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Nigeria @64: Makinde extends subsidised transport scheme by six months

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By Francesca Hangeior.

 

Oyo Governor Seyi Makinde has called on residents of the State to keep hope alive as Nigeria celebrates its 64th Independence Anniversary, noting that his government will continue to take decisions that serve the best interest of the people.

He spoke on Tuesday in an Independence Day address relayed on the Broadcasting Corporation of Oyo State (BCOS).

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The Governor maintained that as part of decisions to mitigate the economic challenges facing the people, he has directed an immediate change in the guarantor system for the state’s agricultural credit loan for small farmers.

According to him, instead of the requirement that allowed only civil servants to guarantee farmers seeking the loan, residents who seek to access the loan can now be guaranteed by community associations, farmers and artisanal associations.

He also declared a six-month extension for the state’s Sustainable Action for Economic Recovery (SAfER) Transport Scheme, which has seen intra-city and inter-city transportation in state government-owned Omituntun Buses subsidised by more than half, noting that he has also directed that a similar subsidy be introduced on trucks for crop transportation across the state.

These measures, the Governor said, were introduced to reaffirm his government’s commitment to making decisions that will serve the best interests of the people amid the cloudy economic times in the country.

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Makinde said: “Today, we celebrate another milestone in Nigeria’s history as we mark 64 years of nationhood. Our journey has been one of highs and lows. We have walked, crawled, run, stumbled, and risen again. We have experienced moments of pride and moments of reflection. But above all, we have demonstrated unwavering resilience.

“Here in Oyo state, you have exemplified that same resilience by supporting our administration over the past five years as we moved from accelerated development to sustainable development with a focus on moving the people of our dear state from poverty to prosperity.

“They say the darkest hour comes just before dawn. As we face these cloudy economic times, we must remember our resilient spirit. Rest assured, the sun will rise.

“As your government, we use this Independence Day celebration to reaffirm our commitment to making decisions that will serve the best interests of the good people of Oyo State.

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“This is why I have directed that guarantors for small scale loans to agripreneurs through the Agricultural Credit Corporation of Oyo State will no longer be limited to civil servants but will now include Community Development Associations (CDAs), farmers’ associations and artisans’ associations.

“We have also extended the subsidy on transportation for another six months under the Sustainable Action for Economic Recovery (SAfER) scheme. The subsidy will now also include a subsidy on trucks for evacuation of farm produce. This subsidy will be implemented through the various trader and agriculture unions.

“Now is not the time to emphasise what divides us. Rather, we must hold fast to the things that unite us—our shared identity, our culture, and our history. We must always remember who our real enemies are, so we do not turn against our friends.

“We will, as a government, continue to give strength to democratic institutions because we believe this is one of the best ways to build stronger states and nations.

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“I also want to take this opportunity to reassure you that the security of our people remains a top priority. During your celebrations, you may notice an increased security presence. Do not be alarmed—they are there to ensure your safety and guarantee a peaceful celebration.

“So, as we celebrate Nigeria at 64, let us not dwell on the difficulties of the present. Instead, let us use this period to reflect on what we can do differently, so that the future of our nation will be better than the past. Let us focus on the real hope that lies ahead.”

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BREAKING: President Tinubu Presents N47.9trn Appropriation Bill To NASS

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By Gloria Ikibah
President Bola Ahmed Tinubu in a Joint Session of the Senate and House of Representatives on Wednesday, 18 December 2024, presented the sum of N47.9 trillion as the proposed 2025 Appropriation Bill, with new borrowings of N13.0 trillion, which is 3.87 per cent of the estimated Gross Domestic Product (GDP).
The President, in his address to the National Assembly described the 2025 Budget as the “Budget of Restoration” which he said, “involves our administration’s roadmap to secure peace, prosperity and hope for our beloved nation”.
The budget of restoration according to president Tinubu, serves as the very hope of the Renewed Hope Agenda and improving the lives of Nigerians.
He said the 2025 budget is one of the reform and transformation to consolidate the key policies of the Tinubu-led administration. Reeling out the progress made he said global economic growth for Nigeria increased from the 2.6% estimated to 3.5% growth.
Naijablitznews.com recalled that the 2025-2027 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), and its fiscal parameters, adopted an “an oil price benchmark of $75 per barrel for 2025, oil production of 2.06 million barrels per day, an exchange rate of N1400 to $1, and a GDP growth of 4.6 per cent.”
President Tinubu said the 2025 budge seeks to restore micro economic stability, foster increased growth, employment, human capital development.
He explained further:
* N34.8 trillion revenue to find the budget
*. Government expenditure N47.9 trillion including N5.81 trillium for debt servicing.
* Inflation to reduce from 34.6% to 15%
* Exchange rate from N1,700 per $1 to N1500 and increase crude oil production to 2.06 million barrels per day.
*Reduce the production of petroleum products alongside importation of finished product.
According to the President, defence and security is allocated N4.91 trillion, infrastructure to get N4.06 trillion, while health gets N2.48 trillion and education N3.5 trillion.
Tinubu said the budgetary allocations are informed by the commitment of his administration to security of lives and property, infrastructural development, education and healthcare delivery.
He solicited the support of the lawmakers and Nigerians in addressing the country’s challenges, and said “the time for lamentation is over” .
“Our nation faces challenges… they are surmountable when we work collectively. The time for lamentations is over, the time to act is now…,” Tinubu said.
Details later……
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Gov Adeleke Speaks On Death Sentence For Chicken Thief

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Osun State Governor, Ademola Adeleke, has stepped in to call for immediate action in the case of Segun Olowookere, an indigene who was sentenced to death for stealing a fowl.

Recall Segun’s mother, Folashade Olowookere, emotionally shared the story of her son, who is currently imprisoned, during an interview on Nollywood actress Biola Adebayo’s YouTube podcast. The video gained significant attention, including from Governor Adeleke.

Naijablitznews reports this was contained in a statement from the Governor’s spokesperson, Olawale Rasheed, Adeleke directed a swift investigation and ordered that steps be taken for a potential pardon in Segun’s case. The Governor further instructed the Attorney General to ensure Segun is considered for the prerogative of mercy before the year ends.

The statement read, “I have reviewed the case and acknowledge the importance of the separation of powers in our democracy. In this instance, I have instructed the Commissioner for Justice to begin the process of granting mercy to this young man.

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“Osun is a state of justice and fairness. We must uphold the protection of lives and ensure equity.

“I want to assure the public that this matter is receiving my personal attention, and we are acting with urgency as a responsible government.”

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Delta Assembly pardons two suspended members

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The Delta State House of Assembly, on Tuesday, recalled two of its members that were suspended in November over alleged gross misconduct.

The News Agency of Nigeria reports that the recall was announced during plenary in Asaba by the Speaker, Mr Dennis Guwor.

Recall that the Assembly had on November 6 suspended Mr Dafe Chukudi (PDP-Ukwuani) for 14 legislative days over alleged gross misconduct, while Mr Oboro Preyor (PDP-Bomadi) was also suspended for 14 legislative days for the same offense on November 12.

“Dear colleagues, following the allegation of gross misconduct against our suspended members and subsequently, a committee on investigation headed by the Deputy Speaker, Mr Arthur Akpowowo, was set up.

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“The committee has commenced investigation. However, the 14 days that they were suspended has elapsed. And by the confidence you all reposed in me as the Speaker of the state House of Assembly, and now that the 14 days of their suspension has elapsed, there is need to recall Mr Dafe Chukudi and Mr Oboro Preyor to resume their duties as members going forward.

“The suspended members are hereby recalled pending on the outcome of their investigative committee.”

Meanwhile, the Deputy Speaker, Mr Arthur Akpowowo, expressed joy over the recall of the lawmakers, saying, “I am very happy that we have lifted their suspension.

“The Speaker has recalled them so that they can celebrate the Christmas with joy and even enter the New Year with some relief of happiness. For me, this is a party gift for me even though I’m not affected.”

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