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AMBODE SIGNS N1.046TR Y2018 BUDGET INTO LAW

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…Targets N897bn Revenue

…Assents Consolidated Transport Sector, Teaching Service Commission Bills

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Lagos State Governor, Mr Akinwunmi Ambode on Monday signed the 2018 Appropriation Bill of the State into law with a total budget size of N1,046,121,181,680.00.

 

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The total budget size comprises of N347, 038, 938, 872.00 to be funded from the Consolidated Revenue Fund, and N699, 082, 242,808.00 from the Development Fund for both capital and recurrent expenditure for the year ending 31st December, 2018.

 

The Governor also signed two critical bills into law. They are the Consolidated Transport Sector Bill and the Lagos State Teaching Service Commission Bill.

 

The Transport Sector Law 2018 provides for the development and management of a sustainable transport system in the State, as well as development, management and maintenance of transport infrastructure and facilities within the State.

 

The law also regulates the provision of an efficient transport delivery system and ensures availability of a safe and affordable transportation system. It is hoped that with this law, an efficient integrated transport management system will evolve in the State.

 

On the other hand, the Teaching Service Commission Law 2018 provides for the control and management of teaching service matters in the State, and for connected purposes.

 

The law regulates and co-ordinates the management of teaching service matters and provides uniform guidelines for the effective management of Post-Primary Schools in the State.

 

Governor Ambode, while presenting the 2018 Appropriation Bill to the State House of Assembly, had pledged that his administration would make every effort to complete all ongoing projects as well as initiate new ones to consolidate on the development recorded in the last two and half years.

 

He said the budget, christened as “Budget of Progress and Development”, would be used to consolidate on the achievements recorded in infrastructure, education, transportation/traffic management, security and health sectors, among others.

 

Outlining the key components of the budget, Commissioner for Economic Planning and Budget, Mr. Olusegun Banjo said capital expenditure would gulp N699.082billion, while N347.039billion would be dedicated to recurrent expenditure, representing a Capital/Recurrent ratio of 67 per cent to 33 per cent and a 28.67 per cent increase over Y2017 budget.

 

He also listed key projects captured in the 2018 Budget to include the Agege Pen Cinema flyover; alternative routes through Oke-Ira in Eti-Osa to Epe-Lekki Expressway; the 8km Regional Road to serve as alternative route to connect Victoria Garden City (VGC) with Freedom Road in Lekki Phase I; completion of the on-going reconstruction of Oshodi International Airport Road into a 10-lane road and the BRT Lane from Oshodi to Abule-Egba.

 

According to sectoral breakdown of the budget, General Public Services is earmarked to gulp N171,623bn, representing 16.41 per cent; Public Order and Safety, N46.612bn, representing 4.46; Economic Affairs, N473,866bn, representing 45.30 per cent; Environmental Protection, N54,582bn, representing 5.22 per cent, while Housing and Community Amenities got N59,904bn, representing 5.73 per cent.

 

Health sector got N92.676billion, representing 8.86 per cent; Recreation, Culture and Religion got N12.511billion, representing 1.20 per cent; Education got N126.302billion representing 12.07 per cent, while Social Protection got N8.042billion representing 0.77 per cent.

 

Under the budget, there are provisions for completion of the five new Art Theatres; establishment of an Heritage Centre at the former Federal Presidential State House recently handed over to the State Government; a world class museum between the former Presidential Lodge and the State House, Marina; construction of four new stadia in Igbogbo, Epe, Badagry and Ajeromi Ifelodun (Ajegunle) and completion of the on-going Epe and Badagry Marina projects.

 

On Housing, there are provisions for completion of on-going projects especially those at Gbagada, Igbogbo, Iponri, Igando, Omole Phase I, Sangotedo and Ajara-Badagry under the Rent-to-Own policy, among others.

 

Also speaking, Commissioner for Finance, Mr. Akinyemi Ashade put the projection for revenue (IGR) at N897billion, while the remaining part of the budget would be funded by deficit financing.

 

”Today is a good day in our State, the Governor just signed the 2018 Appropriation Law. For the first time the Law has about N1.046trillion as total amount that we would spend in 2018.

 

“The Budget is tagged “Budget of Progress and Development” and in terms of capital and recurrent expenditure, we have 63 per cent Capital and 37 per cent Recurrent and that shows that we are really big on infrastructural renewal.

 

“In terms of revenue, we are expecting a total of N897billion both from the State and Federal receipts, so the rest would be funded through budget deficit financing. We are focusing this year on completing all projects that we have started knowing fully well that people would say that this is an election year, but the Governor is focused on delivering the dividends of democracy; we are not slowing down, we want to really ensure that we touch every aspect of Lagos that needs to be touched in terms of infrastructural renewal, welfare and other things that the Governor promised,” Ashade said.  

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Sahara weekly online is published by First Sahara weekly international. contact saharaweekly@yahoo.com

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Wike’s Loyalist Nwanosike Leads Thugs To Disrupt PDP NEC Meeting

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Wike’s Loyalist Nwanosike Leads Thugs To Disrupt PDP NEC Meeting

 

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Samuel Nwanosike, the chairperson of Ikwerre Local Government Area of Rivers State, Thursday, reportedly led thugs to disrupt the National Executive Committee (NEC) meeting of the Peoples Democratic Party (PDP) in Abuja.

Nwanosike, who is the chairman of Ikwerre Local Government Area of Rivers State, is a loyalist of Nyesom Wike, the Minister of the Federal Capital Territory.

Among many other things, a potential sanction for Wike was expected to take the front burner at the party’s NEC meeting over allegations of anti-party activities.

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However, Nwanosike reportedly tried to force his way into the venue and came along with hoodlums. His intent, it was gathered, was to create chaos and halt resolutions by the NEC.

 

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APC Vanguard condemns purported sacking of Ganduje as attempted civilian coup …recommends full investigation

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APC Vanguard condemns purported sacking of Ganduje as attempted civilian coup ...recommends full investigation

APC Vanguard condemns purported sacking of Ganduje as attempted civilian coup
…recommends full investigation

 

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A political interest group in the All Progressives Congress (APC) has condemned the purported sacking of the National Chairman of the party, Alhaji Umar Ganduje.

The group under the umbrella of APC National Vanguard described the sacking as a political coup orchestrated by desperate individuals outside the party who are envious, and felt threatened by Ganduje’s rising profile.

It said that the attempt to sack Ganduje as the National Chairman of the APC is a direct assault on the democratic principles and what the party stands for.

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The group said: “We understand that such calls and attempt to illegally sack the chairman can only be contemplated by anti-democratic forces and those who seek the fall of the APC party.

“It is most unfortunate that they are hiding behind the façade of being democrats when in reality they abhor the very tenets of democracy, which is why they are keen on using crude tactics to cause disarray, and unsettlement within our prestigious party.

“We warn those outside the APC party who desperately want to rejoin the party to do so in the most honorable and civilized manner. Resorting to devilish, demonic, and dubious means to achieve their goals is not only unacceptable but also undermines the principles of democracy and fair play.

“It Is a clear violation of our party’s constitution and an affront to the democratic principles upon which our great nation is built. We stand firmly behind Alhaji Ganduje and affirm our unwavering support for his leadership.

“His dedication, integrity, and commitment to the ideals of the APC have been instrumental in our party’s success and growth. His Excellency, Alhaji Umar Ganduje, has been an exemplary leader within the All Progressives Congress.

“Under his leadership, the party has made significant strides in advancing its agenda, promoting good governance, and delivering on its promises to the Nigerian people. His rising profile is a testament to his dedication, hard work, and commitment to the party’s ideals.”

The group called on Governor Abba Kabir Yusuf of Kano State to call his dogs to order. It said: For those that have hired themselves out as mercenaries to threaten Nigeria’s democracy and causing strife within our noble party, you should be ready to face the sword of justice soonest.

“The governor needs to understand that oppression of the weak is the bane of Justice and Democracy in any country. We implore him to step down if he has nothing in his head other than witch-hunting, and playing divisive politics in Kano State.

“He should hand over government to a competent hands if he’s not ready to embrace following due process of justice, other than using rascality, impersonation, and manipulative tactics to fight opposition.

“We call on all members of the APC, at all levels, to rally together in support of Alhaji Umar Ganduje and to condemn this act of political sabotage.

“Our unity and solidarity are paramount in these challenging times. It is only by standing together, hand in hand, that we can overcome any attempts to divide and weaken us.

“In conclusion, we reiterate our condemnation of the purported sack of His Excellency, Alhaji Umar Ganduje, as the National Chairman of the APC. We expose the legal loophole in the alleged suspension, highlighting the fact that those who addressed the press conference are not card-carrying members of our party.

“Which in regards of this revelation makes the purported suspension null and void, and would have no any effect on the National Chairman.

“We further express our happiness at the good news that, the Ward and Local Government Executives having identified the persons involved in this unfortunate situation, have already prepared to charge them to court for impersonation and calculated attempt to embarrass and dent the image of the Party and that of the National Chairman.

“We also issue a stern warning to those outside the APC who seek to rejoin the party, urging them to do so in a manner that upholds honor, civility, and the democratic values we hold dear.”

 

APC Vanguard condemns purported sacking of Ganduje as attempted civilian coup
...recommends full investigation

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We are thinking in the same line with President Tinubu’s Renewed Hope Housing Agenda – Governor Fubara

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We are thinking in the same line with President Tinubu's Renewed Hope Housing Agenda - Governor Fubara ...As Managing Director, Federal Housing Authority,Hon Oyetunde Ojo visits Rivers State.

We are thinking in the same line with President Tinubu’s Renewed Hope Housing Agenda – Governor Fubara
…As Managing Director, Federal Housing Authority,Hon Oyetunde Ojo visits Rivers State.

 

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The Governor of Rivers State, His Excellency, Sir Siminalayi Fubara, says Rivers State will fully support the Renewed Hope Agenda of President Bola Ahmed Tinubu (GCFR).

 

 

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We are thinking in the same line with President Tinubu's Renewed Hope Housing Agenda - Governor Fubara
...As Managing Director, Federal Housing Authority,Hon Oyetunde Ojo visits Rivers State.

He disclosed this on Wednesday, 10th April, 2024 when the Managing Director and Chief Executive of Federal Housing Authority, Hon. Oyetunde Oladimeji Ojo paid him a visit in continuation of the agency’s consultation with State Governors towards the Renewed Hope Agenda programme of President Tinubu.

Hon. Ojo, in his address to the governor, commended him for the great sense of focus he has displayed in governance within the short period he assumed office.

The FHA Chief Executive listed out the Governor’s infrastructural development, timely payment of pensioners, and enhanced security in the state, among other things, as the areas he has made instant marks in the state.

The MD informed Governor Fubara that the main reason for the visit was to bring President Bola Ahmed Tinubu’s Renewed Hope Agenda message on Housing to Rivers State, which is all about providing affordable houses to Nigerians, pointed out that the state is the thirteenth he is visiting with his team in under one month.

Hon. Ojo reiterated Mr. President’s determination not only to tackle the nation’s housing deficit, but giving Nigerians affordable and livable houses. According to him, “We bring you Mr President’s mandate of Renewed Hope, which is affordable housing. Right now, in Nigeria, we lack adequate shelter, which is why the President has chosen us to help tackle the issue.”

The FHA boss pointed out the strategic importance of Rivers State with its peculiar terrain to the economic life of the country and noted the need for affordable houses in the state for the good of the citizens.

The MD therefore told His Excellency, Governor Fubara, that the Authority has come to ask for land from Rivers State for the purpose of delivering the Renewed Hope Housing project.

Hon. Ojo explained to the Governor the new developmental inclusiveness policy of the FHA, where the Authority consults with the State Governments for inputs in designs before any project is sited. He said that the Authority would does not wish to stay in Abuja and design what they like for the people of Rivers.

In his words, the MD told the governor, “One of the reasons why we are here today is to solicit for land. We do not want you to just give us land. We want, like I said, to sit with your management team to come up with the right designs that will be tailored towards what the Rivers people need”.

Hon. Ojo also informed the Governor of the Authority’s Diaspora City initiative, where a certain percentage of the land given for projects would be dedicated to building for our diasporians and other privileged Nigerians. This, he said, would benefit our people in diaspora, some of whom have fallen into the hands of fraudsters in their quest to have befitting accommodation back home.

FHA, the MD told Mr Governor, is in advanced discussion with the Nigerians In Diaspora Commission and the Federal Ministry of Tourism towards this. He noted that with the Authority’s digitization, the Diasporians would have seamless transaction with FHA from the comfort of their respective locations and also be able to monitor and track their investments.

Hon. Ojo also told Governor Fubara that FHA wants to capitalise on the value chain of construction to help fight inflation in the country. He noted that by the time these sporadic massive constructions would start across the country, numerous direct and indirect jobs would be created.

The Managing Director equally informed the Governor that most of the contracts would be given to contactors from Rivers State. This, he said, apart from helping boost the state’s economy, would create a sense of ownership of the project, and the people would also know those to hold accountable.

The MD also emphasized the apolitical stand of President Bola Ahmed Tinubu on this project. Mr. President, he noted, sees this as a critical Nigerian project devoid of political colouration. He noted further that the FHA team has visited 13 states that are APC, PDP, NNPP, and Labour Party controlled, pointing to the non-partisan nature of the Renewed Hope Agenda programme.

On the designs and models of delivery, Hon. Ojo told the governor that the Authority remains resolute in the decision to consider Nigerians in the lower rung of the economy by building Studio, One Bedroom apartments, and carcass. He maintained that expensive finishing would not be imposed on Nigerians. FHA would do a prototype exterior, plumbing, and electricals, while respective allottees would do the finishing according to their individual tastes and resources.

Finally, the MD informed His Excellency that the Authority has ready off – takers for the project and would also like the collaboration of the State in profiling off-takers . “We will make you proud. We will come back to sit with you once you give us land. We will call you for the ground breaking, and President Tinubu will surely be your guest”. The MD concluded.

The governor, in his response, thanked the FHA team for coming to the state to discuss such an important issue of nation building. He thanked the President for the Renewed Hope initiative and expressed great concern over the issue of housing challenges in the country. In the Governor’s words, “I am really happy this evening not minding the timing, to discuss such an important issue of nation building”.

Governor Fubara noted that the issue of housing is becoming more challenging in the country due to high cost of living, and as such, all levels of government need to come down to tackle. “In our country today, because of the high cost of living, housing has become an issue, the medium income earner can not even afford them. All levels of government need to come down to tackle it.” He opined.

The Governor noted that his government is thinking along the same line with Mr President. He said that they are thinking of making provision for all segments of the populace, including the civil servants, traders, taxi drivers etc. He said that “…receiving a delegation from FHA is cheering to us. I want to assure you that we will be part of this project.” He noted.

The Governor expressed happiness for the proactive and business oriented disposition of the Authority’s presentation, and reaffirmed his Government’s commitment to work with FHA. In his words, “your demands are very simple. We are dealing with a team that is very serious to develop. They want the contractors to come from us. They want to partner us for off- takers. I want to assure you that we will work with you.”

Governor Fubara was also pleased with the Authority’s proposal to sit with the state for input in designs. He said it shows the seriousness FHA’s Management, that has great interest in its end product meeting the desires of those it is building for.

Finally, the Governor said, “I assure you of all the support you would need. Our message to the President is that we will support the project to be a successful legacy of his administration. ” He concluded.

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