lies and unwarranted attacks on the floor of the House, towards political gains, saying there was no plan to proscribe the Academic staff union of Universities, ASUU.
Ngige who expressed shock by the lawmaker’s outburst, urged the outgoing House of Representative member to go back and read the Trade Union Act, (2004) and not to rubbish other persons for political survival.
The former minister in a statement from his Media Office, among others, said “The Minister of Labour does not need Presidential approval to withdraw certificates of registration of Trade Unions. The Trade Union Act 2004 permits the Registrar of Trade Unions to cancel a certificate suo moto in Section 7 especially as ASUU had breached Section 3 on the annual rendition of Audited Accounts. ASUU was in default for five years.
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“Another Section of Trade Dispute Act; The Essential Services Act Cap T9 permits the President to proscribe any erring Union involved in an illegal strike but all through the 2022 ASUU strike neither the President nor any of his Ministers in Education or Labour mooted such an idea because the Minister of Labour and Employment has done the right thing by the transmission of an Instrument on the issue to the National Industrial Court of Nigeria for adjudication in accordance with Section 17 of TDA. 2004. So former President Buhari and his officials chose the path of the rule of Law in dealing with the unending strike when conciliation failed instead of an arm-twisting proscription as alleged by Aminu Goro.
“Aminu’s cock and bull narrative aimed at sweetening the ears of the audience including fellow outgoing members at the expense of other patriotic Nigerians including the former President should be discouraged by all including the outgoing Speaker. No such incident ever happened on the Executive side and hence the painted scenario never took place at all. This is by no means to say that the Outgoing Speaker and Chief of Staff designates to the President did not contribute to the resolution of the issue with ASUU. He did and passionately too like many others on the government side and the Traditional and Religious leaders. But the ultimate solution and relief came from the Judiciary. Judges of both the NICN and the Court of Appeal who interpreted the relevant sections of the Trade Dispute Act 2004 without fear or favour and ordered ASUU back to the classroom.”
READ ALSO: NLC Writes ASUU, JUSUN, Others Ahead Of Nationwide Strike
He added that ASUU violated section 37 of the Trade Unions Acts CAP T14 that required the registered trade unions to submit their annual audited accounts and financial returns to the Registrar of Trade Unions on or before 1st June every year. Section 7 of the Acts gives the Registrar the power to cancel the certificate of registration of any trade union that deliberately contravened or continue to contravene any provision of the Act after receipt of a warning in writing from the Registrar.
“Warning in writing was duly issued to ASUU in 2019 and 2021 but deliberately and in order to leave them with a window for peaceful resolution this right was not exercise.”
News
Ex-Ogun NNPP Chairman, In Police Net Over Alleged Fraud
Published
8 hours agoon
June 7, 2023By
Editor
The embattled former Chairman of the New Nigeria People’s Party (NNPP), in Ogun State chapter, Olaposi Sunday Oginni, has been arrested by men of the Nigeria Police Force.
It was gathered that Oginni was arrested over allegations bordering on financial misappropriation, fraud, money laundering, among others.
Vanguard reliably gathered that the Oginni was arrested on Tuesday in Abeokuta, by a team of police detectives from Force Headquarters in Abuja.
Oginni was detained at Lafenwa Police Station, Abeokuta, before he was later whisked away to Police Headquarters, Abuja on Wednesday.
Oginni’s arrest followed a petition sent to the Inspector General of Police, Usman Alkali Baba, by E.A Igwe & Co on behalf of the board of trustees and members of the party.
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The petition with Ref EAV/MISC/05/1992/2023, was dated May 20, 2023 and titled “Call for the arrest of the culprits and to subject them to the full wrath of the law”.
The petitioner noted that the main culprit was guilty of money laundering.
The petition reads, “It is our further information that the culprits are also guilty of gunrunning, which most of them used during the just concluded election in some states, including Ogun. We are informed by our clients, and we verily believe same that the relevant facts-in-issue are as stated hereunder for your perusal.
“It is our instruction that these culprits are hell-bent and had conspired amongst themselves to deliberately destabilize and frustrate the activities of New Nigeria Peoples Party (NNPP) at the party secretariat situate and lying at No. 11 Mahatma Gandhi Street, Area 11, Garki Abuja for no justifiable reason save to project their evil plot by attacking the party secretariat.
READ ALSO: Court Admits Final Results In LP, Obi’s Petition
“The main culprit is guilty of money laundering charges and will not stop in such a boastful act unless arrested and subjected to the full wrath of the law. It is our further information that the culprits are also guilty of gunrunning, which most of them used during the just concluded election in some states including Ogun State. The culprits are also fingered to be financing terrorism contrary to Section 25 of the Money Laundering Act”.
Confirming the arrest of Oginni, the Public Relations Officer of the Ogun State Police Command, Omolola Odutola, noted that a team of investigators came from Abuja on investigation activities and arrested the former NNPP chairman over unlawful possession.
She added that Oginni was detained in Lafenwa division and was taken to Abuja early this morning.
“A team of investigators came from Abuja Command on investigation activities and arrested the person you are asking about for unlawful possession. He was detained in Lafenwa division, and early in the morning, the suspect was taken to Abuja. The command did not arrest him, but detectives from Abuja Command, Lafenwa was the division where he was detained,” Odutola added.

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