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Full text of Press Conference On The Inauguration Ceremonies For Dr John Kayode Fayemi

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Ekiti attracts $500 Million World Bank Projects in 4 years – Fayemi


Text Of A Press Conference On The Inauguration Ceremonies For Dr John Kayode Fayemi As The Sixth Elected Governor Of Ekiti State Held On Wednesday October 10, 2018 At AB Hotel, Ado-Ekiti

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Protocols

Gentlemen and ladies of the press. You are welcome to this press conference heralding the inauguration activities marking the assumption of office by the winner of the July 14, 2018 governorship election, Dr John Kayode Fayemi, who was candidate of the All Progressives Congress (APC) in that election.

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This event is significant because it marks the beginning of the new order in the reclaiming of Ekiti land and restoring her values. It is also significant in calling attention to the transformation that will emerge from Fayemi’s administration that will take effect from October 16, 2018 .

As noted in Dr Fayemi’s speeches before, during and after the election, the task of curbing the drift to squalor and abject poverty to which Ekiti State was subjected  must be embraced by all men of vision, integrity and good will.  They must move away from their comfort zones to the rescue of Ekiti people, who were being made to live with poverty as a way of life.

Of course the Governor-elect knew that this is a daunting task. But then Dr Fayemi knows that the Ekiti conundrum is not an insurmountable challenge.  Ekiti people themselves knew and still know that the outgoing administration holds no promise for them in their thirst for prosperity.

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It is against this background and, motivated by his place in history at a critical time in the rescue of Ekiti people that Fayemi traversed the 132 towns and villages in Ekiti State to sell his campaign promises to the people that there was hope in the reclaiming of Ekiti land  and  restoration of its values and dignity to reshape their collective destiny for good again.

Of course, Fayemi had no problem convincing the people in all the communities he visited, for in any of those communities, he could point to a minimum of four projects executed while he was governor between 2010 and 2014.

It is therefore not surprising that Ekiti people, desirous to save themselves from misrule went to the polls on July 14, 2018 and voted for a man they believe could make a fundamental change in their lives. July 14, 2018 governorship election was therefore a vote for freedom, progress and growth by Ekiti people.

It would be a new dawn on October 16th as Dr Fayemi will be back on track to take the government back to the people again for accountable government that will also make Ekiti people active participants in the way they are governed.

This knack for institutionalisation of participatory governance by Fayemi has reflected in the stakeholders forum commissioned by him where Ekiti people spoke in conference on their expectations from the government.

To enable Fayemi explore the pool of ideas that would be generated at the stakeholders summit, the new administration decided to rally and mobilise critical stakeholders, including professionals and other strata of the society, to brainstorm on the development plan,  using both formal and informal strategies in mobilising human and material resources to achieve the objective of rescuing Ekiti State again.

Now the journey for the actualisation of Ekiti dreams starts on October 16, 2018; the date fate has chosen for Ekiti State to recover her destiny and turn around her fortune.

Suffice to say that this kind of historic and historical occasion held to celebrate the freedom of a people cannot go without pomp and drums with dignitaries in attendance to join in the celebration.

Expected to grace the occasion on October 16, 2018 is  President Muhammadu Buhari, the Commander-In-Chief of the Nigerian Armed Forces, who will be the Special Guest of honour at the occasion.

He will lead top dignitaries, including state governors, ministers, military and paramilitary top leaders, party leaders, members of the diplomatic corps, clergy, civil society groups, artisans, market women and the general public, to celebrate the day with Ekiti people.

Activities outlined  as part of the inauguration ceremony of the new governor are as follows:

• Inauguration Lecture/Book Presentation/Photo Exhibition and Award of prizes to winners of the JKF Inauguration Essay Competition on Monday October 15, in Ado-Ekiti, the state capital. The title of the essay competition is “Reclaiming Our land, restoring or values: My Ekiti Dream”.

The Guest Lecturer is Prof Niyi Osundare.

• On October 16, the new governor and his deputy will be sworn in by the Chief judge of Ekiti State at the Ekitiparapo Pavilion along new Iyin Road, Ado-Ekiti. Reception takes place at the same venue after the swearing in ceremony.

• On Wednesday October 17, there will be Town Hall meeting in Ekiti North Senatorial District holding at Odo Udo Primary School grounds, Ojido Road, Ido-Ekiti in the morning, while on same day, Ekiti South Senatorial Town Hall meeting holds at Ereja Park (round-about) in the afternoon.

• An inter-faith thanksgiving service holds in the morning of Thursday October 18 in Ado-Ekiti, to be followed by Ekiti Central Senatorial District Town Hall meeting in the afternoon at Aramoko Motor Park, Aramoko-Ekiti.

• On October Friday 19, the thanksgiving Jumat Service holds at the Central Mosque, Ado-Ekiti,

• On Saturday October 20, Ekiti Arts, Culture and Talent Fair holds at Ekitiparapo Pavilion along New Iyin Road, Ado-Ekiti.

• Thanksgiving service holds on Sunday, October 21, at St Patrick’s Catholic Cathedral Church, Old Motor Park, Ado-Ekiti, while a civic reception will take place at the Eyitayo Lodge, Isan-Ekiti country home of the new governor.

Gentlemen and ladies of the press, as partners in progress in representative governance, it is expected that you will live up to the standard of your noble roles as information managers in all these events as part of your contributions to the success of the inauguration ceremony.

Through features, interviews and routine reporting, your role as the fourth estate of the realm is expected in the moderation of all the activities marking the inauguration of the new governor in highly professional manner as part of your contribution to the growth of democracy in Nigeria.

Thank you and God bless.
Yinka Oyebode

Chairman, Media and Publicity Sub-Committee,

2018 Ekiti State Governorship Inauguration Committee

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You’re wicked,$720k for school fees in advance,”U dey take Kogi people play football” -prophet Ikuru

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By Collins Nkwocha

The prophetic Hall of fame, prophet Godwin Ikuru of Jehovah Eye Salvation Ministry, Lagos has reiterated that the former governor of Kogi state, Yaya Bello is a heartless, callous and wicked criminal that shouldn’t be allowed to go unpunished.

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This is coming after the latest revelation that Bello withdrew $720k from the state funds to pay for his child’s school fees in advance by the EFCC chairman.

The handsome prophet who was visibly annoyed with the revelation by the EFCC boss said ” yaya Bello don pocket Kogi people so Tay e dey take them play football, this is wickedness,you have embezzled to the level that you don’t even know what else to use to embezzle anymore that you had to withdrew $720k for your child’s school fees in advance,you should be ashamed of yourself”.

He praised the EFCC chairman for doing a good job and helping the nation to recover her looted resources.He praised the president, Bola Ahmed Tinubu for helping the nation in the fight against corruption.

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Keep your mouth shut, you are the real criminal, you don’t have respect for elders, Prophet Ikuru blasts Yahaya Bello

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By Collins Nkwocha

 

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The prophetic Hall of fame, prophet Godwin Ikuru of Jehovah Eye Salvation Ministry, Lagos  has blasted the former governor of Kogi state, Yaya Bello for evading arrest and making nasty comments about the government and EFCC.

 

The prophet was visibly angry that Bello went into hiding and started attacking the government and EFCC with nasty words.He said “yaya Bello does not have respect for elders,in facts he’s not fit to contest for any political position in Nigeria or hold any political position in Nigeria anymore, he’s a real criminal,yet, he’s still talking, he doesn’t not have respect for elders.Ododo should also be punished for aiding a criminal”

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Bello was declared wanted by EFCC after evading arrest, he’s been on fugitive since then,many people advised him to submit himself for investigations and clarifications.Nigerians are eagerly waiting to see how this saga will end.

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Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

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Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

 

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… as FG endorses consolidated guidelines

 

 

 

 

 

 

 

 

 

Sahara Weekly Reports That Today, in a move to further revitalise the oil and gas industry’s contribution to the Nigerian Economy, Wale Edun, OFR, Minister of Finance and Coordinating Minister of the Economy, presided over a signing ceremony at the Federal Ministry of Finance headquarters in Abuja endorsing the Consolidated Guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector – a cornerstone of the Presidential Directive aimed at enhancing the Nigerian oil & gas sector’s global competitiveness whilst stimulating economic growth.

 

 

 

 

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

 

 

 

 

 

As disclosed during the signing, the Presidential Directives were developed and coordinated by the Special Adviser to the President on Energy, Mrs. Olu Verheijen to ensure a competitive framework for the Nigerian oil & gas industry. These Consolidated guidelines for the fiscal incentives are based on extensive collaboration across Finance and Petroleum Ministries and involved several key regulatory bodies including the Federal Inland Revenue Service (FIRS), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

 

According to Mrs. Verheijen, these new measures have been designed to deliver a competitive Internal Rate of Return (IRR) for Oil & Gas Projects and attract over $10 billion in new investments within the next 12-18 months. They also underscore Nigeria’s commitment to reaching its long term oil production target of 4 million barrels per day whilst enhancing the reliability of gas supply for to boost export earnings and fuel Nigeria’s industrialization.

 

Mrs. Verheijen disclosed that among the guidelines signed were the NUPRC Guideline on Hydrocarbon Liquids Content in a Non-Associated Gas (NAG) Field, essential for accurately categorising and quantifying the hydrocarbon liquid content in these fields. Additional guidelines focused on the applicability of tax credits and allowances for Non-Associated Gas Greenfield Development and the Midstream Capital and Gas Utilization Allowance, providing taxpayers with clarity on the computation of these benefits.

 

HM Edun, in his remarks, thanked President Bola Ahmed Tinubu for signing the directive in February 2024 to engender growth in the Nigerian oil and gas sector, which had stagnated for over the last decade. He also emphasised the potential of the guidelines, saying, “The idea is to create an atmosphere conducive to international competitiveness such that investment comes in. And in this case, we know it’s foreign direct investment”.

 

The signing ceremony was attended by various stakeholders, including NNPC Limited, Oil Producers Trade Section (OPTS) and the Independent Petroleum Producers Group (IPPG), further highlighting Nigeria’s unified approach toward reinvigorating its oil and gas sector.

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