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Alake hails Gov Abiodun’s giant strides in infrastructural development

Published

1 year ago

October 28, 2022

Sahara Weekly

Alake hails Gov Abiodun’s giant strides in infrastructural development

…as Ogun Central hosts 2023 budget town hall meeting

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The Alake and Paramount Ruler of Egbaland, Oba Adedotun Aremu Gbadebo has commended the effort of the Governor Dapo Abiodun-led administration in the area of infrastructural development Ogun State, declaring that “you cannot beat a governor who makes promises and keeps promises”.

Oba Gbadebo who gave this commendation during the Town Hall Meeting on the Medium Term Expenditure Framework (MTEF) and 2023 Budget for Egba Division, held at the June 12 Cultural Center, Abeokuta, also declared that the governor has done incredibly well for the Egba Division in terms of infrastructural development.

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The Alake, however, called on the governor not to rest on his oars, congratulating him on the public service award he recently received from President Muhammadu Buhari, saying “this is honour well deserved”.

“All the list that I had with me, as the governor was speaking, I started ticking them off one after the other. You see, you cannot beat a governor who makes promises and keeps promises.

“All the roads I listed here, he had started work on them and completed some, and he has promised to start on new ones,” he said.

The monarch who also commended the present administration in the state for its stride at increasing the Internally Generated Revenue of the state and being named as the fourth best state in terms of revenue generation after states such as Lagos, Federal Capital Territory and Rivers State, charged the Governor Abiodun to up the ante as the state has the capacity to challenge even Lagos State.

He further applauded the governor for his feat in the area of housing in state, stressing that “in terms of housing, you have done more than any other governor in building houses in the history of the state”.

“Please, I want this record to continue to go higher and higher, please, build more”, Alake added.

Speaking earlier, Governor Abiodun disclosed that his administration would begin its Light Up Ogun project towards actualising uninterrupted power supply in the state, adding that transformers would be given out to local governments across the state.

“In line with our Light Up Ogun project, we will be flagging off the pilot scheme right here in Abeokuta, the Light Up Ogun project promises to deliver uninterrupted power supply to Ogun Central, particularly Abeokuta,” he said.

Abiodun who also noted that his administration would continue to sustain it’s position as investors destination of choice, noted that he won’t allow any form of insecurity to affect its position as the investors choice.

Meanwhile, the governor refuted the allegation that his administration has been taking 30 percent of funds meant for local government areas in the State.

He explained that instead of taking funds from the local government, his administration has been given the LGs between N200m to N300m on a monthly basis to augment their allocations in to enable them meet their financial obligations.

The governor noted that his administration has remained firm in the distribution of funding to all the tiers of government, maintaining that the rumors of depriving local government of fund is completely unfounded.

“We have continued to support our local government administration every month. We ensure that we give them a minimum amount to allow them to function because their allocations over the last six months had not been enough to meet their expenses let alone execute any capital project.

“As a responsible administration, we continue to bail them out every month to the tune of N200m to N300m a month because they are the closest to the people and they must function.

“We also have a sharing formula which allows us to take all the generated funds in transport, land use and 20 percent of that is allocated back to the local government. When they say that we deprived the local government the revenue is not true.

“Whatever is generated is spent judiciously and we ensure that there is a fair and equitable distribution of infrastructure which can be seen across the length and breadth of the state”. Abiodun stated.

He, however, observed that the centrality of the Egba Division and its people cannot be overemphasized in the development plan for the socio-economic valve of the state, stressing that the senatorial district apart from being home to the state capital, also acts as the link with other parts of the state.

In his opening remarks, the Economic Adviser and Commissioner for Finance, Mr. Dapo Okubadejo said similar meetings, which had taken place in three other zones, were meant to aggregate the people’s inputs that would form the basis for next year’s budget, appealing to all stakeholders to make meaningful contributions that would lead to a people’s oriented budget.

Commissioner for Budget and Planning Mr. Olaolu Olabimtan, in his presentation, said 68 projects were executed in each of the senatorial districts in the state,emphasizing that no local government area was left out on project allocation and execution.

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Related Topics:Featured GOV. ABIODUN ogun state

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Sahara weekly online is published by First Sahara weekly international. contact saharaweekly@yahoo.com

Business

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

Published

16 hours ago

April 23, 2024

Sahara Weekly

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

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… as FG endorses consolidated guidelines

Sahara Weekly Reports That Today, in a move to further revitalise the oil and gas industry’s contribution to the Nigerian Economy, Wale Edun, OFR, Minister of Finance and Coordinating Minister of the Economy, presided over a signing ceremony at the Federal Ministry of Finance headquarters in Abuja endorsing the Consolidated Guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector – a cornerstone of the Presidential Directive aimed at enhancing the Nigerian oil & gas sector’s global competitiveness whilst stimulating economic growth.

As disclosed during the signing, the Presidential Directives were developed and coordinated by the Special Adviser to the President on Energy, Mrs. Olu Verheijen to ensure a competitive framework for the Nigerian oil & gas industry. These Consolidated guidelines for the fiscal incentives are based on extensive collaboration across Finance and Petroleum Ministries and involved several key regulatory bodies including the Federal Inland Revenue Service (FIRS), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

According to Mrs. Verheijen, these new measures have been designed to deliver a competitive Internal Rate of Return (IRR) for Oil & Gas Projects and attract over $10 billion in new investments within the next 12-18 months. They also underscore Nigeria’s commitment to reaching its long term oil production target of 4 million barrels per day whilst enhancing the reliability of gas supply for to boost export earnings and fuel Nigeria’s industrialization.

Mrs. Verheijen disclosed that among the guidelines signed were the NUPRC Guideline on Hydrocarbon Liquids Content in a Non-Associated Gas (NAG) Field, essential for accurately categorising and quantifying the hydrocarbon liquid content in these fields. Additional guidelines focused on the applicability of tax credits and allowances for Non-Associated Gas Greenfield Development and the Midstream Capital and Gas Utilization Allowance, providing taxpayers with clarity on the computation of these benefits.

HM Edun, in his remarks, thanked President Bola Ahmed Tinubu for signing the directive in February 2024 to engender growth in the Nigerian oil and gas sector, which had stagnated for over the last decade. He also emphasised the potential of the guidelines, saying, “The idea is to create an atmosphere conducive to international competitiveness such that investment comes in. And in this case, we know it’s foreign direct investment”.

The signing ceremony was attended by various stakeholders, including NNPC Limited, Oil Producers Trade Section (OPTS) and the Independent Petroleum Producers Group (IPPG), further highlighting Nigeria’s unified approach toward reinvigorating its oil and gas sector.

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Education

JUST IN: Government Shuts Down Lead British School Over Student’s Bully (VIDEO)

Published

23 hours ago

April 23, 2024

Sahara Weekly

JUST IN: Government Shuts Down Lead British School Over Student’s Bully (VIDEO)

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Sahara Weekly Reports That The Federal Government has reportedly shut down Lead British School following the bully of a student named Namitira in the Abuja-based institution.

Two videos showing the student reportedly named Namtira being manhandled went viral on social media on Tuesday.

In one of the videos, the victim was seen being slapped repeatedly by another female student while asking “Who broke my heart?”

In another video, the victim was seen sitting next to a male classmate who was heard saying “I spoilt her relationship”.

Furthermore, the minister of women affairs has visited the school to address the situation. In a follow up video recorded this morning, the culprit was seen being slapped by a woman who is said to be the victim’s aunty.

This is the face of the bully, she was brought to the school just now by her parent, the lady who slapped her is the Aunt to the bullied girl, the school has also been shut down for three days and minister of women affairs is there to address the issue,

🎥: Gistlover pic.twitter.com/5M7ocJIlZf

— Pamilerin Adegoke (@UnclePamilerin) April 23, 2024

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news

Meet the Nigerian prophet that prophesied the climatic disaster in Dubai and Oman

Published

2 days ago

April 22, 2024

Sahara Weekly

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By Collins Nkwocha

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The prophetic Hall of Fame, prophet Godwin Ikuru of Jehovah Eye Salvation Ministry, Lagos has established himself as a global prophet, giving accurate and precise prophecies to nations, individuals,continents and organisations.

Nigerians will never forget how he enunciated that Tinubu was going to rule Nigeria,a lot of people and prophets made him their enemies and even threatened to him because of that,but God will always fulfil the words of his prophets as Tinubu finally emerged the president despite all the antagonism.

On the 31st of December when this great prophet was dishing out his prophecies for the year 2024,he said categorically and emphatically that the Asian countries will experience a lot of climatic disasters this year.Oman had a very heavy rain that killed 18 people,it included at least nine schoolchildren and their drivers whose vehicle was washed away by the floodwaters.

UAE witnessed the heaviest recorded rainfall in history,this is really alarming as the rainfall caused a lot of havoc.Only the prophetic Hall of fame, prophet Godwin Ikuru saw all these coming.

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