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FG seeks Senate’s approval of donor fund projects under 2018-2020 borrowing plan

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The Senate has received a request from President Muhammadu Buhari to approve donor fund projects under the 2018-2020 Federal Government External Borrowing (Rolling) Plan.

The request was contained in a letter addressed to the Senate President, Ahmad Lawan, dated 6th May, 2020, and read during plenary.

According to President Buhari, the Upper Chamber’s approval would enable projects listed under the 2018-2020 External Borrowing Plan to be financed through sovereign loans from the World Bank, African Development Bank (AfDB), French Development Agency (AFD), Islamic Development Bank, China EXIMBank, China Development Bank, European Investment Bank, European ECA, KtW, lPEX, AFC, India EximBank and International Fund for Agricultural Development (IFAD).

He added that the projects are geared towards the realization of the Nigerian Economic Sustainability Plan that cut across key sectors such as Infrastructure, Health, Agriculture and Food Security, Energy, Education and Human Capital Development and COVID 19 Response efforts in the six geo-political zones of the country.

The letter reads: “It is with pleasure that I forward the list of all the Donor funded projects under the 2018-2020 Federal Government External Borrowing (RoIIing) Plan for the consideration and concurrent approval of the Senate for same to become effective.

“The Projects listed under the 2018-2020 External Borrowing Plan are to be financed through sovereign loans from the World Bank, African Development Bank (AfDB), French Development Agency (AFD), Islamic Development Bank, China EXIMBank, China Development Bank, European Investment Bank, European ECA, KtW, lPEX, AFC, India EximBank and International Fund for Agricultural Development (IFAD) at a total sum of USD 36,837,281,256 plus Euro 910,000,000 and Grant Component of USD 10,000,000.

“Distinguished Senate President may wish to know that the projects and programmes in the Borrowing Plan were selected based on positive, technical and economic evaluations as well as the contribution they would make to the socio economic development of the country including employment generation and poverty reduction as well as protection of the most vulnerable and very poor segments of the Nigerian society.

“Distinguished Senate President may also wish to know that all the listed projects form part of the 2018-2020 External Borrowing Plan covered both the Federal and States Governments’ Projects and are geared towards the realization of the Nigerian Economic Sustainability Plan that cut across key sectors such as Infrastructure, Health, Agriculture and Food Security, Energy, Education and Human Capital Development and COVID 19 Response efforts.

“A summary of some key projects in each of the six geo political zones and a summary on the expected impacts on the socio economic development of each of the six (6) geo-political zones.

“Given the importance attached, to the timely delivery of the projects listed in the proposed Borrowing Plan and the benefits both the Federal and States Governments stand to gain from the implementation of same, I hereby wish to request for the kind consideration and concurrent approval of the Senate for the 2018 2020 Federal Government External Borrowing (Rolling) Plan to enable the projects become effective.”

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Military Rescues Six Students After Bandits’ Invasion Of Zamfara Community

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Six of the 24 students of the Federal University Gusau, Zamfara State kidnapped in the early hours of Friday (today) have been rescued, Channels Television reports.

A top military source close to the Commander of 1 Brigade Nigerian Army, Gusau, confirmed this to our correspondent, following the bandits’ invasion of the Sabon-Gida community of Bungudu Local Government Area.

He said the Brigade Commander, Brigadier General Sani Ahmed is currently leading the operation with other security agencies in the forest along Tsafe Local Government Area (LGA) of the state.

The source also confirmed that several bandits were neutralised during the ongoing operation with some weapons recovered.

Earlier, a student of the school, who asked to be anonymous for security reasons, told Channels Television that over 24 schoolmates, mostly ladies, were abducted during the attack.

A resident of Sabon-Gida identified as Nazeer Sabon-Gida also confirmed that the gunmen invaded the community around 3 am and started shooting indiscriminately.

According to him, three students’ hostels were attacked and all the students in the hostels were taken away by the bandits.

In a related development, the Zamfara State Police Command confirmed the abduction of the students.

The spokesperson for the command, ASP Yazid Abubakar, in a telephone conversation on Friday said the command has yet to confirm the number of the students abducted.

He also confirmed that the rescue operation was ongoing.

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Atiku explains to Supreme Court why PEPC judgement is flawed

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The former Vice President insisted that the February 25 poll was “conducted based on very grave and gross misrepresentation” and was, therefore, oppressive to the appellants, thus not free and fair, and not in accordance with the principles of the Electoral Act 2022

The presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, Atiku Abubakar, is seeking an overturn of the judgement of the Presidential Election Petition Court due to its failure to take into cognisance the “Doctrine of Legitimate Expectation” regarding the failure of INEC to conduct the election in accordance with its own guidelines and the Electoral Act 2022.

Atiku, in his Notice of Appeal, dated September 18, filed by his lead counsel, Chief Chris Uche, SAN, submitted that the failure of the tribunal to apply the said doctrine was enough ground for the apex court to set aside the entire decision of the lower court.

Specifically in ground seven of his notice, Atiku maintained that the lower court erred in law when it failed to nullify the presidential election held on February 25, 2023, on the ground of non-compliance with the Electoral Act 2022.

Atiku submitted that INEC conducted the presidential election based on gross misrepresentation to the appellants and the general voting public that the presiding officers were going to electronically transmit the results of the election directly from the polling units to the 1st Respondent’s Collation System.

He said: “Contrary to the above unambiguous representations, undertakings, and guarantees, the 1st Respondent neither deployed the electronic transmission of election results nor the electronic collation system in the said election, sabotaging the raison d’etre for the enactment of the new Electoral Act 2022 and the introduction of the technological innovations.

“Rather than hold the 1st Respondent (INEC) as a public institution accountable to the representations that it made pursuant to its statutory and constitutional duties, which created legitimate expectations on the part of the Appellant, the lower court wrongly exonerated the 1st Respondent of any responsibility by holding that the use of the technological innovations to guarantee transparency was not mandatory.”

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Please Forgive Me,’ Shaibu Begs Obaseki

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Edo State Deputy Governor Philip Shaibu and Governor Godwin Obaseki
Edo State Deputy Governor Philip Shaibu and Governor Godwin Obaseki
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The embattled Deputy Governor of Edo State, Philip Shaibu, has begged his principal, Governor Godwin Obakeki, for forgiveness over their political differences.

Addressing journalists on Thursday in Benin City, Shaibu appealed to Governor Obaseki to forgive and forget.

“I use this medium to appeal to Mr Governor, if there is anything that I don’t know that I have done, please forgive me so that we can develop our state together,” he said.

“We have just one year to go. We have been the envy of the entire country. So Mr Governor, if there is anything you feel that I have done, please I am sorry. I need us to work together to finish well and strong.”

When asked if he had resumed at his new office, Shaibu said, “We have resumed but there is still a lot of work to be done there.

“There is no problem about it. The governor has asked us to go there. Like I have always tried to prove, I am a loyal servant and nothing has changed.

“I took a personal vow to support my governor and you can see my Catholic people are here. When I took a vow with God, nothing can change it and I wish that the relationship that we had will come back in the next few days and weeks.

“I am missing my governor and by the grace of God, He will touch the governor’s heart and touch all of us and even those that are between us.

“I mean well. If there is any mistake I have made as a human, it is not out of wickedness because I know I’m not wicked. I have a very clean heart.”

Recently, Obaseki and Shaibu have been at loggerheads over issues relating to the alleged plots to impeach the deputy governor.

Last month, the governor accused his deputy of attempting to overthrow him, a claim Shaibu denied.

In early September, Shaibu was barred from gaining access to an event organised by the state where the governor and other top leaders were present.

Not long after, the deputy governor’s office was moved to a building outside the Edo State Government House.

 

 

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