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Reps Summon Ministers of Agriculture, Science, Budget, Union Bank Over $2bn Renewable Energy Grants
By Gloria Ikibah
The House of Representatives has summoned the Ministers of Agriculture and Food Security, Abubakar Kyari, Science, Technology and Innovation, Uche Nnaji and Budget and Economic Planning, Atiku Bagudu to appear before its committee on Renewable Energy, on Wednesday November 6, 2024,
This was the resolution of the House Committee at an investigative hearing on the utilisation of “$2bn investment and grants for the development of renewable energy sources in Nigeria from 2015 till date”, on Tuesday at the National Assembly Complex in Abuja.
Chairman of the Committee, Rep. Afam Ogene, member representing Ogbaru Federal Constituency of Anambra State, lamented that despite the huge grants and investment in the sector, power supply in the country has continued to worsen.
Naijablitznews.com reports that investigative hearing scheduled for Tuesday and Wednesday, was sequel to the mandate given to the Committee on June 6, 2024, to investigate Ministries, Departments, and Agencies involved in investments, procurement, and receipt of grants for renewable energy sector development.
At the commencement of the investigative hearing on Tuesday, none of the Ministers were honoured the invitation of the committee but sent representatives who were sent back by the commitee.
Rep. Ogene who expressed displeasure at the turnout, urged the concerned Ministers and other government officials to appear before the Committee unfailingly on Wednesday.
He said, “Let me state this again that Section 81 (1) of the Constitution of the Federal Republic of Nigeria (As amended) provides that ‘Each House of the National Assembly shall have power by resolution published in its journal or in the official Gazette of the Government of the Federation to direct an investigation into any matter or thing with respect to which it has the power to make laws.
“This power includes probing into the conduct of affairs of any person, authourity, Ministry or government department charged, or intended to be charged, with the duty of or responsibility for executing or administering monies appropriated or to be appropriated by the National Assembly.”
At the commencement of the hearing, Ogene called on the Budget and Economic Planning to appear before the committee to make his presentation, but a Director in the Ministry, Felix Okonkwo appeared on behalf of the Minister.
When asked if he had the mandate of the Minister to speak, Okonkwo said, “I can take some responsibilities but not all.”
Not pleased with the remark, Ogene asked him to go back and inform his principal to physically appear on Wednesday.
“Tell your Minister to appear before this Committee on Wednesday. It is not meant to witch-hunt anybody. A situation where invitations are sent about three times to heads of MDAs and they would still not appear to make their presentations is not acceptable,” he said.
The story was no different when Deputy Director of the Ministry of Science and Technology, Suleiman Abubakar represented the Minister.
Asked if he was asked to speak for the Minister, Suleiman said his directorate mandated him to attend the investigative hearing.
In his ruling the Committee Chairman said, “You have no locus to stand in for the Minister. He should appear in person on Wednesday. We wrote to the Minister, not a directorate.”
Also expected at the investigative hearing on Wednesday are the Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, Office of the Accountant General of the Federation, Union Bank of Nigeria, Niger Delta Power Holding Company and Union Bank of Nigeria Plc.
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News
Lagos Youths Condemn Attacks on Seyi Tinubu By Faceless Groups
By Gloria Ikibah
A group under the auspices of Coalition of Lagos Indigenous Youth (CLYI), has disassociated itself from recent media publications aimed at discrediting Mr. Seyi Tinubu, the son of President Bola Tinubu.
Coordinator of the group, Hon. Tunde Azeez in a strongly-worded statement issued on Tuesday, described the allegations as baseless and perpetrated by faceless individuals seeking to tarnish Mr. Tinubu’s reputation.
The coalition clarified that the controversial post circulating on social media, purportedly made by its members, is fraudulent.
“We wish to categorically state that the earlier post did not originate from the members or executives of the Coalition of Lagos Indigenous Youth,” Azeez asserted.
Describing Mr. Tinubu as a “proud and industrious son of Lagos,” the coalition pledged unwavering support for him, and noted his significant contributions to youth empowerment and development in Lagos.
The group further expressed its readiness to support Mr. Tinubu should he decide to declare interest in the governorship of Lagos State, although they clarified that he has not engaged in political discussions with any group or individual regarding such aspirations.
“Seyi Tinubu is one of us, Lagos is home and will remain home for him, not just as an indigene but also as a critical player dedicated to helping young people.” ,” the statement emphasized.
The group further directed a stern warning to the faceless individuals behind the defamatory campaign, particularly one Ibrahim Whyte, whom they accused of impersonating the coalition.
“We strongly caution Ibrahim Whyte and his cohorts to desist from blackmailing Mr. Seyi Tinubu while falsely impersonating our group,” it added.
The coalition vowed to explore legal options to protect its integrity and that of Mr. Tinubu, should the defamation persist.
CYLI, concluded by urging Lagosians to disregard the misleading narratives and focus on fostering unity and development in the state.
News
House Approves President Tinubu’s N1.767trn Loan Request
By Gloria Ikibah
The House of Representatives has granted approval for the implementation of the new external borrowing of N1,767, 610, 321, 779.00 (USD 2.209B).
The approval was sequel to the adoption of the recommendations of the House Committee on Aids, Loans and Debt Management Chaired by Rep. Abubakar Nalaraba, and presented at the Committee of the Whole on Thursday.
Presenting the report, the Committee Chairman, Rep. Nalaraba said the committee met and made the following recommendations, which he entreated the House to approve.
He said: “Approve the implementation of the New External Borrowing of one trillion, seven hundred and sixty seven billion, six hundred and ten million, three hundred twenty-one thousand, seven hundred and seventy-nine Naira (₦1,767, 610,321,779.00) (equivalent of USD2, 209, 512, 902. 22b) at the Budget
Exchange rate of USD1.00/800 in the 2024 Appropriation Act and that the amount should be raised from one or more sources. Namely; issuance of Eurobonds in the ICM, Issuance of debut sovereign Sukuk in the ICM, Bridge/syndicated loans, subject to market conditions;
“That based on availability and cost, to issue Eurobonds in the sum of USD1.70 billion or more, but not more than USD2,209,512,902,.22b, approved as New External Borrowing in the 2024 Act;
“Given the significant increase in the official exchange rate from USD1.00/₦800 to approximately ₦1,640, it is recommended that the exchange rate excess resulting from this adjustment be exclusively utilised for implementation of capital projects in 2024, to ensure that additional funds are
directed to impactful infrastructure & developmental projects that will contribute to the Nation’s long term growth and stability;
“Approve the Promissory Note Programme and Bond Issuance to settle outstanding claims and liabilities of the federal government. This approval prioritizes the issuance of Promissory Notes to address outstanding reimbursement debts owed to States, high-priority judgment debts, and other liabilities incurred by Federal Ministries, Departments, and Agencies. This measure is critical to preventing additional interest costs, mitigating further increases in the Federal Government’s debt profile, and reducing the debt-to-GDP ratio;
“That the Hon. Minister of Finance and Coordinating Minister of the Economy, working with the Debt Management Office are authorised to take all necessary actions required to give effect to this.”
The lawmakers unanimously adopted and passed the recommendations.
News
Reps Direct IGP, DG DSS To Deploy Personnel To Etsako LGA Over Worsening Insecurity
By Gloria Ikibah
The House of Representatives has directed the Inspector General of Police, Kayode Egbetokun, Chief of Defence Staff, General Christopher Musa and Director General, Department of State Services, Oluwatosin Ajayi to urgently deploy personnel to tackle the worsening insecurity in Itsukwi, Imiakebu, Imiegba and Okpekpe communities in Etsako East Local Government Area of Edo State.
The resolution was sequel to the adoption of a motion of urgent public importance on the “Urgent need to deploy security agents to Itsukwi, Imiegba, Okpekpe and Imiakebu communities to halt herdsmen’s onslaught against innocent citizens,” by Rep. Billy Osawaru, member representing Orhionmwon/Uhunmwode Federal Constituency, Edo State on Thursday at plenary.
Rep. Osawaru, drew the attention of the House to the provision of Section 14 (b) of the 1999 Constitution (As amended) on the need for government to provide security and welfare for the people.
He stated that Section 17 (b) of the Constitution provides that the sanctity of the human person shall be recognised and human dignity shall be maintained and enhanced; governmental actions shall be humane.
According to him, Chapter 4 of the nation’s Constitution in Section 33 (1) provides that “Every person has a right to life, and no one shall be deprived intentionally of his life, save in execution of the sentence of a court in respect of a criminal offence of which he has been found guilty in Nigeria.”
He said: “The House is aware that on Monday, October 28, 2024, herdsmen invaded Ugbereke, a popular farmland known for its fertility and destroyed completely the yam plantation of a youth leader in Itsukwi community (Ward 9, Etsako East Local Government Area, Edo State), Mr Samuel Igbeneghu.
“The House is also worried that on Tuesday, November 5, 2024, three farmers by the names Umuagene Obey, Emuesugheli Obi and Ogbitabu Imoudumhe (all from Okpekpe community in Ward 10, Etsako East Local Government Area of Edo State were ambushed on the way to their farms and brutally murdered by suspected herdsmen.
“Same day, the killers made their way to Ugbereke, and killed one Undyar Aondongu (male) while five women were beaten and left to flee with various degrees of injuries.”
The lawmaker stated that as a result of these violent campaigns, farmers in these communities no longer visit their farms for fear of being attacked or killed.
He therefore warned that if the Federal Government fails to take urgent steps to address the crisis, acute hunger owing to food scarcity would be the natural consequence, not just for the people of the area but the entire Etsako East Local Government Area and by extension, Edo State as a whole.
Then the presided officer, Speaker Tajudeen Abbas put itcto a vote, the House unanimously adopted the motion, observed a minute silence in honour of the dead and directed the immediate deployment of security agents to the four communities.
The House also mandated the Inspector General of Police and other relevant security agencies to investigate this tragic incident and fish out the perpetrators for prosecution, while also tasking them to Immediately step up the security surveillance to contain the escalation of insecurity within Itsukwi, Imiakebu, Imiegba and Okpekpe communities and beyond.
The legislative body also urged the Inspector General of Police, Chief of Defence Staff, DG, DSS, General Officer Commanding 2 Division of the Nigerian Army and the Commander, 4th Mechanised Brigade in Edpo State to deploy their personnel to Itsukwi, Imiakebu, Imeigba and Okpekpe communities to safeguard the lives and properties of the people.
The motion was subsequently referred to the House Committee on Army, Police, National Intelligence and Legislative Compliance with a timeframe of four weeks to report back for further action.
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