COP28: PRESIDENT TINUBU UNVEILS BOLD VISION FOR A GREENER NIGERIA WITH ROLLOUT OF 100 ELECTRIC BUSES
President Bola Tinubu says Nigeria is taking a significant step towards a sustainable and eco-friendly future by introducing a pioneering initiative to deploy a fleet of 100 electric buses.
The President spoke at a high-level meeting with stakeholders and investors on the Nigeria Carbon Market and Electric Buses Rollout Programme on Saturday in Dubai, United Arab Emirates, on the margins of the COP28 climate summit.
President Tinubu explained that the strategic initiative is aimed at significantly reducing Nigeria’s carbon footprint and modernizing the country’s transportation systems as part of a larger effort to position Nigeria and Africa as the pioneering frontier of green manufacturing and industrialization with a focus on natural gas as a transition fuel alongside other renewable energy sources.
To spearhead this transformative plan, the President announced the appointment of the Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Zacch Adedeji, and the Director-General of the National Council on Climate Change (NCCC), Mr. Dahiru Salisu, to co-chair the Nigeria Carbon Market Activation Plan.
”This initiative stands as a testament to our dedication to environmental stewardship as clearly exemplified through our collaboration with the Africa Carbon Market Initiative. Our visionary plan is a strategic guidepost, directing Nigeria towards becoming an investment-friendly destination for carbon market investments.
”We recognize the imperative of fostering an environment that not only attracts investment but also upholds standardized and sustainable industrial practices. As a manifestation of our forward-thinking approach, we are actively looking to implement robust, enabling policies and frameworks that will serve as the catalyst for the burgeoning growth of the carbon market within our national borders.
”In further driving my commitment, I have recently approved an Inter-governmental Committee on Carbon Markets to be chaired by the Executive Chairman of the Federal Inland Revenue Service and the Director-General of the National Council on Climate Change to drive this visionary plan,” the President stated.
The President assured prospective investors that this initiative transcends being a mere pilot project.
”It is a concrete manifestation of our unwavering dedication to a carbon-neutral future. I assure you; this is only the commencement of our ambitious plans, with many more impactful initiatives on the horizon,” he said.
President Tinubu, while acknowledging the pressing need for a comprehensive global collaboration on climate-related challenges, called on global partners to join hands in accelerating collective efforts towards a net-zero future.
”As we unveil our initiatives, I challenge other nations to emulate our strides in mapping out their sustainable futures with a clear understanding that Africa is a beacon of innovative solutions to climate-related challenges.
”In this pursuit, we acknowledge the pressing need for comprehensive global collaboration, and we reiterate our commitment to being an active participant in international efforts.
”Nigeria’s plans for a greener and cleaner economy can serve as an inspirational narrative for nations worldwide. Our comprehensive approach, rooted in visionary leadership and pragmatic action supported by our technical partners, is poised to become a blueprint for countries aspiring to also develop and catalyze their markets for sustainable growth,” the President concluded.
In his remarks, FIRS Chairman, Mr. Zacch Adedeji acknowledged the visionary leadership of President Tinubu as the guiding force behind Nigeria’s commitment to harnessing its vast carbon potential.
Mr. Adedeji pledged the full commitment of the Committee to drive the implementation of efficient policies and frameworks to achieve sustainable carbon market growth.
Reiterating Nigeria’s readiness to lead the global effort to combat climate change, Mr. Adedeji described the initial phase of the rollout of the electric buses as a tangible symbol of Nigeria’s commitment to modernizing its transportation systems while reducing Africa’s modest carbon footprint.
”In the immediate term, Nigeria will proudly unveil a series of innovative, clean, modern, and sustainable initiatives across diverse sectors. These initiatives are strategically designed to not only address climate change-related challenges but also to position Nigeria as an attractive destination for global investments.
”The business-friendly environment and policy frameworks we are developing underscore our readiness to welcome and facilitate investments that align with our collective commitment to a greener future for Nigeria and the African continent,” the FIRS Chairman affirmed.
Chief Ajuri Ngelale
Special Adviser to the President
(Media & Publicity)
December 2, 2023
Governor Sanwoolu Replicates Primate Ayodele’s ‘Palliative Market’ Initiative In Lagos
*Governor Sanwoolu Replicates Primate Ayodele’s ‘Palliative Market’ Initiative In Lagos*
Since Nigeria has been enmeshed in economic hardship that started after the removal of fuel subsidy last year, Primate Elijah Ayodele, a Nigerian prophet, has been practically taking several measures to alleviate Nigerians from penury through different philanthropic activities.
Long before fuel subsidy was removed, Primate Ayodele has always dedicated the first Sunday of every month for ‘food service’, a service where everyone would go home with packs of food items like Rice, Beans, Garri, crates of eggs, tubers of yam, and a token.
Immediately fuel subsidy was removed, Primate Ayodele doubled his effort by making food service almost every Sunday. He understood the effect of the fuel subsidy removal on Nigerians and as an influential personality in the country, he effectively played the role of a succor provider for the people.
As time went on, the federal government announced that it will release some funds for palliatives in order to reduce the impact of fuel subsidy removal which has turned out to become a full blown economic hardship. When the government came up with this idea, Primate Ayodele knocked down the idea and said it would be another means to embezzle funds because it won’t get to the right people.
These were his words,
’’The N8,000 palliative is corruption, I see nothing in the palliative and it will not reach out to the poor masses. Despite the fact that Mr President has signed it, it will not make any impact. The governors will use it for their selfish needs. The poor will not enjoy it at all.’’
‘’It will not be a blessing to the majority, the palliative is just a waste of time and energy, it cannot work for its purpose,’’
Ever since, Primate Ayodele proposed in his heart to teach the government how to effectively organize a palliative that will impact the people directly. Instead of merely talking, Primate Ayodele went ahead to organize a ‘palliative market’ where he sold food items for ridiculous prices.
The idea behind this palliative market was to purchase items at the exorbitant prices they are being sold for and sell to the people at cheap prices. The first edition which was held in November 2023 saw a bag of rice sold for less than N5,000. There were other items like beans, indomie, tubers of yam, garri, groceries, turkey, groundut oil sold for very ridiculous prices and this wasn’t opened to church members alone, people from distant places benefited from this initiative.
As if that wasn’t enough, again on Wednesday,14th Of February 2024 to celebrate his annual thanksgiving programme, Primate Ayodele held another edition of palliative market and sold a full bag of rice for N20,000. There were also different food items bought at exorbitant prices by the man of God and sold to the people at cheap prices.
While speaking at the palliative market, Primate Ayodele called on state governors to replicate the same palliative market initiative in their various states because of the economic hardship in the country. He explained that affordability of food will go a long way in reducing the impact of the hardship on citizens.
In response to Primate Ayodele’s actions and calls, it appears Lagos state government has keyed into the palliative market initiative with the announcement of Governor Babajide Sanwoolu on Thursday morning during a live interview session.
Given the rising cost of food and other staples, Mr Sanwo-Olu expressed the state government’s resolve to open more markets where residents can buy food items at discounted rates.
Specifically, the governor disclosed that plans have been concluded to open Sunday Markets in at least 42 identified markets across the state where residents will be able to buy food items at discounted price. “You will only be able to buy items worth up to N25,000,”
This is no doubt a welcome development and it vividly shows that state governments are now interested in doing the right thing for the benefit of the people. If other state governments follow suit, the impact of economic hardship would be reduced to its barest minimum.
Labour Party Candidate Accuses Former Chairman of Forgery and Electoral Sabotage in Ebonyi State
Labour Party Candidate Accuses Former Chairman of Forgery and Electoral Sabotage in Ebonyi State
Eze Oko Splendour, the Labour Party’s 2023 governorship candidate for Ebonyi State, has levelled serious allegations against the party’s former National Chairman, Julius Abure, in a statement released on Wednesday. Splendour accuses Abure of orchestrating a campaign of “criminality, deceit and manipulation” to deny him the governorship candidacy.
Following his victory in the party’s primaries, Splendour claims Abure pressured him to step down in favour of Edward Nkwegu Okereke, who had unsuccessfully contested the primaries for the All Progressives Congress (APC). When these efforts failed, Splendour alleges Abure resorted to forgery, fabricating a withdrawal letter bearing his forged signature and submitting it to the Independent National Electoral Commission (INEC) to facilitate an illegal substitution.
“I was left in utter shock when I eventually caught wind of the reprehensible actions of the former Chairman,” Splendour states in a speech he read at a press conference. He describes Abure’s actions as a “betrayal of trust” and a “brazen act of criminality” that undermines “internal party democracy, free and fair elections, and the rule of law.”
Splendour further claims that after pursuing legal action, the Federal Criminal Investigation Department (FCID) recommended Abure’s prosecution. However, he expresses concern that the case has stalled, prompting him to appeal directly to the new Attorney General of the Federation, Lateef Fagbemi.
“The prosecution of Abure is not only a matter of justice but also a reaffirmation of our commitment to the principles of transparency, fairness and accountability in governance,” Splendour emphasizes. He urges Fagbemi to take swift action, highlighting the importance of holding those who attempt to manipulate elections accountable.
He concludes with a call for upholding the rule of law and ensuring no one is above it. While Abure has yet to respond to the allegations, Splendour’s accusations raise concerns about potential manipulation within the Labour Party and the integrity of electoral processes in Ebonyi State.
Also the party Governorship flag bearer in plateau state had his name removed and substituted by National Chairman, Julius Abure who allegedly forged his signature on purported letter of withdrawal.
EFCC declares Leno Adesanya, promoter of Sunrise Power, wanted
EFCC declares Leno Adesanya, promoter of Sunrise Power, wanted over ‘corrupt offer to public officers’
The Economic and Financial Crimes Commission (EFCC) has declared Leno Adesanya, the promoter of Sunrise Power and Transmission Ltd.
In a notice issued on Tuesday, the EFCC said Adesanya is wanted “in an alleged case of conspiracy and corrupt offer to public officers”.
Adesanwa was mentioned in three out of the seven-count charges preferred against Olu Agunloye, former minister of power and steel.
The EFCC is prosecuting Agunloye over the $6 billion Mambilla hydropower contract.
TheCable had reported that EFCC traced some suspicious payments made by Sunrise Power and Transmission Ltd to Agunloye’s bank accounts.
In one of the counts, the EFCC alleged that on August 10, 2019, Agunloye “corruptly received the sum of N3,600,000.00” through his Guaranty Trust Bank account no.0022530926 from Sunrise Power and Transmission Company Limited (SPTCL) and Leno Adesanya for approving the Mambilla Hydroelectric Power Station project.
Former President Olusegun Obasanjo had challenged Agunloye to tell Nigerians where he derived the authority to award a $6 billion contract to Sunrise for the Mambilla hydropower project in 2003.
Sunrise Power is in arbitration with Nigeria at the International Chamber of Commerce (ICC), Paris, France, alleging a breach of contract.
The company said it was awarded a $6 billion build, operate and transfer (BOT) contract in May 2003 by the Obasanjo administration but that the federal government repudiated the agreement.
Sunrise is asking for a compensation of $2.3 billion, claiming it had spent millions of dollars on financial and legal consultants before the contract was jettisoned.
In its defence at the arbitration, the Nigerian government is alleging fraud and corruption of public officials in the award of the contract.
The matter is similar to the P&ID case in which a UK court nullified an $11 billion award against the country for the same reasons.
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