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CBN Disburses N30b Revitalisation Fund to Varsities Next Week

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By Martin Paul, Abuja

The Central Bank of Nigeria (CBN) said will from next week, begin the disbursement of the N30 billion revitalisation fund set aside for universities across the country by the Federal Government.

Labour and Employment Minister, Dr. Chris Ngige, who announced this in Abuja yesterday, said the Federal Government deposited the N30 billion with the CBN in January.

He explained why the fund was not immediately disbursed, saying that the Federal Ministry of Education and the National Universities Commission (NUC)  committee needed to evaluate the audit reports of the universities

The revitalisation fund is one of the seven key issues evaluated yesterday at a Federal Government’s meeting with the leadership of the Academic Staff Union of Universities (ASUU).

According to a statement by the Deputy Director of Press and Public Relations in the Federal Ministry of Labour and Employment, Charles Akpan, the two parties   expressed satisfaction with the implementation stages of what Ngige called “work in progress”.

The minister said some of the items in the Memorandum of Action (MoA) were nearly done hundred per cent within the timeline.

He added that the National Information Technology Development Agency (NITDA) was directed to expedite action on the integrity test on the University Transparency Accountability Solution (UTAS) which, if successful, would eliminate the challenges posed by the peculiarities of the university system to the current payment platform.

“The report has been turned in, deliberated upon and the Education Ministry and the NUC have promised to write to the Accountant General of the Federation next week for the release of the money to the NEEDS Special Account for onward disbursement to universities shortly,” Ngige said.

He explained that apart from the N40 billion Earned Allowance, which the Federal Government has already paid, the Budget Office had shown evidence that N22 billion Earned Allowances for 2021 was already captured in the 2021 supplementary budget.

On the proliferation of state universities, the minister said: “A Bill has been sent to the National Assembly by the NUC to strengthen its arms in terms of delisting universities where funding and other parameters are inadequate.”

ASUU President Emmanuel Osodeke expressed satisfaction with the outcome of the meeting and promised that the union would reach out to its members.

Ngige expressed shock that the National Association of Resident Doctors of Nigeria (NARD)  embarked on strike after holding a similar successful evaluation meeting with him last week.

Those at yesterday’s meeting were the Permanent Secretary of the Ministry of Labour and Employment, Peter Tarfa and the immediate past Executive Secretary of NUC, Prof. Rasheed Abubakar.

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FG Declares Public Holidays for Christmas, New Year

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The Federal Government has declared Wednesday, Thursday and Jan.1, 2025 as public holidays.

This is contained in a statement signed by the Ministry of Interior’s Permanent Secretary, Dr Magdalene Ajani, on Monday in Abuja.

According to Ajani, the Minister of Interior, Olubunmi Tunji-Ojo said that the public holidays were to enable citizens to celebrate Christmas, Boxing Day and the New Year respectively.

“The Christmas season is a good moment for both spiritual reflection and national renewal.

“As we celebrate the birth of Jesus, the Prince of Peace, let us demonstrate kindness and extend goodwill to one another, irrespective of our differences,” the Minister.

Tunji-Ojo emphasised the importance of the season as a time to foster harmony and to strengthen bonds across families and communities.
He assured citizens of the federal government’s continued commitment to ensuring peace, security, and prosperity across the nation.

He further expressed confidence in the renewed hope agenda of President Tinubu’s administration for a better and prosperous economy in 2025.

The Minister, on behalf of the federal government sent warm greetings to all Nigerians, urging them to use the festive period to reflect on the values of love, peace, and unity that the season signifies.(NAN)

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Hoodlums Attack Etsu Lokoja’s Palace, Raze Properties

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Some suspected hoodlums on Saturday attacked the palace of Etsu Lokoja, Chief Emmanuel Dauda-Shelika, Nyamkpa IV, burning properties within the premises, including a vehicle.

The palace, located on plot 306, New Layout, Lokoja, was allegedly attacked by hoodlums at about 1:00 am on Saturday.

The Nupe Natives of Lokoja Development Union were planning to host the 2nd edition of the Nupe Natives end-of-the-year event, tagged “Lokoja ’24 Nupe Cultural Fiesta,” on Dec.

21, 2024, before the incident occurred.

The event was, however, aborted due to the unfortunate attack.

Dauda-Shelika said this on Monday in Lokoja that he heard a big bang on my door at around 1 am.

“I woke up to check through the window, wondering what could have happened.

“Then, I suddenly saw wildfire coming out of my car that was set ablaze by attackers.

“I knew it was an attack on the palace, and therefore I could not come out because of fear of being attacked. So, I managed to come out through the back door and scaled the fence to escape for my life.

“Thereafter, I came out to the road and realised that all my neighbours in the community were on the ground trying hard to quench the fire, but unfortunately the car was burnt as well as other properties inside it.”

The traditional ruler appealed to the government and security agencies to investigate the cause of the attack and bring perpetrators and their sponsors to justice.

He admonished Nupe natives in Lokoja to avoid any reprisal attack but continue to remain peaceful and law abiding and allow the government and security agencies to conduct a thorough investigation of the attack.

“We are appealing to Gov. Ahmed Ododo and security agencies to please use their good offices to investigate this unfortunate incident and bring to justice whoever is concerned, whether directly or indirectly.

“We also want the government to kindly visit our issues by recognising and grading the stool of Etsu Lokoja, which had been in existence before colonisation,” he said.

He stated that the Lokoja Local Government Area chairman and his security team came for an on-the-spot assessment that Saturday morning, as well as the police and other security outfits.

The National President, Nupe Natives Union Lokoja, Alh. Abubakar Ndashite, said the event scheduled for Saturday was a celebration of Nupe cultural heritage and not any form of coronation as being insinuated from some quarters.

Ndashite, who doubles as the chairman of the planning committee, said the aborted event was to project the Nupe spirit and culture as well as the rich history of the diversely composed Lokoja community and the peaceful and harmonious coexistence among her.

He expressed his displeasure over the aborted cultural event, noting that the union had expended so much on it, and urged the government to bring perpetrators to book. (NAN)

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Eight Dead, Three Injured in Ohafia Road Crash

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The Abia Sector Command of the Federal Road Safety Corps (FRSC) has confirmed the death of eight persons with two others injured in a road traffic crash that occurred along the Bende-Ohafia Road.

A statement by the Sector Commander, Mrs  Ngozi Ezeoma, on Monday in Umuahia said that the  crash occurred on Sunday along the Mmuri River axis of the road in Ohafia Local Government Area of the state.

She said the crash involved a Trailer carrying chippings which hit and fell on a Sharon Volkswagen vehicle with 10 persons on board.

“At the time of the crash eight persons had died including a woman standing by the roadside and three were injured.

“The injured victims were taken to the hospital while the dead ones were deposited at the morgue,” she said.

Ezeoma said that preliminary investigation revealed that  the crash was caused by dangerous driving and excessive speeding. (NAN)

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