Connect with us

News

Osinbajo Inaugurates New National Council On Infrastructure

Published

on

Vice President Yemi Osinbajo, SAN, on Tuesday, inaugurated the National Council on Infrastructure, saying the move would bridge the nation’s infrastructure gaps while widening the frontiers of Public-Private sector collaboration.

This was according to a statement signed by the Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, titled ‘Osinbajo notes progress in infrastructure, inaugurates new council with public-private collaboration.’

Prof. Osinbajo, who formally inaugurated the Council during a virtual meeting which he presided over on Tuesday, stated that, “For efficient and effective implementation of infrastructure projects, the National Integrated Infrastructure Master Plan recommended the establishment of the National Council on Infrastructure and its Technical Working Group.”

Advertisement

He noted that the Buhari regime’s National Integrated Infrastructure Master Plan was developed to provide “an integrated view of infrastructure development in Nigeria with clear linkages across key sectors and identifies enablers for successful implementation in line with the current economic realities.

READ ALSO: Power Probe: Reps Invite Ministers, NERC, NBET, Others

“The success of the National Integrated Infrastructure Master Plan will depend, to a large extent, on the establishment of a strong implementation mechanism and framework that promotes performance and accountability.”

He revealed that the NIIMP takes stock of existing infrastructure and is aimed at raising Nigeria’s infrastructure stock to at least 70 per cent by the year 2043.

Advertisement

A well-coordinated and strategic approach will be required to harness private resources to increase the stock of Nigeria’s infrastructure to the desired level by the year 2043,” Osinbajo said.

He added that the National Council on Infrastructure is to provide policy direction on infrastructure matters and drive the creation and sustenance of the expected synergy and linkages between the public and the private sector to enhance the implementation of the Infrastructure Master Plan, while the Technical Working Group is to provide guidance to the Council and advise on all infrastructure related matters.

He further cited the Second Niger Bridge, the Lagos-Ibadan Expressway, the Abuja-Kaduna-Kano Road (funded through the Presidential Infrastructure Development Fund); the construction and upgrading of about 5,000 km of major road projects across the country through the Sukuk bond, as evidence of the Federal Government’s deliberate and massive investment in road, rail and power infrastructure for rapid economic development.

Prof. Osinbajo said the regime “is investing more than $2bn in Distribution and Transmission through the Siemens Presidential Power Initiative, the Transmission, Rehabilitation and Expansion Plan, the CBN-financed Transmission-Distribution Interface Programme and the recently approved $500m World Bank DISREP program for the Distribution segment.”

Advertisement

Similarly, the VP noted that the Federal Government launched the N15tn Infrastructure Corporation (InfraCorp Nigeria) in 2021 and the President also signed Executive Order 7, which had informed the right policy framework and created some opportunities for Public-Private Partnership in infrastructure development.

The private sector, he added, “is expected to play an increasingly important role either directly or in collaboration with the government through Public-Private Partnership with the Government providing a supportive environment with stable and transparent policies, rules and regulations.”

In his remarks, the Minister of State, Budget and National Planning, Prince Clem Agba, thanked the Vice President for his leadership and selfless service to the nation.

Private sector members of the new Council include the President of the Manufacturers Association of Nigeria, Mansur Ahmed; and a representative of the Nigeria Society of Engineers, Tasiu Wudil, both of whom were in attendance, also welcomed the inauguration of the Council, to which they are also members.

Advertisement

The Vice President is Chair of the National Council on Infrastructure, and members include representatives of the State Governors; Federal Ministers, heads of government agencies and members of the private sector.

READ ALSO: Tinubu: Why Osinbajo Should Be Impeached With Buhari – Ohanaeze

They include the Governor of Ekiti State and Chairman of the Nigeria Governors Forum, Dr. Kayode Fayemi; Ministers of Finance, Budget and National Planning, Dr. Zainab Ahmed; Attorney General of the Federation and Minister of Justice, Abubakar Malami; Works, Babatunde Fashola, SAN; Power, Abubakar Aliyu; Transportation, Mu’azu Sambo; Communications and Digital Economy, Isa Pantami; Water Resources, Suleiman Adamu; Aviation, Hadi Sirika; Minister of State, Budget and National Planning, Clem Agba; and Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele.

Others include the President of MAN, Mansur Ahmed; National President of Nigerian Association of Chambers of Commerce, Industry Mines and Agriculture, John Udeagbala; the Executive Vice Chairman/CEO, Federal Competition and Consumer Protection Commission, Mr. Babatunde Irukera; Managing Director/CEO, Nigeria Sovereign Investment Authority, Uche Orji; among others.

Advertisement

The Federal Ministry of Finance, Budget and National Planning, through its Infrastructure Delivery Coordinating Unit, will serve as the Secretariat for the Council.

PUNCH

Advertisement

News

PAP: Again, Otuaro Meets Stakeholders, Re-emphasises Importance Of Collaboration

Published

on

The administrator, Presidential Amnesty Programme, PAP, Dr. Dennis Otuaro, has re-emphasized the need for a collaborative approach in maintaining peace in the Niger Delta, even as he met with various stakeholders in the region.

Otuaro, who spoke when he met with various stakeholders, in Warri, Delta State, including ex-agitators, community leaders, and youth groups, emphasised the importance of involving more stakeholders from impacted communities in the PAP in order to achieve sustainable peace in Niger Delta.

The meetings, held in different locations on July 23rd, 2023, aimed to strengthen peace in the Niger Delta region.

Advertisement

READ ALSO: Otuaro Visits Edo/Delta Liaison Office, Declares PAP Apolitical

He stressed the need in engaging more women, and providing refresher training to previously trained beneficiaries to qualify them into the labour market.

He urged stakeholders to take advantage of the PAP’s ongoing scholarship opportunities and register online accordingly.

Otuaro reiterated President Tinubu’s commitment to sustainable peace and rapid development in the Niger Delta, encouraging stakeholders to work together to achieve this goal.

Advertisement

READ ALSO: PAP: IPDI Tackles Group Over Attack On Otuaro

A vote of confidence was passed on the PAP boss for his transformational leadership and revolutionary reforms, urging President Bola Ahmed Tinubu to disregard opposition.

He concluded by thanking PAP beneficiaries and stakeholders for maintaining the existing peace in the Niger Delta, and commended them for their continued cooperation and support for president Bola Ahmed Tinubu’s administration.

The stakeholders, including HRH Godday Smith, the king of the forest, the Meinbotus communities and the Ijaw Youth Council, Western zone, commended Otuaro’s charismatic leadership and pledged their support.

Advertisement

READ ALSO: PAP: IPDI Tackles Group Over Attack On Otuaro

In response, the stakeholders pointed out that Otuaro is the right man for the PAP job, admonishing the president Bola Ahmed Tinubu to disregard the antics of the enemies.

They assured him of total support and good working relationship throughout his reign as administrator of PAP.

The stakeholders thanked Otuaro for coming down to hold further meetings with stakeholders after undergoing rigorous meetings with the stakeholders in the Niger Delta region in the penultimate months in Warri, Delta State.

Advertisement

They expressed enthusiasm over his powerful reforms and good initiatives. They prayed for him for more opportunities, good health and more God’s direction.

 

 

Advertisement
Continue Reading

News

Four Suspected Cultists Arrested With Arms In Edo

Published

on

The Edo State Police Command says it has arrested four suspected cultists.

The suspects arrested were Isioma Unwogo, 21, Godstime Imareigbe, 32, Apeleokha Raymond, 28, and Mutar Igie, 30.

Police Public Relations Officer in Edo, SP Chidi Nwabuzor, who disclosed this to journalists in Benin City, said the suspects were arrested during a stop-and-search operation.

Advertisement

He said the suspects were arrested in Ahor, a community along the Benin-Lagos bypass and on the Benin-Auchi Road, respectively.

READ ALSO: JUST IN: Lagos Police Receive Test Results Of Teenager Allegedly Raped By Officer

The command’s spokesperson said Isioma was arrested with one cut-to-size gun and a live cartridge by operatives of the Ahor Police Station Division on patrol.

The other three suspects were arrested when police operatives intercepted a Toyota Camry with registration number ABC 265 RA, and upon a search, they recovered a pistol concealed inside the vehicle’s bonnet.

Advertisement

SP Nwabuzor alleged that the suspects confessed to being members of a secret cult group in the state.

Continue Reading

News

Reps Ask NERC, DISCOs To Reverse Band A Tariff Hike

Published

on

The House of Representatives on Tuesday asked the Nigeria Electricity Regulatory Commission (NERC) and the distribution companies, DISCOs, to reverse the tariff hike for Band A customers immediately.

This resolution was reached after the adoption of a report presented by the House Committee on Power.

Chairman of the Committee Victor Nwokolo who presented the report, stated that Nigerians cannot afford the new tariff.

Advertisement

The Committee recommended a return to the status quo.

READ ALSO: BREAKING: Shelve Planned Hardship Protest, Tinubu Appeals To Nigerians

The recommendations were adopted by the Committee of the Whole, after which it was passed.

Further investigation into the tariff hike is to be conducted by the House.

Advertisement

The NERC in April announced a hike affecting Band A customers, who are to pay N225 per kilowatt.

According to the regulatory commission Band A subscribers would have at least 20 hours of power supply per day

It also explained that only electricity customers in Band A would be affected by the increase.

READ ASLO: JUST IN: Reps Increase 2024 Budget To N35.055 Trillion, Amend Finance Bill

Advertisement

At the time, it said only 15 per cent of the electricity consumers were affected by the hike, however, the decision generated negative reactions since its announcement.

“We currently have 800 feeders that are categorised as Band A, but it will now be reduced to under 500. This means that 17 per cent now qualify as Band-A feeders. These feeders only service 15 per cent of total electricity customers connected to the feeders,” NERC Vice Chairman, Musliu Oseni said on April 3.

“The commission has issued an order which is titled April supplementary order and the commission allows a 235 kilowatt per hour.”

Advertisement
Continue Reading

Trending