04042019 - Nigeria 7 other nstions home to world's hungriest - UN
Vanguard Newspaper 04 April 2019
Vanguard Newspaper 04 April 2019
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Vanguard, THURSDAY, APRIL 4, 2019 — 41<br />
vanguardnews @vanguardnews @vanguardnews<br />
NEWS HOTLINES<br />
018773962,<br />
08052867058<br />
REF<strong>UN</strong>D: NASS approved<br />
figures sent by Executive for<br />
Taraba, Delta states —SENATE<br />
ABUJA—The Senate<br />
has said that the<br />
letter by President<br />
Muhammadu Buhari <strong>to</strong><br />
the Red chamber in<br />
which he claimed that<br />
National Assembly’s<br />
approval for refunds <strong>to</strong><br />
Delta and Taraba state<br />
governments through<br />
the issuance of<br />
Promissory Notes, for<br />
projects executed on<br />
behalf of the Federal<br />
Government was<br />
different from what the<br />
Federal Executive<br />
Council, FEC, approved<br />
and the reports in the<br />
media over the issue<br />
were wrong and must<br />
have resulted from<br />
misinformation <strong>to</strong> the<br />
President by his aides.<br />
Yusuph Olaniyonu,<br />
Special Adviser (Media<br />
and Publicity) <strong>to</strong> Senate<br />
President in a statement,<br />
yesterday, said that the<br />
“Senate approved the<br />
exact figures for Taraba<br />
and Delta states that was<br />
submitted <strong>to</strong> it by the<br />
Executive through the<br />
Ministry of Finance as<br />
stated on page 402 of a<br />
document entitled<br />
“Federal Ministry of<br />
Finance Submission of<br />
Federal Government of<br />
<strong>Nigeria</strong> Outstanding<br />
Liabilities <strong>to</strong> National<br />
Assembly, May, 2018.<br />
“The President had<br />
claimed in his letter <strong>to</strong><br />
the National Assembly<br />
dated March 5, 2019 that<br />
“while FEC approved a<br />
<strong>to</strong>tal sum of N78, 601,<br />
631, 430.16 as<br />
reimbursement <strong>to</strong> Delta<br />
and Taraba state<br />
governments, the<br />
National Assembly<br />
approved N90, 236,461,<br />
031.36, which is higher<br />
than the amount<br />
approved by the FEC.<br />
“The Senate will like <strong>to</strong><br />
clarify that the<br />
breakdown which the<br />
Executive through the<br />
Ministry of Finance<br />
submitted <strong>to</strong> the<br />
National Assembly<br />
showed that the<br />
outstanding liability due<br />
<strong>to</strong> Taraba State is N22,<br />
254,062,330.08 while<br />
that of Delta is N67, 982,<br />
Naira depreciates <strong>to</strong><br />
N360.55/$ in I&E<br />
398, 701. 28 while the<br />
<strong>to</strong>tal for the two states is<br />
N90, 236, 461, 031. 36.<br />
“Therefore, the<br />
National Assembly<br />
approved the figures<br />
submitted <strong>to</strong> it by the<br />
Ministry of Finance as<br />
approved by FEC for<br />
projects executed on<br />
behalf of the Federal<br />
Government. At no time<br />
did the executive<br />
forwarded the figure of<br />
N78, 601, 631, 430, 16 <strong>to</strong><br />
us and we do not know<br />
where the President got<br />
that figure from.<br />
“We have decided <strong>to</strong><br />
make this clarification in<br />
order <strong>to</strong> set the records<br />
straight and disabuse<br />
the minds of the general<br />
public. We believe the<br />
President must have<br />
been misinformed and<br />
misadvised by his aides<br />
while writing the letter<br />
he sent on this issue <strong>to</strong><br />
the National Assembly,”<br />
the Senate stated.<br />
The naira yesterday depreciated <strong>to</strong> N360.55<br />
per dollar in the Inves<strong>to</strong>rs and Exporters (I&E)<br />
window due <strong>to</strong> a 59 percent drop in the<br />
volume of dollars traded.<br />
Data from FMDQ showed that the indicative<br />
exchange rate for the window rose <strong>to</strong> N360.55 per<br />
dollar from N360.30 per dollar on Tuesday,<br />
translating <strong>to</strong> 25 kobo depreciation for the naira.<br />
The volume of dollars (turnover) traded yesterday<br />
dropped by 59 percent <strong>to</strong> $165.84 million from<br />
$405.12million sold on Tuesday.<br />
The naira, however, was stable at N359 per dollar<br />
in the parallel market.<br />
FEC okays N3.4trn promissory note<br />
<strong>to</strong> offset local debts, salaries<br />
•Approves N5.5b for 60,000 job creation programmme<br />
By Johnbosco<br />
Agbakwuru<br />
ABUJA —THE<br />
F e d e r a l<br />
Executive<br />
Council, FEC, yesterday,<br />
approved the<br />
establishment of a<br />
Promissory Note<br />
Programme worth<br />
N3.4trillion for the<br />
settlement of inherited<br />
local debts and<br />
contractual obligations of<br />
the Federal Government.<br />
Minister of Finance,<br />
Zainab Ahmed, disclosed<br />
this while briefing State<br />
House correspondents at<br />
the end of the weekly<br />
FEC presided over by<br />
President Muhammadu<br />
Buhari at the Council<br />
Chamber, Presidential<br />
Suspended Chief Justice of the Federation, Justice Walter Onnoghen (left) appearing as his legal<br />
team closed the defence of his case before the Code of Conduct Tribunal at Jabi, Abuja, yesterday.<br />
Pho<strong>to</strong>: Abayomi Adeshida.<br />
Villa, Abuja.<br />
She said: “Today<br />
(yesterday), at FEC, I<br />
presented a memo<br />
seeking the approval of<br />
council for additional<br />
financing, the sum of<br />
$6.8 million sought as a<br />
loan from AfDB <strong>to</strong><br />
finance inclusive basic<br />
service delivery and<br />
livelihood empowerment<br />
integrated programme<br />
for the rebuilding of the<br />
North-East.<br />
“There was a previous<br />
facility which included<br />
coverage of Adamawa,<br />
Bauchi, Borno, Gombe,<br />
Taraba and Yobe states,<br />
and some specific<br />
institutions were<br />
beneficiaries. But there<br />
is a Federal Science and<br />
Technology College in<br />
Lassa, Borno State that<br />
was one of the<br />
beneficiaries. But<br />
because of insurgency, it<br />
suffered severely. It<br />
could not be carried out<br />
because of the activities<br />
of insurgents.<br />
By Elizabeth Adegbesan “Now, what we are Continues from Page 5<br />
trying <strong>to</strong> do is <strong>to</strong> go back<br />
<strong>to</strong> the projects, <strong>to</strong> this<br />
particular institution <strong>to</strong><br />
make sure we are able <strong>to</strong><br />
rehabilitate the<br />
institution and also<br />
undertake a complete<br />
skill, training and<br />
educational project that<br />
will mitigate against the<br />
challenges that the<br />
institution has had. The<br />
facility is a concessionary<br />
loan.<br />
“It has an interest rate<br />
of one per cent and it is<br />
payable over a 30-year<br />
period and it has five<br />
years mora<strong>to</strong>rium.”<br />
Also at the briefing,<br />
Minister of Budget and<br />
National Planning,<br />
Sena<strong>to</strong>r Udoma Udo<br />
Udoma said “One of the<br />
projects approved by<br />
FEC is the N-Power<br />
knowledge Multitrack<br />
Youths Empowerment<br />
Programme. Now, this<br />
programme targets<br />
12,000 young <strong>Nigeria</strong>ns<br />
between the ages of 18-<br />
25 years. It is meant <strong>to</strong><br />
give them trainings as<br />
well as devices.<br />
“It will deliver <strong>to</strong> each<br />
of the 12,000 young<br />
<strong>Nigeria</strong>ns informed<br />
trainings which will<br />
enable beneficiaries<br />
build and imbibe<br />
<strong>Nigeria</strong>, 7 <strong>other</strong> nations <strong>home</strong> <strong>to</strong><br />
world’s <strong>hungriest</strong>—<strong>UN</strong><br />
Karlsen, made the<br />
remark in a statement,<br />
yesterday.<br />
He said: “Saving and<br />
protecting the lives of<br />
migrants and refugees,<br />
breaking the business<br />
model of smugglers and<br />
traffickers and providing<br />
legal pathways, while<br />
addressing the root<br />
causes of irregular<br />
migration and forced<br />
technical proficiency<br />
such as assembling,<br />
repairs, maintenance as<br />
well as technology skills<br />
and digital literacy<br />
across a wide range of<br />
electronic brands,<br />
products and technology<br />
which can be grouped<br />
in<strong>to</strong> three areas namely,<br />
mobile devices,<br />
computing devices and<br />
commonly used<br />
electronic devices.”<br />
“It’s a programme that<br />
is open <strong>to</strong> all<br />
unemployed youths<br />
across the six<br />
geopolitical zones<br />
irrespective of the socioeconomic<br />
or educational<br />
background. It has a<br />
great <strong>to</strong> engage and train<br />
12,000 youths across the<br />
six geopolitical zones of<br />
the country.<br />
“The contract for this<br />
displacement are at the<br />
very heart of the EU’s<br />
policy.”<br />
Karlsen statement<br />
followed shortly in Lagos<br />
after the 64th chartered<br />
flights bringing back<br />
voluntary <strong>Nigeria</strong>n<br />
returnees, arrived in the<br />
county.<br />
Insisting that the EU<br />
does not want <strong>to</strong> s<strong>to</strong>p<br />
migration, he said:<br />
“What we want <strong>to</strong> s<strong>to</strong>p is<br />
dangerous, unprotected,<br />
was awarded <strong>to</strong> Messrs<br />
Softcam Limited working<br />
with the officials of Social<br />
Investment Programme.<br />
It is a nine month<br />
duration. It will cost<br />
N259,000 per youth for<br />
the training and<br />
N207,000 for the work<br />
<strong>to</strong>ols, the kits, the<br />
equipment.<br />
The <strong>to</strong>tal sum of the<br />
ecology projects was<br />
N15.3 billion.<br />
On his own, the<br />
Minister of State for<br />
Power, Works and<br />
Housing, Mustapha<br />
Shehuri said the council<br />
approved N6.17 billion<br />
for augmentation of the<br />
contract for the<br />
construction of Ikot<br />
Ekpene border in Akwa<br />
Ibom State, Aba-Owerri<br />
Road, Section 1, Phase 1.<br />
Shehuri, said that the<br />
contract was awarded in<br />
2012, but the<br />
augmentation had <strong>to</strong><br />
come following some<br />
observations by the<br />
contrac<strong>to</strong>r.<br />
and exploitative forms of<br />
migration. Migration<br />
should happen out of<br />
aspiration, not<br />
desperation.”<br />
He noted that the EU<br />
was working in all areas<br />
of migration in <strong>Nigeria</strong>,<br />
including migration<br />
management, labour<br />
migration, irregular<br />
migration, return and<br />
reintegration, mobility<br />
and international<br />
protection.