News

N5bn Palliatives: Trouble Looms As Ex-agitators Threaten Protest In N’Delta

Published

9 months ago

August 29, 2023

Ex-agitators have expressed concern over the failure of Niger Delta governors to provide palliatives to poor communities despite receiving N5 billion from the Federal Government.

Acting under the auspices of the Coalition of Ex-agitators of Niger Delta (CEND), they said their governors seemed to have diverted the money released by President Bola Tinubu to alleviate the sufferings caused by the removal of fuel subsidy.

The Chairman of the coalition, Mr Mpakaboari Gbobo conveyed the position of the ex-agitators in a statement issued on behalf of other members in Yenagoa.

They said that whereas Tinubu was sensitive enough to make provisions for palliatives, their governors appeared unconcerned with the level of hardship in their various states, especially Bayelsa and Rivers.

“Where are our palliatives?” Gershom queried, insisting that there were no deliberate activities and programmes by the governors targeted at providing relief to the people.

“Does it mean that as usual, these governors have pocketed the money? We will never allow it to happen. We will compel them to bring out the money in a mother of all protests across the states.

“It will no longer be business as usual. Our people are suffering untold hardship while these governors are junketing in profligacy and living large without showing any concern to our problems.

“We expected the governors to have started deliberate programmes aimed at reaching the people with palliatives.

“We expected them to add a reasonable amount of money to the N5 billion and float far-reaching programmes that will practically ameliorate the pains of the people.

“But they are less concerned. We can see what the Borno governor is doing for his people, but our entire region is quiet,” he said.

News

Bauchi Commissioner Gifts 3 Students Cash For Prompt Resumption, Ability To Read

Published

8 hours ago

May 17, 2024

Editor

The Bauchi state Commissioner for Education, Dr Jamila Dahiru, on Thursday, gave a cash gift of N5,000 each to three Senior Secondary II students of Government Science Secondary School, Misau for their determination to succeed in Education.

Two of the students, Adamu Adamu, Mustapha and Haruna impressed the commissioner for their presence in school in the first day of resumption while Abdullahi Musa marvelled her for his reading ability and comprehension.

According to the commissioner, the gesture was to appreciate their determination to learn as well and motivate other students to emulate them.

While paying a courtesy visit to the Emir of Misau, Alh. Ahmed Sulaiman, the commissioner disclosed that the Bauchi State government was working with stakeholders from the Misau Emirate to fine-tune modalities of temporarily accommodating the students of Federal Science Technical College, Misau at its Science Secondary School Misau.

She said the college made the request in a letter to the ministry stating that the facility given to them could no longer accommodate their students population, hence the resolve to convene the stakeholders meeting to fine-tune ways of sharing the facility for the betterment of the state.

She disclosed that government science secondary school Misau, one of the best in the state in terms of befitting facilities has the capacity to accommodate up to five thousand students, but currently houses about three hundred students.

She appreciated the Emir for his continued support to programmes and policies of the government with more emphasis on the education sector.

Speaking on behalf of the Emir and other stakeholders, a retired Director with the Ministry, Muhammad Musa, expressed gratitude to the Commissioner for the honour and promised to assemble critical stakeholders from the emirate so as to arrive at an acceptable decision for the benefit of all and sundry.

News

NDIC Obtains Order To Wind Down 96 Microfinance, Mortgage Banks

Published

8 hours ago

May 17, 2024

Editor

The Nigeria Deposit Insurance Corporation has said that it has obtained Winding up Orders for 96 out of 183 microfinance and primary mortgage banks whose licenses were revoked by the Central Bank of Nigeria in May 2023.

The Managing Director, NDIC, Bello Hassa, revealed this at a sensitisation seminar for Judges of the Federal High Court in Lagos on Thursday organised by the NDIC, to enlighten the judiciary on the intricacies of the banking industry.

Hassan said, “As at date, the Corporation had obtained Winding up Orders for 96 out of 183 Micro Finance and Primary Mortgage Banks whose licenses were revoked by the CBN in May 2023, in less than one Year of revocation.”

He added that the NDIC was committed to fulfilling its mandate of protecting depositors through bank supervision, failure resolution and liquidation so as to boost confidence in the financial system.

Speaking on the role that the judiciary plays in the fulfillment of the mandate, Hassan said, “We recognise the judiciary as one of our critical stakeholders. With this, when cases are brought before them, they can receive accelerated hearing and proclamation of Justice.”

Citing some of the achievements from previous editions of the seminar, Hassan said that instances where liquidation-related litigations experienced delays were reduced.

News

JUST IN: 36 Speakers Back State Police

Published

9 hours ago

May 16, 2024

Editor

Speakers of the 36 Houses of Assembly in Nigeria on Thursday expressed support for the National Assembly’s ongoing efforts to alter the 1999 constitution to create state policing in the country.

The Speakers made their resolution known at the end of their meeting in Abuja.

The Senate and House of Representatives are currently working to amend various constitutional provisions, including those regarding state police, financial autonomy for local government, fiscal federalism, and mayoral status for the FCT.

Details shortly…