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N180bn Virement Funds: Senate approves over N214bn for Buhari

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Contrary to opinions in some quarters that the Senate would not approve the N180bn request by President Muhammadu Buhari for the virement of funds appropriated in the 2016 Appropriation Act; the upper legislative chamber on Tuesday dazzled Nigerians by not only approving the said amount; but also increased the virement to the tune of N213,821,671,494.

The Senate also approved additional request of N300m appropriated in the 2016 Budget under the Transmission Company of Nigeria (TCN) for the construction of 132 KVA substation at Gwaram, Jigawa state.

President Muhammadu Buhari had about a month ago written to the National Assembly, requesting that a total of N180bn be approved as virement of funds appropriated in the 2016 Appropriation Act; to attend to some critical capital and recurrent expenditures.

The Senate considered the request and referred it to its committee on Appropriations for further legislative action on Wednesday 16th November 2016.

Presenting the report on Tuesday, the Chairman, Committee on Appropriations, Senator Danjuma Goje (Gombe Central) said, “the committee met with its House counterpart and deliberated on the course of action in order to abridge time. And also jointly had an interactive meeting with the affected MDAs on the virement, that is, the source of the funds and the expenditure MDAs in the Budget to clarify the need for the virement.”?

To justify the rationale behind approving far above the requested sum, Senator Goje said, “the affected MDAs justified the need for intervention in their respective Agencies and some also made the point that the amount proposed in the request was inadequate to meet the observed shortfall required to carry out their mandate and financial obligations”.

“In the course of the interaction with the MDAs, the committee observed that there are other areas of critical need that are capable of stimulating the economy which additional funds can still be provided with monies vired from the Special Intervention Programme,” he added.

A critical analysis of the report of the Committee shows that the Senate approved the sum of N167,113,304,018 for recurrent expenditures as against the N165,430,886,954 requested for in Buhari’s letter.

The committee also approved the sum of N2,500,000,000 as Statutory Transfer in the Public Complaints Commission (PCC) salary shortfall, instead of N1,200,000,000 requested by the President.

Another look at the report shows that President Buhari requested for the sum of N14,208,367,476 as capital expenditure for Nigerian Air Force (NAF) and Presidential Initiative for the North East (PINE); whereas, the Senate approved the sum of N39,208,367,476.

Though there were divergent of opinions, especially from the opposition members of the Senate on the propriety or otherwise of the recommendations of the committee, majority of the Senators present gave a voice votes in support, thereby adopting the report of the Committee and approved a total sum of N213,821,671,494, in addition to N300m as virement of funds for President Buhari.

 

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“If You Don’t Like the Life You’re Living, Change It” By Prudent Ludidi

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Prudent Ludidi on Consequences of Unhealed Emotional Pain and Trauma

“If You Don’t Like the Life You’re Living, Change It” By Prudent Ludidi

 

Let’s talk about a simple yet powerful truth, if you don’t like the life you’re living, change it.

These five words hold the key to unlocking a happy and fulfilled life.

But how often do we forget that we have the power to create the life we want?

We get stuck in routines, relationships, and careers that drain our energy and dull our spark. We convince ourselves that this is just the way life is supposed to be. That we’re supposed to struggle, stress, and settle. But I’m here to tell you that’s not true. You have the power to change your life.

Think about it. You wake up every morning with a choice. A choice to stay in bed or get up and start anew. A choice to complain about your circumstances or take action to change them. A choice to let fear hold you back or push past it and take a leap of faith.

But change can be scary. It’s uncomfortable. It’s uncertain. And that’s exactly why most people don’t do it. They’d rather stick with what they know, even if it’s not working, than risk the unknown. But I ask you, what’s the cost of staying stuck? What’s the cost of living a life that doesn’t align with your values, passions, and dreams?

The truth is, you have the power to create the life you want. You have the power to pursue your passions, nurture meaningful relationships, and live a life that truly reflects who you are. So, what’s holding you back? Is it fear? Doubt? Comfort? Whatever it is, let me tell you, it’s not worth it.

You deserve to live a life that makes you feel alive. A life that makes you feel proud. A life that makes you feel fulfilled. So, take the first step today. Take a deep breath, let go of your fears, and start creating the life you want.

Start small. Make one change. Take one risk. Have one conversation. And watch how your life begins to shift. Watch how your confidence grows. Watch how your happiness increases.

Remember, if you don’t like the life you’re living, change it. You have the power. You have the strength. And you have the resilience. So, go out there and create the life you deserve!

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Star Entertainers Set for Angel Global Promotions ‘Our Night of Heritage’ Show in UK Nov 29

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Star Entertainers Set for Angel Global Promotions ‘Our Night of Heritage’ Show in UK Nov 29

London city will be agog on Friday, 29th of November 2024, as A-List Nigerian entertainers stage performance at this year’s edition of ‘Our Night of Heritage’ (Ale Asa Wa) show.

 

Aimed at recognizing outstanding achievements in concerts, shows, and cultural events, the event which promises to be a talk-of-the-town, will be held at LOG Hall Abbey Quilting Selinas Lane, Dagenham, RM8 1ES, London SE16 2BD, United Kingdom.

 

 

According to Princess Adetutu Jakande, the chief organizer of Ale Asa Wa and CEO of Angel Global Promotions UK, the 5th edition of the AfriCulture tradition and entertainment awards event serves as a platform for celebrating African culture and entertainment while highlighting the exceptional talents of individuals who have contributed to the growth and development of the industry.

 

 

An array of entertainment performers have been lined up to give the night the touch of glamour and class while the event streams live in the media across the globe. They include Gospel star, Biyi Samuel; Alhaji Lateef a.k.a. Student Fuji; Kemi Alayo a.k.a. Idi Ope; Poly Mr Correct; Ekundayo Mr Manna; Alhaji Wasiu Adekunle Classical Fuji; MC Loko a.k.a. Omo Woli; Omoba Ademola a.k.a. Demo Performer, and a whole lots of other stars and side attractions.

 

 

With 30 Pounds entry fee, the organizers have announced that Ankara fabrics are available for smooth access to the event venue and numbers to call are +44745382120, +447960892460, +447308779733. Seasoned Nollywood actor, Kunle Afod, will feature as special guest artiste.

 

 

According to the organizers, there will also be presentation of awards where selected individuals will be recognized for their impactful contributions to the entertainment industry.

Star Entertainers Set for Angel Global Promotions 'Our Night of Heritage' Show in UK Nov 29

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Oil Cabals crippled Govt Refineries, now working against Dangote Refinery – Pastor Adeboye

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How Prophet Kingsley Predicted The Rumble In Pastor Adeboye Led RCCG

Oil Cabals crippled Govt Refineries, now working against Dangote Refinery – Pastor Adeboye

 

The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has urged Nigerians to pray for divine intervention in the face of efforts by unscrupulous oil marketers to thwart the operations of the Dangote Petroleum Refinery, following the previous sabotage of Nigeria’s four state-owned refineries.

The respected clergyman made the call for nationwide prayers during the November 2024 Abuja Special Holy Ghost Service themed ‘Total Restoration’, which held in the capital city. While Adeboye did not explicitly name the Dangote Petroleum Refinery, his remarks echoed the ongoing attempts by oil marketers to prevent the refinery from functioning as it was designed to.

The Dangote Refinery based in Ibeju-Lekki, Lagos is the only facility currently refining petrol in Nigeria, and Adeboye’s comments reflected the dispute between the refinery and oil marketers, who seek to continue importing fuel for personal gain.

Pastor Adeboye reminded the congregation that it was God who raised Aliko Dangote to establish a refinery after years of failed attempts to revive Nigeria’s four public refineries, which had consumed billions of Naira with little result. He questioned the persistence of fuel imports despite Nigeria’s status as a major crude oil producer.

“Are we under a curse?” he asked. “We have four refineries, we poured all kinds of money into them, none of them is working. But God raised someone to build a refinery that works. He is not my relative, he is not from my village. He is not even a Christian, but he is a Nigerian who says, ‘Why should my people suffer when I have the means to build a refinery that can work?’ Now he is refining petrol, and some people want to stop him from selling it, so they can keep importing.”

Adeboye also pointed out the damage caused by the fuel subsidy, describing it as a significant drain on Nigeria’s resources, contributing to the country’s mounting debts and corruption. He stressed that when President Bola Ahmed Tinubu announced the end of the subsidy in 2023, Nigerians largely welcomed the decision, but oil marketers, who benefitted from the subsidy regime, were furious.

These marketers, the renowned pastor claimed, have formed alliances with some International Oil Companies (IOCs) and other powerful interests to obstruct the Dangote Petroleum Refinery. This includes restricting access to crude oil, forcing Dangote to import crude from countries like the United States, among others.

He called for prayer for the total restoration of the country, noting that the Nigerian people are suffering the consequences, as the prices of essential goods have soared, pushing many items beyond the reach of ordinary citizens. “The masses are the ones suffering because these marketers, who are bent on keeping imports alive, already have more money than they can ever spend,” he said.

Despite the Dangote Petroleum Refinery’s capacity to meet Nigeria’s entire demand for petroleum products – and even to export surplus fuel – oil marketers continue to pressurise the government to allow ongoing petrol imports. This has placed additional strain on the Naira, which has continued to depreciate.

Recently, the Crude Oil Refineries Owners Association of Nigeria (CORAN) urged the government to protect local refineries from unfair competition posed by importers and international petroleum traders, in line with provisions in the Petroleum Industry Act (PIA).

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