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Obaseki Signs N321.4bn 2023 Appropriation Bill Into Law

Published

3 years ago

December 20, 2022

The Edo State Governor, Mr Godwin Obaseki, on Tuesday, signed the state’s 2023 Appropriation Bill pegged at N321.3bn into law after the bill was passed by the Edo State House of Assembly.

Signing the bill at the Government House, Benin City, Governor Obaseki said most of the projects in the budget would be funded from Internally Generated Revenue.

He said, “The budget for 2023 is a watershed budget because as we reviewed the year 2022, we found out that we broke every record in the year 2022.

“In terms of budget performance, we hit more than 90 per cent, which is considered excellent. This means that we got more than 90 per cent of our estimated revenue of N220bn in the finance budget for 2022.

“We also insisted and emphasized a lot more on capital expenditure than recurrent. Unfortunately, we had a very long rainy season but as you can see now, contractors are on site and work is going on on a lot of roads across the 3 senatorial districts of the state and some of these works will spill over into the New Year.

“More of the resources we have earned has gone into serving the people of Edo State to build infrastructure, whether road or electricity, among others, that the people need so that their businesses can thrive. We have also not neglected investments in education, skills development, job creation and health.

These items cut up the bulk of what we earned and spent in the year 2022.”

Obaseki continued: “Clearly, we now see that we can achieve what we are estimating for the year 2023, provided that the citizens of the state cooperate with us.

“Bulk of these projects will be funded by internally generated revenue and because of the improvement in the economic environment, businesses are thriving, particularly in the areas of construction and real estate services. We expect that those businesses that are doing well will pay the taxes due to them. The government is doing its best to boost the economic environment so we expect that citizens must also contribute by paying their tax revenues.

“We are going to be emphasizing revenue collection in 2023 for those who are making money. We know them and have their data. We believe we will earn all that we have estimated. We are not relying solely on oil receipts from the federal government but on ourselves and our citizens. We want to assure you that every Kobo of tax revenue spent will be on capital development.”

The governor further commended the Speaker of the Edo State House of Assembly, Rt. Hon. Marcus Onobun and other members of the Assembly for the speedy consideration of the budget.

Earlier, while presenting the bill to the governor, Onobun said the Assembly slightly reviewed the estimates upwards from the initial N320bn to ensure equitable distribution of projects across Edo’s three senatorial districts.

Headline

UK Nursery Worker Jailed For Abusing 21 Babies

Published

23 hours ago

September 26, 2025

Editor

A judge on Friday jailed a nursery worker for eight years for a string of “gratuitous” and “sadistic” attacks on babies.

In one incident, Londoner Roksana Lecka, 22, kicked a little boy in the face several times.

Lecka, who blamed cannabis for her crimes, admitted seven counts of cruelty to a person under the age of 16 and was convicted after a trial of another 14 counts.

Sentencing her for attacks on 21 babies, Judge Sarah Plaschkes said she had committed “multiple acts of gratuitous violence” at two London nurseries where she worked.

“You pinched, slapped, punched, smacked and kicked them. You pulled their ears, hair and their toes. You toppled children headfirst into cots,” she said.

“Often the child would be quietly and happily minding its own business before you deliberately inflicted pain… Your criminal conduct can properly be characterised as sadistic,” she added.

Lecka’s cruelty was revealed in June 2024 after she was seen pinching a number of children.
Police were called in and found multiple incidents recorded on the nursery CCTV.

Victim impact statements submitted to London’s Kingston Crown Court from parents of Lecka’s victims told how they were left heartbroken and guilt-stricken by the attacks.

“These children were so innocent and vulnerable,” one mother told the court.

“They couldn’t speak, they couldn’t defend themselves and they couldn’t tell us as parents that something had happened to them,” she added.

“They were totally helpless and Roksana preyed upon them.”

The hearing was told that she had apologised to the parents in a letter to the court in which she said cannabis had turned her into a different person.

She had been addicted to the drug around the time of the offences, but had not told the nursery.
She was found not guilty of three further counts of child cruelty.

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Italy Fines Six Oil Firms $1bn Fine For Restricting Competition

Published

1 day ago

September 26, 2025

Editor

Italy’s antitrust regulator said Friday it has slapped Italian energy giant Eni and five other companies with fines totalling more than 936 million euros ($1.1 billion) for “restricting competition” in the sale of fuel.

The authority said in a statement that Eni, Esso, Ip, Q8, Saras and Tamoil “coordinated to set the value of the bio component factored into fuel prices”, which tripled between 2019 and 2023.

A probe following a whistleblower’s complaint revealed that “the companies implemented parallel price increases — largely coinciding — which were driven by direct or indirect information exchanges among them”, the authority said.

“The cartel began on 1 January 2020 and continued until 30 June 2023,” it added.

AFP

Headline

Trump Signs Order For TikTok’s Sale, Valued At $14bn

Published

1 day ago

September 26, 2025

Editor

United States President Donald Trump on Thursday signed an executive order declaring that his plan is to sell TikTok’s US operations to American and global investors.

As reported by Reuters on Friday, the order requires companies bidding for TikTok to meet the national-security requirements of the 2024 law that otherwise would ban the app unless its Chinese owners divest.

Speaking to reporters at an Oval Office briefing on Thursday, Vice President James Vance said the newly created US entity would be “valued around $14 billion.

“We actually think this is a good deal for investors, but they will make a determination about what they want to invest and what they think is the proper value,” he said.

The White House on Thursday pushed back the law’s enforcement date to January 20 to allow time for the transaction, investor commitments, and negotiations with Chinese authorities.

The publication of the executive order shows Trump is making progress on the sale of TikTok’s US assets.

However, details remain to be worked out, including how the U.S. company would handle TikTok’s most valuable asset: its recommendation algorithm.

“There was some resistance on the Chinese side, but the fundamental thing that we wanted to accomplish is that we wanted to keep TikTok operating, but we also wanted to make sure that we protected Americans’ data privacy as required by law,” Vance said.

According to Reuters, Trump’s order says the algorithm will be retrained and monitored by the U.S. company’s security partners, and operation of the algorithm will be under the control of the new joint venture.

Trump said Chinese President Xi Jinping had indicated approval of the plans. “I spoke with President Xi,” Trump said. “We had a good talk, I told him what we were doing, and he said go ahead with it.”

Chinese embassy in Washington did not immediately respond to a Reuters request for comment. TikTok did not immediately comment on Trump’s action.

Trump has credited TikTok, which has 170 million U.S. users, with helping him win reelection last year. Trump has 15 million followers on his personal TikTok account. The White House also launched an official TikTok account last month.

“This is going to be American-operated all the way,” Trump said.

He said that Michael Dell, the founder, chairman and CEO of Dell Technologies; Rupert Murdoch, the chairman emeritus of Fox News owner Fox Corp, and newspaper publisher News Corp, and “probably four or five absolutely world-class investors” would be part of the deal.