NEWS
Diri, Olunloyo Flag off Oyo Road Projects
Governor of Bayelsa State, Senator Douye Diri, and a former Governor of Oyo State, Dr. Omololu Olunloyo, on Thursday, joined the governor of Oyo State, ‘Seyi Makinde, to flag off the construction of the 34.85 kilometres Oyo-Iseyin Road and the dualisation of the 10.82 kilometres Ibadan Airport Road attached with several adjoining link roads.
The duo of Diri and Olunloyo, who spoke severally at the two events, lauded Makinde’s courageous and quality leadership in Oyo State.
Diri had noted that the infrastructure projects being embarked upon by Governor Makinde were highly commendable and that they showed that he loved his people, asserting that Nigeria needs the kind of quality leadership that the Oyo State governor is giving to the people of his state.
The Bayelsa governor equally commended the peaceful atmosphere in Oyo State under Makinde’s watch, saying: “I came in here this morning and all I smell is a peaceful environment. No killings and that is because the people and the government are one and on the same page.
“But can we say the same of the Federal Government of Nigeria? “They have to be on the same page with the people. When they are, there will be peace and the peace we are all looking for can only come where there is justice.”
A statement by Mr. Taiwo Adisa, the Chief Press Secretary to Governor Makinde, indicated that the Oyo-Iseyin Road would be constructed at the cost of N9.9 billion and that it will be completed within the next seven months.
The statement added that the dualisation of the Airport Road and several adjoining roads totaling 10.82 kilometres will cost N4.9 billion.
The governor, while speaking at the flag-off of Oyo-Iseyin road held at Ojogbondu, Oyo, said that his administration will continue to build viable road networks for the state.
He explained that the road is a federal road but that the state embarked on its construction given its strategic position in its economic expansion agenda, adding that the road will be executed by Messrs Kopek Construction, through the Alternate Project Funding Approach (APFA).
“As you drive in from the Oyo end of this road, you will see the amount of work that Messrs Kopek Construction Ltd. has already done on this road.
“I am sure the good people of Oyo are already seeing the benefits of this road construction. And when it is completed, it will become a vital link between the farming communities of Oke-Ogun and Oyo, providing the much-needed market linkage between these zones.
“Well, this is the official flag-off of the construction, but the contractors have been on site for five months. You can now do the maths to see if they are on course to complete their work within the scheduled one year. They have assured us that this will happen.”
Governor Makinde, who appreciated his colleague from Bayelsa State for coming to flag off the project, said the APFA model being employed by the state to fund projects has made it possible for the state to achieve so much in reducing the infrastructure deficit of the state.
“As I mentioned, Messrs Kopek Construction is handling this contract. The total contract sum which was originally N8.4 billion, was increased to N9.9 billion last month.
“As you may be aware, this is a federal road being reconstructed by the Oyo State Government. So, after consultation with the Federal Government, we were given specifications to comply with.
“For example, we had to increase the width of the road from 10.75m to 12.75m to meet with the federal government specifications.
“We are executing the project using the Alternate Project Funding Approach (APFA).
“Let me take a few minutes to talk about our approach to executing projects in Oyo State. Some people are still confused as to how we are still flagging off projects when some states are finding it difficult to pay salaries. They do not understand how we are raising Oyo State’s Internally Generated Revenue (IGR), building our economy and engineering a modern Oyo State. And so, what do they do? They go to town with stories.
“They say things like Seyi Makinde is taking on hidden debts. He is going to turn our children into slaves. The debt he is leaving, we don’t know how many years it will take for us to pay it. But all these are lies, fake news and disinformation.
“Our secret to carrying on these projects is the Alternate Project Funding Approach (APFA). And I can say it’s an open secret, because from when we started using it, we have always been open and transparent about it
“With APFA, the contractor funds the project, and we pay back over an agreed period of time.
“And let me make this clear: you have my word that not one Naira will be left unpaid to any contractor under APFA at the end of our current tenure.
“For example, for this project, which was awarded in June this year, the repayment period is seventeen (17) months. This means that the project will be completed before all the repayments are made. However, the last repayment will be made by December 2022.
“So, do not allow anyone to confuse you—road construction is a big part of our engineering a modern Oyo State. The building of roads forms the foundation of the development of all other sectors of the four pillars of our governance as clearly outlined in our Roadmap to Accelerated Development in Oyo State, 2019-2023.
“You need good roads to drive to healthcare centres. Without good roads, our children cannot go to school. How will our farmers get to the markets if the roads are bad? And no matter how many vehicles we give to security agencies, how will they be able to get to people in trouble when the roads are bad?
“So, we will continue to build a viable road network for our dear state. This is the path to sustainable development,” he said.
In his remarks, Dr. Olunloyo commended Makinde for his style of administration which, according to him, places people at the centre of his governance paradigm.
NEWS
Yuletide: Bode George Urges Tinubu to Reduce Petrol Price
Chief Bode George, a former Deputy National Chairman of the Peoples Democratic Party (PDP), has urged President Bola Tinubu to reduce the price of petrol to N300 per litre ,to make things easy for Nigerians during the festive season.
George, the Atona Oodua of Yorubaland, made this plea at an interactive session with newsmen on Wednesday in Lagos.
The price of Premium Motor Spirit, popularly known as petrol, is currently above N1,000 per litre.
According to the elder statesman,Nigerians are going through hardship, the President should give an order to reduce fuel price, specifying time frame the people will enjoy such window of relief.
He said that the federal government as well as well- meaning individuals and businesses could bear the cost of such price slash , to bring happiness to all Nigerians.
The PDP leader, who noted that December and January are special months , said that such gesture could start from the middle of December and run through January.
“I have been thinking, as a Nigerian, what can we do because the anger and the hunger are almost equal on the streets of Nigeria.
“What am I suggesting is that Mr President should sit down with his managers and give an order that from the middle of December to the end of January, the cost of petrol will be N300 per litre.
“The government can absorb the losses in the interest of the suffering people.
“If they (government) want others to contribute, let us know how much that is going to cost and ask people to donate, to bear the cost.
“We will be sending a lot of messages of happiness across the tribes and homes.
“Everybody in Nigeria will be happy because it will positively impact on this period of the year. It is a challenge and he (Tinubu) can do it.
“We need this in this December and January to put smiles on the faces of Nigerians, ” George, a PDP Board of Trustees (BOT) life member, said.
Advising the President to take further measures to bring relief to the people, he said that the gesture would crash prices of essential commodities and services for the benefit of all .
He said that government’s efforts should be concentrated on reducing high inflation rate, unemployment, poverty and youth restlessness in order to create a better future for Nigerians
Speaking on the recent presidential election in Ghana, George noted that Nigeria’s electoral system needed reforms to guard against electoral frauds and manipulations.
According to him, the nation will continue to grope for development if the system fails to encourage best candidates to emerge.
Stating that election must reflect the wishes of the people and be devoid of religious and tribal sentiments, George said that Ghana election should be a wake up call for Nigeria.
“INEC performance must improve. The commission must make sure that the voice of the people is heard in elections.
“Electoral offenders should be made to face the music and sent to jail. We must be very firm about due process, credibility and transparency in elections,” he said.
Urging the President to revisit resolutions in the 2014 Constitutional Conference, George said that the current constitution was not federal in principle and practice.
“We should not deceive ourselves, the constitution is a problem. It is a military constitution, it is not democratic,” he said.
George called on the National Assembly to ensure devolution of powers and electoral reforms that would do away with manual collation of election results and mandate electronic transmission of election results from polling units.
George disagreed with political watchers saying no vacancy in presidency in 2027.
On the dwindling strength of the former ruling party, George, who noted that all organisations had its ups and downs, said that selfish interests and disregard for party rules remained PDP’s major challenge.
He said that PDP could bounce back and win presidential election if the leadership decided to elevate national interest above selfish interests and adhere to the party’s constitution.
“We will tell ourselves some serious old truth. We messed ourselves up. ” he said.
Stating, however, that the PDP was not dead, George said that lack of justice, equity, fairness and the inability to adhere to the party’s zoning and rotational principle cost the party victory in 2023.
Calling on the party’s founding fathers alive to wake up and rescue the party, George said that Nigerians were still waiting for the former ruling party to take over power and put things right. (NAN)
NEWS
Tinubu Set for Groundbreaking of Renewed Hope City in Lagos
President Bola Tinubu, is set to perform the groundbreaking of 2,000 housing units of the Renewed Hope City in Ibeju Lekki, Lagos, in the next few weeks.
Mr Ahmed Dangiwa, Minister of Housing and Urban Development, announced this during an official assessment visit, on Wednesday in Lagos
Dangiwa said Lagos would represent the South-west, while the president would do that of the North-West in Kano, before doing that of the four other regions.
“Arrangements is already on ground, we have gotten sites, and work has commenced for 2000 houses in the Renewed Hope City that we intend to build in Ibeju-Lekki,” he said.
Towards achieving the set goal, the minister said the visiting team also paid a courtesy visit to Gov.
Babajide Sanwo-Olu to discuss area of collaboration between the federal and state governments.He disclosed that the federal and Lagos state governments had agreed to set up a Tripartite committee and ensure all the issues of concerns between the parties were resolved amicably for the benefit of all.
Earlier, the Minister embarked on an assessment visit of deplorable Federal Government buildings and assets across Lagos state in a bid to commence rehabilitation on them in a few months.
Dangiwa said the rehabilitation was necessary as the deplorable buildings posed a challenge and security concerns to the Lagos state government. (NAN)
NEWS
Gov. Alia Presents N550.1bn as 2025 Budget Estimate to Benue Assembly
Gov. Hyacinth Alia on Wednesday presented the sum of N550.1bn as the 2025 appropriation bill to the Benue State House of Assembly for consideration and passage into law.
Alia told the lawmakers that out of the total budget size, N175.4 billion is for recurrent expenditure while the N374.
7 billion is for capital expenditure.The governor said that the total estimate represented a 47.
5 per cent increment over the 2024 revised and approved figure of N373 billion.He stated that the appropriation bill tagged “Budget of Human Capital Development, Food Security, and Digital Economy” was to consolidate the gains made in 2024.
Alia further explained that the proposed recurrent expenditure of N175.
4 billion was 13.55 per cent higher than the previous year.According to him, budgeted capital expenditure of N374.7 billion represents a 71.5 per cent increment on the 2024 revised capital expenditure.
“The budget breakdown indicated that the sum of N212.2 billion, representing 38.52 per cent is for administration; N196.6 billion, representing 35.68 per cent is for the economy; law and justice will take N26.6 billion, representing 4.84 per cent while social welfare will gulp N115.5 billion, representing 20.96 per cent.
“We have the vision. We have the will. And most importantly, we have the people ready to work alongside us to turn this vision into reality.
“Together, we will build a state where every citizen has the opportunity to succeed, where food is plentiful, and where the digital economy opens new frontiers of opportunity for all,” he said.
The governor said the intention of the government was to stay within the limits of its recurring revenue to build the state without accruing unnecessary debts for generations unborn.
He, however, said that since the 2025 budget was a deficit one, it proposed a borrowing plan of a conservative sum of N26bn, representing a modest 4.7 per cent of the proposed aggregate expenditure for 2025.
“This is lower than the state’s debt-to-GDP ratio of 8.2 per cent which is within the benchmark of the 25 per cent debt sustainability threshold.
“Despite these favourable debt ratios, I want to reiterate that borrowing will only be considered as a last resort and for regenerative investment purposes,” he added.
Alia stated that the problem of Internally Displaced Persons (IDPs) remained a challenge, adding that they have reasonably improved their living conditions.
He said the Bureau of International Cooperation and Development has elicited substantial grants from donors, totalling N85bn. (NAN)