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Buhari To Borrow N819.5 Billion To Finance 2022 Supplementary Budget

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President Muhammadu Buhari has asked the House of Representatives to approve N819.5 billion supplementary budget for 2022.

In a letter read by Speaker Femi Gbajabiamila on Wednesday, President Buhari said the budget will be financed with new domestic borrowing.

He noted that if the supplementary budget is approved, it will take a total deficit in 2022 to N8.17 trillion.

Mr Buhari explained that the country decided to explore a supplementary budget because of the impact of flood and the need to complete major roads that are at 85% completion.

The president writes that 2022 has witnessed the worst flood incident in recent history which has caused massive destruction of farmlands at a point already close to harvest season, this may compound the situation of food security and nutrition in this country,” the letter reads.

Adding that “The flood also devastated the road infrastructure across the 36 states and the FCT. It has affected several sections of major roads and bridges nationwide that are critical to the movement of goods and services. The water sector was equally affected by the flood, and there is a need to complete some ongoing projects that have achieved 85% completion across the country.”

READ ALSO: Finance Minister Clears Air On N424bn Budget Padding

The letter was referred to the House Committee on Appropriation for further legislative action.

In another letter, President Buhari also informed the lawmakers that the government will take another N1 trillion loan from the CBN through ways and means.

He said the additional N1 trillion will take the total obligation to CBN to N23 trillion which the government seeks to convert to bonds.

The letter was referred to Committees on Finance, Banking and Currency, Loans, Aid and Grant.

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How God Saved Me From Firing Squad – Gospel Artiste, Buchi

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A popular gospel singer, Buchi Atuonwu, simply known as Buchi, has revealed how God saved him from firing squad.

During an interview on Channels Television’s Morning Brief program on Friday, Buchi said he and some other people were already lined up for execution by the firing squad.

He said despite not being religious, his desperation to be alive made him call on God and make a promise to dedicate his life to serving Him in exchange for his life if spared.

He narrated, “At a point in my life, we were laying up for execution. Indeed, the people who were to execute us were already kneeling, ready to fire. It is true that I called out to a God that I didn’t know, saying if you save me, I will serve you. Since we don’t have all the time, let me just say that He saved me from that firing squad.

READ ALSO: How I Formed Kidnap Gang During My 11yrs In Prison- Suspected Kidnapper

“Then I devoted my life to serving him. To see that my music is not empty and that it becomes an extension of a classroom for me having been a teacher in the university. The stage became an extension of the classroom. Who says musicians can not sing about GMOs, government policies, trends, events, and happenings that inform the quality of life of the people?”

Speaking on what influenced his choice of music, Buchi said his background and an intention to make a change after being spared from death were the factors responsible for his style of music.

I come from a peculiar background. Night club DJ and at the same time a university lecturer and transiting to the choir of a church having been involved in the campus confraternity, drug abuse, and youth violence amongst others.

“My kind of music has to be somewhat different. Influenced by that background and also with an intention to make a change, it led me to the kind of stories that you are referring to. Stories that manured the songs that I put out, such as gun running and violence,” he stated.

READ ALSO: Man Jumps Into Lagoon, Dies After Being Chased By Mob For Alleged Stealing

No relationship between reggae music and weed

Speaking on a controversial comment that every musician must use performance-enhanced drugs to perform at their best, Buchi said it is a narrative sold by people, adding that there is no relationship between reggae music and weed.

“It is a narrative sold by people interested in the matter. It’s like saying to watch a good movie, I need popcorn. yes, they go together, people buy it and do it. They practice it. It is also like saying to watch a good football match. I need a particular kind of drink with me.

“It is okay to sell your products and ideas but I don’t have to accept it absolutely because I know that I can watch a good movie without popcorn and I can also watch a good football game without the drinks in question. In the same way, there is no relationship between reggae music and weed.

READ ALSO: Lawyer Drags NERC, AGF, Minister Of Power To Court Over Electricity Tariff Hike

“Yes, I have been there, and now I am here. I know for sure that the substances that I took at that time did not enhance my performance. It is true that you have to be in a certain state of mind to give your best, but drugs don’t take you there. There are so many other things like deep thinking and concern for what you are that can take you there.”

In January, the music star refuted claims that his genre of music— reggae was connected to his past romance with marijuana.

His response followed criticisms from those who questioned the inspiration behind a book he published.
PUNCH

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UNIBEN Ex-deputy VC Is Dead

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A Former Deputy Vice-Chancellor (Academic) of the University of Benin, Edo State, Prof. Pius Iribhogbe, is dead.

Until his demise, Prof. Iribhogbe was also a consultant trauma surgeon, head of the Department of Surgery and coordinator of the School of Paramedics at the University of Benin Teaching Hospital.

The academic scholar passed on in Saudi Arabia.

UNIBEN’s Public Relations Officer, Dr Benedicta Ehanire, who confirmed the surgeon’s death said the school was yet to issue a statement.

 

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Residents Displaced As Rainstorms Wreck Havoc In Edo Community

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Lampese community in Akoko-Edo Local Government Area of Edo State has been ravaged by rainstorms.

The incident was said to have occurred Friday as a result of a heavy downpour which affected many houses including the electricity transformer.

An eyewitness account described the incident as very unfortunate following the level of devastation.

Residents of the community have therefore called on the state and local governments and all concerned authorities to come to their rescue with a view to proffering urgent solutions and resettling displaced residents.

READ ALSO: PHOTOS: Properties Worth Millions Destroyed As Fire Razes Shops In Benin

Reacting to the situation, the local government council chairman, Tajudeen Suleman, who said he was far away in Enugu State for an official engagement, disclosed that he has mobilised the council officials to the scene for an on-the-spot assessment immediately he got the news, promising to visit victims as soon as he returns today.

He also said he was in touch with the state deputy governor, Marvellous Omobayo and the State Emergency Management Agency (SEMA) on moves to fast track the process of resettling affected persons.

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