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  • At FEC, Tinubu Okays Sale of Crude Oil to Dangote, Other Refineries in Naira

    At FEC, Tinubu Okays Sale of Crude Oil to Dangote, Other Refineries in Naira

    President Bola Tinubu has approved a new directive to promote the trade of crude oil using the local currency.

    The Federal Inland Revenue Service (FIRS) Chairman, Zacchaeus Adedeji, disclosed this to State House correspondents on Monday after the federal executive council (FEC) meeting at the Presidential Villa in Abuja on Monday.

    According to him, effective immediately, the Nigerian National Petroleum Company (NNPC) Limited will engage with local refineries in transactions dominated in Naira.

    He said this move was also extended to the sale of crude oil to Dangote Refinery, with the subsequent sale of Dangote’s products to others also to be conducted in Naira.

    He said the decision aimed to mitigate the heavy reliance on foreign exchange for crude oil imports, which currently accounts for roughly 30 to 40 per cent of Nigeria’s forex expenditure.

    The FIRS boss further explained that by denominating transactions in Naira, the federal government expected to significantly reduce the forex burden, estimating annual savings of around $7.3 billion.

    Leadership

  • Enugu residents reject Ekpa’s sit-at-home order

    Enugu residents reject Ekpa’s sit-at-home order

    …vow to expose, join force with security agencies to deal with promoters

    …as civil society group commends Gov Mbah over new security architecture

    Residents across Enugu State have issued stern warning to the leader of the autopilot criminal gang seeking to destabilize the South-east zone, Simon Ekpa, and his sponsors, to steer clear and count the state out of their sit-at-home madness, insisting Enugu people would do everything possible to liaise with the security agencies to expose and deal ruthlessly with promoters of sit-at-home in the state.

    This was even as a popular civil society group, Security and Accountability Watch (SAW) commended the state governor, Dr. Peter Mbah, over new security architecture in the state such as the “ongoing security camera installation, procurement of new high-powered security vehicles, and modern tracking system”, saying it would further guarantee safety in the state.

    Majority of the residents expressed anger at Ekpa’s deliberate attempt to bring the region on its knees. They warned that they would no longer fold their arms and watch some “criminals acting under the guise of Biafra agitation” take them for a ride, threatening to fish out those promoting the illegal declaration.

    Residents of Abakpa Nike in Enugu East Local Government Area of the state said they had already disregarded the illegal declaration of sit-at-home issued by the Finland-based fugitive having been assured by the governor and members of the security operatives.

    “We are not part of the sit-at-home and we will not take part in it. Sit-at-home is a self-inflicted madness that could only be declared and obeyed by psychopaths,” Mr Eze Kennedy, a resident of Abakpa, said.

    While dismissing the declaration made by Ekpa, an Nsukka trader, Nelson Agbo, said they held the Nsukka traders’ meeting with security agencies who assured them to go about their normal businesses; that the governor had already directed that maximum security be provided.

    He said: “You know, since the governor cancelled sit-at-home in the state, security has improved very well. We are now able to go out and carry on our trade on Monday and every other day. So, we are no longer interested in Ekpa’s madness. We are even working with security personnel to identify and hand over those criminals to the law enforcement agencies for prosecution.

    In Agbani road, Independence Layout, Coal Camp, New Haven, GRA, Trans Ekulu, Uwani, the stories remain the same as people living there threatened to deal with anyone or group promoting sit-at-home in the area.

    “These hoodlums called Ekpa and his sponsors cannot be going to work every day in Finland, Europe, Turkey, America and other parts of the world, and be telling us living in the South-East when to go out and when to sit-at-home.

    “We have resolved amongst ourselves to fish out those miscreants and teach them some lessons that they would not forget all through their lives,” Mr. Charles Okike, a chemist at Amobia Street, Uwani, fumed.

    At Gariki, Mr. Ogbuene Udoka, who depends on daily income to earn a living through cart pushing, said anyone still talking about sit-at-home should have his brain examined as Enugu people had already consigned that to their ugly past.

    “It is funny whenever that criminal called Ekpa talks about sit-at-home in the East. We have suffered that menace as a collective ignorance in the past. We almost died of hunger sitting at home, and he and his criminal gang have never provided alternative. We are waiting for them because we are ready to resist them with our last breath,” Ogbuene added.

    While commending Mbah for the ongoing security reform and the new security installation in the state, the Director of SAW, Engineer Nduka Mpu, said the government had shown sustained commitment in its responsibility by flushing out threats in the state.

    Nduka said this on Monday while monitoring the level of economic activities in state, noting that “We are satisfied with the level of movements and other human activities so far.

    “From our assessment, the economic activities show that our people in the state defied Ekpa and his herds of criminal bedfellows.

    “Even with the security presence at almost every corner of the state, you will be motivated to come out. What we are seeing today has reinforced our confidence in the state government,” he said.

  • Nationwide Protest: Enugu CP Warns Against Violence, Alleges Plans To Hijack The Exercise 

    Nationwide Protest: Enugu CP Warns Against Violence, Alleges Plans To Hijack The Exercise 

    …tasks would-be organizers to shelve the planned protest, or strictly adhere to the law, apply, and get approval before proceeding

    Following the trending planned nationwide protest and the need to protect lives, property, and critical national assets, the Commissioner of Police, Enugu State Command, CP Kanayo Uzuegbu, psc (+), has warned against acts of violence and breach of public peace by individuals or groups in the name of protest. The warning, he says, is considering available intelligence revealing the sinister plans of criminal elements to infiltrate, hijack the planned protest, and unleash mayhem on law-abiding citizens and property in the State.

    The intelligence, the Commissioner further states, shows that the hoodlums, as experienced during the violent “End SARS” protests, intend to attack fellow citizens, destroy public and private property, and perpetrate acts of looting. However, he reiterates the collaborative commitment of the police and other security forces to deal decisively with such criminal elements.

    Furthermore, the CP recognizes the constitutional rights of citizens to lawfully assemble and express their grievances, as currently touted. However, he stresses that it will be completely unacceptable for them to allow such assemblies or protests to be hijacked and made to become violent, especially in these challenging times.

    Consequently, the CP has cautioned those intending to carry out the planned protest in Enugu State to find reasons to shelve the plans, given the available intelligence, and seek alternative peaceful means to express their grievances.

    Nevertheless, the Commissioner emphasizes that proceeding with the idea will require them to strictly adhere to existing laws, particularly the Public Order Act. Hence, they must apply, stating their leaders, date, time, place of takeoff, and duration of the exercise, subject to thorough assessment and approval of such applications.

    Meanwhile, residents of Enugu State have been urged to remain law-abiding, vigilant, and promptly report to the nearest police station, criminals that may want to hide under the guise of the protest to wreak havoc. Or alternatively, call the Command’s emergency numbers; 08032003702, 08098880172, or 08086671202, or send emails to infoenugupolice@gmail.com.

    DSP DANIEL NDUKWE, anipr, mnisma
    Police Public Relations Officer,
    Enugu State Command,
    State Headquarters,
    GRA, Enugu.
    July 29, 2024.

  • NCC directs telcos to reactivate lines barred over NIN-SIM issues

    NCC directs telcos to reactivate lines barred over NIN-SIM issues

    The Nigerian Communications Commission (NCC) has ordered all telecommunication companies in the country to reactivate all lines they have barred over issues surrounding the linking and verification of National Identification Numbers (NIN) linked with their SIMs.

    Pacesetter reports that this was confirmed in a statement made by NCC’s Director of Public Affairs, Reuben Muoka and shared on the X handle of NCC’s Executive Vice Chairman, Dr. Aminu Maida.

    The sudden U-turn from the regulator, which had earlier given the telecom operators a July 31 deadline to bar all lines with unverified NINs, may be connected with the planned protest and the claims that the government was trying to frustrate the protest through telecommunications. 

    Recall that a Senior Advocate of Nigeria, Ebun-Olu Adegboruwa, had, Sunday, July 28, 2024, written the NCC, alleging plans by telcos to disrupt access to internet services with the intent to frustrate the planned nationwide protest.

    Adegboruwa had, among other things, stated that: “From all indications, it would seem that the underlying target of the telecom companies is to limit the reach of their customers in order to restrict access and thus frustrate the protests.

    “The NCC is urged to look into this and come to the rescue of the subscribers.”

    Pacesetter cannot independently verify if the directive from NCC was as a result of the petition by the senior lawyer.

  • JUST-IN: Tinubu assents to new minimum wage

    JUST-IN: Tinubu assents to new minimum wage

    President Bola Tinubu on Monday signed the new national minimum wage into law.

    He performed the ceremony during a meeting of the Federal Executive Council (FEC) he presided over at the Council Chambers of the Presidential Villa Abuja.

    The bill was passed expeditiously by the national assembly last week.

    Senate President Godswill Akpabio and Speaker of the House of Representatives, Tajudeen Abbas and other members of the National Assembly leadership joined the FEC for the ceremony.

    This is the first time since the advent of the present democratic dispensation that the council presided over by the president is admitting the leadership of the legislature into the Council Chamber during FEC meeting.

    It was gathered that their invitation to the meeting was impromptu.

    The national assembly leadership arrived the venue at about 1.38pm.

    Their involvement in the council meeting comes amid tension over the planned protest by some Nigerians against the rising cost of living in the country.

    Both the executive and legislature have been ramping up efforts to ameliorate the hardship in the country and trying to convince those organizing the protest of the need to call it off.

    Before signing the bill into law, President Tinubu invited several officials to make comments

    Tribune

  • Protest: SAN Raises Alarm Over Alleged Plans To Restrict Internet Access

    Protest: SAN Raises Alarm Over Alleged Plans To Restrict Internet Access

    Ahead of the planned #EndBadGovernance nationwide protest in August, human rights lawyer Ebun-Olu Adegboruwa has asked the Nigerian Communications Commission (NCC) to probe telecommunication operators’ alleged disconnection of subscribers.

    In a statement on Sunday, the Senior Advocate of Nigeria warned that telcos should not attempt to sabotage the forthcoming protest against economic hardship in Nigeria by restricting internet access among displeased citizens.

    “For the past few days, some telecom companies have been disconnecting their subscribers for flimsy and untenable reasons. Some allege lack of NIN registration or linking while some didn’t give any reason at all,” Adegboruwa said.

    “This action is coming on the heels of the proposed struggle of the people against hunger, poverty, suffering and the suffocating economic policies of the Tinubu administration.

    “From all indications, it would seem that the underlying target of the telecom companies is to limit the reach of their customers in order to restrict access and thus frustrate the protests.”

    The senior lawyer said the contract between telecom companies and their subscribers remains sacrosanct and should not be tampered with arbitrarily.

    “Sufficient information and opportunity should be given for subscribers to remedy any alleged breach or error.

    “So many telephone users deploy their numbers for their businesses and other lawful engagements, not to talk to those who may have medical and health-related emergencies.

    “The NCC is urged to look into this and come to the rescue of the subscribers.”

    The senior lawyer had written security agencies, requesting protection for protesters under the umbrella of the Take It Back Movement come next month.

    The protest against economic hardship, which is gaining traction on social media, has been scheduled to be held across all states of the Federation as well as the Federal Capital Territory (FCT), Abuja, in August. The organisers of the protest have been faceless.

    Prices of food and basic commodities have gone through the roof in the last months, as Nigerians battle one of the country’s worst inflation rates and economic crises sparked by the government’s twin policies of petrol subsidy removal and unification of forex windows.

    President Bola Tinubu, former Lagos governor, who was sworn in as President in May 2023, has appealed to displeased youths to shelve the planned ‘EndBadGovernance’ protest slated for next month.

    As part of moves to placate aggrieved citizens, the President sent a bill to raise the minimum wage from N30,000 to N70,000 to the National Assembly this week. Both chambers of the legislature speedily passed the bill on Tuesday, awaiting the President’s assent.

    On Thursday, the military authorities warned that unscrupulous elements plan to hijack the protest and use it to stage anarchy like what was recently witnessed in East African country Kenya.

    The police had also warned against bloody demonstrations come next month just as All Progressives Congress (APC) governors surmised that the protest could be hijacked and turn violent like the EndSARS nationwide protest against police brutality back in October 2020.

    Channels TV

  • Protest: Minister Wike engages FCT youths, mobilises against joining hunger protest

    Protest: Minister Wike engages FCT youths, mobilises against joining hunger protest

    Youths-engagmenet–e1722212122303-1536×1113
    Cross section of participants during a ministerial engagement with FCT youths from Abuja South Federal Constituency, in Kwali Area Council of the FCT on Sunday. Photo: NAN

    The Minister of the Federal Capital Territory, Nyesom Wike, is mobilising Abuja youths and other stakeholders against joining the planned August 1 to 10 nationwide protests over hunger and hardship.

    Speaking during a ministerial engagement with FCT youths from Abuja South Federal Constituency, in Kwali Area Council of the FCT on Sunday, Wike said, ”Youths and other stakeholders in Bwari and Gwagwalada Area Councils will also be engaged on the same issue in the coming days.”

    The News Agency of Nigeria reports that a similar interaction was held with stakeholders in Abuja Municipal Area Council, in Abuja on Saturday.

    The minister explained that the interaction was to enlighten them on the ills of protest and why they should not be part of it.

    He thanked the traditional rulers and the area council chairmen for mobilising FCT youths for the interaction to enlighten them against joining a protest they do not have a stake in.

    “There is no need for the protest. The current administration is barely one year in office and not enough to assess its performance.

    “You can’t judge leadership within one year. I have not been in office for up to a year, but I have done so much that should be appreciated and convince people that FCT is working,” he said.

    The minister said that so much has been achieved in education, health and other sectors, particularly security.

    He urged residents to commend and encourage the security agencies to do more, adding that it would be unfair not to do so.

    “It is not fair to say we have not done anything on insecurity when we have improved security in FCT,” he said.

    He said that in view of the current development in the FCT, what was desired was peace and not protest.

    “We want peace in FCT and so, we cannot fold our hands and allow it to be destroyed in the guise of protest,” Wike said.

    On the proposed Federal Capital Territory University of Science and Technology, Abaji, the minister said that efforts were on top gear to ensure that the university was one of the best in the country.

    “I don’t want to set up a glorified university. I want to put up a university that we will all be proud to have and gladly tell the world that this is the university I attended.

    “We are currently on procurement to build classrooms; to build lecture theatres and laboratories for the university,” he said.

    Speaking on land matters, the minister said, “The problem of Abuja is land. Once you’re made a minister, it is as if you are coming to share land.

    “Nobody talks about development. Everybody is land, land, land, land, land. I feel so bad. Each time I am in my office, when 20 people come to see me,18 will talk about land.

    “Nobody will talk about infrastructure; nobody will talk about no hospitals; nobody will talk about no schools, everything is, I need 20 hectares of land and I say, ‘if you carry all this land, where will the indigenous people stay?”

    Wike urged youths to cooperate with the current government and stay away from the planned protests organised by people whose agenda was not so clear.

    NAN

  • Benue’s Alia accuses ‘Abuja politicians’ of banditry, killings

    Benue’s Alia accuses ‘Abuja politicians’ of banditry, killings

    Governor Hyacinth Alia of Benue State has accused those he described as Abuja politicians of being behind the armed banditry and killings in the Sankera axis of the state comprising Katsina-Ala, Ukum and Logo Local Government Area, LGAs, of the state.

    The Governor, who made the allegation Sunday after attending a thanksgiving service organised at the Chapel of Grace, Government House Makurdi, lamented that the bandits were homegrown and had taken up arms to kill their own.

    The Governor was reacting to recent attacks in Sankera which initially claimed six lives in Ukum LGA and triggered a violent protest and another cold-blooded murder of 18 in Katsina-Ala LGA as well as the viral video of bandits threatening to kill more in that axis and the move by his government to end the bloodletting.

    He likened the security situation in Sankera to an octopus saying, “I used that in the sense that we are talking about the composition of every frame and form of insecurity that has come up on the people of Ukum LGA.”

    According to him, “during my campaign, I told every faceless person in the three Senatorial zones who were creating instability in the state to sheathe their swords and that the new government was coming in to liberate them, to get them out of the bushes and stop them from killing their siblings. And that is what we have been trying to do.

    “Unfortunately when the political wing of it comes into the fray it kind of complicates what had been there. For many years there had been skirmishes of instability in the Ukum area.

    “And what pains me most is that the instability is never created by the invaders, it is not from the outsiders. It is the homegrown bandits who come out there to kill their fathers and mothers and their brothers and sisters, stopping them from going to the farm.

    “In other climes, if you are talking of insecurity you are fighting those who have come from outside trying to grab land and to destabilize the lives of the people in those areas. But in Ukum LGA and Sankera axis, this is a different and strange story.

    “But we cannot stop talking to them. I extended numerous olive branches to them to come out. I offered that for those who would want to go to school, the state is willing to sponsor them to recreate their lives and for those of them who are trade-inclined, we will help them acquire better skills to earn them good living.

    “So that we will help them fund the businesses they seek after acquiring the skills. By so doing, it will encourage them to come out of the bushes and stop destabilising the Local Governments and killing their own people.

    “Unfortunately, even those who were like inclined to come out were being attacked in the fight for superiority right there in the bushes. My anxiety and the deeper wounds I feel about this is that the so-called Abuja politicians are the ones sponsoring and supporting these young men.”

    The Governor noted that after the Ukum violent protest, “the very first thing we did was to set up a Judicial Panel of Inquiry. And it is already at work. So, there is no need to pre-empt anything yet. Once they comb and bring out all the facts, then we move from there. But as for the people, they have been watertight secured as I am speaking.“

    Vanguard

  • President Tinubu Sends ₦70,000 Minimum Wage Bill To NASS

    President Tinubu Sends ₦70,000 Minimum Wage Bill To NASS


    President Bola Tinubu on Tuesday transmitted a national minimum wage bill to the House of Representatives in the National Assembly for consideration and passage.

    The President and the leadership of the Organised Labour had last Thursday agreed on ₦70,000 as the new minimum wage for Nigerian workers.

    Information Minister Mohammed Idris had said “the new national minimum that Mr President is expected to submit to the National Assembly is ₦70,000”.

    The truce between the government and labour sides followed a series of talks between labour leaders and the President in the last few weeks after months of failed talks between labour organs and a tripartite committee on minimum wage constituted by the President in January.

    The committee, which comprised state and federal governments and the Organised Private Sector, had proposed ₦62,000 while labour insisted on ₦250,000 as the new minimum wage for workers who currently earn ₦30,000 as minimum wage.

    Labour had said ₦30,000 was unsustainable for any worker going by the economic vagaries of inflation and high cost of living which followed the removal of petrol subsidy by the President.

    Despite its initial insistence on ₦250,000 as the new minimum wage, Labour accepted the President’s offer of ₦70,000 last Thursday.

    The President of the Nigeria Labour Congress (NLC), Joe Ajaero, said Labour accepted ₦70,000 and rejected a proposal by President Bola Tinubu to pay ₦250,000 minimum wage on a condition to increase petrol prices.

    He also said Labour agreed to the ₦70,000 offer because minimum wage won’t be reviewed once in five years anymore but once every three years.

    The transmission of the wage bill came about six weeks after the President said in his Democracy Day speech on June 12, 2024, that an executive bill on the new national minimum wage for workers would be sent to the National Assembly for passage.

    Channels TV

  • Otti Charges Chinese Firm on Contributing to Growth of Host Community, Threatens Sanctions on Non-compliance

    Otti Charges Chinese Firm on Contributing to Growth of Host Community, Threatens Sanctions on Non-compliance


    Abia state Governor, Dr. Alex Otti has charged Inner Galaxy Steel Company, a Chinese firm operating in Abia State to evolve initiatives that can contribute positively to the socioeconomic growth of the host communities and the State in extension.

    Governor Otti was speaking during a meeting with the management of Inner Galaxy Steel Company and the Ukwa West Traditional Rulers Council held at the Governor’s residence.

    This followed a petition written by the Traditional Rulers Council of Ukwa West to the Governor against the company, which is sited in Umuahala-Obuzor, Ukwa West LGA, alleging acts of employees abuse and non-performance of corporate social responsibility by the company.

    The Governor said that the matter involving the company showed that there was no good communication between the company and the host communities.

    “Successful companies set up a host relations department, some people call it community relations, who interface between the company and the host community”.

    “It is not very good for it to be reported that you have not sat down with the leadership of your host community and if they write you letters you ignore those letters”.

    “The truth about it is that if the community is not there, you cannot exist. If the community is in turmoil, your business will be in turmoil no matter how much of security agencies you surround yourselves with”. Governor Otti stated.

    He urged the management of the company to conduct an internal audit to find out the exact amount their staff are being paid to address the issues being raised about the minimum wage it pays.

    The Governor said that the government’s resolve to broker peace between the company and the host community relied on its determination to encourage businesses in the state.

    He however said that the continued operation of the company in Abia would be based on its good behavior and in playing by the rules, respecting the host community, carrying out its cooperate social responsibility and paying taxes accordingly.

    The Governor stated that under his watch, Abia State Government would not tolerate any form of non-compliance to government directives.

    The Governor said that the government follows due process in addressing every matter and called for a meeting to give fair hearing to all the parties involved but warned that he would not tolerate any form of disrespect to government directives. According to the Governor, “The reality is that, if the government gives an instructions and it is not carried out, I will shutdown the place”.

    “I don’t joke, but I follow due process and this is the due process that we are following, by saying that the Mayor should coordinate periodic meetings between the company and the host communities.

    “The issues raised must be discussed in the meetings and the parties must comply. If they do not comply, I will bring out the big stick and nothing will happen”.

    “I am sure they have seen our government. It is a very serious minded government. We don’t cut corners, so if you are supposed to do something, you do it”.

    “Somebody was trying to pollute the waterway in Umuahia, I shut down the company and everything until they complied:.

    “The first thing to do is to listen to people and then give them room. So, you assume that everybody is innocent until they prove themselves guilty”.

    “We cannot pass a guilty judgement without giving them opportunity to fair hearing. I will not even tolerate it”.

    He enjoined the company to become a good corporate citizen by carrying out activities that would positively impact on its host community.

    “If a road is bad and the road leads to your company, there is something called corporate social responsibility”.

    “Our people say that charity begins at home and there is another saying that wherever you live as your home, that is where you will protect first”.

    He said that there were reports that the company uses the security agents attached to the company to harass the members of the host community and he charged the company to desist from encouraging such acts.

    Governor Otti further charged the management of the company to make concerted efforts to redeem its image because the company rarely elicits good remarks from members of the public.

    “This is the second time I am meeting with you and the first time, I told you that your name is not good because anytime your name is mentioned, it does not bring good remark from people”.

    “It means something is wrong and to add insult to injury, your staff was now involved in this one that I don’t want to talk about because it is still before the court”.

    “While you may not take responsibility as a company because any person that commits a crime takes responsibility for the crime, but it is not a good scene”. The Governor concluded.

    Governor Otti urged the company to hold quarterly meetings with the host community to improve the company’s engagements with the community and directed the Mayor of Ukwa West LGA, Mr Newman Azu, to coordinate the meetings, and ensure that reports from the meetings would be made available to him.

    In his remark, the Chairman of the Ukwa West Traditional Rulers Council, Eze Augustine Dike, said that the council had received reports that the company mistreats its employees and added that the community had not felt any developmental impact from the company.

    According to Eze Dike, “There are persons under their employment that are supposed to earn N30,000 but at the end of the month they are given N15,000”.

    “If you use the convenience, the company would surcharge you and the company does not have a healthy relationship with the host community and has not done anything in the community”.

    “They were using the Umuahala Road which leads to their company but immediately the road became impassable, they abandoned and created an entirely new access road for themselves”.

    He said that the community had written several letters to the company for dialogue but all the letters had been ignored by the company.

    The royal father further said that the decision to come to Gov. Otti was informed by the fact that he has the capacity to address the issue between the company and the community,

    Also, the Mayor of Ukwa West LGA, Mr. Newman Azu said that for the past six years, the company which is a conglomerate of five companies with the sixth one about to be set-up, had not paid a dime to the Ukwa West Local Government Council.

    He added that fundamental issues like pollution involving the company has been of utmost concern .

    “The only waterway of the local communities around there is being polluted on a daily basis directly from the activities of Inner Galaxy Steel Company”. he said.

    In his response, the Managing Director of the company, Mr Hongming Zhang said that staff welfare had remained a top priority in the company and the company ensures that it transacts it business in line with international best practices.

    “We have a record of the amount we pay our workers and it varies from N60,000 to N500,000 which is dependent on the job each staff performs”.

    “We provide accommodations for the staff that live in the compound and we have our canteen where staff can get food from using the meal tickets given to them by the company.

    “The company does not delight in firing people because it costs the company money to train workers to get the required expertise for the job”, he stated.

    He said that the company would make serious efforts to meet the demands of the community and improve its engagements with the host community. The meeting was attended by some members of the State Executive Council and other Governor’s appointees.

    Ctz. Ukoha Njoku Ukoha
    Chief Press Secretary to the Executive Governor.
    17-07-2024.

  • Enugu State, Diasporan Investors Seal $300m Africa Medical City Deal

    Enugu State, Diasporan Investors Seal $300m Africa Medical City Deal

    The Government of Enugu State has stated that it has sealed a deal to build an over $300 million state-of-the-art medical city in the state with a group of Nigerians in the diaspora.

    According to a government issued statement, the medical city, which would play in all the value chain of medical services to make Enugu State the hub of medical tourism on the African continent, will see the state provide 100 hectres of land in consideration for which it would get a 10 per cent equity stake in the Special Purpose Vehicle, SPV, for the development.

    Welcoming the executive and management of African Medical City to the Government House, Enugu, Governor Peter Mbah said that the development was in line with his campaign promise to grow the state’s economy from $4.4 billion to $30 billion and also make the state the premier destination for business, investment, tourism, and living.

    He assured the investors, who are mostly Nigerian medical doctors based overseas, that the state government would discharge its obligations with dispatch to ensure a timely realisation of the initiative, blaming lack of modern facilities for the over $1 billion, which Nigerians are estimated to spend on medical tourism annually.

    “What we are witnessing here today is monumental, and we cannot take the value and the significance of it for granted. This is in line with the humongous promise we made to our people during our campaign for office to grow our GDP exponentially from $4.4 billion to $30 billion.

    “But we recognised that a lot of that growth will come from the private sector; and we also recognised that it has to be enabled by the government. So, our strategy was to have a government-enabled, but private sector-driven economy.

    “So, coming to Enugu with an investment size of over $300 million, we knew it was something that must not escape us when we heard of it. We must do everything necessary to ensure that the investment is not only sitting here, but that we also recruit you as one of our testimonials, people who can market Enugu based on your experience in terms of how we made it easy for you to come here and invest and how we have also shown transparency, accountability and integrity in the entire process.

    “You can be assured that we will discharge all those obligations creditably,” the governor said.

    Speaking, Chairman of the African Medical City, Dr. Ethelbert Nwanegbo, said the group was attracted to Enugu by the investment and ease of doing business push by the present administration in the state.

    “What we are trying to do here is to establish a medical city. A medical city is not just a medical building, to be sure. So, when we think of Africa, we think of Nigeria and think of yesterday.

    “We are not looking at the Enugu State of yesterday, but Enugu State of the future. And there is no better time for us to institute this, and there is no better place to establish the African Medical City than Enugu State. That is why we are proudly here, and we are proud to make this place our home.

    “I believe that what this project is going to do to the economy of this state in the future, there is no other state that can stand the chance, especially in the areas of GDP, employment, welfare of our young and older parents and health status in the West African region,” he stated.

    In his remark, the President/CEO of African Medical City, Dr. Uchenna Ogbozor, assured that the organisation would hit the ground running.

    “African Medical City is a big organisation and we have 21 members as it stands today. So, I want to commend our members, including those that are not here, for their financial commitment and capabilities.

    “We are looking at this investment to be an over $300 million investment. The government is giving us 100 hectres of land, representing 10 per cent of the investment.

    “We thank His Excellency for giving us that kind of support. We hope that in few weeks time, we will come back again, to advance the development plans in earnest” he stated.

    Also on the AMC delegation was Mr. Joseph Michael Budetti, a financial advisor.

  • Tinubu to attend African Union meeting in Ghana

    Tinubu to attend African Union meeting in Ghana

    President Bola Tinubu will depart for Accra, Ghana on Saturday, July 20, to attend the Sixth Mid-Year Coordination Meeting of the African Union (AU).

    As chairman of the ECOWAS Authority of Heads of State and Government, President Tinubu will address the meeting on regional integration, highlighting achievements and challenges in West Africa.

    The meeting, convened under the AU theme “Educate and Skill Africa for the 21st Century,” aims to align the work of the AU and Regional Economic Communities (RECs) to coordinate the implementation of the continental integration agenda.

    According to a statement issued on Friday by his Special Adviser on Media and Publicity, Ajuri Ngelale, President Tinubu will present the “2024 Report on the State of the Community,” focusing on peace, regional security, governance, economic integration, and humanitarian development.

    The agenda includes evaluating the AU’s conflict prevention mechanisms and promoting cooperation among regional economic communities.

    “President Bola Tinubu will on Saturday, July 20, depart Abuja for Accra, Ghana, to participate in the Sixth Mid-Year Coordination Meeting of the African Union (AU), the Regional Economic Communities (RECs), the Regional Mechanisms (RMs), and the African Union Member States.

    “In his capacity as the Chairman of ECOWAS Authority of Heads of State and Government, President Tinubu will address the meeting on the status of regional integration across various areas in Africa, highlighting the achievements and challenges encountered in West Africa since the last meeting in Nairobi, Kenya, in July 2023.

    “The President and Chairman of ECOWAS will present the ‘2024 Report on the State of the Community’, focusing on peace, regional security, governance, economic integration, humanitarian and social development, energy, mines, and agriculture.

    “The meeting will be convened under the AU theme of the year 2024: ‘Educate and Skill Africa for the 21st Century.

    “The Mid-Year Coordination Meeting was conceptualized in 2017 as the principal forum for the AU and the RECs to align their work and coordinate the implementation of the continental integration agenda, replacing the June/July summits.

    “In July 2023, President Tinubu, who was then elected as the Chairman of ECOWAS, delivered his maiden speech at the AU Fifth Mid-Year Coordination Meeting in Nairobi, Kenya, where he affirmed Africa’s strength and the need for unity.

    “In Accra, the items on the agenda will include evaluating the AU’s early warning and conflict prevention mechanisms and promoting cooperation among regional economic communities to accelerate integration.

    “A declaration will be adopted at the end of the meeting.

    “President Tinubu, who will be accompanied by senior government officials, will return to the country at the conclusion of the meeting”, the statement said.

    Nation