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Reps Remove N5bn Yacht From Supplementary Budget

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Amid public protest over the allocation of N5.095 billion for a presidential yacht in the 2023 supplementary budget, the House of Representatives announced on Thursday that the budgetary allocation has been scrapped.

 

In an interview on Thursday, Chairman of the House Appropriations Committee, Abubakar Bichi, confirmed the removal of the budget for the presidential yacht and noted an increase in the allocation for student loans from five billion to N10 billion.

 

Bichi further revealed that the committee raised the budget for the Ministry of Defence from N476 billion to N546 billion.

 

Additionally, he shared that the minimum wage for workers was approved and would be transmitted to the executive, with a commitment to thorough legislative oversight to ensure full implementation.

 

Recall that the President’s supplementary budget to the National Assembly initially included a N5 billion allocation for a presidential yacht, falling under the capital expenditure of the Nigerian Navy’s budget.

 

According to the breakdown, the Navy will require N62.8 billion for its operations, with recurrent expenditure and capital expenditure gulping N20.4 billion and N42.3 billion, respectively.

 

However, Chairman Bichi confirmed the removal of this allocation, stating that the five billion naira for the presidential yacht has been removed from the budget.

 

He said: “Actually We have submitted our reports to the House and after careful consideration, the House has approved our submissions and the breakdown is as follows:

 

“As you know, the budget is about N2.1 trillion and the Ministry of Defence has about N456bn but currently the Ministry of Defence has the largest share because we know how important our security is. As you are aware, we had interactions with them yesterday. Currently, we have increased their budget from N456 billion to N546,209,099,671 billion.

 

“For Police formation and command, we gave them N50bn while the FCT has about N100bn. You know FCT is very important to us, so we want to make sure that FCT can compete with any state in the world. That is why we gave them N100bn.

 

“On the Office of National Security, their initial budget was N27bn but currently we have increased it to N50bn. For the state house, their initial budget was N28bn and we maintained that.

 

“On Ministry of Agriculture and Food Security, you know how important that ministry is. We maintained their initial figure of N200bn as well.

 

“For the Ministry of Housing, you know we have a serious housing deficit in the country and Mr President’s agenda, he wants to build as much as he can, so we have approved N100bn for housing.

 

He added: “Our members, especially those standing committees, oversight those projects and ensure the money is used judiciously. From now till three months time, we are going to call them and ask them what they have done with the money.”

NEWS

$2bn Renewable Energy Funds Under Scrutiny As Reps Summon Ministers

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The House of Representatives Committee on Renewable Energy has summoned several key Ministers to appear on Wednesday to account for over $2 billion in investments and grants allocated for renewable energy development in Nigeria since 2015.

Despite this significant funding, power supply across the country remains poor, prompting the committee to question the effectiveness of these investments.

READ MORE: If It’s A Fair Election, I’ll Concede Defeat – Trump

The ministers expected to attend include Abubakar Kyari, Minister of Agriculture and Food Security; Uche Nnaji, Minister of Science, Technology, and Innovation; and Atiku Bagudu, Minister of Budget and Economic Planning.

This investigative hearing, chaired by Afam Ogene, representative of the Ogbaru Federal Constituency in Anambra State, aims to uncover how these funds were utilized and why they have not led to measurable improvements in energy access.

The hearings, scheduled for November 5 and 6, stem from a June 6 mandate directing the Committee to investigate the Ministries, Departments, and Agencies (MDAs) involved in managing renewable energy investments, procurement, and grants.

However, on the first day of the hearing, the ministers opted to send representatives, a move that disappointed Ogene and the committee.

Expressing his frustration, Ogene reminded officials that the Constitution grants the National Assembly power to summon public officers for investigative hearings.

He cited Section 81(1) of the Constitution, which states, “Each House of the National Assembly shall have power by resolution published in its journal or in the official Gazette of the Government of the Federation to direct an investigation into any matter or thing with respect to which it has the power to make laws.”

The Chairman emphasized that this authority also includes oversight of “the conduct of affairs of any person, authority, Ministry or government department charged, or intended to be charged, with the duty of or responsibility for executing or administering monies appropriated or to be appropriated by the National Assembly.”

During Tuesday’s hearing, Ogene invited the Minister of Budget and Economic Planning to deliver a presentation, only for Felix Okonkwo, a director in the ministry, to stand in on his behalf.

When questioned, Okonkwo admitted he was authorized to “take some responsibilities but not all,” prompting Ogene to insist that the minister appear in person on Wednesday.

“Tell your minister to appear before this committee on Wednesday. It is not meant to witch-hunt anybody. A situation where invitations are sent about three times to heads of MDAs and they would still not appear to make their presentations is not acceptable,” Ogene warned.

Similarly, when Suleiman Abubakar, Deputy Director of the Ministry of Science and Technology, tried to speak on behalf of his minister, Ogene instructed him to notify his principal to attend personally.

“You have no locus to stand in for the Minister. He should appear in person on Wednesday. We wrote to the Minister, not a directorate,” Ogene asserted.

Also summoned to the hearing on Wednesday are officials from the Office of the Accountant General of the Federation, the Niger Delta Power Holding Company, Union Bank of Nigeria Plc, and the Minister of Petroleum Resources (Gas), Ekperikpe Ekpo.

 

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If It’s A Fair Election, I’ll Concede Defeat – Trump

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In a final push on Election Day, Republican presidential contender, Donald Trump expressed confidence about reclaiming the White House, while reiterating his concerns about the security of electronic voting machines.

After casting his ballot in Florida, Trump told reporters, “I feel very confident.”

He added, “I believe we ran a great campaign,” referring to his race against Democratic rival Kamala Harris.

READ MORE: Painkillers Damaged My Kidney, Says Ufoma McDermott[VIDEO]

While Trump voiced his confidence, he also underscored his willingness to accept defeat if the election was conducted fairly.

“If I lose an election, if it’s a fair election, I would be the first one to acknowledge it. So far, I think it’s been fair,” Trump said, though he added that his acceptance would hinge on perceived election integrity.

In particular, Trump has voiced concerns about electronic voting machines, suggesting they are less secure than paper ballots.

Wearing a red “Make America Great Again” cap, he remarked, “They spend all this money on machines… If they would use paper ballots, voter ID, proof of citizenship, and one-day voting, it would all be over by 10 o’clock in the evening. It’s crazy.”

Trump further commented on the potential for election unrest. When asked whether he would urge supporters to remain peaceful, he dismissed the question, asserting that his supporters are “not violent people.”

As voting concludes, Trump’s statements add to the polarized atmosphere of one of the most contentious U.S. elections in recent history, with the nation watching closely as results unfold.

 

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NEWS

Buhari Grieves Over Borno Flood, Jigawa Tanker Explosion

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Former President Muhammadu Buhari Tuesday undertook visits to two states-Borno and Jigawa to commiserate with the governments and their people, following the devastating floods that ravaged Borno and the deadly petroleum tanker explosion in Jigawa that claimed nearly 200 lives, all of which happened while he was away from the country.

The former president lamented the damage, destruction, and losses of life that attended the worst floods in many decades in Borno State, ascribing the catastrophic incident to destructive weather due to climate change.

He recalled his days as the Military Governor of the North-Eastern state-now split into six states – when, as said, “ we engaged in prayers for rain. Now, we are having the irony of the state being overwhelmed by rain.”

ALSO READ: JUST IN: Explosion Shakes Abuja As Fuel Tanker Overturns, Injures Many

He commended the efforts of the state and federal governments in the joint efforts to restore normalcy in the lives of the people, saying that having sent a delegation to condole the situation while he was away, he still felt unsatisfied with the gesture, necessitating the urge to make the trip to see things and personally commiserate with the state.

The state governor, Pro Umara Babagana Zulum and the Shehu of Borno, Abubakar Ibn Umar Garba Al Amin El-Kanemi thanked the former president for the “historic visit,” saying that the state would never forget the president who had visited more than any other, and one “who has done so much and so well for Nigeria and Borno state in particular.

“Without the 85 megawatts captive power plant you built here, Maiduguri would have continued in darkness. You gave us the North East Development Commission, a military university, a federal polytechnic, and a college of education and ensured the gradual return of peace after years of Boko Haram terrorism,” stated the Governor.

In Dutse, the Jigawa state, the acting governor, Engineer Aminu Usman led the former president to the Rasheed Shekoni University Teaching Hospital where he saw the victims of the fire explosion still on admission.

Muhammadu Buhari joined in prayers for the repose of the 180 plus so far dead, from the fire, and the quick recovery of those who are still on admission in hospitals.

The acting governor thanked the former president for the visit and for the cash donation to the victims of the disaster.

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