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N30bn Palliatives: Akpabio Eats the Humble Pie, Apologises to State Governors

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The President of the Senate, Godswill Akpabio, has apologised to the state governors over his comment on the N30bn hardship allowance allegedly paid to them from the federation account.

Akpabio, during plenary last Tuesday, had said an “unverified report” indicated that state governors received N30bn each from the Federal Government to cushion the effect of inflation and high cost of food prices.

He made the comments during deliberation on the alleged N30trn Ways and Means advances  from the Central Bank of Nigeria to the former President Muhammadu Buhari’s administration.

The Federal Government in September 2023, said N2bn was released to governors out of the N5bn loan it promised them as a palliative to cushion the effect of the removal of fuel subsidy.

In response to the Senate President’s unverified claims, the Governor of Oyo State, Seyi Makinde, and the Akwa Ibom State government had denied receiving the N30 billion Federal Government’s cash disbursement to states to cushion the effects of the prevailing socio-economic hardship as stated by Akpabio.

However, Akpabio ate the humble pie Monday night when he apologised to the governors and regretted making the statement while relying on unverified information.

The Special Adviser to the Senate President on Media and Publicity, Hon Eseme Eyiboh, said Akpabio held the governors in high esteem.

The statement was titled, “N30bn to state governors from unverified report: I hold governors in high esteem – Akpabio”

It reads in part, “The office of the President of the Senate has been drawn to various misconceptions in the public domain on the statement credited to the President of the Senate in plenary of Wednesday, February 21, 2024, during the presentation of a report of the joint Committees on Finance, Agriculture/Food Sufficiency, Banking and Insurance.

“During the session the President of the Senate commented on the payment of an unverified cumulative sum of about #30bn to the sub-national governments by the Federal Government for various interventions to ameliorate the food situation of our citizens at the sub-national governments.

“The unfortunate conjectures to take away the kernel in the material facts of FAAC payment are rather regretted.

“In considering the well-intended motive of urging state governments to collaborate with the Federal government of President Bola Tinubu to facilitate strategic interventions to mitigate the prevailing economic situation in the country remains the underpinning motivation in the comment.

“The President of the Senate is not oblivious to the fact that state governments are functional partners in all the efforts of the current administration of President Bola Tinubu.

“They are also valuable stakeholders’ in the various legislative engagements of the legislature in creating the nexus between the legislature and the people.

“The President of the Senate has always demonstrated commitment to team building and shall not do less in the circumstance.

“He therefore urges the sub-national governments not to be distracted by any misunderstanding of the context and true meaning of the statement.

“The President of the Senate recognises and appreciates the current efforts of the governors at ameliorating the adverse effects of the current inclement socio-economic environment and therefore invites more hands on the plow to complement the renewed hope agenda.”

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Botched Game: CAF Punishes Libya, Awards Three Points, Three Goals to Nigeria

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The Confederation of African Football (CAF) has awarded three points, and three goals to Nigeria for the missed Libya game.

The development comes after the CAF president, Patrice Motsepe, said a thorough probe was ongoing following the recent controversy surrounding Nigeria’s Africa Cup of Nations qualifier against Libya.

Motsepe had maintained that the continental body would not tolerate any lack of sportsmanship and unfair treatment in African football.

However, in the latest development on Saturday, a statement signed by CAF’s Chairperson of CAF Disciplinary Board, Ousmane Kane said the decision to award Nigeria the points was taken after findings by the disciplinary committee it set up to look into the matter, found Libya guilty of the inhumane treatment meted out to the Nigerian senior men’s football team.

 

 

 

The 5-man disciplinary committee consist of; Mr. Ousmane Kane (Senegal) Chairperson, Ms. Njeri Onyango (Kenya) Vice-Chairperson, Mr. Felix Golbassia (Tchad) Member, Mr. Patrick Shale (Lesotho) Member, and Mr. Norman Arendse (South Africa) Member.

CAF said the disciplinary board decided that; “The Libya Football Federation is found to have breached Article 31 of the African, Cup of Nations Regulations as well as Articles 82 and 151 of the CAF Disciplinary Code, and that the match No.87 Libya v. Nigeria of the CAF African Cup of Nations Qualifiers 2025 (scheduled to be played on 15 October 2024 in Benghazi) is declared lost by forfeit by Libya (by a score of 3-0).”

Following the conclusion of the board’s findings, CAF also ordered the Libya Football Federation to pay a fine of USD 50,000 within 60 days of notification of the present decision.

The players and officials were stranded for hours at a Libyan airport and denied access to food and the internet as they prepared to honour their 2025 Africa Cup of Nations (AFCON) qualifier with the Mediterranean Knights.

It took diplomatic efforts and social media callouts for the team to be cleared to finally leave Libya.

With the CAF decision, Nigeria is now poised to qualify for the 2025 Africa Cup of Nations, with two matches to spare.

The Eagles are now on 10 points from four matches, four points better than second-placed Benin Republic, while Rwanda have five points. Bottom-placed Libya have only one point and are out of the running for qualification.

Victory or draw against the Cheetahs of Benin Republic in Abidjan on Thursday, 14th November (a Matchday 5 encounter) will land the Super Eagles a ticket to the finals in Morocco, December 2025/January 2026.

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Tinubu Appoints Bianca Ojukwu in New Cabinet Reshuffle, Sacks Five Ministers

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President Bola Tinubu has dismissed five ministers from his cabinet and appointed seven new ones as part of a cabinet reshuffle.

The President re-assigned 10 ministers to new portfolios and nominated seven new ministers for Senate confirmation.  

He dismissed Uju-Ken Ohanenye as Minister of Women Affairs, Lola Ade-John as Minister of Tourism, Tahir Mamman as Minister of Education, Abdullahi Gwarzo as Minister of State for Housing and Urban Development, and Jamila Ibrahim as Minister of Youth Development. 

Among the nominees, Tinubu selected Bianca Odumegwu-Ojukwu as Minister of State for Foreign Affairs and Nentawe Yilwatda as Minister of Humanitarian Affairs and Poverty Reduction, marking the official end of suspended Betta Edu’s tenure. 

Other nominees include Maigari Dingyadi for Minister of Labour and Employment, Jumoke Oduwole for Minister of Industry, Idi Maiha for the newly established Ministry of Livestock Development, Yusuf Ata for Minister of State for Housing and Urban Development, and Suwaiba Ahmad for Minister of State for Education. 

“The appointment of Shehu Dikko as Chairman of the National Sports Commission.

“The appointment of Sunday Akin Dare as Special Adviser to the President on Public Communication and Orientation working from the Ministry of Information and National Orientation,” the President said.

The President appreciated the outgoing members of the Federal Executive Council for their service to the nation while wishing them the best in their future endeavours. 

He then charged the newly appointed ministers and their reassigned colleagues to see their appointment as a call to serve the nation. 

Source: Nairametrics

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FG Drops Money Laundering Charges Against Binance Boss, Gambaryan

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The Federal Government on Wednesday withdrew the money laundering charges preferred against Binance Holdings Limited executive, Tigran Gambaryan.

Binance, its U.S. head of financial crime compliance, Gambaryan, and the exchange British-Kenyan regional manager for Africa, Nadeem Anjarwalla, were facing money laundering charges to the tune of $35 million brought against them by the Economic and Financial Crimes Commission.

Gambaryan and Anjarwalla were initially both detained in the custody of the office of the National Security Adviser.

Anjarwalla, however, fled lawful custody on March 22, 2024, while his counterpart, Gambaryan, was arraigned in April.

Following his arraignment, the court ordered his remand to Kuje Correctional Facility.

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