Connect with us

News

FG incurs N956billion outstanding liabilities on Road , Housing Projects – Fashola

Published

on

Minister of Works and Housing, Babatunde Fashola
Share

 

...laments budget cuts

…..As Senate panels commend  him on projects execution

Federal Government outstanding liabilities owed contractors handling road and housing projects across the country stands at N956billion as at September 2022, said the Minister of Works and Housing , Mr Babatunde Fashola .

Fashola who stated this on Wednesday at separate  2023 budget defence sessions  with the Senate Committees  on Works and Housing , also lamented over drastic budget cuts earmarked for the two sectors in the 2023 fiscal year .

Out of the N956billion outstanding liabilities , the federal government is owing contractors handling the National Housing Scheme N191.75billion  while the remaining balance of N765billion is owed contractorls handling road projects across the country  from the total contract value of N10.4trillion .

Specifically in his submissions before the Senate Committee on Housing , Fashola said the National Housing Project which started in 2016 has been executed in 35 out of 36 states of the federation with 1,250 contractors .

The 6, 000 Housing units he added , has created 46 construction sites across the country , 29, 030 direct employment and 57, 874 indirect employment .

” The National Housing Project is very much on course but the problems  of paucity of fund through drastic budget slash and outstanding liabilities of N191.75billion , need to be urgently looked into .

” In 2022 fiscal year , while the total capital votes for both Works and Housing Components of the Ministry was N441.18billion , the proposal made for 2023 fiscal year is N146billion .

” Out of the proposed N146billion as capital expenditure for the entire Ministry in 2023 fiscal year , only N45billion is earmarked for Housing sector  ” , he said .

Making similar submissions to the Senate Committee on Works , the Minister said : ” The main challenge to highways development in the country remains inadequate funding .

” As at date , government is committed to highway contractors to the tune of about N10.4trillion while a total of about N765billion are unpaid certificates for executed works .

” Secondly , the shortage of younger Engineers / Technical officers in the Ministry as a result of embargo on employment is affecting proficient project supervision at the sites “.

However , Chairmen and members of the committees , commended the Minister for series of roads and Housing projects executed across the country in the face of scarce resources and other challenges .

The Chairman of the Senate Committee on Housing , Senator Sam Egwu ( PDP Ebonyi North ), told the Minister to use the proposed N45billion capital votes in the 2023 budget to complete the remaining 3,000 units of the 6,000 units National Housing Project .

At the Committee on Works , headed by Senator Adamu Aliero ( PDP Kebbi Central) , the Minister was tasked on ensuring completion of 2nd Niger Bridge this year and the critical road projects he highlighted .

 

News

Lakurawa Terrorists, Not Bandits Responsible For Zamfara Explosion — Police

Published

on

Nigerian Police Logo
Nigeria Police Force
Share

The state’s police commissioner says members of the dreaded group were seen around the scene of the incident shortly before the explosion.

The police have fingered newly formed terror group Lakurawa as the mastermind of an explosion that occurred along the Dansadau-Gusau Road in the Maru Local Government Area of Zamfara State on Wednesday.

“This Lakurawa (group) when they were dislodged by the Army in Sokoto and Kebbi, the rest of them that survived the military onslaught were trying to find new enclaves,” the state’s police commissioner Muhammed Dalijan said on Channels Television’s Sunrise Daily breakfast programme on Thursday.

“As they were passing that village to Birnin-Gwari forest, they planted a bomb under a bridge. Then a motorist was passing and step on it. It exploded and killed the driver and three other people were seriously injured.”

The police commissioner said members of the dreaded insurgent group were seen around the scene of the incident shortly before the explosion.

Dalijan said planting of explosive devices was a new development in the North-West state. He said though Zamfara has had a long battle with deadly bandits, they don’t have the capacity to plant explosive devices.

“They were seen passing through a village and as we were getting reports, trying to get ourselves prepared to pursue them, this (explosion) happened. So, we are sure that they were the ones that planted the bomb.

“The bandits here (in Zamfara) don’t use bombs because they don’t know how to make it; they don’t know how to improvise explosive devices. So, we are 100% sure that they (Lakurawa) are the ones because planting bombs in Zamfara State is a new development and bandits don’t have that capacity,” he said.

Zamfara, located in North-West Nigeria, has become the “hub of banditry” in Nigeria, as described by Governor Dauda Lawal.

The governor said the marauding bandits whose kidnapping-for-ransom trade is booming in the state can be strangulated in two weeks with the right political will.

Meanwhile, military authorities have vowed to eliminate Lakurawa insurgents and other terror groups like Boko Haram and the Islamic State West Africa Province (ISWAP).

Continue Reading

News

Senate Sets Up Committee To Review Tax Reform Bills With AGF

Published

on

Nigerian Senate
Share

The Senate on Wednesday set up a committee to to review the controversial Tax Reform Bills that are before the National Assembly.

The Committee which is headed by Minority Leader, Senator Abba Moro (PDP, Benue South) will meet with the Attorney General of the Federation, Lateef Fagbemi, to address grey areas in the bills and revert to Senate before public hearing.

The Deputy Senate President Barau Jibrin disclosed this during plenary on Wednesday.

Barau, who presided over the session, said that the executive arm of the government agreed with the Senate that there is need to resolve all the issues causing disagreements in the bills.

Barau said, “We decided to put politics, ethnicity, regionalism aside to sit among ourselves in order to find a way forward in respect to issues affecting the tax reform bills. It is on this note that we extended our view to the executive arm of government, and it was agreed that there should be a forum to sit down to look at the areas that are creating disagreements in order to resolve them so that the entire country will remain united in our efforts to solve our problems.

“Before the introduction of these bills, we know we have been faced with several problems; insecurity that we and the president have been trying to solve, issues about our economy which is in line with global economic problems. And we also agreed that we shouldn’t allow any other to come in to aggravate the problems of our country.

“It is on this note that it has been agreed by the executive and by us that there should be a forum that should sit with the Attorney General of the Federation so that we can sit and look at all the areas of disagreement and resolve them for the interest of this nation.

“It is therefore proposed that tomorrow there will be a meeting with the committee that will be set here to sit down with the Attorney General to look at those issues and resolve them. It is on this note that the Committee on Finance that the bills have been referred to halt action with public hearing and other issues until we resolve those issues.”

President Bola Ahmed Tinubu had on October 3, 2024, forwarded four tax reform bills to the National Assembly.

The proposed Tax Reform Bills have generated a lot of controversies since its introduction at the National Assembly, meeting serious resistant especially from the Northern part of the country.

Following the controversies the bills have generated, the National Economic Council had advised President Bola Tinubu to withdrawal the bills to allow for further consultations, but he had refused and said that the bills should go through the necessary legislative processes.

Last week, the bills were passed at the Senate for second reading through voice votes.

The proposed legislation seeks to harmonize, coordinate, and resolve disputes arising from revenue administration in Nigeria.

Continue Reading

News

Gov Sanwo-Olu Signs Lagos Electricity Bill Into Law

Published

on

Babajide-Sanwo-Olu
Babajide-Sanwo-Olu
Share

The Lagos State Electricity Law 2024 is a comprehensive plan of Governor Sanwo-Olu’s resolve to address longstanding challenges in the energy sector.

Lagos State Governor Babajide Sanwo-Olu has officially signed the Lagos Electricity Bill into law.

The ceremony which was carried out at Lagos House Alausa Ikeja, had in attendance the state deputy governor Kadri Hamzat, members of the State assembly, as well as the state executive council members.

Governor Sanwo-Olu commended the state House of Assembly for ensuring the speedy passage of the bill, stressing that the bill will change the socio-economic value of citizens in Lagos State.

He stated that the electricity bill has been in the works for some years, and now that is finally achieved as Lagosians can be sure of a steady power supply.

On his part, the state Commissioner for Energy and Mineral Resources, Biodun Ogunleye, said the electricity law signed will provide an additional grid for Lagos State, and also put an end to black out in the state.

“There will now be regular power supply. Host community development Trust fund, which will provide opportunities for communities to develop power plant,” he said.

Ogunleye noted that the step taken by the government stands as a beacon of progress, that will ensure uninterrupted power supply in Lagos State.

The Lagos State Electricity Law 2024 is a comprehensive plan of Governor Sanwo-Olu’s resolve to address longstanding challenges in the energy sector.

The law will lay a robust foundation for economic growth, fostering industrial growth, improved quality of life, energy equity, economic prosperity, and environmental sustainability.

Among other things, the law seeks to establish a Lagos Electricity Market that is technically sound, financially viable, and well-regulated, ensure access to affordable, reliable, and sustainable electricity for all citizens.

It also helps to promote diverse energy sources, including renewable energy, and encourage energy efficiency, foster investment, competition, and innovation in the electricity sector and electrify underserved areas, contributing to the sustainable development of Lagos State.

Continue Reading