NEWS
Rebuilding Aba a Difficult but Necessary Task – Otti

Gov. Alex Otti of Abia has described his administration’s decision to rebuild Aba, the commercial hub of the state, as a difficult but necessary one for an age of prosperity.
Otti made the remark on Thursday in Aba, during the commissioning of Ekeoha Shopping Complex for remodelling.
He said that Aba is known globally as an important business destination, a strategic trading hub in West Africa and a fertile ground for traditional enterprises.
“Unfortunately, it has not been properly repositioned with its trading spaces to meet the aspirations of the new generation of business people.
“I mean persons who daily go to find the best deals on textiles and clothing materials, shoes and leatherworks, electronics, heavy machineries and parts, and other products,” the governor said.
He said his government had set up a Project Management Committee to see that there is process transparency, and guarantee that every party met its obligation.
He said the success of the project required the active support and cooperation of all stakeholders and invited them to give it for the benefit of all.
Otti said that when completed, persons who could pay outrightly for shops would be allowed, adding that bank support had been secured for traders, who did not have enough to pay up at once to enable them to own shops.
Otti, while addressing the traders concerns, said that the cost of the shops would be different from their old rates but promised the shops would be bigger, better and more modern.
The Chairman of the shopping complex, Mr Emeka Okeke, thanked the governor “for showing himself a friend to Aba traders”.
He said that a place had been secured where the affected traders could be relocated to continue their business until their shops were ready.
Okeke said that traders that were averse to the remodeling idea were persons afraid of losing their shops at the completion of the project.
He gave the assurance that traders would regain their shops, if they had their allocation documents intact.
The CEO, Rhino Homes and Properties Limited, Mr Chinedu Onyeizu, said the company would deliver a quality project and in record time.
Onyeizu further said his company would turn the shopping complex into a world class market with digital presence that would satisfy Abia government, traders and their patrons worldwide.
He said that following Otti’s directive, the project’s development would be structured in phases to reduce the impact on the traders.
He further said that the shopping complex would be expanded to the old compound of the School of Health Technology “to ensure no trader is displaced to a distant place”.
Onyeizu said the new market would be internet-enabled, have an elevator, a mini clinic, ambulance, and fire truck for health and emergency response services.
The Commiasioner for Trade and Investment, Dr Chimezie Ukaegbu, said the market had faced challenges over the years, which hindered its potentials.
Ukaegbu said the market infrastructure had decayed and the trading environment, less conducive to modern business services.
He described the new Ekeoha market as an investment in the future of its traders and patrons, which would boost international trading with a new customer base, upon completion. (NAN)
NEWS
Troops kill 8 Terrorists in Katsina

Troops of 17 Brigade, operating under Operation Fasan Yamma at Forward Operating Base (FOB) Kurfi in Katsina State, have on Wednesday, eliminated eight terrorists in an encounter along Kurfi – Batsari Road.This is contained in a statement by the Director, Defence Media Operations, Maj.
-Gen. Markus Kangye, on Thursday in Abuja. Kangye said the troops swiftly engaged the terrorists and thwarted their plans after a prolonged duel. He said the terrorists suffered significant casualties, with recovery of five AK-47 rifles, six AK-47 magazines, and 13 rounds of 7.62mm special ammunition.According to him, a soldier was however, wounded in action and evacuated to 17 Brigade Medical Centre for treatment.“The situation remains calm, while troops’ morale and fighting efficiency remain high.“The Defence Headquarters commends the bravery and professionalism of the troops involved in the operation.“We reassure Nigerians of our continued efforts to ensure the safety and security of our citizens,” he said. (NAN)NEWS
Tinubu to Visit Kaduna Thursday to Inaugurate key Projects

President Bola Tinubu is expected in Kaduna State Today Thursday for the inauguration of several key developmental projects executed by the administration of Gov. Uba Sani.Report says that the visit forms part of activities marking Sani’s two years in office.The projects lined up for inauguration include the 300-bed Specialist Hospital in Millennium City, Kaduna, built by the state government to bolster the provision of healthcare services.
Tinubu will also inaugurate the Institute of Vocational Training and Skills Development in Rigachikun, road projects in Soba, and Samaru Kataf LGASas well as the 24-kilometre Kafanchan Township Road. Others are the Tudun Biri Road, the 22km road linking Kauru and Kubau LGAs as wll as the Vocational and Skills Training Centre in Tudun Biri.Tinubu is also expected to unveil 100 Compressed Natural Gas (CNG) buses, as part of efforts to modernise the state’s public transportation system.The projects are part of the administration’s focus on infrastructure development, healthcare delivery, youths empowerment, and economic growth.The state government described the visit as a significant moment for the people of Kaduna and an opportunity to showcase ongoing efforts to transform the state through impactful governance.Sani, who marked his second year in office this month, has prioritised human capital development, rural infrastructure, and jobs creation since taking office in 2023.Tinubu’s visit to Kaduna State was rescheduled from Wednesday to Thursday.He was initially supposed to visit Kaduna on Wednesday, but due to the recent attacks in Benue, he shifted his trip.The president visited Benue on Wednesday to commiserate with the victims of the recent attacks and assess the humanitarian crisis.During his visit to Benue, Tinubu met with stakeholders, including traditional rulers, political and community leaders, and youth groups, to seek lasting solutions to the hostilities.He also condemned the ongoing violence and called on the residents to embrace peace and mutual understanding.The Benue Government had declared a work-free day for Tinubu’s visit, urging the residents to turn out in large numbers to welcome him. (NAN)NEWS
Tinubu Committed to Uplifting Poor Nigerians – Bagudu

By Tony Obiechina, Abuja
Minister of Budget and Economic Planning, Senator Abubakar Bagudu said President Bola Tinubu is resolutely dedicated to restoring the livelihoods of impoverished and vulnerable Nigerians.Bagudu stated this in Abuja on Wednesday during the stakeholders’ meeting concerning the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) Programme Additional Financing.
According to him, the president would support the vulnerable by ensuring food security and aiding the recovery of micro and small enterprises (MSEs), as outlined in his government’s Renewed Hope Agenda. “President Bola Tinubu’s visionary leadership and Renewed Hope Agenda have created a favourable macroeconomic environment, leading to the proliferation of highly impactful programmes aimed at vulnerable and underprivileged groups,” he told the stakeholders, which included the commissioners of Finance, Budget, and Economic Planning from the 36 states and the FCT.The NG-CARES is a programme aimed at alleviating the adverse effects of various crises arising from climate change, civil strife, natural disasters, and their resultant socio-economic impacts on vulnerable populations, particularly in the aftermath of the COVID-19 pandemic.To implement the Nigeria COVID-19 Action Recovery and Economic Stimulus Programme, which was later renamed the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) Programme, the Federal Government sought and secured a USD750 million World Bank credit through the International Development Agency (IDA), amounting to USD750 million USD on behalf of the States and FCT in June 2021.The credit facility has aided state governments in implementing programmes designed to avert poverty and vulnerability among Nigerians while simultaneously stimulating the growth of the local economy.As a Programme for Results (PforR), its implementation has delivered remarkable outcomes, benefiting over 16 million direct beneficiaries across the states and the Federal Capital Territory (FCT).Given the outstanding results achieved under the current NG-CARES Programme, the state governments, through the Federal Government, have requested an Additional Financing (AF) of USD 500 million to support the implementation of the NG-CARES AF and empower individuals and households to overcome covariate shocks that could push them further into extreme poverty.Bagudu disclosed that the World Bank Board and the Federal Executive Council had approved the credit and were awaiting the approval of the National Assembly for its targeted activities.He stated that the stakeholder meeting aimed to enhance the participants’ comprehension of the design, approach, and institutional arrangements necessary for the successful implementation of the NG-CARES Additional Financing.“It will also foster collaboration and synergy among the Ministries of Finance and Budget & Planning at the subnational level,” he stated.The minister explained that the sustained implementation of NG-CARES AF was essential, given the intervention’s emphasis on supporting the poor and vulnerable, adding that, as Africa’s largest economy, Nigeria could not afford to remain in poverty.“Therefore, sustaining the livelihoods of over 200 million people is crucial to everything we do,” he stated.“The NG-CARES AF would progressively upscale the successes achieved under the existing programme, foster stronger coordination mechanisms between the federal and state governments, strengthen service delivery platforms at all levels, and accelerate the implementation of programmes to address the current crisis, among other benefits”, he explained.Bagudu assured the stakeholders that the Tinubu administration would continue to ensure adequate quality assurance, monitoring, capacity-building, and oversight of programme activities and results.He promised that the Federal Government will offer coordinated institutional strengthening and technical support to the states through federal entities, ensuring proper programme oversight, overall guidance, coordination, strategic direction, review, and support.