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Firm Says River Kolmari In Bauchi Can Generate 10MW Of Electricity

The management of NIGAZ  company has said that River Kolmari, situated between Bauchi and Gombe States border, is capable of producing 10 Megawatts of electricity for the nation. A representative of the firm, Mr Andrey Maslov, said this on Friday ...

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Gov Imoke Disburses N85.4m To 56 Communities

The Cross River Government on Friday disbursed N85.4 million to 56 communities under its World Bank assisted programme.

The disbursement was undertaken through its Community and Social Development Agency.

Presenting cheques to the various communities at the Transcorp Hotel, Calabar, Gov. Liyel Imoke commended the them for complementing government's efforts at transforming rural communities.

Imoke said that government-initiated programmes were not meant for urban areas alone since every citizen had equal right and opportunity to government projects.

He expressed satisfaction with the work done by the agency and the way communities designed, utilised and regarded the projects as theirs.

The governor urged them to continue to protect and utilise the projects as government would increase its annual contribution if demands from communities grew.

Imoke said by meeting the conditionality for the execution of project, it meant that they had the passion and commitment.

He advised them to use the funds judiciously and warned them against its mismanagement.

The chairman of the agency, Chief Asuquo Ekpenyong, said the agency had proven to be reliable, fast and cheap mechanism to fast track rural development.

Ekpenyong said it had so far approved 192 Community Development Plans comprising 531 multi-sectoral micro projects.

He said the projects had ``a cumulative cost of N1.666 billion with the agency’s contribution of N1.499 billion. (NAN)

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Oil Sector: Diezani Laments Poor In-country Capacity Growth 50yrs After

The Minister of Petroleum Resources, Diezani Alison-Madueke, has lamented the preference for foreign companies to indigenous companies in the execution of jobs in the oil and gas industry. The minister particularly attributed the development to the con...

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Nasarawa Assembly Passes N110bn Appropriation Bill For 2013

The Nasarawa State House of Assembly on Wednesday passed the state's 2013 appropriation bill of N110 billion into law.

The Majority Leader of the House, Mr Godiya Akwashiki, moved the motion for speedy passage of the bill to enable the State Government deliver dividends of democracy to the people.

Akwashiki (PDP-Nassarawa Eggon West), urged his colleagues to pass the bill to enable the government execute development projects for the benefit of the people.

He said: ``The total amount approved is N110 billion comprising recurrent expenditure of N42.3 billion, representing 38.4 per cent, and capital expenditure of N67.7 billion, representing 61.6 per cent, for the 2013 fiscal year.”

The Minority Leader of the House, Alhaji Adamu Maikatako (CPC-Lafia Central), seconded the motion for speedy passage of the bill.

Maitakato said the passage of the bill would also enable the government to complete various ongoing projects and embark on new projects for the development of the state.

After listening to various contributions, the Speaker, Alhaji Musa Ahmed, directed the clerk to produce a clean copy of the bill for the governor's assent.

Ahmed (PDP-Nasarawa Central), urged the executive to ensure proper implementation of the budget and prompt release of funds to  various ministries and agencies.

The speaker commended his colleagues for passing the budget into law, urging them to closely monitor the implementation of the fiscal policy for effective result.

The News Agency of Nigeria (NAN) recalls that Gov. Umaru Al-Makura had on Dec, 12, last year, submitted a budget estimate of N107 billion for the 2013 services for approval by the assembly.

NAN also reports that there was an increase of three billion naira from the initial budget, submitted to the house to enable the executive complete some abandoned projects across the state.

A breakdown of the allocation shows that works got the lion share of N15.7 billion, housing N6.6 billion, education N4.2 billion, commerce N3.9 billion, health N3.7 billion as well as land and survey N3.1 billion.

Other sectorial allocations are: water resources N2.9 billion, sports N1.7 billion, information N1.6 billion, agriculture N1.4 billion and judiciary one billion naira.

Meanwhile, the house has also passed into law a bill for a law to establish the College of Selectors of Chun-Mada and a bill for a law to amend the Nasarawa State Local Government Laws 2003, to create additional chiefdoms in the state.

 

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Security Tribunal Critical To Growth, Smooth Operation Of Capital Market – Minister

The Minister of State for Finance, Dr Yerima Ngama, on Monday said the Investments and Securities Tribunal (IST) was critical to the growth and smooth operation of the capital market. Ngama, who made this known in Abuja at the inauguration of the IST b...

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