News
Edo: APC tackles Obaseki over N11.3bn loan
The Edo State chapter of the All Progressives Congress (APC) has criticised the state government over the N11.3 billion recently approved for it by the state house of assembly
DAILY POST reports that the Edo State House of Assembly had on Monday approved the sum of N11.3 billion loan for the state government.
The approved loans, according to the State Governor, Godwin Obaseki, is for agricultural palliative and contractor, finance and bank guarantee loan, and are to be sourced from First Bank of Nigeria.
He gave the breakdown of the loan as N2.2 billion for agricultural palliatives, with a repayment plan of N94.3 million for a period of 24 months (two years).
He added that the N9.1billion is for contractor, finance and bank guarantee loan was for the construction of some housing units in Asokoro, Abuja.
He also added that the approval was for the procurement of 50 CNG buses for the Edo City Transport Services (ECTS) and construction of roads, and drainages in the new Coral city in Benin among others.
The loans are to be sourced from First Bank of Nigeria
Reacting to the approval of the loan, the state chapter of the party at a press briefing on Friday, described the loan as needless and one that will plunge the state into financial distress.
The State Acting Chairman of APC, Jarrett Tenebe, who briefed newsmen, alleged that the state already has a debt profile of between N135 billion and $36.6 billion dollars.
Tenebe opined that it was the design of the Governor Obaseki-led government to leave the state in ruins by requesting for a loan facility of N17.5 billion.
He also alleged that the state government deceived the people of the state for the request for N9 billion, whereas in actual fact, it was N17.5 billion.
“It is most disheartening that the Edo State Government is now requesting for a loan facility of N17.5 billion with no corollary of project attached to the said loan.
“Also, the facility is not attached as loan to be taken in the 2024 fiscal budget just recently passed by the House of Assembly. A cursory perusal of the entire budget does not reveal where the project for the facility is ever captured,” he said.
He further alleged that the lawmakers were recalled from recess by the speaker of the house for the immediate approval of N9billion loan, but after the opposition lawmakers questioned the rationale for the loan, it, was, however, discovered that the facility was not even N9 billion but a figure wrapped in secrecy as much as N17.5 billion.
He alleged that opposition lawmakers, however, rejected and refused to be part of the approval.
Tenebe, however, alleged that the state government has designed the loan as conduit to take the state money to prosecute the forthcoming governorship election.
News
Suspected kidnappers abducts 10 travellers in Ondo
No fewer than 10 passengers have been abducted by gunmen along the Owo-Benin highway in Ose Local Government Area of Ondo State.
The gunmen reportedly attacked the commercial bus the passengers were travelling in after which they were marched into the bush.
It was gathered that the passengers were on their way from Akwa Ibom to Akure when the incident happened.
One of the sources, who craved anonymity, disclosed that the driver of the space bus had initially thought that the gunmen were security operatives but realised that they were criminals when they shot sporadically into the air.
” They were kidnapped on the Owo-Ipele road on Saturday morning at about 12 am. Their vehicles were stopped, and they were dragged into the bush to an unknown destination.
“The hoodlums ambushed them and whisked all the occupants of the vehicle into the bush. All the occupants of the vehicle were abducted and nobody heard anything about them since then.
However, the police image maker in the state, Funmilayo Odunlami, however, stated only seven people were kidnapped.
“The police received information that a vehicle was attacked along the Owo/Ifon road, and seven people were suspected to have been abducted.
“Seven travellers were involved; they were coming from Akwa Ibom State in a commercial bus. Our men are already making efforts to rescue the victims from the kidnappers and arrest the perpetrators.”
News
Banditry: End insecurity by 2025 ending – Tinubu gives military marching orders
President Bola Tinubu has issued marching orders to the military to end banditry and general insecurity by the end of 2025.
This was disclosed by the Minister of Defence, Abubakar Badaru, in a viral video.
Following Tinubu’s order, Badaru said the military will continue its onslaught against bandits and all forms of criminalities.
The Minister said bandits are currently on the run and that the military won’t stop until they are all flushed out.
According to Badaru: “The bandits are now on the run, but the military will not rest until we end this thing. The president has given us marching orders to end insecurity in every part of our country by the end of this year.
“The Chief of Defence Staff, NSA are working day and night to actualize that target, as you have seen we are putting pressure on all the theatre operations.
“And indeed, mining activities have been lifted in Zamfara already and this is part of the reason we are meeting today to look at all areas where we have serious security issues and how best we can secure those areas.”
News
50% telecom tariff hike: NATCOMS backs decision as NLC bows to FG’s pressure
The Nigeria Labour Congress bowed to pressure to halt its planned Tuesday nationwide protest against the 50 percent telecommunication tariff hike.
Also, the National Association of Telecoms Subscribers backed the decision by the organized Labour.
Gatekeeper reports that the NLC signed a Memorandum of Understanding with the Federal Government after a meeting with the Secretary to the Government of the Federation on Monday night.
In the MoU signed by the SGF, Senator George Akume, NLC president Joe Ajaero, and the Minister of Labour and Employment, Muhammadu Dingyadi, and the National Secretary of NLC, Emmanuel Ugboaja, both parties agreed to set up a technical committee to resolve gray areas in the 50 percent telecom tariff approval.
However, NLC reiterated its rejection of the tariff hike.
“Arising from the meeting convened by the Federal Government of Nigeria on the proposed 50% hike in telecommunications tariffs in the country, which the Nigeria Labour Congress (NLC) expressed strong opposition to, citing its potential negative impact on the Nigerian workers and the economy with a threat to proceed on a one-day nationwide mass protest, the following resolutions were reached: That there is a need for the parties to sit together in a technical group to resolve most of the thorny areas raised during the discussion; consequently, a 10-man joint committee was set up of five (5) representatives each from the Federal Government and the Nigeria Labour Congress (NLC); and the committee shall conclude and submit its deliberations within two (2) weeks from this 3rd day of February, 2025.
“The parties call on the Nigerian people to remain calm while this committee concludes its assignment,” the communique after the meeting stated.
Earlier, a civic society organisation known as the National Civil Society Council of Nigeria, NCSCN, had announced the suspension of its planned protest against the 50 percent tariff hike.
Recall that last week, NLC announced Tuesday, 4th February, 2025, as a date for a one-day mass protest against the telecom tariff hike.
In a notice last Thursday by NLC National Secretary, Emmanuel Ugboaja, the union had already asked the state congress and affiliate union to mobilise for Tuesday’s mass protest.
This comes after the Nigerian Communications Commission on January 2025 approved a 50 percent telecommunications tariff hike for operators.
The approval has sparked tariff hike controversy in Nigeria’s telecom sector.
NLC and other telecom subscribers had opposed the tariff implementation, citing the persistent economic hardship Nigerians already face.
Subscribers back nationwide protest suspension.
DAILYPOST
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