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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
Troops arrest suspected kidnapper in Damboa LGA of Borno
By: Zagazola Makama
Troops of Operation Hadin Kai have arrested a suspected kidnapper in Azir community, Damboa Local Government Area of Borno State.
Sources told Zagazola Malama that the suspect was apprehended at about 5:00 p.m. on March 28 by troops of 25 Brigade and 19 Battalion (Mechanised) deployed at a Forward Operating Base in Azir.
The source disclosed that the suspect was alleged to have been involved in kidnapping activities within the Damboa and Azir general areas.
“During preliminary investigation, the suspect claimed to be a cattle courier operating within Damboa and its environs,” the source said.
He added that one bicycle was recovered from the suspect at the point of arrest.
The suspect and the recovered item are currently in troops’ custody for further investigation and necessary action.
Troops arrest suspected kidnapper in Damboa LGA of Borno
Troops arrest 58 illegal miners in Edo state
By: Zagazola Makama
Troops of Operation MESA have arrested 58 suspected illegal miners at an illegal gold mining site in Ososo general area, Akoko-Edo Local Government Area of Edo State.
A security source disclosed that the suspects were apprehended at about 1:00 p.m. on March 28 during a fighting patrol conducted by troops of 195 Battalion (Rear).
According to the source, the troops stormed the mining site and arrested the suspects without resistance.
“The suspects are currently in troops’ custody for further action,” the source said.
He noted that the operation forms part of ongoing efforts to curb illegal mining activities and other criminal enterprises within Edo State and its environs.
Troops arrest 58 illegal miners in Edo state
Army troops arrest two suspected Boko Haram logistics suppliers in borno
By: Zagazola Makama
Troops of Operation Hadin Kai, in collaboration with operatives of the Joint Intelligence Fusion Centre (JIFC), have arrested two suspected logistics suppliers to Boko Haram terrorists in Gubio town, Borno State.
A military source disclosed that the suspects, identified as Mal Bunu Gojemi and Zanna Alhaji Mallam, were apprehended at about 11:30 a.m. on Saturday during a joint logistics strangulation operation conducted by troops in the area.
According to the source, the suspects confessed during preliminary interrogation to being long-time suppliers of logistics to the Boko Haram.
Items recovered from them include three mobile phones, a traditional cap, and the sum of N40,000.
“The suspects have since been handed over to operatives of the Joint Intelligence Fusion Centre for further investigation,” the source said.
He added that the operation was carried out without any incident.
The Nigerian Army and other security agencies have continued to intensify operations aimed at cutting off logistics supply chains to insurgents as part of ongoing counter-terrorism efforts in the North-East.
Army troops arrest two suspected Boko Haram logistics suppliers in borno
Troops arrest suspected kidnapper in Damboa LGA of Borno
Troops arrest 58 illegal miners in Edo state
Army troops arrest two suspected Boko Haram logistics suppliers in borno
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