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Maximise Value From Our National Assets For Benefit Of Nigerians, VP Shettima Charges NCP
Maximise Value From Our National Assets For Benefit Of Nigerians, VP Shettima Charges NCP
By: Our Reporter
Vice President Kashim Shettima has charged members of the National Council on Privatisation (NCP) to strive towards maximising value from the nation’s core national assets for the benefit of Nigerians.
Specifically, he noted that the nation’s core national assets are critical to the economic agenda of President Bola Ahmed Tinubu’s administration.
The Vice President who stated this on Tuesday during the 4th meeting of the NCP held in his office at the Presidential Villa, Abuja, urged members to provide constructive leadership for Nigerians, cautioning that posterity will judge them kindly if they make efforts to be fair to the citizens.
VP Shettima charged members of the council to play active roles in unlocking national prosperity that President Bola Ahmed Tinubu works towards every day.
The Vice President said, “The work of this council has never been more important, especially given our current economic climate. Maximising value from core national assets is a key tenet of the economic agenda of President Bola Ahmed Tinubu, and we must, as a council, play our part in unlocking the national prosperity that Mr President works towards every day.
“The agenda today is heavily packed; the items range from very important post-privatization matters to critical sector reform issues that typify the indelible contributions the bureau and this council continue to make towards the attainment of our national aspirations.
“I encourage members of the council to contribute strongly to our discussions today. Posterity will judge us kindly if we make efforts to be fair to the Nigerian people. Our people need our leadership. People will pass judgement on our decisions in years to come,” the VP added.
During the meeting, Council received report presentations from its finance, technical and legal committees which were all approved and ratified.
In his presentation to Council, the Director General of the Bureau Public Enterprises (BPE), Mr Ayodeji Gbeleyi, sought the approval of the NCP for the proposed 2025 work plan of the Bureau, prioritizing revenue-generating projects and strengthening of concession management capacity, among others.
Also in his presentation, the DG gave an update on the establishment of the Nigerian Independent System Operator (NISO) to the National Council on Privatisation aimed at improving grid management, transparency and reliability.
Council also received update reports on the restructured Kano, Kaduna, Benin and Ibadan Electricity Distribution Companies as well as the Nigerian Electricity Regulatory Commission orders on the transfer of regulatory oversight of electricity markets in Edo, Enugu, Ekiti, Imo, Kogi, Oyo and Ondo States.
Other important update reports at the meeting included operations at the Zungeru Hydropower Plant; Kainji and Jebba Hydroelectric Power Plant, and the proposal to relocate 4 turbines from Afam power plant to Ughelli power plant, all in a bid to increase power supply to the national grid.
Present at the meeting were the Ministers of Budget and Economic Planning, Sen. Abubakar Bagudu; Power, Mr Adebayo Adelabu; Water Resources and Sanitation, Prof. Joseph Utsev, as well as other members of the NCP.
Maximise Value From Our National Assets For Benefit Of Nigerians, VP Shettima Charges NCP
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MAN OF THE YEAR Award By THISDAY Newspapers/ARISE Media Group
MAN OF THE YEAR Award By THISDAY Newspapers/ARISE Media Group
CELEBRATING PRESIDENT BOLA TINUBU
The President/Commander in Chief of the Armed Forces of the Federal Republic of Nigeria, His Excellency, Bola Tinubu, has been announced “MAN OF THE YEAR” by THISDAY Newspapers and ARISE News Board of Editors.
The prestigious recognition reaffirmed Mr. President’s exemplary leadership, visionary thinking, and unwavering commitment to transforming the country amid mounting economic and security challenges.
The awards organisers also noted that the President has marched on with courage and determination to change Nigeria for the better, and proven to be a leader who is driven more by convictions and taken decisions which are in the best interest of the nation.
To commemorate this milestone, THISDAY is unveiling a Special Edition on Monday, January 27, 2025, to afford the President’s
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MAN OF THE YEAR Award By THISDAY Newspapers/ARISE Media Group
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Nigeria Commiserates with Türkiye Over Devastating Fire Incident
Nigeria Commiserates with Türkiye Over Devastating Fire Incident
By: Michael Mike
Nigerian government has commiserated with the government and people of Türkiye over the fire incident at the Grand Kartal Hotel in the Kartalkaya Ski Resort that resulted in the death of 66 persons injured over 50 others.
The condolence message was contained in a statement signed by the acting spokesperson of the federal ministry of foreign affairs, Kimiebi Ebienfa.
The statement read: “The Federal Republic of Nigeria wishes to express deep condolence to the Government and People of the Republic of Turkiye over the unfortunate fire incident at the Grand Kartal Hotel in the Kartalkaya Ski Resort.
“The fire, which claimed the lives of 66 persons and injured over 50 others in Bolu Province in Northwestern Turkiye, was reported to have started in the early hours of Tuesday 21st January 2025.
“The Federal Government of Nigeria sympathizes with the Government of the Republic of Turkiye and the families of the victims of the fire incident, and also wishes a speedy recovery of the injured.”
Nigeria Commiserates with Türkiye Over Devastating Fire Incident
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Yobe’s Commitment To Agric. Development very Impressive -Islamic Development Bank
Yobe’s Commitment To Agric. Development very Impressive -Islamic Development Bank
By: Mamman Mohammed
The Islamic Development Bank has expressed satisfaction with the preparedness of Yobe state government to partner the bank for an agricultural project.
Mr. Javed khan, Senior Agriculture Specialist of the Bank stated this at a courtesy call on Governor Mai Mala Buni CON, at the Government House, Damaturu.
Khan said the commitment of Yobe state government to meeting its obligations is quite impressive and encouraging.
Khan who led a team from the bank on assessment tour of the state to see for itself the documents developed and the preparations on ground for the project, said the team was convinced with government’s committment to the project.
“We were initially discouraged not to come to Yobe state citing insecurity but, we insisted on coming and are impressed with the peace and security, and the government’s commitment to the project.
“We are working towards a target in the next three months for the state to obtain approval from the bank for the project.
“The working synergy between our team and your team suggests that we will achieve our target within the stipulated time frame” Khan said.
Responding, Governor Buni commended the Bank for not listening to the enemies of progress of the state.
“l am glad you did not listen to them, some of whom have never been anywhere close to Yobe state but giving stories about what they don’t know.
“You are now here and you have seen things for yourselves and can tell the story better. We are ready for this partnership using agriculture to drive the economy of our state and the people.
“All the 17 local government areas in the state are now accessible and the people can access their farms and make this proposed project successful” Buni said.
The Governor explained the importance of agriculture to the people, adding “this project would guarantee food security and economic prosperity in our post insurgency recovery programme.
“The resilience exhibited by our people in embracing agriculture being their major preoccupation to rebuild their lives after the protracted insecurity is very encouraging and need to be supported” he said.
The Governor re-ephasized the readiness of his administration to partner the bank to make agricultural development in the state a huge success story.
Yobe’s Commitment To Agric. Development very Impressive -Islamic Development Bank
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