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Orji: Second Niger Bridge Has Achieved 57% Completion Rate

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images 2020 09 28T101148.628 Orji: Second Niger Bridge Has Achieved 57% Completion Rate

The Managing Director of the Nigeria Sovereign Investment Authority (NSIA), Mr. Uche Orji has disclosed that the ongoing construction of the Second Niger Bridge has achieved a completion rate of 57 per cent.

Speaking during an interview at the weekend, he expressed optimism that the project would be completed in 2022.

“Work is going on at the second Niger Bridge and it is over 57 per cent completed. It is a public-private partnership. The Ministry of Works awarded that contract, but the full concession agreement would be signed very soon that would hand it over to the NSIA,” he explained.

According to him, the NSIA would also be fully involved in the proposed InfraCo by the Central Bank of Nigeria (CBN), which also would involve the Africa Finance Corporation.

Orji said the proposed infrastructure company which has been approved by the President, would be a vehicle to support the development of infrastructure in the country.

Commenting on how the pandemic affected the operations of the NSIA, Orji said: “Year-to-date, many things have affected our programmes and our plans. I don’t think anybody I know has executed the plan they had. Whatever they planned to do in terms of project in February or March, has not happened and if they have done, it would have been different from whatever the intention was.

“On the Infrastructure Fund, we have executed a lot of projects and we have done very well. In our healthcare projects, we have commissioned two diagnostic centres, one in Kano and another in Umuahia. We have many more projects in the pipeline and over the next 12 months we expect to execute three more of such projects – one in Abuja and we are yet to decide on the centre for the other two.

“In terms of healthcare, we have 14 projects. Along with The Global Citizen, we have created the Nigeria Solidarity Support Fund, which is a fund that is going to be used in developing the healthcare centre. This is a fund owned by Global Citizen and the NSIA is the fund manager.

“In agriculture, we have a number of interventions and we are the manager of the Presidential Fertiliser Initiative (PFI). We also have a demonstration farm in Nassarawa State and a couple of others. Our PFI suffered the full impact of Covid-19, such that transportation was affected. Things are back to normalcy now, but it affected during that period.”

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Eidul – Mawlid : FG Declares Thursday, October 29 Public Holiday

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images 99 2 Eidul - Mawlid : FG Declares Thursday, October 29 Public Holiday

FG DECLARES THURSDAY OCTOBER 29, 2020 PUBLIC HOLIDAY TO MARK EIDUL-MAWLID CELEBRATION
The FG has declared Thursday October 29, 2020 as Public Holiday to mark this year’s Eidul-Mawlid Celebration in commemoration of the birth of the Holy Prophet Muhammad (Peace be upon him).
Minister of Interior, Ogbeni Rauf Aregbesola (@raufaregbesola) who made the declaration on behalf of the Federal Government, congratulated the Muslim faithful both at home and abroad for witnessing this year’s occasion.
He enjoined them to imbibe the spirit of love, patience and perseverance which are the virtues of the Holy Prophet Muhammad (peace be upon him), adding that doing so would guarantee peace and security in the country.
The Minister admonished Muslims to follow the teaching of the Holy Quran in Chapter 4 Verse 59 which says: “O you who believe! Obey God and obey the Messenger, and those from among you who are vested with authority; and if you are to dispute among yourselves about anything, refer it to God and the Messenger, if indeed you believe in God and the Last Day. This is the best (for you), and fairest in the end”
Ogbeni Aregbesola enjoined Nigerians, particularly Muslims, at this moment, to abhor violence, lawlessness, wantonness and daylight robbery as witnessed across the country most recently, stressing that Nigeria is the pride of the black race and should provide responsible leadership for the greatness and development of the African continent and all black people.
While calling for a stop to all divisive tendencies across the country, he urged all Nigerians & the youth in particular, to embrace peace & cooperate with the President @MBuhari led-Administration in its effort to build a virile nation, which all citizens can be proud of.
Ogbeni Aregbesola who described the youth as the hope and future of the nation advised them further to deepen democracy and not dampen it. For him, it is with more democracy that we can overcome our challenges, noting that the challenges of nationhood that we face are surmountable if we work through the democratic process. He wishes all Muslims a happy Eidul- Mawlid Celebration and all Nigerians a Happy Holiday.
SIGNED
Mohammed Manga
Director (Press & Public Relations)
For: Honourable Minister
27th October, 2020

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We Got $26. 94 Billion Development Assistance In Six Years – Finance Minister

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images 87 2 We Got $26. 94 Billion Development Assistance In Six Years - Finance Minister

The Minister of State for Finance and National Planning, Clement Agba, has disclosed that Nigeria got $26.94 billion foreign assistance inflows into various sectors in the last six years.
He disclosed this on Tuesday when he appeared before the House of Representatives Committee on Civil Society and Development Partners.
He said the funds were provided to undertake various interventions across the country by foreign donors, International Non Governmental Organisations (INGOs) and other bodies.
Agba said $ 2.339 billion was received in 2015, $1.150 billion in 2016, $ 774.933 million in 2017, $22.016 obtained in 2018, $655.642 million received in 2019 while $5.639 million was received in 2020.
The minister said the funds were donated by the European Development Fund (EDF); United Nations Development Systems (UNDS); China through the Bilateral Agreement between the Government of Nigeria and the People’s Republic of China signed since1972.
Others are; Japan through the Japan International Cooperation Agency (JICA); Korean International Cooperation Agency (KOICA); Department for International Development DFID; United States Agency for International Development (USAID) and the German International Cooperation (GIZ).
He, however, disclosed that the ministry did not receive the funds from the donors but it was involved in the coordination of the projects between the donors and the beneficiaries which are mostly the states and others.
“The implication of this is that donors do not give us the funds for management, rather donors work with the sectoral stakeholders to fund the project directly after identifying the needs by the MDAs/States in line with the Paris Declaration on Aid Effectiveness.
“For the purpose of clarification, the Federal Ministry of Finance, Budget and National Planning is responsible for coordinating Nigeria’s multilateral and bilateral economic cooperation,” he said.
Speaking, Chairman of the Committee, Rep. Kabiru Idris, said the Committee had received many petitions, alleging widespread misappropriation, misuse, and diversion of donors’ funds.
He said the petitions also alleged falsification of performance reports for the purpose of obtaining more funds from donor agencies/organisations.
“Also, in line with its mandate, the Committee received a referral from the House of Representatives, mandating it to investigate the operations of Non-Governmental Organisations (NGOs) so as to ascertain their sources of funding, their bases of operations and locations.
“This was after it had deliberated on a motion titled “Need for Special Intervention in the Protracted Situation in the Country,” he said.

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#EndSars

WASSCE SC 2020 Results Release Date yet to decided – WAEC NIGERIA

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WAEC WASSCE SC 2020 Results Release Date yet to decided - WAEC NIGERIA

WASSCE SC 2020 Results Releasing Date Altered by #EndSars Curfew Imposed last Week and the Exact Releasing Time to Be Known Soon.

West Africa Exam Council Nigerian Chapter have disclosed on it Twitter on 27th October 2020 that the planned to release WASSCE SC 2020 result on Tuesday 27th October 2020 in fulfillment with their 45 project but due to curfew imposed last week the time was hindered and yet to redecided, the time will be know soon.

WASSCE SC 2020 Results Release Date: Dear candidates, the Council had planned to release the results today in fulfillment of our Project 45 but due to the curfew imposed last week, it had to be postponed till next week. The exact date will be made known soon.

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