Tag: Fed Govt

  • Fed Govt: Power generation hits 4,600 Mw

    The Federal Government yesterday said its power generation has improved to 4,600 megawatts (Mw) from about 3,000Mw.

    The Permanent Secretary in the Ministry of Power, Godknows Igali briefed State House correspondents after presenting activities of the ministry to President Muhammadu Buhari at the Presidential Villa, Abuja.

    He said: “We are doing over 4600Mw of power on the grid and we can do better. But then this is a big improvement from about 3,000 Mw.

    “Other times when we attain 4,000Mw, because of pipeline disruptions we go down to about 2000Mw. We’ve consistently in the past two months been over 4,500Mw, now reaching close to 4,700Mw.”

    But he noted that distribution of power has remained a great challenge in the country.

    He said: “Distribution remains a challenge because that’s where customers feel it most. We are working with a lot of the Discos very closely, tracking them, to make sure that what is needed at the distribution level is done.

  • Fed Govt needs N15b to hit 8,000 megawatts by 2016

    Fed Govt needs N15b to hit 8,000 megawatts by 2016

    Deputy Managing Director, Transmission Company of Nigeria (TCN) Dr Atiku Abubakar yesterday said about N15 billion was required for the nation to generate 8,000 megawatts of electricity by 2016.

    Abubakar spoke while inspection of some electricity projects at the sidelines of a training programme for auditors in Lagos.

    He said electricity generation recently improved, attributing it to improved gas supply.

    According to him, the highest peak (4,652 megawatts) was reached in July, with transmission a little above the power generated, saying TCN could transmit about 5,300 megawatts.

    ‘’As generation is improving, we are expected to expand transmission to evacuate all that is being generated for distribution.

    “l can assure that we have our plans, targeting projects that are critical, so that within a short time, we will  hit 8,000 megawatts by end of 2016,’’ he said..

    Abubakar said interested investors willing to invest in the transmission segment had been shortlisted, adding that over 30 investors that could deliver on project had been chosen.

    He said he won’t name them, adding: ‘’We are trying to see that they are capable technically and financially  to fund the project’’.

    “We are putting up a framework to enable them recover their investment.

    “Since the Federal Government won’t give them a sovereign guarantee, we’ll repayment from our billing charges and internally generated revenue,’’ Abubakar said.

  • Fed Govt sets 2016 timeline for accrual basis accounting implementation

    Nigeria will begin the implementation of accrual  basis accounting under the International Public Sector Accounting Standards (IPSAS) in January 2016, the Federal Government has said.

    The Accountant-General of the Federation, Ahmed Idris, who disclosed this in Abuja at a book launch titled: “Government Accounting in Nigeria: An IPSAS Approach”, said Nigeria started the implementation of the cash basis in 2014.

    The book was written by a former Accountant-General of the Federation, Kayode Naiyeju and Prof. Eddy Omolehinwa.

    Idris added that the implementation committees at both the state and national levels were working to make sure that Nigeria implements the policy next year.

    “There is an implementation committee at national level. There is one at state level and these committees are working based on time frame. So there is no delay.We are on course.

    “The accrual basis is supposed to kick-start in January and by the grace of God we will kick-start January. We want to also be a global player in everything and that is why we have keyed in. We have a time-frame, and like I told you the cash basis started 2014 and we are now transiting into accrual basis and that is exactly what we are doing.”

    He explained that with the implementation of IPSAS, Nigeria will operate on the same platform with advanced economies.

    He said: “We will be operating on the same platform with advanced economies in terms of financial accounting reporting, information rendition, and services of our financial accounts, among others.’’

    “We need to keep government accounting more seriously in Nigeria. Because without proper accounting, you are never going to have accountability and without accountability, we are not going to tackle the problem of corruption in our country,” he said.

     

     

  • APC to banks, Fed Govt: don’t grant Ondo loan

    APC to banks, Fed Govt: don’t grant Ondo loan

    Ondo State All Progressives Congress (APC) has cautioned the Federal Government and Access Bank Plc against granting any loan to the state government.

    The party urged Governor Olusegun Mimiko to give account of allocations he had collected since the inception of his administration.

    Its spokesman, O’moba Abayomi Adesanya, in a statement yesterday, challenged the state government to explain to the people why he was seeking N7 billion loan from Access Bank despite the alleged N70 billion debts he incurred.

    Besides, Adesanya said the few projects implemented so far by the government did not justify the money he met in the state’s accounts and the allocations collected since 2009, when he took over.

    He said Mimiko was only trying to create a mess for any incoming government that would take over from him in 2017.

    The statement reads: “We have it on good authority that the said N7 billion loan was only meant for the completion of the ‘Dome’ project and the Fiwasaye/Oba-Ile/Airport road.

    “These projects have been on since 2009. Mimiko should explain to the people why he should be seeking for loans for the completion of the project, when N4.1 billion was awarded for the road project and N1.5 billion was first awarded for the ‘Dome’ project and N2 billion when the same ‘Dome’ was re-awarded in 2013.

    “The little projects completed by the state government since its inception in 2009, do not justify the over N44 billion it met in the state treasury and over N700 billion allocations it had collected since 2009.

    “Mimiko has only embarked on window dressing jobs while all our industries and ongoing projects embarked upon by his predecessor, late Governor Olusegun Agagu, have been abandoned.

    “It will be recalled that when Mimiko’s government came on board, it promised residents of Akure, the state capital, that the major road, Oyemekun/Oba-Adesida, will be turned to a “Washington DC”.

    “He proposed to make this road six lanes road. Houses and shops were demolished and this project was awarded for N3.2 billion. But, we were shocked that what the contractor could do was removal of streetlights and construction of the median along the road for one year.

    “The Ondo township road in his home town was flagged off around the same time at the cost of N3.8 billion and up till now, the job is yet to be completed.

    “Mimiko and his co-travellers have grounded the economy of the state while the rate of poverty has increased. The masses cannot eat three square meals. In Ondo State, government taxes have weakened commercial activities. It has gotten to the stage that the poor masses are being denied government’s facilities through taxation.”

  • Fed Govt upset by sale of fuel above N87, says DPR

    Fed Govt upset by sale of fuel above N87, says DPR

    The Department of Petroleum Resources (DPR) has conveyed the displeasure of the Federal Government over the sale of petrol above the regulated price of N87 per litre by oil marketers and depot owners.

    At a meeting held in Lagos between the DPR and stakeholders in the downstream sector of the oil industry including the Pipeline and Products Marketing Company (PPMC), Petroleum Products Pricing Regulatory Agency (PPPRA), Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association (DAPPMA), and Independent Petroleum Marketers Association of Nigeria (IPMAN), the DPR Director, Mr. Mordecai Danteni Baba Ladan gave serious warning to all the stakeholders on continued violation of the fuel pricing template.

    He said the meeting was summoned to convey government’s displeasure at the illegal sale of petrol above the stipulated pump price and the ever lengthening of vehicular queues at the filling stations.

    Following the development, the DPR said that pursuant to the Petroleum Control Act CAP.351 Laws of the Federation of Nigeria 1990 and the Petroleum Act 1969 (as amended) – preliminary investigations revealed that the prevailing hike in retail prices of premium motor spirit (PMS) and dual purpose kerosene (DPK) across the country is as a result of the unscrupulous activities of some depot owners and major marketers who are engaged in selling PMS and DPK to various retailers at prices higher than the official ex-depot price of N77.66k and N34.51k respectively

    In order to check the unprincipled activities of these depot owners and major marketers and to prevent further imposition of hardship on the general public, the DPR said it has resolved to take immediate steps to directly supervise the sale of PMS and  DPK from these affected depots in order to ensure that appropriate pricing is strictly adhered to.

    “This process will involve; the immediate suspension of direct sales of PMS and DPK from the affected depot owners and major marketers, the immediate setting up of a special DPR task force on supervision and monitoring of product sales from the affected depots with powers to stop sale of products from these depots. The  task force shall liaise with the PPMC, PPPRA and the law enforcement agencies, shall issue directives and guidelines to the general public on the procedure for the enforcement of the supervised sales throughout the period of this exercise until normalcy returns to the sector,” he said.

    We hereby reiterate that all depots, marketers and operators in the sector should abide by the official pricing regime to avoid DPR’s sanctions, which may include the activation of all conditions that may lead to the denial of any marketer from further participation in the PSF scheme and the withdrawal of licences of a facility, he added.

  • Fed Govt won’t tolerate illegal mining, says Buhari

    President Muhammadu Buhari yesterday declared that the Federal Government will no longer tolerate illegal mining and other improper activities that have inhibited the growth of Nigeria’s solid minerals sector.

    He issued the warning after receiving a briefing from top officials of the Ministry of Mines and Steel Development led by the Permanent Secretary, Baba Umar Farouk.

    The President, according to a statement by the Senior Special Assistant on Media and Publicity, Garba Shehu, noted that the mines and steel sector was very important for the diversification of the economy.

    Buhari expressed displeasure at Mr. Farouk’s report that the sector had been overrun by illegal miners.

    “This is one of the most demoralising briefs I have received. The biggest threat to this country besides the Boko Haram is unemployment and the mining sector is key to employment creation.

    “We cannot be held back on such a strategic industry that can give us much needed jobs and promote economic growth.

    “There must be more seriousness in running this country and we are determined to instill that seriousness,” the President said.

    The Permanent Secretary had told the President that Nigeria’s mining  sector has been infiltrated by  “illegal aliens” who carry out unlawful mining activities in the country.

    The statement also said that President Buhari directed the Ministry of Environment to undertake a rigorous study of Lake Chad, with a view to bringing up proposals on how best to reverse the shrinking of the lake, which currently serves as a major source of livelihood for many.

    Speaking after receiving a briefing on the challenges facing the Ministry of Environment, President Buhari noted that the security and economic challenges faced by member countries of the Lake Chad Basin Commission could be substantially ameliorated with an improvement in the economic value of the lake.

    He also urged the Ministry of Environment to take up the challenge of researching cheaper ways of sourcing energy for cooking apart from firewood.

    The Permanent Secretary, Nana Fatima Mede told President Buhari that Lake Chad has shrunk considerably from the 1960s, when it covered an area of more than 26,000 square kilometers, to less than one-tenth of that size at present.

     

  • Resident doctors to Fed Govt: undertake forensic audit of health institutions

    The National Association of Resident Doctors (NARD) yesterday urged the Federal Government to institute a forensic personnel audit of federal tertiary health institutions.

    The President of NARD, Dr Dan-Jumbo Prince, spoke at a news conference in Lagos.

    Prince said that this would assist in appraising the level of spending and development in the nation’s health sector.

    He said that this was part of the resolutions of the association at the end of its National Executive Council (NEC) meeting held at the Obafemi Awolowo University Teaching Hospital Complex, Ile-Ife, Osun.

    Prince said, “we reached some resolutions and one of them is that the Federal Government should immediately institute a forensic personnel audit of the federal tertiary health institutions.

    “The aim of the audit is to establish the true personnel spending, plugging of all leakages and reinvesting for the manpower and infrastructural development in the sector.’’

    He said fund was not allocated for residency in the 2015 budget, urging the Federal Government to make provisions for residency training in the 2016 budget.

    Prince also spoke on the incessant strikes in some tertiary health institutions.

    He said: “There are pockets of strikes in various Federal and State hospitals across the country.

    “This is due to the refusal of some Chief Medical Directors/Medical Directors to implement the directive of the Federal Government on the Adjustment of Grade of doctors according to a Dec.19, 2013 letter.

    “The refusal of these CMDs/MDs to obey the directive of the Federal Government has caused untold hardships to many Nigerians in accessing affordable health care.

    “NARD directs her local centres on strike to immediately engage their various hospital managements with the circular with reference C.2262/T/111 and dated July 29.

    “This is with a view to restore services as soon as the managements commence implementation of the directives.’’

  • ‘Why Fed Govt should invest in education’

    ‘Why Fed Govt should invest in education’

    THE senator representing Lagos Central, Mrs. Oluremi Tinubu, has emphasised that education is vital to making meaningful changes in the country.

    She said Nigeria would face a dangerous future, if the youth do not acquire the right education.

    The Federal Government, the senator said, must invest heavily in education to have an upright youth population and a corruption-free society.

    Mrs. Tinubu spoke at the weekend at the inaugural lecture of the National Union of Lagos State Students (NULASS) at the Faculty of Education of the University of Lagos (UNILAG).

    She spoke on the theme: Students as panacea in the emerging new Nigeria.

    The senator noted that the efforts of past administrations were not enough to stabilise education.

    Describing students’ activism as the driving force of social change in the past republics, the senator noted that today’s students had not lived up to expectations.

    The reason, she said, is that the ideals that give meaning to life were being eroded, adding that students’ bodies were not insulated from the rot.

    She said: “Nigerian students today have not lived up to the expectations, let alone become positive participants in the business of nation-building. We live in difficult times, an era when all ideals that give meaning to life are being gradually eroded. Unfortunately, students are not insulated from the societal rot; that, in a way, may be partly responsible for the sorry state of students’ unionism.”

    Recalling the progressive activities of the past leadership of the National Association of Nigerian Students (NANS), Mrs. Tinubu said it would be impossible for the present crop of students’ leaders to cause positive change, if campuses were not rid of vices that have been impediments to quality education.

    She added: “To rid Nigeria of vices and corruption would be an uphill task. The social vice called corruption has been so permeated into our nature that it will take the act of God to eradicate it. It is my ardent believe that, as long as our students have uncorrupted minds, all hope is not lost for our country.”

    To set the country on the path of change, the former Lagos State First Lady said students must imbibe the virtue of honesty, discipline and hard work.

    She said there was need for societal re-orientation that would reward hard work and punish crimes.

    “We cannot fight corruption in a country, where a public officer found to have embezzled billions of naira is fined a couple of millions of naira in the name of plea bargain. What type of message are we sending to our youths; that they can do anything and get away with it by plea bargain?

    “We need to put more efforts in our actions to send clear message to our youths, because many of our leaders are not being seen as good role models for them to emulate,” she said.

    For students to be effective in building a new Nigeria, Senator Tinubu urged them to positively engage in seven areas of national life, including family, religion, education, talent development, public communication, economy and governance.

    The lawmaker, who said the era of violent students’ unionism had passed, said: “Students must be actively involved in the process of development of their immediate communities. Students can form local pressure groups to monitor programmes of their elected representatives.

    “This local pressure group can also influence the society by carrying out socially-beneficial programmes, such as debates, street carnivals, environmental sanitation and education on harmful effect of drug use, prostitution and armed robbery.”

    The senator said she was proud of the Lagos students for their foresight and their thought on issues affecting the wellbeing of the nation.

    She said students have key role in nation-building and such role must be carried out in line with decorum and civility.

    The Dean of Students’ Affairs, Prof. Tunde Babawale, described NULASS as one of the most organised students’ bodies on the campus, praising the Lagos State students for the peaceful conduct of their elections.

    At the event were member of the Lagos State House of Assembly Segun Olulade, former Deputy Majority Leader of the Assembly Lola Akande and representative of the Lagos State Deputy Governor Mrs. Adebimpe Rufai, among others.

  • Fed Govt to establish commodity corporations

    The establishment of commodity corporations in the country will promote greater private sector participation and ownership, Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Mr. Abdulkadir Musa, has said.

    Speaking in Abuja during a consultative meeting of stakeholders on the proposed establishment of commodity corporations, Musa said the forum was timely, as government was concerned about issues bordering on agric-commodity development as a way of diversifying the nation’s economy.

    “It is important to state that the global market conditions and unsustainable fiscal deficits show that the government can no longer sustain a high level of public expenditures. The liberalisation option of commodity trade should be sustained and encouraged in order to promote greater private sector participation and ownership,’’ he said.

    Musa said the ministry was saddled with the mandate of developing agricultural commodities from processing, packaging, quality certification to standardisation, storage and marketing. He recalled that commodity boards were established in 1977 as a key trade policy on export of agricultural commodities.

    The objectives of the boards, Musa said, were to purchase agric-commodity from farmers and later sell to large buyers while providing incentives to farmers to enable them increase their acreage. The boards also ensured that farmers adopted new technologies in production to increase yield.

    “It was, however, clear that the operation of those boards involved very high administrative costs, unbearable taxation on farmers, gross under-pricing of agric commodities, political interference and non-sustainable infrastructure,’’ he said.

    The permanent secretary said with the introduction of the Structural Adjustment Programme (SAP) in 1986, government policy direction changed in favour of economic liberalisation that included the trading of commodities.

    As a result of this, he said the liberalisation witnessed lack of requisite experiences, which resulted in the loss of overseas buyers’ confidence in Nigerian agricultural produce for not meeting the minimum international requirement.

    Musa added that in an effort to address the challenges, the dissolution of the marketing boards required the establishment of a market structure to fill the unintended vacuum created. He further said the Federal Government established the Export Commodities Coordinating Committee in 1989 as an inter-ministerial body with members drawn from different ministries.

    He said the committee had brought sanity into the agric-commodity business with the introduction of standards in conjunction with key stakeholders. “I am pleased to inform the gathering that the financial obligation of Nigeria to the International Commodity Organisation to which Nigeria is affiliated has been settled to date.

    “The payment of counterpart funding for counterpart programmes conceded to the country is being settled,’’ he announced.

    On his part, President, Federation of Agricultural Commodity Associations of Nigeria (FACAN), Dr Victor Iyama, urged the Central Bank of Nigeria to provide loans and grants to farmers. He said government must be involved, adding that it should, however, allow stakeholders to drive the process.

    “The government is in the position to support nationals in confronting stiff international economic competition. There should be greater reliance on private sector solutions than on direct government solution whenever and wherever possible. The open market system is far more desirable especially for the upliftment of the farmers,’’ Iyama said.

    According to him, the benefit of trade liberalisation and the scrapping of the commodity boards was that farmers will now get premium price for their commodities. Other benefits, he said, are increase in employment opportunities in the agric-commodity sector, increase and expansion in agricultural commodities production and inflow of foreign exchange into the economy.

  • Fed Govt urged to reposition PHC system for better access

    Fed Govt urged to reposition PHC system for better access

    •Expert calls for universal health coverage

    The Federal Government has been advised to reposition the Primary Health Care (PHC) system, which is closest to the grassroots, to ensure unhindered access to medical treatment.

    According to an Associate Medical Director, Nethermayne, Basildon, Essex, United Kingdom, Prof Rotimi Jaiyesimi, this will  make Primary healthcare Centres (PHCs) effective, and as such, healthcare better and disease prevention easy.

    Jaiyesimi, who spoke in Lagos, said if the PHC system is made to be functional, it would be able to render most care, especially in the area of curative and disease prevention because it is closer to the people.

    He called for its better funding, adding that the present three percent of the country’s budget dedicated to healthcare is too poor. “It can be six percent but I would recommend 10 percent because health is wealth,” he said.

    Jaiyesimi, an obstetrician and gynaecologist, said secondary and tertiary facilities should handle only referrals and other serious health problems.

    “I am passionate about the PHC because that is where about 70 percent of problems, such as diarrhoea, anaemia and hypertension, among others are treated. Expectant mothers too can be attended to at the centres,” he said.

    The PHC system, he said, should be well-equipped to meet international standard as stipulated by the World Health organisation (WHO), adding: “Adequate infrastructure across the 774 local government of Nigeria is necessary to make treatment easy.”

    Jaiyesimi said the midwifery scheme under Jonathan administration was a step in good direction, adding that such programmes should be sustained as nurses are important to effective healthcare delivery.

    He said the PHC system has worked more effectively under  former late Health Minister, Prof Olikoye Ransome-Kuti as it handled communicable and non-communicable diseases so well.

    To achieve unfettered access to healthcare at all levels, he advised the Federal Government to make available to Nigerians universal health coverage (UHC) so that the rich and poor can benefit.

    “The National Health Insurance Scheme (NHIS) should be involved in the UHC. The private sector also have a role to play. A token sum of money can be deducted from the call rate charges of telecommunication providers to act as premium for each enrollee in the scheme because almost everybody uses telephone nowadays in Nigeria,” he said.

    The professor said this would also reduce health tourism.

    Jaiyesimi said political will is needed to make this work.