COVER
Reps Committee in Rowdy Session over N11bn FERMA Budget
By Orkula Shaagee, Abuja
House of Representatives Committee supervising the Federal Road Maintenance Agency (FERMA) ended abruptly during the resumed hearing of the budget defence of the agency.
Argument ensued when the Managing Director of FERMA, Nurudeen Rafindadi, had appeared before the committee when it was alleged that the agency’s budget had been mysteriously increased by N11bn.
A member of the committee, Yusuf Gagdi (APC, Plateau) had asked the FERMA boss why the agency’s budget was suddenly increased by over N11bn after passing through the Federal Ministry of Works and Housing and the Ministry of Finance, Budget and National Planning.
While disowning the increase, Rafindadi said what was proposed by FERMA for 2021 was different from what is presently before the National Assembly.
The Committee was silent on the N11bn but it was observed while the committee invited the House Press Corps to cover the last Thursday’s session when the alleged budget padding was raised, journalists were not notified of the session on Tuesday.
When contacted, the Osun lawmaker confirmed protesting at the hearing over exclusion of his state from FERMA projects list, while faulting being prevented from expressing his grievances at the meeting.
“The first thing that I noticed was that there was an attempt to rush the passage of the budget and prevent those of us who had observations from doing so.
“Immediately the FERMA MD presented the budget, a colleague was raising a motion for the adoption of the budget and I raised a point of order.
“By parliamentary procedure, a point of order should take precedence over every other matter. In the attempt to make my point of order, I saw that the person who moved the motion was behaving like the spokesperson for FERMA.
“The observation that I made was very simple: first is the fact that in the 2021 budget proposal analysis that I have before me, out of the 420 projects proposed, the South-West zone which I am from has the least allocation which is 48, and least allocation which is about N3bn. That is just a part of it.
“The larger part of it is that the constituency that I represent, Ede-North/Ede-South/Egbedore/Ejigbo Federal Constituency, does not have a single allocation of a project out of the 420 projects.
“Even the whole of the state where I come from, Osun State, which is represented by nine members in the House, does not have a single projected allocated to it, out of a budget of N38.2bn proposed by FERMA.
“I felt I should at least have a right of audience but the person who was preventing that from happening is from Plateau State and I can see in this same budget, Plateau is getting about 18 projects.
“Why should he not want someone who does not have anything in his own state to raise a point of order and make this observation? This is unfair, unjust and against the spirit of the Nigerian Constitution.
“That was the point I was trying to make before he came up and the whole session came into a rowdy conclusion.”
When asked if FERMA’s proposal was eventually passed by the committee, Salam said: “No, certainly not, because if the budget would be passed, we would have to vote on the motion that was purportedly moved by him. But like I said, it ended up a rowdy session.
“The National Assembly should be tired of being called a Rubberstamp Assembly. We are not; we are it supposed to be.
“If a ministry, department or agency brings in a document, we should subject that document to a thorough scrutiny. We should scrutinise it with the eye of the law, and equity, fairness and justice”, he said.
COVER
281 Inmates Missing from Custodial Centre after Borno Flood
By David Torough, Abuja
Nigerian Correctional Service (NCoS) has declared 281 inmates missing from the Medium Security Custodial Centre, Maiduguri, Borno State.
NCoS said this followed an evacuation after the flood that engulfed the state capital.
A statement onby the Service Public Relations Officer (SPRO), Mr Abubakar Umar yesterday in Abuja said seven other inmates had been recaptured.
Umar said that the service was in custody of the details of the missing inmates, including their biometrics.
“The flood brought down the walls of the correctional facilities, including the medium security custodial centre Maiduguri (MSCC) as well as the staff quarters in the city.
“Upon the evacuation of inmates by officers of the service with support from sister security agencies to a safe and secure facility, 281 inmates were observed to be missing.
“However, it is important to note that the service is in custody of their details, including their biometrics, which is being made available to the public.
“The service is working in synergy with other security agencies as both covert and overt deployments have been activated to look out for them.
“Presently, a total of seven (7) inmates have been recaptured and returned to custody, while efforts are on ground to track down the rest and bring them back to safe custody.“While this effort is on, the public is assured that the incident does not impede or affect public safety,” he said.
COVER
NNPCL Lifts Petrol from Dangote at N898 Per Litre
By Tony Obiechina, Abuja
After controversies, trucks from the Nigerian National Petroleum Corporation Limited (NNPCL) yesterday lifted petrol from the Dangote Refinery.
NNPCL revealed that Dangote Refinery sold the fuel at N898 per litre.
The national oil company began loading yesterday after moving about 300 trucks to the 650,000 capacity refinery Dangote Refinery located in Ibeju-Lekki, Lagos State.
Its spokesman, Olufemi Soneye was quoted as saying, “We successfully loaded PMS at the Dangote Refinery today [Sunday].
”“The claim that we purchased it at N760 per liter is incorrect.
“For this initial loading, the price from the refinery was N898 per liter.
”At least, over 70 trucks had loaded at the time of this report.
This marks an end to the month-long debate over the quality and sale of the Dangote petrol.
Speaking to newsmen at the refinery, the Vice President of Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin described the commencement of the petrol lifting moment of pride to every Nigerian.
He said, “My President has been showing presentations that 52 years ago, we were trying to see how to solve the problem of PMS supply and the queues. Now, after 52 years, we have a solution.
“And the solution is local production of PMS and it is from a Nigerian oil company. And as EPC contractor, it was constructed by a Nigerian company.
“So, it’s a matter of pride that a Nigerian oil company, constructed by a Nigerian-owned company, is able to generate PMS from the local crude and daily will not only to meet the entire requirement of Nigeria, but can also have surplus to export. So, it is a time and moment of great pride to every Nigerian.”
Edwin said 44 percent of the PMS production from the Dangote refinery can meet the requirement of the entire country.
“If you look at the refinery as a whole, PMS alone, every day, 650,000 barrels of crude if we’re processing, we can generate more than 54 million litres of PMS.
“And, of course, the refinery has the capacity to produce various other products too. 44% of the production can meet the entire requirement of the country, 56% of the production has to be exported. “So, it is a huge refinery. So, it is not only going to be doing import substitution, but it is also going to make Forex generation through export revenue.
“The gantries are actually 86 and they can load 86 trucks at a go,” he said.
Last Friday, in Abuja, a member of the Presidential Committee on the Sale of Crude Oil and Refined Product and Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji confirmed that the NNPCL remains the sole buyer of petrol from the Dangote refinery while willing off-takers are free to lift diesel and other products from the refinery.
According to Adedeji, the NNPCL would further distribute to other independent marketers after lifting from the refinery.
He said the nation’s oil company will commence the sale of crude oil to the Dangote refinery in naira from October 1.
COVER
CBN Issues 30-day Deadline to Payment Service Providers on PoS Transactions
By Tony Obiechina, Abuja
Central Bank of Nigeria (CBN) has issued a new directive to Payment Service Providers (PSPs), requiring them to comply with enhanced routing guidelines for Point of Sale (PoS) transactions.This move is aimed at strengthening the monitoring of electronic transactions across Nigeria.
The directive issued on Wednesday aims at strengthening the monitoring of electronic transactions across Nigeria following CBN’s initiative to diversify the Payment Terminal Service Aggregator (PTSA) structure, which previously operated through a single aggregator. In a circular signed by Oladimeji Yisa Taiwo on behalf of the CBN Payments System Management Department, the apex bank mandates that all PoS transactions from merchant and agent locations—whether physical or electronic—must now be routed through any CBN-licensed PTSA.The directive is part of efforts to decentralize PoS transaction routing and address concerns over the centralization of such transactions under a single entity.In Aug. 2011, the CBN initially granted a PTSA license to the Nigeria Interbank Settlement System (NIBSS) Plc to serve as the sole aggregator of PoS transactions.However, to promote competition and enhance service delivery, the CBN awarded a second PTSA license to Unified Payment Services Limited (UPSL) on April 19.This development aims to reduce the dependence on a single aggregator for the management of PoS transactions, promoting transparency and operational efficiency in Nigeria’s growing electronic payments landscape.