Author: The Nation

  • Fire razes market, traders count losses

    Fire razes market, traders count losses

    Traders in Anambra State are gnashing their teeth, as fire has destroyed their goods worth over 300 million naira.

    The popular Nkpor Main market in Idemili North Local Government, near Onitsha, has been gutted by fire.

    The inferno, which occurred on Wednesday night, reportedly affected a section of the market.

    The Nation gathered that the fire had already razed about 30 shops before the traders mobilised and managed to extinguish it before the arrival of men of the state fire service.

    Confirming the incident, Chairman of the market, Chief Paul Okafor, said over N300million worth of goods were damaged in the inferno.

    He said the fire started from a cold room and spread to nearby shops.

    Okafor, whose wine shop was also gutted, said the fire affected shops loaded with paints, curtains, gum, shoe leathers and polish, wines, hot drinks, thinners, among others.

    He lamented that phone calls put across to the state fire service did not yield positive results, as firefighters did not show up until the traders mobilised and put the fire out.

    Okafor called on the government to station firefighting vehicles under the flyover bridge at Nkpor main market, to serve the three major markets in the vicinity.

    He said: “Goods worth over N300 million were damaged in the inferno. Traders are now counting their losses. This is not good for this Yuletide.

    Read Also: Yuletide: Don’t think of vacation this season, we’ve burden of Nigerians on our shoulders, Shettima tells NEC

    “We call on the state, local governments and public-spirited individuals and groups to come to the aid of the affected traders, to enable them bounce back to business as soon as possible.

    A patron of Anambra Markets Amalgamated Traders Association and President of Building Materials Traders Association, Chief Jude Nwankwo, sympathised with the victims.

    He called on the government, individuals and groups to assist them. He advised market leaders to provide fire extinguishers at markets, to mitigate the effects of fire, particularly at night.

    The state Fire Chief, Martin Agbili, did not pick his calls for confirmation.

  • NSCDC promotes spokesperson, 200 others

    NSCDC promotes spokesperson, 200 others

    Nigeria Security and Civil Defence Corps (NSCDC), Anambra State Command, has promoted its spokesperson, DSC Okadigbo Edwin, to the next rank of Superintendent of Corps (SC).

    Okadigbo was decorated with his new rank alongside 200 other newly- promoted officers of the command, who benefitted from the 2023 promotion recently released by the Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB). 

    Performing the decorating ceremony at the state Command Headquarters, Awka, on behalf of the Commandant General of NSCDC, Dr. Abubakar Ahmed Audi, State Commandant, Mr Edwin Osuala, described their promotion as well deserved and reward for dedication and commitment to duties.

    Osuala congratulated the newly promoted officers, urging them to consider their new status as a challenge to do more, with a call to remain loyal, dedicated and committed to the service of protecting people’s lives and property.  

    He said: “I want to congratulate you on your deserving elevation to the next rank. This is a testimony to your dedication, hard work, sacrifice and commitment to duty. 

    “It is said that to whom much  is given, much is expected, therefore this promotion is a challenge to continue with your good work and even perform better. Please do not betray the trust and confidence reposed in you.” 

    Read Also: Prioritise your health, strengthen bonds with loved ones, God – First Lady tells elderly Nigerians

    The command second in charge, DCC Steve Ikeorah, praying for more career success for the promoted officers, admonished them to be good ambassadors of the Corps, be honest, straightforward and loyal to constituted authority to deserve more promotions while in service. 

    Responding on behalf of the promoted officers, DCC Ukaobi Prominence appreciated God in their lives to witness the memorable day. 

    He thanked Civil Defence, Correctional, Fire, Immigration Services Board (CDCFIB) and the management of Civil Defence Corps for finding them worthy of the new ranks. 

     He appreciated family members and well-wishers who honoured them with their presence, stating the avowed commitment of the ‘promotees’ to justify the responsibilities conferred on them by their new ranks optimally.

  • Governor’s wife pays medical bills

    Governor’s wife pays medical bills

    Wife of Ebonyi Governor, Mrs. Mary-Maudline Nwifuru, yesterday paid the hospital bills, totalling N471,570, for four indigent persons at Vincent Hospital, Ndubia, Izzi Local Government.

    The News Agency of Nigeria (NAN) reports that the intervention was also extended to a number of women, comprising the aged, widows, men and other indigent young persons and daily labourers who received bags of rice and cash gifts each.

    The distribution of the items was made when Mrs Nwifuru visited their spots in Abakaliki.

    The governor’s wife said the gesture was to support indigent persons who couldn’t afford to buy food items due to the high cost of commodities.

    The governor’s wife, who had a wonderful time with the groups in their spots and the patients, said it would also enable them to celebrate Christmas with ease.

    The hospital Administrator, Rev Fr Paul Elom, appreciated the wife of the governor for the exercise, saying the women had been detained in the hospital for the past three months because they could not pay their hospital bills.

    “But you came today and released them to go and celebrate Christmas with their families.

    “In January, we engaged the services of some obstetrics and gynecology consultants, and they have helped us achieve our goal of zero mortality rate of mother and child,

    Read Also: Yuletide: Don’t think of vacation this season, we’ve burden of Nigerians on our shoulders, Shettima tells NEC

    “Thank you for doing the work of Christ that God sent to liberate those in captivity,” Elom said to Mrs. Nwifuru.

    Mr Nwaoye Oshiri, a recipient and bricklayer, thanked the governor’s wife for providing for indigent persons in the society.

    Mrs Agnes Uguru, also a recipient, who said her source of livelihood was mixing building concretes and engaging in other menial jobs, expressed satisfaction over the gesture.

    Uguru described the gesture as renewed hope for the people, which has helped in reducing poverty in the state.

    Another recipient, Mrs Felicia Egede, lauded Mrs Nwifuru for the gesture, saying it should be sustained to reduce hardship among indigent persons.

  • Insecurity: Obi of Onitsha endorses PISE-P

    Insecurity: Obi of Onitsha endorses PISE-P

    The Obi of Onitsha, Nnaemeka Alfred Achebe, has endorsed the non kinetic approach of resolving the violence in the south east region of the country.

    The approach is being canvassed by the Peace in South East Project (PISE-P) initiated by the members of the National Assemby from the region led by the Deputy Speaker Benjamin Kalu.

    The initiative has also received massive support and endorsement from the Presidency, the National Assemby leadership, the business and corporate worlds as well as the entertainment industry among others.

    Speaking on Wednesday night when Kalu led a delegation of the PISE-P members to pay him a courtesy call in Abuja, Achebe commended the initiative, saying it was time restore peace in the south east.

    He said: “Your spirit is in the right direction. We are looking for the same thing. We just have to join forces and make things happen. We want peace and reconciliation in Igboland. Our strength is in what we can do for ourselves”, he said.

    Kalu said that PISE-P was conceived to address the sociological challenges in the south east, stressing kinetic means had not solved the issues of the region.

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    According to him: “That’s why we came up with this concept to use the non kinetic approach, using these pillars that will include integration through infrastructures, skills acquisition, education, etc, to appeal to our people to calm down not to depending on the government alone. Time will not allow me to go through all of them but this is something that has been welcomed massively.”

    PISE-P is expected to be formally unveiled in Bende Local Government Area of Abia State on December 29, 2023.

  • JUST IN: Police arrest seven over armed robbery, cultism

    JUST IN: Police arrest seven over armed robbery, cultism

    Police operatives in Enugu state have arrested seven youths including a former local government councillor for alleged conspiracy, armed robbery, secret cult, and unlawful possession of firearm.

    The ex-lawmaker, whose name was given as Henry Agbo Ogbonna, is a former Councillor in Enugu South Local Government Area of the State.

    A statement signed by the State Police Public Relations Officer, Dan Ndukwe made available to journalist on Thursday, stated that the lawmaker and the six others were apprehended at various times in the state.

    The statement reads: “The Commissioner of Police Enugu State Command, Kanayo Uzuegbu, psc (+)*, has reaffirmed the commitment of the Police to continuously clamp down on unrepentant criminal elements in the State.

    “The reaffirmation is following the arrest of seven (7) male suspects, including a former Local Government councilor, for the m s, and secret cultism. Six (6) firearms, sixteen (16) live cartridges, and a snatched motor vehicle were recovered.

    “A brief description of the arrests and recoveries shows that Police Operatives serving in the Abakpa Police Division of the Command, in synergy with the Neighbourhood Watch Group, on 06/12/2023 at about 9.30p.m., arrested one Ndubuisi Ugochukwu Eze Oboro aged 27.

    “The suspect and cohorts, who escaped, had attacked their male victim, dispossessed him of his phones and snatched his Toyota Camry car in the process. But were on the verge of escaping when Operatives swooped on them, arrested the suspect, and recovered one (1) locally made double-barreled pistol and the vehicle.

    “In a different development, Police Operatives of the Anti-Cultism Tactical Squad of the Command, in the month of November 2023, arrested the following male suspects: Kosisochukwu Ochiora aged 25, Agbo Daniel (a.k.a. Ara) aged 25, Henry Agbo Ogbonna aged 42, Ani Samuel aged 17, and Okolo Ndukanachi aged 24.

    “The suspects were arrested for their involvement in a case of conspiracy, unlawful possession of firearms, and cultism.

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    “Their arrest led to the recovery of four (4) firearms, comprising two (2) locally made double-barreled and one locally made revolver pistol, one (1) cut-to-size single-barreled gun, and sixteen (16) live cartridges.

    “Investigations have proved that the suspects confessed to being members of the Vikings Confraternity, while one of them, Henry Agbo Ogbonna, was found to be the former Councillor of Ikiriki Ward 6 in Enugu South Local Government Legislative Council, acclaimed Senior Special Assistance on Works to the Council’s Executive Chairman, and is a member and sponsor of the secret cult group activities.

    “It further revealed that the suspects, in the month of November 2023, perfected plans to avenge the attack on one of their cult group members by a notorious member of a rival cult group, Apache Tiger (also known as Two-two). This is before the Operatives swung into action and arrested them.

    “Similarly, the Operatives of the Squad, on 24/11/23 at about 8.30 p.m., arrested a male suspect, Ani Chidera aged 28, for his involvement in the case of burglary. A painstaking investigation led to the recovery of one (1) locally made pistol from the suspect, who also confessed to being a member of Viking’s Viking Confraternity. The suspect has been arraigned in court and remanded in the Correctional Custodial Centre.

    “The unprosecuted of the cases shall be charged to court and the suspects prosecuted once ongoing investigations are concluded.”

  • Prioritise your health, strengthen bonds with loved ones, God – First Lady tells elderly Nigerians

    Prioritise your health, strengthen bonds with loved ones, God – First Lady tells elderly Nigerians

    First Lady Oluremi Tinubu has urged elderly citizens to strengthen their bonds with their loved ones and God, saying this is an important key to a rich and fulfilling life in golden years.

    She spoke on Thursday, December 21, at the maiden edition of the Renewed Hope Initiative Elderly Support Scheme (RHIESS) in Abuja

    In a statement issued by her spokesperson, Busola Kukoyi, First Lady noted that this period is a time of joy and comfort, adding that no citizen, irrespective of age or gender, should be left out.

    She said: “As we approach the festive season, it becomes very important to emphasise the significance of prioritizing our elderly citizens in our Initiative. By reaching out to the elderly this festive period, we not only honor their contributions but also acknowledge the unique encounters they face.

    “This economic empowerment programme is borne of a steadfast commitment to the well-being of our elderly citizens and it marks a significant stride in our collective pursuit of a more inclusive and compassionate society”, she said.

    Also speaking at the event was the Chief of Defence Staff; General C.G Musa, OFR who was represented at the event,  thanked the First Lady for her constant acknowledgement and support for the Armed Forces and the Police.

    Read Also: Banks slash withdrawal limit as traders hoard cash in Abia

    He thanked the veterans for their unalloyed service and commitment to the nation and assured them that the Armed Forces and Police will always look after their well-being”.

    The theme for the maiden edition of the Renewed Hope Initiative Elderly Support Scheme, RHIESS is Better Days Ahead and according to Senator Oluremi Tinubu, the programme serves as a beacon of Renewed Hope, dignity and prosperity for the elders of the nation.

    The programme which held simultaneously across the 36 states, FCT and for the Veteran Armed Forces had the RHI give out One Hundred Thousand Naira cash to 250 elderly persons per state, FCT and the Armed Forces Veterans.

    A total of Nine Hundred and Fifty Million Naira was disbursed.

    Bags of rice, wheat and other food items were also given to the beneficiaries while medical tests were also conducted.

  • Uniosun lifts ban on cooking in hostels, warns against truancy

    Uniosun lifts ban on cooking in hostels, warns against truancy

    The management of Osun State University (Uniosun) has suspended policy banning students from cooking in its hostels for the new in-take.

    The vice-chancellor of the institution, Professor Clement Adebooye made it known while addressing 6,000 new students during their matriculation programme held on campus.

    The Nation recalled that Uniosun banned cooking by students in its hostel within school campus.

    Adebooye said: “Students can now cook in school hostels to make life to be easy for you, the new in-take. Be careful while cooking and ensure you follow safety protocols.”

    Read Also: FG unveils gas leakage detector factory to generate 400 jobs

    He charged the newly admitted student to explore extracurricular activities within the school and also warned against truancy.

    He added: “We uphold the values of integrity, discipline, and moral uprightness. Social vices such as examination malpractice, cultism, indecent dressing, drug abuse, sexual harassment, and truancy are vehemently condemned.”

  • PSC fixes date for screening of 416,270 police constable

    PSC fixes date for screening of 416,270 police constable

    The Police Recruitment Board has approved January 8th as the date for the commencement of screening for successful applicants for recruitment into the Constable cadre of the Nigeria Police Force.

    The Board met on Thursday, December 21, at the Corporate Headquarters of the Police Service Commission (PSC) in Jabi, Abuja and took several decisions in respect of the next stages of the recruitment exercise.

    At the close of the Recruitment Portal early this month, 416,270 Nigerian youths were found to have satisfied the initial requirements for the next stage of the exercise.

    The successful applicants are made up of 315,065 for General Duty and 101,205 for specialist cadre.

    A statement issued by the Head, Press and Public Relations, PSC, Ikechukwu Ani read: “The successful candidates are expected to receive their letters of invitation  on or before the 23rd of December 2023.

    “This next stage of the exercise will include both physical and credentials screening to be conducted in the applicants state of origin. The Board has further directed that candidates invited for the screening exercise are expected to come with original copies of their certificates and other credentials  including letters of attestation from their Local Government Chairmen and/or their traditional rulers.

    “Other stages of the recruitment process include computer based test (CBT)which will hold after the screening exercise and  Medical examination.

     Dates for these  stages of the exercise would be announced in due course.

    Read Also: FCTA retirees help Abuja’s development – Wike

    “Meanwhile after the closure of the recruitment portal, Kaduna State with 31,117 successful applicants tops the list, followed by Adamawa with 29,848; Benue, 25,346; Borno 24,854; Katsina 24,239 and Bauchi 22,958. Other states with high successful applicants are Kano, 21,006; Niger, 17,959; Gombe17,493; Yobe, 17,207; Nasarawa, 16,284; Jigawa, 16,007; Taraba, 15,622, Plateau, 15,389 and Kebbi, 12,917.

    “Anambra State with 1,141 has the least successful applicants nationwide, followed by Ebonyi, 1,537; Lagos, 1,775 and  Abia, 2,110.

    “The Board demands that candidates must conduct themselves in a manner required of Nigerian youths desirous of a career in the Nigeria Police Force, an Institution guided by strict laws and regulations and which holds discipline as a bedrock for its existence.

    “The board also wishes to warn candidates to beware of fraudsters who will come with tempting promises of  assisting them based on payment of certain sums of money.”

    Ani said the entire recruitment exercise is free and will be based on merit and performance at each stage of the exercise.

  • How we created our niche in energy sector – Neconde chairman

    How we created our niche in energy sector – Neconde chairman

    Many approach business like a brawl in which they must fight bare-knuckle to succeed. But Neconde Energy approaches it like an art; business to the energy player manifests as the synthesis of all creative and entrepreneurial physics.

    It is hardly the doing of any one man but the concerted efforts of scores of genii of different stripes and mindsets. It is the collaboration of the deeply creative, pragmatic, subtle and critical spirit of a team. The sum of all these efforts finally transmutes into a successful enterprise.

    Nonetheless, there is no gainsaying that the world of business equally manifests, like a perilous coast rippling with storms. Amid the turbulence, Neconde Energy rides the tides, steered by an unyielding spirit and a team of genii.

    So far, the latter has guided the franchise through the bittersweet, cut-throat world of global commerce with astounding results.  As you read, Necondes Energy subsists as one of the very few viable enterprises in Nigeria’s mainstream oil sector.

    Its strategic business model though fundamentally designed to make immense profit from the global business terrain, seeks to increase the organisation’s positive impact on both local and global socioeconomic sectors.

    The future of energy resilience is optimally on display in the operations of Neconde Energy; the company has successfully created its niche as an innovative player designed to furnish the energy sector with unrelenting verve, capital, utility and human resources.

    The goal, according to the company’s management is to develop systems to help make the energy sector more profitable and resilient. The company is showing what can happen when the right conditions converge to support crucial players in the local energy sector.

    Established in November 26, 2010, Neconde Energy Limited stands as an independent oil and gas company, serving as a specialized vehicle for acquiring and developing petroleum assets. The company’s primary focus is on exploring and producing oil and gas assets for sale in Nigeria’s crude oil and gas stock market.

    Neconde Energy Limited secured a 45% stake in the OML 42 field after a successful bid for its acquisition in January 2011. NEPL, formerly NPDC, stands as its partner with a 55% stake in the field.

    Throughout its existence, Neconde has thrived, credited to its high corporate value centred on superior service delivery, innovative leadership, and world-class standards within the oil and gas industry. In 2019, the company spearheaded an alternative crude oil evacuation method, showcasing its innovative prowess as an industry leader.

    The company’s success is further propelled by its Board of Directors, comprised of seasoned industry professionals with extensive regional and global expertise. These professionals contribute diverse skills, steering the company as an innovative and leading industry player. Here are the profiles of the board members:

    Mr. Franz Wohlfart: Recently appointed as the Managing Director/Chief Executive Officer, Franz Wohlfart brings over 23 years of oil and gas industry experience across Austria, Romania, and Russia. He has held various positions, including Chief Operating Officer and Managing Director of TDE, Director of Workover Division in OMV, and Deputy Director of Drilling at ROSNEFT Upstream.

    Mr. Musa Bello Mustapha: An Independent Non-Executive Director with over 28 years of oil and gas industry experience, Musa Bello Mustapha served as the pioneer Company Secretary/Legal Adviser of AMNI International Petroleum Development Company Limited. He has held significant roles within the Federal Government of Nigeria and the EFCC.

    Mr. Abdulrahman Yinusa: With over three decades of banking and finance experience, Abdulrahman Yinusa’s career spans various financial institutions. He has held executive roles in banking, including Managing Director/CEO and CFO positions. He currently chairs the Audit Committee of Neconde’s Board.

    Mr. Ubaka Emelumadu: An Energy Consultant with over 35 years of oil industry experience, Ubaka Emelumadu served as General Manager and Vice President of Gas at Shell Nigeria. He also held executive positions at SPDC and chaired the Board of Shell Nigeria Gas.

    Mr. Akin Oparison: A Senior Fellow at the Lagos Business School, Akin Oparison has over 25 years of management and leadership experience in multinational companies. He specializes in leadership development and organizational excellence.

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    Mr. Sambo Ahmadu: Retired as Group General Manager in charge of Group Finance for NNPC, Sambo Ahmadu boasts over 35 years of experience in both public and private sectors in Nigeria and the USA. He holds professional accounting qualifications and currently serves on several Boards of Directors.

    Mr. Wolfgang Goetsch: With over 30 years of professional experience in various management positions, Wolfgang Goetsch served as Managing Director of Julius Berger Nigeria PLC for nearly 10 years. He currently holds the position of Executive Vice-President in ILF Consulting Engineers and chairs Neconde’s Nomination, Remuneration & Governance Committee.

    Uche Val Obi SAN: The Managing Partner of Alliance Law Firm, Uche Val Obi SAN heads the firm’s transaction, corporate commercial, and dispute resolution practice. He holds several prestigious degrees, including a Master of Laws Degree and a Master of Business Administration, and is recognized as a Top Lawyer by Chambers Global 500.

    Dr. Ernest Azudialu-Obiejesi: The Chairman of the Board of Directors, Dr. Ernest Azudialu-Obiejesi holds a Bachelor’s degree in Accounting, an MBA, and an Honorary Doctorate Degree in Business Administration. He’s also the Executive Chairman of the Obijackson Group of Companies, established over 35 years ago.

    Recently, Neconde Energy Limited concluded its annual retreat for Board Directors and Executive Management, strategizing for enhanced effectiveness and future productivity. Dr. Ernest Azudialu-Obiejesi emphasised that the diverse and accomplished directors underscore Neconde’s commitment to sustained leadership, innovation, and excellence in the oil and gas industry, ensuring the company’s continued success and prominence in the market.

  • Yuletide: Don’t think of vacation this season, we’ve burden of Nigerians on our shoulders, Shettima tells NEC

    Yuletide: Don’t think of vacation this season, we’ve burden of Nigerians on our shoulders, Shettima tells NEC

    Vice President Kashim Shettima on Thursday, December 21, charged members of the National Economic Council (NEC) to shelve the idea of vacation in the yuletide and carry on with issues of governance to ease the burden of Nigerians hanging on their shoulders.

    He charged the council members to be alive to the demands of Nigerians, noting that, “as the year draws to a close, none of us in this chamber should anticipate a vacation. I tend to think so because upon our shoulders rests the weight of responsibilities from which we cannot escape. We are returning to be judged by the promises we made to be here.”

    Speaking on Thursday during the 138th meeting of the NEC, which held virtually, the Vice President said his principal, President Bola Tinubu has shown that the challenges inherited by his administration are surmountable, and has offered visionary leadership and presented a coherent development plan to assist in the country’s pursuit of order, abundance, and stability.

    According to a statement issued by Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Stanley Nkwocha, Shettima explained that government, at all levels, cannot afford to relax at the current stage of things because constituents are waiting to see the manifestation of all campaign promises.

    He said: “Each of us owes their constituents the scorecard of their stewardship in these few months of translating ideas into tangible actions. That’s why we can’t afford to fail, and the new year must be, for us, a timeout to reflect on how we have fared so far and what we must do differently to keep the hope of the nation alive.”

    Apparently keen about getting results of the government’s ongoing reforms in good time, the VP stressed the need for the citizens to feel the positive impact of fuel subsidy removal and forex unification, noting that high inflation and cost of living are global challenges that have affected the economies of all countries.

    Shettima said they should be considered as enough “inspiration for us to come together and tackle ours through realistic interventions”.

    Read Also: FG to FERMA: Brace up for massive road maintenance

    Meanwhile, following deliberations on critical economic matters and assessments of potential short-term, medium and long-term strategies for addressing pressing economic issues, NEC set up the committees on Economic Affairs, as well as the committee on Crude Oil Theft And Management.

    Both committees are to be headed by Kwara State Governor, Alh AbdulRahman AbdulRazak, and his Imo State counterpart, Senator Hope Uzodimma, respectively.

    The Economic Matters committee to be chaired by Kwara State Governor, AbdulRazaq AbdulRahman, is saddled with the task of preparing a clear roadmap for dealing with petroleum subsidy, including a framework for defending wage negotiations, exchange rate management and fiscal consolidation sustainability, liquidity management and inflation, medium term investment and growth, fiscal transparency and accountability, as well as state of emergency on food production for 2024.

    Members of the committee include the Gombe State Governor, representing North East; Governor of Lagos (South West); the Governor of Akwa Ibom (South-South); the Governor of Anambra (South East); the Governor of Niger (North Central), and Governor of Kaduna (North West).

    Rukaiya El-Rufai, Special Adviser to the President on NEC and Climate Change is to serve as Secretary.

    The second committee on Crude Oil Theft and Management, an existing NEC committee, has been reconstituted with Governor Hope Uzodimma of Imo State as the chairman.

    Other members are the Governor of Ogun State representing South West; the Governor of Plateau State (North Central); the Governor of Rivers (South-South) Governor of Borno (North East); Governor of Jigawa State (North West); the Governor of Abia State (South East); Minister of Budget and Economic Planning; Minister of Finance and Coordinating Minister of the Economy; CBN Governor; GCEO of NNPCL, NDDC Chairman, and Service Chiefs.

    The secretariat will be domiciled at the Ministry of Budget and Economic Planning and the Special Adviser to the President on Economic Matters, Dr Tope Fasua will serve on the committee.

    Council also received an update on account balances as at 31st October 2023. The Excess Crude Account as at 31st October, 2023 stood at $473,754.57, while the Stabilization Account was N32,063,186,474.96 during the same period. Development Of Natural Resources Account as at 31st October 2023 stood at N156,770,745,529.74.