Dailytimes

adminreachOctober 24, 2017

3min340

Federal government has been warned to desist from freezing the account of about fifty million Nigerians whose accounts have not been covered by the Biometric Verification Number (BVN).  An economist, Bishop (Dr.) Emma Gospel Isong regretted federal government intention, noting that the non registration of millions of Nigerians was not caused by them but blamed it on the irregularities that beclouded the exercise.
“There were a lot of irregularities when the exercise was being carried out in commercial banks. Of course, I experienced it myself, there were delays in the operations, no enough equipment and personel, people suffered, so many things went wrong, and you have a situation, that even when you have registered, the Banks were still sending you text messages to come and register.
“On this basis, it is not primarily the fault of the account holders; federal government has no right to freeze customers’ account as a punishment for not doing BVN. The attempt of doing that may be devastating as millions of customers will withdraw their deposits in various banks, and that will have terrible negative multiplying effect on the economy.” Consequently, Dr. Isong said, if federal government freezes account of Mr A and Mr B observed it, millions others will withdraw their cash from banks and this will diffidently affect cash flow in banks.
“So, if customers, in panic rose and said, account of Mr. A has been frozen and not sure of Mr B, millions of people will in one accord, withdraw their physical cash from Banks and this will cripple already crumbled economy of Nigeria. This will create drops in banking habits and it will create cash quit in the system and it will surely affect the banking sector. The economist advised federal government to continue to appeal to Nigerians rather than taking the steps of freezing the customers’ accounts, “I think, it is wise for Federal Government to continue to advertise the registration of BVN and Banks should sent test messages to customers to come and register instead of out rightly freezing of account of over 50 million Nigerians” he appealed.


adminreachOctober 24, 2017

7min290

Contrary to the People’s Democratic Party (PDP)’s opinion that the present administration is running on propaganda and lies, President Muhammadu Buhari has said that his administration had recorded concrete and genuine achievements which are there for all to see.
The President made this assertion at the opening of the two-day Nigeria Governors’ Forum Conference for Media Handlers of States’ Chief Executives’ in Abuja on Monday. Represented by the Minister of Information and Culture, Alhaji Lai Mohammed, he said, “for our administration, our achievements are there for all to see. We are delivering in the broad areas that formed the plank of our policies: Security, fight against corruption and the economy, which includes the massive provision of infrastructure, ease of doing business and agriculture, just to mention a few”. Providing facts and figures, the President listed his administration’s achievements in ending subsidy, ensuring the availability of petroleum products; in raising power generation, transmission and distribution, in the massive provision of infrastructure; in tackling insecurity and making a success of the agriculture revolution, among others.
“Those who accused this administration of ‘propaganda and lies’ in the fuel supply sector, for example, did not tell Nigerians that whereas they paid between 800 billion and N1.3 trillion as ‘subsidy’ yearly in their time without making the products available even at regulated prices, this administration is not paying any subsidy, yet all products are currently available at competitive prices and fuel queues are now history. In their time, they paid subsidy of N3.7 billion daily in 2011; N2.2 billion daily in 2012 and 2013, and N2.5 billion daily in 2014, all for products that were never available.
“Those who accused this government of ‘propaganda and lies’ also said we have not achieved anything in the power sector. Comment is free; facts are sacred, as they say. When this administration assumed office on May 29 2015, available power on the grid totaled 2,690MW, transmission capacity was around 5,000MW and distribution capacity was 4,000MW.
“As at September4, 2017, the available power that can be put on the grid was 6,619MW; the transmission capacity was simulated at 6,700 MW (up from 5,000 MW in 2015) but the distribution capacity was 4,600 MW, which was what was put on the grid. On September 12, 2017, production of power reached an all-time level of 7,001MW,” he said.
”Because of the increased spending in areas of roads, power and housing, the massive debts owed to contractors are being settled so they can recall workers who were laid off and re-open closed work sites. As a matter of fact, during the implementation of the 2016 budget, we paid 103 construction companies executing 192 projects and they, in turn, employed 17,749 people directly and 52,000 people indirectly in works.
”So far this year, N47.169 billion has been paid to 62 contractors working on 149 projects to continue work on roads and bridges and keep people at work. Similar payments are being made to supervising consultants and to contractors in housing and power sectors of the ministry”, he assured.
The President also highlighted the achievements that have been recorded by his Administration in the area of the Economy, wondering whether it is ‘propaganda and lies’ that headline Inflation has now fallen for the eighth consecutive month; that foreign exchange reserves are up to $32 billion, from $24 billion a year ago: that oil production is at nearly 2 million barrels per day and that Home-grown School Feeding Program now being implemented in 17 States is benefiting more than 3 million public primary school children and more than 30,000 cooks across 20,000 schools.
He said close to 200,000 youths are now benefiting from the N-Power Program, which recruits unemployed graduates to work as teachers, agricultural extension workers, and health extension workers; that the Government Enterprise and Empowerment Program (GEEP), which provides micro-credit to farmers, traders, and artisans, now has in excess of 1 million beneficiaries, with women accounting for 56% of that number, and about $1.8 billion, the capital inflows in the second quarter of 2017 were almost double the $908 million in the first quarter.
”If our achievements are based on ‘propaganda and lies as they claim, why our agricultural revolution is achieving so much success: We have commissioned the 120,000 MT per annum WACOT Rice Mill in Argungu, Kebbi State. We have commissioned the 60,000 MT per annum Edo State Fertilizer Company Limited. What about the commissioning of OLAM’s 750,000 MT per annum Integrated Poultry Facility in Kaduna State? Do you know that 15 moribund Fertilizer Blending Plants have now been revived and in operation across Nigeria, under the Presidential Fertilizer Initiative, creating 50,000 direct jobs and 70,000 indirect jobs”, he queried.
He said when the Administration assumed office in 2015, Boko Haram was active in at least 10 states, could stroll into Abuja at a time and target their own choosing to cause maximum havoc, in addition to holding territories and collecting taxes.
”Today, Boko Haram has been so degraded that it lacks the capacity to carry out any organized attack, while also increasingly losing the capacity to even attack soft targets. Importantly, Boko Haram no longer holds any territory. The same vigor is being used to address the herdsmen-farmers’ clash, kidnapping for ransom and other crimes”, the President said. The President observed that the biggest challenge facing government information managers is how to project the achievements of their principals against the background of worsening cases of disinformation and fake news, adding that “the best way to tackle the problem is to remain focused, refuse to be distracted or intimidated and also use facts and figures to counter the purveyors of disinformation and fake news.”


adminreachOctober 24, 2017

1min380

The Governor of Adamawa state, Senator Muhammed Umaru Jibrilla Bindow, appointed six new Advisers into various offices in the state. In a Press release signed by his senior special assistant on media affairs, Mr Martins Dickson said the swearing in ceremony will holds Tuesday 24th October, 2017 by 11:00am at Banquet Hall Government House, Yola inviting the general public for the occasion.
The letter has Ustaz Abubakar Mahmud from Maiha L.G.A to advice as a Donor coordinator attack to the office of the Deputy Governor, Babangida Jidda Mubi South and Kevin Peter from Mubi North LGAs to occupy the office of Special Duties. Others include Abdullahi Duda from Madagali, Jimmy Zira from Michika and Vitalis Zira from Michika LGAs.