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Ogun Debt Not Properly captured by Our Predecessor’

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Ogun Govt Pulls Down Distressed School Building

Ogun Debt Not Properly captured by Our Predecessor’

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The Ogun State Government has cleared the air on domestic debt owed by the State, saying the figures given to it by the immediate past administration did not capture the entire liabilities it left behind.

 

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The government said not less than N50billion in financial liabilities were not accounted for in the financial report handed over to Governor Dapo Abiodun in May 2019.

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A statement in Abeokuta on Monday by the Chief Press Secretary to Governor Abiodun, Mr Kunle Somorin said the omitted amount was financial liabilities incurred by the immediate past administration due to unpaid pensions, gratuities and outstanding staff salaries “which surprisingly were not captured in the books left behind for the new government.”

 

 

 

“We only got to know about this amount in the course of our carrying out due diligence on Ogun State finances shortly after we took over. And as a transparent government, committed to being accountable, we had to disclose this for the first time, to give a true picture of the State’s indebtedness,” the statement said, adding;

 

 

“Governor Dapo Abiodun has started paying the retirees and pensioners affected, with the first tranche of N500million paid to them last month. Every quarter the governor has promised to pay them at least N500million until everyone is paid.”

 

 

 

 

 

While noting the recent report by the Debt Management Office (DMO, on the state’s domestic debt, the statement said the omitted figures by the immediate past administration in the state had an impact on the DMO report.

 

 

 

 

 

“The increase in the 2020 total debt of the state was due to an undisclosed gratuity and staff liabilities of about N50bn not recognized in the State financial statements in May 2019 at the end of the previous administration. In order to show the complete picture of all State liabilities, the current administration booked the gratuities and staff liabilities in the financial statements of the State hence the increase,” the statement explained.

 

 

 

The statement then restated the commitment of the Governor Abiodun administration to transparency and accountability in all matters, including financial, while remaining steadfast in the completion of all projects inherited as well as those initiated by the present government.

 

 

 

 

“Residents and citizens of the State can attest to how Gov Abiodun is completing all the abandoned projects of his predecessor and commencing signature projects and roads.

 

 

 

 

“The governor has concentrated on his Building Our Future Together with special attention to Infrastructures, Health, Education and Agriculture.

 

 

 

 

“Also, the welfare and security of the people which are the primary functions of Government are equally on the front-burner”, the statement added.

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

Politics

Nigeria: The Changing Governance Story

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Nigeria: The Changing Governance Story

Today, however, Nigeria is home to the largest single-train refinery in the world, with the capacity to process 650,000 barrels of crude per day

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Nigeria: The Changing Governance Story

 

 

 

 

 

 

 

By Temitope Ajayi

 

 

 

 

 

 

 

Sahara Weekly Reports That Tracking many stories of remarkable progress currently taking place in Nigeria can be a challenging task. This is so because these important stories are lost to some who daily indulge in the cacophony of adverse reports. These negative news often dominates the headlines.

 

 

 

 

Nigeria: The Changing Governance Story

 

 

 

 

 

With a 24-hour news cycle that tends to focus mainly on distasteful narratives, several Nigerians have been made to accept the view that nothing good is happening in their country.

Those who rely on the mainstream media and social media as the only sources of news and information they consume are the worst hit by the cycle of misinformation that portrays our country as descending rapidly to the edge of the precipice. However, the reality is different: the country is making progress in leaps and bounds.

 

 

 

 

 

 

Late Swedish physician and Professor of International Health at Karolinska Institute, Hans Rosling, his son, Ola Rosling, and daughter-in-law, Anna Rosling, extensively dwell on this subject in “Factfulness: Ten Reasons We’re Wrong About the World – and Why Things Are Better Than You Think,” a book published in 2018. In the book, the authors demonstrate that most people are made to hold the wrong notion about the state of the world because the media project data, analyse trends and select stories to make people assume that things are getting worse around them. The authors assert that a majority of people view the world as poorer, less healthy, and a more dangerous place to live in than it actually is. In other words, many people believe they are living in a worse period in the history of mankind because of misinformation.

 

The same situation the Roslings describe in their book is at play in Nigeria, where individuals, interest groups, activists, analysts, self-serving politicians, and opposition elements constantly project and amplify negative stories.

It is as if we are in a race with those who can say the most horrible things about our country. Yet, we have an abundance of good stories to tell the world. We seem so numb to the good news that we are dismissive of breakthroughs and innovative trends. For instance, we downplay the significance of Dangote Petroleum Refinery and its possibilities to reflate the economy.

 

Many people forgot so soon that we had been importing petroleum products for over three decades because the state-owned refineries are moribund. Our national economy bled, and the country was in a fiscal cul-de-sac for those years as a result of subsidy payments on petroleum products.

 

Today, however, Nigeria is home to the largest single-train refinery in the world, with the capacity to process 650,000 barrels of crude per day. Cynics do not see this as a breakthrough.

 

Nigerians who are 60 years old and below started seeing modern rail infrastructure in 2016 when the All Progressives Congress-led administration of former President Muhammadu Buhari commissioned the standard gauge rail system, beginning with the Abuja-Kaduna route, later Lagos-Ibadan and then the Warri-Itakpe.

 

The national rail modernisation project is progressing with Kano-Katsina-Maradi and Kano-Kaduna standard gauge rail projects at different stages of completion. The contractor working on the rehabilitation of the Port Harcourt-Maiduguri narrow gauge recently announced the completion of the Port Harcourt-Aba section. While the Federal Government is rallying stakeholders to promote economic integration across the country, the Lagos State Government recently launched two metro rail lines -Blue and Red Rail lines – as part of the state’s elaborate master plan to build a modern and efficient megacity. Like Lagos State, there are visible signs of remarkable, quantifiable progress in several other states, including Kaduna, Kano, Akwa-Ibom, Rivers, Kebbi, Borno, Gombe, Oyo, Ekiti and Ogun, among others.

 

A few weeks ago, the President Bola Tinubu-led administration embarked on the construction of the 700 kilometres Lagos-Calabar Coastal Highway that will connect nine coastal states in another bold move to bolster economic growth further and open up the country to productive economic activities.

 

While it may be very easy for critics and other armchair analysts to ignore these developments and their significance to remaking Nigeria, there is no gainsaying that these projects and many more that are ongoing or about to be instituted across critical sectors are the core of President Tinubu’s Renewed Hope Agenda. Indeed, it is hard to process why the so-called critics and cynics can not see the Lagos-Calabar Highway project as a clear demonstration of the President’s commitment to harnessing the potential of our renascent Blue Economy.

 

Despite what is bandied by the most vociferous critics

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Wike’s Loyalist Nwanosike Leads Thugs To Disrupt PDP NEC Meeting

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Wike’s Loyalist Nwanosike Leads Thugs To Disrupt PDP NEC Meeting

 

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Samuel Nwanosike, the chairperson of Ikwerre Local Government Area of Rivers State, Thursday, reportedly led thugs to disrupt the National Executive Committee (NEC) meeting of the Peoples Democratic Party (PDP) in Abuja.

Nwanosike, who is the chairman of Ikwerre Local Government Area of Rivers State, is a loyalist of Nyesom Wike, the Minister of the Federal Capital Territory.

Among many other things, a potential sanction for Wike was expected to take the front burner at the party’s NEC meeting over allegations of anti-party activities.

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However, Nwanosike reportedly tried to force his way into the venue and came along with hoodlums. His intent, it was gathered, was to create chaos and halt resolutions by the NEC.

 

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APC Vanguard condemns purported sacking of Ganduje as attempted civilian coup …recommends full investigation

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APC Vanguard condemns purported sacking of Ganduje as attempted civilian coup ...recommends full investigation

APC Vanguard condemns purported sacking of Ganduje as attempted civilian coup
…recommends full investigation

 

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A political interest group in the All Progressives Congress (APC) has condemned the purported sacking of the National Chairman of the party, Alhaji Umar Ganduje.

The group under the umbrella of APC National Vanguard described the sacking as a political coup orchestrated by desperate individuals outside the party who are envious, and felt threatened by Ganduje’s rising profile.

It said that the attempt to sack Ganduje as the National Chairman of the APC is a direct assault on the democratic principles and what the party stands for.

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The group said: “We understand that such calls and attempt to illegally sack the chairman can only be contemplated by anti-democratic forces and those who seek the fall of the APC party.

“It is most unfortunate that they are hiding behind the façade of being democrats when in reality they abhor the very tenets of democracy, which is why they are keen on using crude tactics to cause disarray, and unsettlement within our prestigious party.

“We warn those outside the APC party who desperately want to rejoin the party to do so in the most honorable and civilized manner. Resorting to devilish, demonic, and dubious means to achieve their goals is not only unacceptable but also undermines the principles of democracy and fair play.

“It Is a clear violation of our party’s constitution and an affront to the democratic principles upon which our great nation is built. We stand firmly behind Alhaji Ganduje and affirm our unwavering support for his leadership.

“His dedication, integrity, and commitment to the ideals of the APC have been instrumental in our party’s success and growth. His Excellency, Alhaji Umar Ganduje, has been an exemplary leader within the All Progressives Congress.

“Under his leadership, the party has made significant strides in advancing its agenda, promoting good governance, and delivering on its promises to the Nigerian people. His rising profile is a testament to his dedication, hard work, and commitment to the party’s ideals.”

The group called on Governor Abba Kabir Yusuf of Kano State to call his dogs to order. It said: For those that have hired themselves out as mercenaries to threaten Nigeria’s democracy and causing strife within our noble party, you should be ready to face the sword of justice soonest.

“The governor needs to understand that oppression of the weak is the bane of Justice and Democracy in any country. We implore him to step down if he has nothing in his head other than witch-hunting, and playing divisive politics in Kano State.

“He should hand over government to a competent hands if he’s not ready to embrace following due process of justice, other than using rascality, impersonation, and manipulative tactics to fight opposition.

“We call on all members of the APC, at all levels, to rally together in support of Alhaji Umar Ganduje and to condemn this act of political sabotage.

“Our unity and solidarity are paramount in these challenging times. It is only by standing together, hand in hand, that we can overcome any attempts to divide and weaken us.

“In conclusion, we reiterate our condemnation of the purported sack of His Excellency, Alhaji Umar Ganduje, as the National Chairman of the APC. We expose the legal loophole in the alleged suspension, highlighting the fact that those who addressed the press conference are not card-carrying members of our party.

“Which in regards of this revelation makes the purported suspension null and void, and would have no any effect on the National Chairman.

“We further express our happiness at the good news that, the Ward and Local Government Executives having identified the persons involved in this unfortunate situation, have already prepared to charge them to court for impersonation and calculated attempt to embarrass and dent the image of the Party and that of the National Chairman.

“We also issue a stern warning to those outside the APC who seek to rejoin the party, urging them to do so in a manner that upholds honor, civility, and the democratic values we hold dear.”

 

APC Vanguard condemns purported sacking of Ganduje as attempted civilian coup
...recommends full investigation

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