Tolulopeayowunmiehuwa

  AGAIN, RIVERS ASSEMBLY OVERRIDES GOVERNOR FUBARA ON 3 BILLS Riding on the crest of Section 100(5) of the Constitution of the Federal Republic of Nigeria, 1999 as amended, and in furtherance of legislative positivism in the interest of the people, the Rivers State House of Assembly, on Thursday, at its 94th Legislative Sitting, has again over overridden the assent of Governor Siminialayi Fubara on three Bills, which were earlier passed and transmitted to Governor Fubara for assent over a month ago. The House took the decision to override the Governor after he withheld his assent to the Bills. Commenting on the three Bills - the Rivers State Education (Return of Schools) (Amendment) Bill, the Rivers Electricity Market Bill, and the Rivers State Commissions of Inquiry Bill, 2024 which were represented by the Majority Leader, Hon. Major Jack, and debated by Members, the Speaker, Rt. Hon. Martin Chike Amaewhule, cited Section 100(5) of the Constitution of the Feder...

  The Federal Government has allocated N15 billion for the dualization of the Benin-Akure-Ilesha road, a new infrastructure project covering a total length of 150.7 kilometers. This initiative, part of the Ministry of Works’ budget within the proposed N49.74 trillion 2025 budget, includes two phases: Phase I focuses on rehabilitating the existing Benin-Akure road, while Phase II will add a new lane to the existing carriageway. This allocation is detailed in the 2025 Federal Government Final Budget Proposal. In addition to the Benin-Akure-Ilesha road dualization, the Federal Government has earmarked significant funding for other key infrastructure projects in the 2025 budget. These include the N15 billion allocated for the rehabilitation of failed sections of the Bauchi-Jigawa state border road, aimed at improving critical transportation links in the region. Another major allocation is the N11 billion set aside for the reconstruction of the Shagamu-Ore road, a 96-kilo...

  Damilola Aina and Dare Olawin Nigerians on Wednesday praised the quality of refined petroleum products sourced from the Dangote Petroleum Refinery and sold at MRS Oil Plc filling stations across the country. They particularly praised the impressive burn rate of its fuel, which lasts longer compared to other products imported into the country and sold by other firms. Before now, complaints from drivers have centred around the inability of a full tank to last for a week of commuting to and from the office, with discussions varying based on the car’s age. Some argue that N10,000 worth of fuel only covers the journey from home to the office. Motorists, who expressed satisfaction with receiving value for their money, also criticized the NNPCL for deceiving Nigerians and importing substandard fuel into the country. Two weeks ago, the Dangote refinery announced its partnership with MRS Petrol station to sell petrol from its retail outlets nationwide at N935 per litre. It s...

  EFCC loses over $350,000, jewelries days after sacking 27 officials over fraud In a troubling turn of events, the Economic and Financial Crimes Commission (EFCC) is now grappling with a major scandal involving the disappearance of substantial amounts of cash and valuables from its Lagos Zonal Command. Credible sources told PRNigeria that between $350,000 and $400,000 has reportedly gone missing, along with expensive jewelry and other high-value items. This disturbing revelation comes just days after the EFCC dismissed 27 of its officials due to misconduct and fraudulent activities, a move that has raised questions about accountability and oversight within the agency. The dismissals which were announced on Monday, followed recommendations made by the EFCC Staff Disciplinary Committee and were subsequently ratified by the commission”s Chairman, Ola Olukoyede. While the investigation into the missing funds is already underway, the EFCC finds itself in a precarious posi...

  Nigeria has retained its position as the third-largest debtor to the World Bank’s International Development Association, with its exposure climbing to $17.1bn as of September 30, 2024. According to the World Bank’s latest financial statements for the fiscal year up to September 2024, Nigeria’s debt to the IDA rose by $600m in three months from $16.5bn recorded in June 2024. The PUNCH earlier reported that there was a 14.4 per cent increase between the figure for June 2024 and the $14.3bn recorded in June 2023. The fiscal year, which ran from July 2023 to June 2024, saw the country receiving an additional $2.2bn in loans. For the first time, Nigeria rose to the top three IDA borrowers in June 2024, moving from its previous fourth position in 2023. So far, Nigeria has maintained this third-largest debtor position, receiving a total of $2.8bn from the World Bank’s IDA during Bola Tinubu’s administration. Bangladesh and Pakistan occupy the first and second positions, with d...

  The Anambra State Government House, Lodge, and ancillary structures are approaching completion, signifying a major achievement for the state, which has lacked a befitting government house and lodge since its inception on 27th August 1991, thus positioning the current governor, Prof Charles Chukwuma Soludo , as a trailblazer whose legacy will endure for generation. 👇 https://www.youtube.com/watch?v=Czw50cAjx6Y ( Quote ) ( Report ) 11 Likes ( Like ) 1 Share ( Share ) Re: New Anambra State Government House On Final Stages (Video, Photos) by Bestmanfornow : 1:59pm On Nov 18 Anambra state investment summit 2024 that Soludo’s government signs 10 Memorandum of Understanding with development partners at the Second edition of the Anambra investment summit They are: 1: Development of Agro Land by National Agricultural Land Development Authority (NALDA) 2: Development of Independent Power Plants (IPPs) by Genesis Energy and VFD Energy 3: Gas Reticulation Project by Ax...