Connect with us

Economy

Muazu Sambo Receives Nigerian Fleet-Implementation Interim Report

Published

on

Muazu Sambo Receives Nigerian Fleet-Implementation Interim Report

The Minister of Transportation, Muazu Jaji Sambo (left), received the Fleet-Implementation Interim Report in his Abuja office.

…APC hails Sambo at 63, calls him ‘Workaholic’***

The Minister of Transportation, Mu’azu Jaji Sambo, has received an interim report on the need to establish a strong and sustainable national fleet by the Nigerian Fleet Implementation Committee.

Receiving the report in his Abuja office, the Minister stated that, “Nigeria is a maritime country and if Nigeria gets its acts together, the country will have no business looking for money from the oil sector as a contribution to the GDP of the country.”

Also read: CVFF DISBURSEMENT: Mu’azu Sambo vows to Break Jinx that Makes Amaechi look Clueless

Speaking on how the project can be immediately realized, he said: “I don’t know whether, in the course of the Committee’s consultations with other Stakeholders, you were able to have some conversations with the Nigerian National Petroleum Corporation (NNPC) because, If NNPC, can give 100 % support, this matter can be closed in two months.”

Earlier, the Executive Secretary, Nigerian Shippers’ Council, and Chairman, Nigerian Fleet Implementation Committee (NFIC),  Emmanuel Jime, said the Committee was constituted by the immediate past Minister of Transportation, Chibuike Rotimi Amaechi, to implement the recommendations in the report by an earlier Ministerial Committee on Modalities for the Establishment of a Nigerian Fleet.

Jime who was represented by Managing Director, Sea Transport Group and member, NFIC, Umar Aminu, stated that the initiative was a way of responding to the non-participation of Nigerians in the carriage of Nigeria’s international cargo as well as the loss of freight revenue, jobs and other benefits which would otherwise have accrued to the country.

He also said: “In the course of carrying out the mandate, lessons have been learned and some modest achievements have been recorded.

These have been captured in this interim report which we are submitting today.

The work is still ongoing and the goal of creating an enabling environment for the growth of a sustainable Nigerian fleet will be achieved in due course”.

Courtesy Visit from the Nigerian Ambassador to Jamaica/Nigeria’s Permanent Representative on the International Seabed Authority, H.E. Maureen Tamuno, and her team (Ag. Director, National Boundary Commission, Nurudeen Abba and Commander Abdulsalam Mohammed of the Hydrographic Survey Department, Nigerian Navy).

Continuing, Jime noted: “There were challenges that impeded the quick realization of the project as earlier envisaged.

Shipping is international and competitive in nature and Nigeria cannot operate in isolation, hence the need for the operating environment to be similar to what obtains elsewhere.

This has been a major challenge to the growth of the sector in Nigeria.

Review of certain trade policies, access to funds, and technical/human capacity are issues that need to be resolved”.

In another development, the Minister of Transportation, Muazu Jaji Sambo has received felicitation calls and visits from various calls as today, marks his 63 years.

The Chief Press Secretary however told the Maritime First that the Minister is exploring a low-tone option.

One of the core Stakeholders, the ruling All People’s Congress APC Support Network, in a congratulatory letter, signed by its National Coordinator, Bashir Ado Kazaure, and made available to the Maritime First, the body described Muazu Sambo as a workaholic, whose appointment as Transportation Minister, would bring “unprecedented progress”

“The entire membership of the APC Support Network Joins millions of your supporters and well-wishers to felicitate with you on this auspicious occasion of your Birthday.

With you at the helm of affairs of the transportation ministry, Nigerians have noticed unprecedented progress in recent times.

You are building on the legacies of your immediate predecessor and even surpassing them which portrays your commitments to the Nigerian project.

“Nigerians are therefore saying THANK YOU, SIR!

“At 63, you are smarter, agile, energetic, and dedicated to your duty.

The transformation you brought to the ministry has since placed it on the competitive list globally.

“May this day bring you happiness and good health as you pilot the affairs of this critical sector of our economy, the Ministry of Transportation”, the APC Support Network stated.

 

 

 

 

Economy

Sanitary Pads: Reps Query Minister Over N65m Spent On New Year Party, Others

Published

on

 The Minister of Women Affairs, Mrs Uju Kennedy-Ohaneye has drawn the ire of the House of Representatives following the unguarded manner she allegedly spent monies which included expenditures of N45 million for a New Year party and, N20 million for sanitary pads.

The House of Representatives which has now queried the minister, also frowned on her other unrelated expenditure which includes N1.5 million for vehicle fuel.

Rep. Kafilat Ogbara, Chairman, House Committee on Women Affairs, led the interrogation of the Minister, over the non-payment of N1.5 billion to contractors despite the fund release in Abuja.

She said that the investigative hearing was aimed at uncovering the truth and not witch-hunting the Minister and the officials of the ministry.

The committee also investigated the alleged diversion of funds meant for contractor payments, following a petition from contractors.

The committee also sought clarification on funds appropriated for the African First Lady’s mission and the whereabouts of the N1.5 billion meant for contractor payments.

The minister however denied the allegations of misappropriation, overspending, and non-payment to contractors.

The procurement officer confirmed contractors’ claims, and the Director of Finance and Administration acknowledged only paying approved contracts.

It would be recalled that the committee had at its last sitting summoned the minister to appear before it to explain the rationale behind the non-payment.

The committee also ordered the stoppage of all 2024 contract processes by the Ministry of Women’s Affairs until the whereabouts of the money for the said contracts are determined

Continue Reading

Economy

LASU: Town, Meets Gown Next Tuesday, To Make Rails Transportation More Meaningful

Published

on

LASU: Town, Meets Gown Next Tuesday, To Make Rails Transportation More Meaning

…NRC Boss, Engr. Okhiria is Pointman

The Town and the Gown will on Tuesday converge at the Lagos State University (LASU), in a mutual fusion of quality and sustainable ideas, as the Managing Director, Nigeria Railways Corporation speaks on where the eggheads necessarily need to intervene, for the overall benefit of the nation.

NRC Boosts Passenger- Safety With  Strong Armed Forces Collaboration 
Engr. Fidet-Okhiria

Prof. Bamidele Badejo who is now back in LASU, confirmed this to the Maritime First, highlighting that Engr. Freeborn Okhiria would meticulously dissect a critical issue, titled: ‘From Exclusive Clause To Concurrent List: Potency for sustainable rail infrastructure development in Nigeria and the Lagos State example.

Oluwaseun Osiyemi, the Lagos State Commissioner of Transport, will be in attendance; at an event which will flag off by noon prompt, Tuesday 16th, July 2024, at the Femi Gbajabiamila Conference Centre.

Continue Reading

Economy

Reps Probe Cbn’s N1.12trn Anchor Borrowers Scheme, NIRSAL’s N215b Loan

Published

on

Reps Probe Cbn’s N1.12trn Anchor Borrowers Scheme, NIRSAL’s N215b Loan

The House of Representatives has ordered probes into the N1.12 trillion anchor borrowers scheme, an initiative of the Federal Government’s interventions and agricultural funding through the Central Bank of Nigeria (CBN).

Also included in the probe are the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), the Bank of Industry (BoI) and other agencies.

The resolution followed the adoption of a motion by Rep. Chike Okafor (APC-Imo) on the floor of the House in Abuja on Tuesday.

Presenting his motion, Okafor linked the growing food scarcity and malnutrition in Nigeria to the alleged mismanagement of agricultural funds intended for agricultural development in the country.

He said the Federal Government had expended N8 trillion in 8 years on various schemes and interventions in the last eight years with the view of making food available for millions of Nigerians.

He added that the alleged mismanagement, misapplication of funds and abuse of the programmes had left Nigeria with the twin challenges of food scarcity and malnutrition.

Okafor said that funds advanced to end users of the various Federal Government interventions had also been allegedly misused, misapplied and channelled to non-farming and non-agricultural purposes.

This, he said, was responsible for the current acute scarcity of food in the country.

Adopting the motion, the House mandated the Committee on Nutrition and Food Security as well as the Committee on Agricultural Production and Services; Agricultural Colleges and Institutions and Finance, to probe

The Committees were mandated to thoroughly investigate CBN’s alleged mismanagement of the Anchor Borrowers Program (ABP) for which ₦1.12 trillion was to be disbursed to 4.67 million farmers.

The farmers were said to be involved in either maize, rice or wheat farming through 563 anchors.

The committees are to look into NIRSAL’s disbursement of ₦215,066,980,274.52, to facilitate agriculture and agribusinesses.

The House gave the committees four weeks to report back to the House.

The house also mandated the committees to equally assess how the Bank of Industry (BOI) disbursed N3 billion to 22,120 smallholder farmers through the Agriculture Value Chain Financing (AVCF) Programme.

The committee is also to investigate the handling of the N5 billion loan facility to the Bank of Agriculture (BOA) for livestock farmers across the country.

This will include the management of the National Agricultural Development N1.6 billion Recovery Fund for the Ginger Blight Epidemics Central Taskforce (GBECT).

This is for the control of Blight disease in Ginger, among other interventions. 

Continue Reading
ADEBAYO SARUMI: Doyen of Maritime Industry Marks 80th Anniversary, Saturday 

Editor’s Pick

Politics