News
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
Troops Intervene in Farm Destruction Incident in Plateau
By: Zagazola Makama
Troops of Sector 3 of Operation Enduring Peace intervened in a reported case of farm destruction caused by cattle grazing in Bassa Local Government Area of Plateau State.
Security sources said the troops responded at about 1:30 p.m. on May 19 following a report that farmland belonging to one Bitrus Isah had been damaged by cattle allegedly owned by one Abdul Abu at Rigochongo village.
On arrival at the scene, the troops reportedly intercepted 49 cows and nine sheep grazing on the farmland without any herder present.
The livestock were secured to prevent further destruction and escalation of tension in the community.
Security sources said both parties involved were subsequently invited for amicable resolution of the dispute in order to maintain peace and prevent reprisal actions.
Authorities added that the intervention formed part of ongoing efforts to manage farmer-herder-related conflicts and sustain harmony across communities in Plateau State.
Troops Intervene in Farm Destruction Incident in Plateau
Troops Foil Kidnapping Attempt, Rescue Injured Victim in Kaduna
By: Zagazola Makama
Troops of Sector 7, Sub-Sector 71 of Operation Enduring Peace have foiled a kidnapping attempt along a highway in Sanga Local Government Area of Kaduna State.
Security sources told Zagazola that the incident occurred at about 12:15 a.m. on May 21 when troops deployed at Ungwan Gora checkpoint responded to distress information on suspected kidnappers operating along the road at Ungwan Dariya village.
The troops reportedly moved swiftly to the location, forcing the suspected kidnappers to abandon their mission and flee into surrounding areas.
During the operation, one victim was rescued with injuries sustained during the attack.
The victim was immediately evacuated to Confidence Hospital, Fadan Karshi, for medical treatment.
Security sources said efforts were ongoing to track and apprehend the fleeing suspects, while patrols had been intensified along the axis to prevent further incidents.
Troops Foil Kidnapping Attempt, Rescue Injured Victim in Kaduna
Suspected Kidnap Collaborator Dies in Custody After Arrest in Nasarawa
By: Zagazola Makama
A suspected collaborator of kidnappers has died after becoming unconscious while in military custody in Nasarawa State.
Security sources said troops of Sector 2 under Operation Whirl Stroke (OPWS) intercepted the suspect at about 7:00 a.m. on May 19 at Ancha community in Akwanga Local Government Area.
The suspect was reportedly apprehended at Anguwan Makama following allegations of involvement in activities linked to kidnapping operations in the area.
During preliminary interrogation, the suspect reportedly became unconscious.
He was immediately evacuated to Nunku Primary Health Care Centre for medical attention, where he was confirmed dead by health officials.
Sources added that the remains of the deceased were released to his family for burial in accordance with local customs.
Security authorities said further assessment would continue in line with standard procedures, while operations against kidnapping networks in the area remain ongoing.
Suspected Kidnap Collaborator Dies in Custody After Arrest in Nasarawa
Troops Raid Criminal Hideouts, Arrest 10 Suspects in Plateau
Troops Disrupt Illegal Mining Activities in Plateau
Troops Arrest Wanted Kidnap Suspect Linked to Abduction of Retired Colonel in Plateau
Roger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
THE PLIGHT OF FARIDA
FAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS
-
News2 years agoRoger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
-
Opinions4 years ago
THE PLIGHT OF FARIDA
-
News1 year agoFAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS
-
News2 years agoEYN: Rev. Billi, Distortion of History, and The Living Tamarind Tree
-
Opinions4 years agoPOLICE CHARGE ROOMS, A MINTING PRESS
-
ACADEMICS2 years agoA History of Biu” (2015) and The Lingering Bura-Pabir Question (1)
-
Columns2 years agoArmy University Biu: There is certain interest, but certainly not from Borno.
-
Opinions2 years agoTinubu,Shettima: The epidemic of economic, insecurity in Nigeria
