Magnus Eze, Abuja JOHESU: The Nigerian Medical Association (NMA) has dismissed the Joint Health Sector Unions (JOHESU) as an illegal body that should not be accorded any recognition by Nigerians. It said the threat by JOHESU to commence indefinite strike by midnight, on Wednesday, was uncalled for because their demands were driven by envy. NMA…
Stories from Uche Usim, Abuja
The Federal Government says it has generated over N3 trillion since the commencement of Treasury Single Account (TSA) policy.
The Minister of Finance, Mrs. Kemi Adeosun, made the disclosure in a document to highlight the programmes of the ministry in the past 24 months.
According to her, the government put its feet down to ensure full compliance by Ministries, Departments and Agencies (MDAs) since it remains an initiative created to ensure efficient and transparent management of Federal Government’s finances and revenue collections. She said the programme helps monitor and manage revenue from revenue collecting and revenue generating agencies of government through a window.
“The Federal Government has so far mopped up over N3 trillion as revenue accruals since the policy of TSA commenced,” she stated.
On the Integrated Payroll and Personnel Information System (IPPIS), an Information Communications Technology (ICT) project initiated by the Federal Government, Adeosun said the project commenced in April 2007 with seven pilot MDAs.
“It has the objective of ensuring centralised payment of salaries; aiding of manpower planning and budgeting as well as reducing financial wastages. At present, capturing of more agencies on the IPPIS platform is ongoing and we are working tirelessly to ensure that all institutions of government are captured under IPPIS,” she stated.
The Minister also commented on the Nigeria Sovereign Investment Authority (NSIA), which manages the $1.5 billion Sovereign Wealth Fund (SWF) and described it as having the potential of having a defining impact on infrastructure financing in the country.
“They stand out because they are innovative, practical and built on standard frameworks that are designed to encourage profitable, sustainable investments by the private sector. A notable component of the entity’s infrastructure investment strategy is the building of strategic partnerships with reputable global investment companies with a view to attracting inflow of global finance for infrastructure development.
“Beginning in 2014, NSIA, under the supervision of the Ministry of Finance, has entered into a collaboration with GuarantCo, a leading international credit guarantee firm to explore ways to unlock latent pools of capital for investments in infrastructure. It’s partner, GuarantCo, is sponsored by the governments of Australia, United Kingdom, Sweden, Switzerland and Netherlands through the Private Infrastructure Development Group and has had extensive experience in such schemes in diverse economies, some similar to Nigeria’s. The outcome of the collaboration was the establishment of InfraCredit in early 2017.
“The Infrastructure Credit Enhancement Company, otherwise called InfraCredit, is designed to help address and overcome existing constraints in the supply of local financing to infrastructure projects and help the development of the local financial markets. Being the first of its kind in Nigeria, the company is set to play a critical and game changing role in facilitating access to finance for infrastructure projects. This it will do by providing credit guarantees for infrastructure bonds issued by corporate bodies and state governments to finance viable development projects in the country,” she said.
— 17th April 2018
NAN IITA: The International Institute of Tropical Agriculture (IITA), Ibadan, has reiterated its commitment to conducting researches that will nourish African agriculture. The Director-General of IITA, Dr Nteranya Sanginga, gave the assurance at the 21st Annual Symposium of IITA and International Association of Research Scholars and Fellows (IARSAF) on Tuesday in Ibadan. News Agency of…
— 17th April 2018
Tony John, Port Harcourt The founder and Commander General of the Vigilante Group of Nigeria (VGN), Alhaji Ali Sokoto, has urged Governor Nyesom Wike of Rivers State to invite and discuss with the state VGN for more effective security. Sokoto made the appeal when he visited the state to inaugurate the state’s command of the…
— 17th April 2018
In a bid to address the electricity needs of the state, particularly in the rural communities, the Ogun State Government is set to replicate Gbamu Gbamu’s 85 kilowatt Solar Grid in other rural communities in the state. Deputy Governor of the state, Chief (Mrs.) Yetunde Onanuga, who also oversees the affairs of the Ministry of…
— 17th April 2018
Molly Kilete, Abuja The Nigerian Army is currently holding a demonstration exercise to showcase its military powers to protect and defend the territorial integrity of the Nigerian nation. The exercise which is part of programme organised in the ongoing African Land Forces summit holding, in Abuja, is taking police at the 176, Guards Battalion, Gwagwalada….
Entertainment— 15th April 2018
Nollywood movie Ojukokoro and three other flicks – Oblivious, The Encounter, and Tell Me Sweet Something – were screened on Saturday night at Metrograph Theatre, New York. Ojukokoro (greed) is the hilarious feature film leading the line-up at the inaugural ‘Nollywood 3.0 Images and Stories From the African Diaspora Film Series’ in New York City….
South-West Report— 12th April 2018
Bamigbola Gbolagunte, Akure The history of Yoruba is certainly not complete without reference to Oranmiyan, a direct descendant of Oduduwa, the progenitor of the race. Oduduwa was believed to have descended from heaven and landed on Ile-Ife, Osun State, and from where he founded other Yoruba towns. Oranmiyan was a warrior who fought many wars…
Abuja Metro— 11th April 2018
Nkechi Onyele & Marcus Nkire A red light area is not only a place where prostitution is carried out or men go to buy sex; it is also a place where generations live and where children are born and raised. Children of women in prostitution who live in red…
Oriental News— 11th April 2018
…Want contractor back on site Okey Sampson, Aba Residents of part of Ogbor Hill, Aba, the commercial capital of Abia State comprising Federal Housing Estate, Pepple, Aguwa, Akpu, Ovom roads and other adjourning areas breathed a sigh of relief when in 2001, the administration of Dr. Orji Uzor Kalu constructed access link from Ogbor Hill…
Features— 17th April 2018
•Decrepit facilities, weeds and reptiles define historic complex Joe Apu Dan Anyiam Sports Complex is a multi-purpose stadium located in Owerri, the capital of Imo State. Named after Daniel Amobi Amadi Anyiam, a former national football team player and coach, it is the home stadium of the Heartland Football Club. It also has facilities for…
Literary Review— 14th April 2018
Henry Akubuiro, Lagos Perhaps more than any other group in the last three decades, the Association of Nigerian Authors (ANA), has contributed to the promotion of reading and discovery of new literary talents in Nigeria. Founded in 1981 by the legendary novelist, Chinua Achebe, the association has through, its routine creative writing workshops, award of…
Lifeline— 17th April 2018
Nigerians express concern over sexual harassment of female varsity students by lecturers Tessy Igomu Guilty or not guilty. That has been the controversy trailing the alleged acts of a lecturer at the Obafemi Awolowo University (OAU), Ile-Ife, Prof. Richard Akindele, and a female student of the institution. Since a telephone conversation between the don and…
Education Review— 17th April 2018
Geoffrey Anyanwu, Awka Former Vice Chancellor of Michael Okpara University of Agriculture, Umudike, Prof. Ikenna Onyido on Monday blamed the drastic drop in the quality in Nigerian universities on lazy Professors, who he described as “internet professors.” Onyido, delivering the keynote lecture of the 55th Meeting of the Committee of Deans of Postgraduate Schools in…
TSWeekend— 13th April 2018
Fatimah Muhammad-Omolaja Fast rising actor, Yomi Fabiyi lost his beloved mother recently. But much as he still feels the pain of her demise, he takes solace in the advice she gave him while alive. In an online chat with the thespian, he talked about how his late mother’s advice has continued to sustain him in…
Opinion— 17th April 2018
Oludayo Tade In the light of many eye-sore and ear-sore episodes which have characterised contemporary every day lived experiences of Nigerians, it is practically impossible to allow our dead leaders-of-thought to rest in peace; I need to invoke the spirit of the unusual being, (Abami Eda), Fela Anikulapo Kuti, for a perspective on Authority Stealing….
By Levi Obijiofor When you ask senior government officials to tell you the exact population of Nigeria, you are more likely to receive a guesstimate of the country’s population. The reason for this is simple. No one knows the current population of Nigeria because the last head count was conducted 12 years ago in 2006….
Last week, on April 14, Nigeria marked the fourth anniversary of the capture and abduction of 276 young girls, all of them students, by Boko Haram from their school in Chibok, Borno State. The government of President Muhammadu Buhari has had 163 of them returned in tranches to Nigeria and their parents. All of them…
Every March 29 his disciples gather for an intellectual banquet. This year’s feast attracted President Muhammadu Buhari, Vice President Yemi Osinbajo and an army of APC faithful. Unlike the other nine years where seminal topics on democracy were discussed, this year’s Ahmed Bola Tinubu Colloquium, held to mark his 66th birthday, was expectedly devoted to…
The mistake we have been making in this country since our democratic evolution is to vote for political parties irrespective of candidatures. This is majorly why we have had issues with most of the characters foisted on us. If it were not so, I do not see how Okezie Ikpeazu of Abia State, Ayo Fayose…
Okigwe South Federal Constituency is fast gaining popularity as the nation prepares for next year’s general elections. This popularity derives from the meddlesomeness of Governor Rochas Okorocha, who, not being satisfied with his vile endorsement of his son in-law as his successor, has traversed the entire landscape of the state, dictating who gets what post…
Last Monday, the All-Progressives Congress likely standard bearer in the 2019 presidential election finally verbalised the message we had long inferred from his body language. The somewhat shock announcement came during his party’s National Executive Committee meeting in Abuja, a day before the president left for London to attend to commonwealth and health matters. It…
As a newspaper publisher, I am quite familiar with the famous journalism dictum: “Comments are free, facts are sacred.” What this means is that everyone has a right to hold and express his opinion without let or hindrance. But while that is true, I haven’t found where it is written or stated that you can…
The Federal Government has been releasing what it calls the looters’ list. The first episode of the soap opera came with its controversies. Before the minister of information, Lai Mohammed, could release the second episode, a number of characters in the cast list had threatened court action. Some have wondered why the list contained mainly…
Often times, I wish I was never on WhatsApp because it can be annoying. My phone beeps endlessly with messages that don’t make sense at all. For me, having to juggle between reading tons of inspirational quotes that have no bearing with my life, to dealing with moral stuffs threatening me to forward to others…
It is another windy and rainy day, everyone has closed and I even had to force Debbie to leave, assuring her that I will lock up properly when I am done. She left reluctantly probably convinced I will not be able to cope without her, I should feel insulted. I was so engrossed in what…