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Beam searchlights on FG over $3.4b COVID 19 loan, subsidy savings, CSOs Charges NASS

The National Assembly has been charged to probe the $3.4billion loan collected by the Federal Government from the International Monetary Fund (IMF), in April 2020 without proof of expenditure on anything, Coalition of Civil Society Organisations (CSOs) has charged
They also faulted unending requests for loans by the Federal Government and expeditious approvals given by the National Assembly with little or nothing to point at, as what the loans were used for.
They added that, savings made by the government from fuel subsidy removal from May last year till date, have not been accounted for by the government as Nigerians are watching and suffering .
The Nine CSOs led by the Executive Director of Civil Society Legislative Advocacy Centre (CISLAC), Auwal Musa Rafsanjani, at a media briefing, alleged that the incessant loan collections by the FG, made the debt profile of the country to hit N87.9tr mark which is equivalent to $114.3b
“The escalating debt burden has profound implications for the well – being of Nigerian citizens , and failure to act quickly could result in an additional 23million Nigerians living in poverty and 80milliion working – age citizens without a full time job by 2030.
“These concerning trends underscore the need for the National Assembly to urgently do the needful by among others, investigate the movement and spending of loans received by the Federal Government in the past and present administrations , including but not limited to the $3.4billion loan obtained from IMF as reported in the 2020 annual audited report published by the Auditor – General of the Federation .
“Stopping borrowing for recurrent expenditure ( personnel and overheads ) and dilatory capital expenditure that adds no value to economic growth, wealth creation and development.
‘Demanding accountability for petrol subsidy savings and sincerity of purpose in fulfilling the government ‘s ‘ promises of renewed hope ‘ to the millions of Nigerians who no longer have belts to tighten”.
Other CSOs represented at the media briefing by their Executive Directors, were Centre for Democracy and Development, International Budget Partnership, Paradigm Leadership Support Initiative, Oxfam, Social Action, Christian Aid, Action Aid.
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BUNKERING: Army, Tantita Security Arrest Truck Laden with Illegally Extracted Crude Oil in Delta

A joint team comprising officers of the 181 Battalion, Nigerian Army, Oleh, and personnel from Tantita Security Services Nigeria Ltd. has arrested a vacuum truck involved in illegal crude oil extraction at Well 3, Olomoro, in Isoko South Local Government Area of Delta State.
According to reports, the truck, which previously belonged to Engr. Daniel Omoyibo, also known as Damotech, was gifted to the driver, Mr. Matthew Ojomikre, who is currently being detained at the Forward Operating Base (FOB), 181 Battalion, Oleh.
Upon interrogation, the driver confessed that his company had been contracted by Heritage Energy Operational Services Ltd. to evacuate sludge from Well 3, Olomoro. However, he was unable to provide any formal approvals or documentation authorizing the activity, as was previously the norm.
Until recently, Heritage Energy Operational Services Ltd. had consistently provided crude and condensate trucking permits to officers of the Nigerian Army and Tantita Security Services Nigeria Ltd. for proper monitoring from the loading point to the discharge location.
Officers of Tantita Security Services, in collaboration with a team from Heritage and the Nigerian Army, have collected samples from the vacuum truck for laboratory testing and analysis.
The preliminary confessional statement from the driver indicates that he illegally collected crude oil from Well 3 under the pretense of evacuating sludge from the wellheads.
Authorities have reported that the same truck has previously been involved in unauthorized crude oil evacuations within the Isoko axis.
The driver, the truck, and its contents remain in custody at the 181 Battalion Base in Oleh for further interrogation and possible prosecution.
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AMMC Partners NUJ-FCT On Infrastructural Development

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UBEC plans new template for basic school fund disbursement

The Universal Basic Education Commission on Tuesday announced plans to introduce a new template for disbursing counterpart funds under the Universal Basic Education programme.
This was disclosed by the Executive Secretary of the commission, Aisha Garba, during an interactive workshop with State Universal Basic Education Boards in Abuja.
Garba explained that the Federal Government, through UBEC, had recently restructured the delivery of basic education nationwide to align with four strategic pillars aimed at improving access and quality across states and the Federal Capital Territory.
She identified the pillars as expanding access to basic education, especially for rural and underserved populations; enhancing the quality of teaching and learning nationwide; strengthening accountability and the effective use of education financing; and optimising monitoring and institutional systems for quality service delivery.
She said, “The Hope Education Project of the present administration is a performance-for-reward initiative designed to support states that judiciously utilise resources in line with these four pillars.”
She added that the new approach had made it necessary to develop fresh templates that will guide SUBEBs in preparing work plans to access UBE intervention funds under the framework of the Hope Education Project.
Also speaking at the event, UBEC’s Deputy Executive Secretary for General Services, Tunde Ajibulu, described the workshop as timely and essential.
He stressed that the realignment of basic education delivery made the introduction of the new templates crucial.
“We expect you, as implementers of basic education in your respective states, to contribute positively and help develop workable templates,” Ajibulu said.
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