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Projects: Wike Thanks Tinubu for the Opportunity to Serve

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By Laide Akinboade, Abuja
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, on Thursday commended  President Bola Tinubu for  giving him the opportunity to be part of his administration’s quest to renew the hope of Nigerians.
Wike poured out his gratitude after inspecting ongoing rural roads projects in Bwari and Abuja Municipal Area Councils, in Abuja.


The minister also commended Tinubu for what he described as ‘tremendous support’ to the FCT Administration to provide critical infrastructure and quality services to residents of the FCT.

The projects inspected included the 7.2-kilometre road linking Gaba and Tokulo communities in Bwari Area Council and the five-kilometre access road linking Saburi 1 and 2 in Abuja Municipal Area Council.

The roads are part of the 42.- kilometre rural roads being constructed across the six area councils of the FCT.
Wike explained that Tinubu’s “Renewed Hope” agenda was not meant for only the people in the cities but was designed to also ensure that those in rural communities feel the impact of his administration.
“I am very glad to say that the renewed hope agenda is working, particularly as it concerns the area councils.
“The renewed hope Agenda is not only for the cities; it is also to make sure that those in the rural areas feel part of the administration.
“We have been to Bwari and we attest to the fact that, that is a very difficult terrain. No wonder people talk of insecurity.
“But with the construction of that road, you can say that there is hope.
“I feel so happy that I am part of this administration and that people can see changes.
“Again, we are here in Saburi, and you can see the work going on. When we came to inaugurate the road, you could see the enthusiasm among the people,” he said.
The minister added, “I am proud that the contractors are doing very well and by the grace of God all the six projects in the six area councils would be completed before the end of the year.
“That will not stop us from commencing the 2024 infrastructure development in the area councils as we promised.”
He explained that road projects were being funded from the 2023 emergency supplementary budget.
He added that the N1.28 trillion FCT 2024 statutory budget, when assented by Tinubu would also be used to construct additional roads in the six area councils.
Wike, who expressed optimism that the 2024 budget was realistic, added that 58 per cent of the capital budget would be expended on ongoing projects.
He also said that the remaining 42 per cent was earmarked for critical new projects, which would commence after the assent of Mr president.
“We are happy that everything we have started will be completed soon.
“This attests to the fact that Tinubu’s Renewed Hope” agenda is not just in theory; it’s practical – ‘seeing is believing’, the minister said.

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Abia Assembly Didn’t Mandate Deputy Gov. to Apologise – Deputy Speaker

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Abia House of Assembly has denied social media report that it mandated the Deputy Governor, Ikechukwu Emetu, to issue a public apology over a misunderstanding between him and its member.The Deputy Speaker and Spokesperson, Austin Meregini, who debunked such report while addressing newsmen in Umuahia on Thursday, said the House did not reach any resolution to that effect.

He admitted that there was a misunderstanding between the deputy governor and Mr Mba Nwoko, member representing Ohafia South State Constituency, but said the matter had been taken care of Report says that there have been publications by social media of the House mandating the deputy governor to apologise to Nwoko for disrespecting the lawmaker during the recent state-wide local government elections.
It was alleged that Emetu, who is from the same constituency with Nwoko, had instructed the security operatives to arrest the lawmaker for asking about the election result sheet.Condemning the report, Meregini, who is the Chairman, House Committee on Media, said that it was the imagination and figment of the mischief makers.He said that the deputy governor and the lawmaker are brothers, hence there was no need for the Assembly to pass a resolution mandating such an apology.Meregini said: “I was present at the Tuesday sitting, both at the plenary and executive session; there was no time we reached such resolution.“We do not condone any kind of misunderstanding, but as long as we co-exist, there’s bound to be misunderstanding every now and then.“When there is need, we do offer constructive criticism and constructive oversight on the activities of the government and the Executive and we expect that it will continue.”He reaffirmed the robust relationship between the Legislature and the Executive, saying that it would continue to exist for the benefit of Abia people.The deputy speaker commended the Executive on the level of implementation, while expressing satisfaction with the quality of bills passed by the Assembly.(NAN)

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FEC Proposes N47.9trn 2025 Budget

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The Federal Executive Council (FEC) has proposed the sum of N47.9 trillion for the 2025 fiscal year for submission to the National Assembly on Monday.The Minister of Budget and Economic Planning, Atiku Bagudu disclosed this after the Council meeting chaired by President Bola Tinubu on Thursday at the Presidential Villa.

According to him, the Council pegged the price of crude oil at 75 dollar per barrel and proposed N1400 as exchange rate to a dollar with oil production put at 2.
06million barrels per day.Bagudu said that the budget proposal included new borrowings of N9.2 trillion to finance the budget deficit in 2025.The minister added that with the growth rate of 3.19 per cent as at the second quarter of 2024, the Federal Government would continue to tackle Inflation, strengthen economic resilience and provide more support for the economy.
He also said that government would continue to support high employment generation sectors, improve business environment and effective implementation of youths development and social investment programmes.Bagudu also disclosed that FEC reviewed the 2024 Budget implementation and acknowledged that the review revealed promising in revenue collection and expenditure management.” Despite lacks in prorated target, the overall trajectory shows that fiscal effort are on track with key non-oil streams performing better than anticipated.Similarly, the minister said FEC approved the medium term expenditure framework and the fiscal strategy paper to be submitted to the NASS.” This is in addition to the bills that are already at the National Assembly, the Economic Stabilisation Bill and Tax Reforms Bill , which we believe we will have a very strong growth in 2025,” he said. (NAN)

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Okpebholo Freezes Edo Accounts, Orders Reversal of Ministry’s Name

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Gov. Monday Okpebholo of Edo has ordered immediate freezing of all the state bank accounts until further notice.Okpebholo gave the directive in a statement issued by his Chief Press Secretary, Mr Fred Itua, on Thursday in Benin.He warned that non-compliance by commercial banks as well as heads of ministries, departments and agencies (MDAs) would result in severe penalties.

“All bank accounts in all commercial banks are now frozen.
Commercial banks must ensure strict adherence and prevent any withdrawal from government accounts until further notice,” the statement said.
Okpebholo stated that necessary investigations and financial reconciliations would determine subsequent actions.He also ordered the reversal of the Ministry of Roads and Bridges to the old Ministry of Works with immediate effect.
The governor cited what he called lack of completed bridges or significant road projects as a justification for changing the ministry of roads and bridges back to ministry of works.“It is ironic that despite its name, the ministry did not construct a single bridge, not even a pedestrian one,” he said.The governor directed immediate implementation and reflection of the new name across official documents and platforms. (NAN)

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