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Otti signs law stripping former Abia governors, deputies of pensions

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Abia State governor, Alex Otti, has assented to the Abia State of Nigeria Governors and Deputy Governors Pension Repeal Law of 2024 recently passed by the Abia State House of Assembly.

Assenting to the bill, the governor who explained that the bill is an executive bill, thanked the State House of Assembly for expeditiously passing the bill and assured the House of the maximum support of his administration.

He said it was his belief from the onset that government was not going to continue with the practice of paying pensions to former governors and deputy governors in the state as the money would have been better used in offsetting the backlog of pensions owed Abia retired workers since 2014.

“I want to make a few things clear, one that even before we came onboard a lot of people who had followed our views understood that we were not going to continue with the practice of paying pensions and allowances to this set of former government officials. A lot of people had confronted me to remind me that very soon I will also be a former governor and I agree, ” Otti said.

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While stressing that government is not about self-interest, the governor said he believed that repealing the pensions for governors and deputy governors was the right step to take as it is all about good governance and stewardship.

“It’s all about good governance. It’s all about stewardship to our people and I strongly believe that any leader who believes that leadership is a business has lost his way.

As far as I am concerned, leadership is stewardship and if you now want to take up all the resources that belong to the people you are leading, I’m not sure that is morally correct,” Gov Otti stated.

According to him: “Government is not about self-interest and it’s actually self-interest that destroys government, and if you accuse me of belonging to a class, I would readily admit, but add that I have happily committed class suicide because I would have benefitted if this law had continued.

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But we all know that it’s not the best for the country, for this state, for the workers who were hitherto owed for months, and for pensioners who we are still struggling to defray several months and years of arrears from 2014. It’s more appropriate for us to use the funds that would have been used to pay former elected political office holders.”

Otti appreciated the House for the cordial relationship existing between it and the executive arm of government which according to him is built on trust, respect and understanding that they are working for the common good of the people.

Presenting the bill for his assent earlier, the Speaker of the Abia State House of Assembly, Emmanuel Emereuwa, represented by the Deputy Speaker, Austin Meregini, said the bill repeals Law No. 4 of 2001 which empowers the state government to pay pensions to governors and deputy governors in the state.

He thanked the governor for working harmoniously with the State House of Assembly.

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TRENDING VIDEO: At midnight, work still ongoing in FCT, Wike fast transforming the narrative of governance

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Action packed FCT minister, Nyesom Wike is fast transforming the narrative of governance as captured in a trending video online.

In the video, work was still ongoing at 12midnight to meet up with the FCT Minister’s deadline.

Recall Wike was dubbed Mr Projects because of the massive projects he embarked upon in his home state, Rivers State.

He bagged the award of the most consistent governor in projects facilitation across Nigeria and earned himself an award as Mr Projects of Nigeria.

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Wike is fast transforming the capital city into a haven of modern day road networks like we have in civilsed climes.

He has even embarked on projects in no go areas of Abuja Satellite towns like Bwari, Karishi, Kubwa and others.

In the video comedian Gana aptly captured men and foreigners working in one of the major roads in Abuja.

The comedian explained in pidgin English that “see pipu dey work by 12midnight till early hours of the day.

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“Na so e suppose be as dem dey do for abroad wia pipu dey work for night to avoid traffic.

“Leader na leader any day anytime who say Wike no de work make una come see follow mi.

In the video caterpillars and other heavy equipment were sighted working.

On assumption last year, within 100 days in office Wike turned major areas of Abuja city into a massive construction yard.

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From Asokoro to Maitama, Zone E, Kado and hinterlands have one project or the other ongoing and some wrapped up.

Watch video below:

 

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Nigerian government secures €300m development finance deal with France

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The Nigerian government has announced that it has secured a €300 million worth of development financing partnership with the French government.

Nigeria’s Ministry of Finance disclosed in a statement on Friday through its official X account.

According to the statement, the Minister of Finance, Wale Edun, led the Nigerian government to the partnership with the French government.

The ministry noted that the partnership will strengthen key sectors of Nigeria’s economy and drive sustainable development, including healthcare, transportation, agricultural value chains, and renewable energy.

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“The Letter of Intent [was] co-signed by Mr. Edun and France’s Minister of Economy, Finance, and Industry, Mr. Antoine Armand.”

In Edun’s remarks, he said: “This partnership goes beyond financial support. It is about building robust, sustainable systems that foster development and empower Nigerians. It reflects the confidence of international partners in the progress of Nigeria’s economic reforms.”

President Bola Ahmed Tinubu and his wife, Remi, are in France for an official state visit.

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P’Harcourt refinery halts operations, loading bay empty

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The fanfare that greeted the resumption of activities at the Port Harcourt Refining Company on Tuesday may have melted away leaving the hope and expectations of many Nigerians hanging.

A visit by Saturday PUNCH to the refinery on Friday revealed that there was no activity on site, as some workers met by our correspondent claimed that the refinery was undergoing calibration which might last till next week.

The Port Harcourt Refinery has faced numerous delays and missed deadlines to resume operations.

However, the Group Chief Executive Officer of the Nigeria National Petroleum Company Limited, Melee Kyari, inaugurated the new plant at the Area 5 terminal of the refinery on Tuesday. It was claimed that 200 petrol trucks were loading daily from the plant.

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However, the announcement was met with skepticism as reports circulated that the trucks were loaded with old products in the storage tanks.

Upon visiting the Port Harcourt Refinery Area 5, our correspondent observed no signs of activity.

An official, who spoke on condition of anonymity, revealed that the loaded trucks contained “dead stock”.

He said, “Before the refinery was shut down between 2015/2016, we had dead stock left in the tank, including some Premium Motor Spirit (petrol) DPK (kerosene), and Automated Gas Oil (diesel).

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“So, these products were in large quantities in stores in those tanks. During the rehabilitation of the Port Harcourt Refinery, Old Area 5, those products were evacuated from the tanks for storage.”

However, he noted that the large quantity of refined petrol was “off-spec,” requiring separation from water to obtain the main product in preferred colours.

“But for DPK, it is in large quantity but they have not pushed it from the tank where it was kept after refined ready for commercial purposes.

“So, the product that was loaded was dead stock, that is the old product that was in the system. So, after these dead stocks, they will have to clean the tank, remove all the debris before pumping the new project into that tank, and redye it,” the source said.

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The worker highlighted that refineries worldwide should operate electronically, not manually.

“But what they are trying to do at the Port Harcourt Refinery is manual, which cannot match the new digital pumps. Most of the pumps used for the event were refurbished,” he added.

He explained that during Kyari’s visit on Tuesday, seven trucks were prepared for loading, but only five were filled with petrol.

The Chairman of the Independent Petroleum Marketers Association of Nigeria, Taken Ikpaki, while speaking to journalists during the inauguration of the facility on Tuesday, had expressed optimism.

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He stated that more trucks were expected to come into the facility to load products in the coming days.

But rather than more trucks coming into the refinery, the number of trucks has dwindled.

Around 1.30pm when our correspondent visited, he observed that most workers and drivers appeared idle as no machinery was operational.

Nine trucks were seen parked, but the loading bay, numbered from one to 18, was empty and deserted, with some workers lying down.

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When asked about the lack of loading activity, a worker in overalls said, “They are de-watering, removing the water under the PMS. Maybe there will be loading after that, but we don’t know what time today.”

Another worker at the loading bay mentioned that ongoing calibration was the reason for the delay.

“They are calibrating the meters,” he said tersely.

Findings by Saturday PUNCH showed that the PMS left in the storage might not be enough to fill five trucks.

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A source indicated that calibration would continue until Monday, with the loading of DPK (kerosene) and AGO (diesel) expected to start by then.

Speaking to our correspondent, a resident of Alode in Eleme Local Government Area of Rivers State, who simply identified himself as Osaro, said, “After that ceremony with Mele Kyari where they said the refinery had started operation and loading was taking place, what happened afterwards? They continued loading on air, that is on the pages of newspapers and social media.”

When contacted for his reaction on the lack of activities on Friday, the National Public Relations Officer of the Petroleum Product Retail Outlet Owners Association of Nigeria, Dr Joseph Obelle, said it was as a result of ongoing calibration.

Obelle, the PETROAN spokesman, said, “They are calibrating the loading pumps. They will be done today.”

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Meanwhile, it was gathered that the Senate Committee on Petroleum visited the refinery on Thursday on a facility tour. The outcome of the visit had yet to be made public.

Calls and text messages to the spokesperson for the NNPC, Olufemi Soneye, were not replied as of the time of filing this report.

But the NNPC had in a statement denied claims by an Alesa community leader, Timothy Mgbere, that the Port Harcourt refinery was not producing fuel.

Soneye accused Mgbere of crass ignorance of how a refinery runs.

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He said, “The old and new Port Harcourt refineries have since been integrated with one single terminal for product load-out. They share common utilities like power and storage tanks. This means that storage tanks and loading gantry which he claimed belongs to the new Port-Harcourt Refinery can also receive products from the Old Port Harcourt Refinery.”

He called on the public to disregard claims borne out of “sheer mischief and blatant display of ignorance.”

Credit: PUNCH

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