Connect with us

Uncategorized

Experts Commend FG’s Decision to Sell Some State Assets

Published

on

Share

An economist, Prof. Sherifdeen Tella, has supported the Federal Government’s decision to sell some state assets, stating that the move would enhance the country’s fiscal revenue position.

Tella, of the Department of Economics at Babcock University, Ogun, made the remarks in separate interviews with the News Agency of Nigeria in Lagos on Wednesday.

He stressed that the government should be commended for ensuring that some state assets were sold to become more productive for the overall economy.

“Since the government has invested a lot of public funds in these national assets, they should not be sold outright.

“Rather, regulators should consider partnering with foreign firms that have proven track records and possess adequate financial and technical know-how to manage such enterprises,” Tella said.

He emphasised that allowing more private investment in selected state assets would reposition them to grow and generate more revenue for the country.

“This will boost the government’s revenue position and support the full implementation of the capital component of the budget.

“Issues relating to the country’s reliance on foreign loans may also decline due to the availability of funds,” Tella added.

He noted that the government should be more transparent and thorough in choosing the most suitable partners in order to avoid the mistakes of the past.

Similarly, Okechukwu Unegbu, former President of the Chartered Institute of Bankers of Nigeria, also supported the government’s actions regarding some state assets.

“The government should be commended for taking such a stand, because the authorities cannot continue expending scarce resources on such national edifices, which could be better harnessed and managed by the private sector, given past antecedents,” Unegbu said.

He stressed that the government’s decision to sell the assets was imperative in order to reduce waste, especially in light of current revenue challenges.

“This will ultimately free up funds to be injected into other sectors that will spur economic growth, including the expansion of existing seaports and the completion of railway tracks across the country to facilitate trade,” Unegbu added.

Recall that the federal government has announced plans to begin the sale of some state-owned assets to private investors starting in 2026, as part of efforts to strengthen the economy and attract more investment.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known on Monday during an interview with Bloomberg on the sidelines of the AlUla Conference for Emerging Market Economies held in Saudi Arabia.

Edun explained that the government was already working on identifying which public assets would be put up for sale and determining when the transactions would take place.

Uncategorized

Otu, Retired Naval Chief Bag UNICAL Honorary Degrees

Published

on

Share

From Ene Asuquo, Calabar

The Governor of Cross River State, Prince Bassey Otu, has been conferred with an honorary doctorate degree (Honoris Causa) in Political Science by the University of Calabar (Unical).

In the same vein, Rear Admiral Garba Sadeeq Abubakar (Rtd) was also conferred with an honorary doctorate degree in Peace and Conflict Resolution.

They received the awards at the Godswill Akpabio International Conference Centre, UNICAL, during the 38th Convocation Ceremony for the award of Postgraduate and Honorary Degrees.

The Chancellor of Unical, His Highness, Sarkin Kano, Alhaji Ado Bayero, described the award as deserving, citing the invaluable contributions of the duo to national development.

He eulogized Governor Otu for his transformative leadership in Cross River State and Rear Admiral Abubakar for his distinguished service in the Nigerian Navy, emphasizing their commitment to public service and nation-building.

The Chancellor noted that the honorary degrees recognize not just their achievements, but their dedication to uplifting communities and promoting peace, making them exemplary role models for the graduating class.

He stated that UNICAL is proud to confer these awards on such outstanding individuals.

Speaking shortly after being robbed in an academic regalia, Otu said he feels honoured to receive the award, describing it as a testament to the character, discipline, and excellence Unical instilled in him as a student.

He pledged to continue partnering with tertiary institutions, especially Unical, to drive development and foster academic excellence.

Governor Otu charged graduands to dream big, stay focused, and get prepared to lead, urging them to make meaningful contributions to the society.

Continue Reading

Uncategorized

Children Registration Gives Legal Identity, Says Benjamins-Laniyi

Published

on

Share

By Laide Akinboade, Abuja

The Federal Capital Territory (FCT), Mandate Secretary, of women Affairs secretariat, Dr. Adedayo Benjamins-Laniyi on Monday said the registration of every child born in Abuja would give them the important legal identity they deserve.

The Mandate Secretary Women Affairs Secretariats stated this at the mobilisation of residents for birth registration, through the traditional rulers in Abuja Municipal Area Council (AMAC).

At the Palace of Sapeyi (Chief) of Garki, Alh. Usman Nga-Kupi, in Abuja, said the exercise is meant for all children from Zero to five years.

Benjamins-Laniyi, said the social mobilisation was to ensure all children between the ages of zero to five years were registered and issued a birth certificate as a legal means of identification.

She stressed that the move is to ensure that no child is left behind in the efforts to ensure absolute protection of all children.

She said that the birth registration campaign was being coordinated by First Lady Oluremi Tinubu across the country.

She said that the mobilisation of the traditional leaders and community members began on March 28 in Abaji Area Council and extended to the remaining five area councils of the FCT.

The mandate secretary said that the women affairs secretariat and its partners had received the blessing and cooperation of the royal fathers in the 17 Chiefdoms of the FCT.

According to her, “Through this partnership, we have taken the message of birth registration into palaces, homes, and communities across the FCT.

 “Together, under the watch of our royal fathers, we are restoring the dignity of our children by ensuring that every child in the FCT is seen, counted, registered and protected.

“When a child is registered, the child is recognised; and when a child is recognised, the child can thrive,” she said.

She said that the mobilisation was being implemented with support from the United Nations Children’s Fund (UNICEF) in collaboration with the National Population Commission (NPC) and National Orientation Agency.

She identified other partners as the National Identity Management Commission, FCT Primary Healthcare Board, FCT Area Council Secretariat and the Association of Local Government Employees of Nigeria.

The Director, Child Development in the secretariat, Dr. Idris Attah, explained that the mobilisation was to scale up birth registration in all the nukes and crannies of the FCT.

Attah added that the move was to ensure immediate issuance of the new digital birth certificates to children between ages zero to one year and ages between ages one to five years.

According to him, the registration is free to all children under five years in the FCT.

Child Protection Officer, UNICEF, Charlse Awuna said that the social mobilization for the birth registration would ensure that every child in the FCT has a legal identity.

According to Awuna, without a birth certificate, the child is not counted as a member of the community and as a citizen of the country.

“This is in line with the Renewed Hope Initiative of the First Lady Oluremi Tinubu, and this is why we are partnering with FCT women affairs secretariat to ensure that all children are captured in the population database.”

Also, Alh. Sulaiman Gada, NPC Director, FCT, noted that FCT was left behind in the birth registration of children under five years and commended FCT Administration for the efforts.

Gada stressed the need to effectively use traditional structures in every community “to ensure that every child is reached, registered and issued with a birth certificate.

He advised caregivers against laminating the certificate to prevent loss of data when uploading the document but preserve and protect the legal document.

Giving his royal blessings, Nga-Kupi welcomed the development and promised to mobilise all ward, village and district heads to ensure that all children in their domain were registered.

The success of the mobilization was highlighted by the immediate registration of King David Agazor, a three-month-old infant. His mother, Uchechukwu Ikechukwu, expressed her delight at the ease of the process.

“I’ve been trying since the first day that I gave birth… but my husband has been procrastinating about it.

“When my neighbor told me that they are giving it for free, I rushed here—even without bathing the baby—and it was just easy. I’m very happy”, she shared

Continue Reading

Uncategorized

Otu, Retired Naval Chief Bag UNICAL Honorary Degrees

Published

on

Share

From Ene Asuquo, Calabar

The Governor of Cross River State, Prince Bassey Otu, has been conferred with an honorary doctorate degree (Honoris Causa) in Political Science by the University of Calabar (Unical).

In the same vein, Rear Admiral Garba Sadeeq Abubakar (Rtd) was also conferred with an honorary doctorate degree in Peace and Conflict Resolution.

They received the awards at the Godswill Akpabio International Conference Centre, UNICAL, during the 38th Convocation Ceremony for the award of Postgraduate and Honorary Degrees.

The Chancellor of Unical, His Highness, Sarkin Kano, Alhaji Ado Bayero, described the award as deserving, citing the invaluable contributions of the duo to national development.

He eulogized Governor Otu for his transformative leadership in Cross River State and Rear Admiral Abubakar for his distinguished service in the Nigerian Navy, emphasizing their commitment to public service and nation-building.

The Chancellor noted that the honorary degrees recognize not just their achievements, but their dedication to uplifting communities and promoting peace, making them exemplary role models for the graduating class.

He stated that UNICAL is proud to confer these awards on such outstanding individuals.

Speaking shortly after being robbed in an academic regalia, Otu said he feels honoured to receive the award, describing it as a testament to the character, discipline, and excellence Unical instilled in him as a student.

He pledged to continue partnering with tertiary institutions, especially Unical, to drive development and foster academic excellence.

Governor Otu charged graduands to dream big, stay focused, and get prepared to lead, urging them to make meaningful contributions to the society.

Continue Reading

Advertisement

Top Stories

NEWS3 hours ago

Mutfwang Holds Close Door with Former State Governors

ShareFrom Jude Dangwam, Jos Plateau State Governor, Caleb Mutfwang has convened a strategic meeting with former governors of the state towards addressing the security challenges bedevilling the state. The meeting held...

SPORTS3 hours ago

Lobi Stars Trim Squad to Push for Promotion

ShareThe Nigerian National League (NNL) side, Lobi Stars Football Club of Makurdi, has trimmed its squad and retained a few quality players to push for promotion to the...

Foreign News3 hours ago

Pope Criticises ‘Tyrants’ Who Spend Billions on Wars after Trump Spat

SharePope Leo has criticised leaders who spend billions on wars and said the world was “being ravaged by a handful of tyrants” in unusually forceful comments during a...

Entertainment/Arts/Culture3 hours ago

Nigerian Men Scared of Bold, Confident Women, Phyna Claims

ShareFormer Big Brother Naija winner, Josephine Otabor, popularly known as Phyna, has claimed that she is still single because Nigerian...

NEWS3 hours ago

Residents Decry Persistent Power Outage in Abuja Community

ShareBy Raphael Atuu, Abuja Residents of Waru District in Apo, within Nigeria’s Federal Capital Territory, are raising the alarm over what they...

NEWS3 hours ago

2027: Tinubu Meets Coordinators, Renews Plea for Unity, Rule of Law

ShareBy David Torough, Abuja                         President Bola Tinubu has called for unity, resilience and renewed commitment to nation-building, urging Nigerians to...

NEWS3 hours ago

Gunmen Abduct 14 UTME Candidates in Benue Enroute Exams Centre

ShareFrom Attah Ede, Makurdi A wave of concern has trailed the ongoing Unified Tertiary Matriculation Examination (UTME) nationwide following the...

NEWS9 hours ago

Army Honours Fallen Heroes as Brig. Gen. Braimah, Others Laid to Rest in Maiduguri

ShareFrom Muhammad Muhammad Al-amin, Maiduguri The Nigerian Army has conducted a solemn burial ceremony for Brigadier General Oseni Braimah, Captain...

NEWS9 hours ago

Yusuf Congratulates Abubakar on Election as Int’l Academy of Food Science, Technology Fellow

ShareFrom Rabiu Sanusi, Kano The Governor of Kano State, Abba Yusuf has congratulated Professor Hafiz Abubakar on his election as...

NEWS9 hours ago

NCA Urges Christians to Exercise Restraint amid ‘Rising Religious Provocations’

ShareFrom Agbo Emmanuel, Kaduna Chairman, Northern Christian Association (NCA) Rev. Joseph John Hayab has called on believers across Nigeria to...