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NCP HITS GROUND RUNNING, SETS UP COMMITTEE ON RESTRUCTURING OF BANK OF AGRICULTURE
NCP HITS GROUND RUNNING, SETS UP COMMITTEE ON RESTRUCTURING OF BANK OF AGRICULTURE
*Approves completion of Zungeru hydroelectric power plant concession
*Ratifies NCP standing committees
By: Our Reporter
In a bid to ensure better service delivery in line with the Renewed Hope Agenda of the Tinubu administration, the National Council on Privatization (NCP) has set up an ad hoc committee to fast-track the restructuring and resuscitation of the Bank of Agriculture (BOA).
The Vice President, Sen. Kashim Shettima, who chaired the maiden meeting of the reconstituted NCP at the Presidential Villa, Abuja, emphasised the importance of the tasks before the new Council, particularly the rejuvenation of BOA, among others.
Speaking after the presentation of the agenda and matters arising by the Director General of the Bureau of Public Enterprises (BPE), Dr Alex Okoh, the VP listed the composition of the ad hoc committee, saying a lot will depend on the decisions of the Council in the months ahead.
“We have to make some far-reaching decisions on the restructuring of the Bank of Agriculture because the bank will be critical to the realization of the Renewed Hope Agenda of the Tinubu administration. It is very important for us and for this administration,” he noted.
According to the Vice President, the Finance Minister, Mr Wale Edun will Chair the ad hoc committee, while members include, Minister of Agriculture and Food Security, Sen. Abubakar Kyari; Minister of Budget and Economic Planning, Sen. Atiku Bagudu; CBN Governor, Dr Yemi Cardoso; Rep of the Ministry Of Finance Incorporated (MOFI); Chairmen of the NCP Technical and Legal Committees; a member of the NCP, Alhaji Mohammed Mustapha Bintube, and the DG BPE will serve as Secretary.
VP Shettima urged the committee to come up with a roadmap for the resuscitation of the BOA, among other resolutions.
The Vice President had earlier in his opening address set the tone for the deliberations, urging members to take every task seriously. “We will be meeting more frequently because we have to support the President to execute the Renewed Hope Agenda,” he noted.
The Council also approved the completion of the concession of the 700MW Zungeru Hydroelectric Power Plant and particularly directed the opening of a dedicated account at the Debt Management Office for the payment of the concession fees by the concessionaire.
Vice President Shettima directed the CBN governor to commence the opening of the account at the DMO as proposed by the BPE.
Yet another major decision taken at the meeting was the ratification of constituted standing committees for the Council, comprising the Technical, Stakeholder Engagement, Finance and Legal committees.
Also approved at the maiden NCP meeting was the 2024 work plan of the Bureau of Public Enterprises (BPE) covering its privatization activities and participation in international forums to attract interest in the country’s privatization programme.
Present at the meeting were the Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun; Minister of Agriculture and Food Security, Sen. Abubakar Kyari; Minister of Budget and Economic Planning, Sen. Abubakar Bagudu; Minister of Steel Development, Shuaibu Audu; Minister of Transportation, Sen. Sa’idu Alkali; CBN Governor, Dr Yemi Cardoso, and Chairman of the reconstituted Technical Committee, Mr Oye Odukale, among other Council members.
NCP HITS GROUND RUNNING, SETS UP COMMITTEE ON RESTRUCTURING OF BANK OF AGRICULTURE
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Buni commends Balarabe for his humanitarian contributions in Yobe
Buni commends Balarabe for his humanitarian contributions in Yobe
By: Yahaya Wakili
Yobe State Governor Hon. Mai Mala Buni CON, COMN, has commended the Managing Director/Chief Executive Officer of Sologuru Nigeria Limited, Alhaji Abdullahi Balarabe DJ Nguru, for his extraordinary humanitarian contribution to the reconstruction and modernization of Rugar Balarabe in the Nguru local government area of Yobe State.
Governor Buni made the commendation in a letter of appreciation personally written by him to Balarabe DJ, saying, “Your selfless decision to transform the site of the burnt Fulani settlement into a state-of-the-art community is a landmark achievement in private philanthropy.”
According to Buni, the comprehensive nature of the facilities provided, including modern two-bedroom residences, a functional clinic, a community mosque, solar-powered boreholes, and full solar electrification for both houses and streets, is truly commendable.
“By donating these essential amenities entirely free of charge, you have not only restored the dignity of the displaced families but have also significantly advanced our administration’s rural revitalization agenda,” Buni said.
“Your forward-thinking approach to sustainable infrastructure sets a high standard for civic leadership in Yobe State, and I thank you for your unwavering patriotism and commitment to the welfare of our citizens.
He revealed that it is my hope that your generous spirit serves as an inspiration to others.
Buni commends Balarabe for his humanitarian contributions in Yobe
News
Troops neutralise 16 terrorists, recover cache in Borno ambush
Troops neutralise 16 terrorists, recover cache in Borno ambush
By: Zagazola Makama
Troops of Joint Task Force North-East (JTF-NE) under Operation Hadin Kai and Operation Desert Sanity V have neutralised 16 suspected terrorists during an ambush in Borno State.
Zagazola learnt that the operation was carried out by troops of Sector 1 in conjunction with members of the Civilian Joint Task Force (CJTF), Hybrid Forces and local hunters.

According to the sources, the ambush was sprung at about 8:10 p.m. on Sunday at Komala Exchange Point, following a failed attack on Auno and credible intelligence on the movement of the same terrorist logistics elements.
“The troops, working with CJTF and other local components, successfully neutralised 16 terrorists and recovered a cache of arms, ammunition and logistics items,” the source said.
Items recovered from the scene included 62 wrappers, 76 pairs of shoes and slippers, 18 bicycles, 275 sachets of detergent, 50 packs of sweets, assorted local fragrances, milk sachets, vaseline, washing soap, groundnuts, seasoning, fruit drinks, palm oil and groundnut oil, mats, spaghetti, thread, matches, cups and spoons, sieves, flour, salt, bicycle tyres and equipment, sugar, cosmetics, local herbs and a cooler, among other items.
The sources said the recovered items were believed to be logistics supplies meant to sustain terrorist elements operating in the area.
Troops neutralise 16 terrorists, recover cache in Borno ambush
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Bandits injure four in Maradun, Zamfara
Bandits injure four in Maradun, Zamfara
By: Zagazola Makama
Four people have been injured following an armed bandits’ attack on Kaya Faru Village in Maradun Local Government Area of Zamfara State.
Sources said that the incident occurred on Feb. 10 at about 6:00 p.m.
According to the sources, the attackers shot and injured one Bello Yari and three others before fleeing to their hideouts.
“On receipt of the report, operatives visited the scene, and the injured victims were rushed to the General Hospital, Talata Mafara, for medical treatment,” the sources said.
Bandits injure four in Maradun, Zamfara
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