Twenty people were killed early yesterday at Ogwule-Ankpa in Agatu Local Government Area of Benue State by suspected Fulani herdsmen. Governor Gabriel Suswam and his deputy, Steven Lawani, yesterday visited some internally displaced persons (IDPs) affected by previous attacks. The governor assured the people of tighten security so that those who fled their homes because of incessant attacks could return. A source, who spoke in confidence, told our reporter that most of the victims were killed on their beds between 4am and 5am. It was learnt that several people sustained gunshot injuries while the homes and household items worth millions of naira were destroyed during the attack.
At the weekend, the Federation Account Allocation Committee (FAAC) disbursed N1.196 trillion to the three tiers of government for August and September.
“I don’t know if the Federal Government is broke, but I know there is a serious financial crisis and it is unprecedented in the history of this country. That, for the first time since 1999, allocations can no longer come as and when due to states is shocking.” With these words, Governor Adams Oshiomhole of Edo State painted a gloomy picture of the nation’s financial situation. He added: “I have been involved in trying to understand what the reasons are and I have not seen anything yet. Two years ago, it was about the kind of money we were spending on subsidy. In no time, following series of probes and enquiries by the National Assembly and by the Presidency, they have since discovered the kind of money they stole as regards subsidy, all the people that conspired with them and I believe the EFCC is dealing with that.
The Oil and Gas Producing Communities in Nigeria yesterday called for an upward review of the derivative fund to 30 per cent. They also made a strong case for direct payment of the fund to benefitting communities. The communities also demanded for the replacement of the Niger Delta Development Commission (NDDC) and its state equivalents with the National Derivative Fund Committee and State Implementation Committee to oversee the management of the fund. These were some of the recommendations at the Southwest zone public hearing on the review of revenue allocation formula in Ibadan, the Oyo State capital. The Ondo State Chapter of the Concerned Youth Advocacy Movement of Oil and Gas Communities of Nigeria presented grim details
Onitsha Chamber of Commerce, Industry, Mines and Agriculture (ONICCIMA) yesterday at its 26th Annual General Meeting
Chairman of the Northern States Governors Forum (NSGF) and governor of Niger State, Muazu Babangida Aliyu, at the weekend said though there is a prevailing ceasefire between the Presidency and the G-7 governors, the latter have not traded off their conditions for a peaceful resolution of the Peoples Democratic Party (PDP) crisis. He spoke in Kaduna during the official commissioning of ‘Liberty Radio’. Aliyu said a ceasefire had only been declared to enable the party dialogue and see the possibility of amicable settlement of the matter. Aliyu who is one of the G-7 and a member of factional new PDP, noted that being men of honour and northerners who respect agreement, the northern governors who form the nucleus of the G-7 have accepted to honour the outcome of the September 17, 2013 meeting held at the Aso Villa with the President.
Northern leaders on Saturday in Kaduna said that the region was not afraid of the National Conference, but that it would be an avenue to galvanize people to articulate their positions for future national development. Governor of Niger state and Chairman, Northern Governors Forum, Dr. Mu’azu Bababgida Aliyu, who spoke at the official commissioning ceremony of Liberty Radio 91.7FM station, Kaduna, appealed to all Northerners to participate fully in the dialogue. He added that the Sir Ahmadu Bello Memorial Foundation was organising a committee on behalf of Northern Governors to look at some of the issues that may come up for discussion at the conference. However, civil rights activist, Malam Shehu Sani said on the occasion that the National dialogue was a waste of time and a clear diversion from the nation’s problems.
Annually, the Igbo-speaking people in Nigeria set aside 29th September to mark and commemorate the vision of its founding fathers. This year’s event took place at the Michael Okpara Square, Enugu which witnessed the presence and participation of seven states that comprises of Ohaneze Ndigbo. IFEANYI EZUGWU writes on the significance of the event while unraveling the primordial sentiments that marred the celebration.Historically, people are bounded to each other or group stemming from cultural affinity, tongue, tribe and tradition which distinguishes them from the larger society thus entrenching a deep rooted identity on them as an entity.Premised on the foregoing, the Igbo-speaking people in Nigeria came together in 1976 to establish the apex Igbo socio-cultural body, Ohaneze Ndigbo. Seven states coalesced to form the umbrella body. The sates are; Enugu, Imo, Rivers, Delta, Abia, Ebonyi and Anambra.
The Minister for Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, has expressed fears over the shutdown of the America economy, saying that it might affect Nigeria’s bond trading in the international market. She made the statement during a news conference on the outcome of the Commonwealth Ministers of Finance Meeting at the ongoing Annual Meeting of the World Bank and International Monetary fund in Washington DC, USA. Her words: “The present situation in the US creates uncertainty for developing and emerging countries and that is why we look forward to a swift resolution on the issue of a debt ceiling. “If not resolved, it could upset the market. We could see higher interest rates that will directly affect Nigeria’s bond.
How to fix Nigeria: Sanusi, CBN Governor gives recipe in Centre for Strategic and International Studies, Washington, D.C., Lecture
Cental Bank of Nigeria (CBN) Governor, Mr. Sanusi Lamido Sanusi, has stated that the solution to Nigeria’s development challenges is the fixing of the various broken value chains in the country’s economic activities. He made this assertion today while delivering a lecture at the Centre for Strategic and International Studies (CSIS), Rhode Island Avenue, Washington, D.C. USA. The event was organised by the CSIS to take advantage of the conclave of the financial community for the Annual Meetings of the Bretton Woods Institutions ? the World Bank and the International Monetary Fund (IMF). He declared that the value chains in agriculture, petroleum and power are the most basic and critical, which will transform the economy.