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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
Army, DSS arrest notorious cultist, gunrunner in Cross River, recover weapons
By: Zagazola Makama
Troops of 13 Brigade, in collaboration with the Department of State Services (DSS), have arrested a suspected cultist and gunrunner during a raid operation in Ikom Local Government Area of Cross River State.
Security sources said the operation was carried out at about 1:10 a.m. on April 3 along Effangha Spring Road in Ikom.
The sources disclosed that the suspect, who hails from Khana Local Government Area of Rivers State, was apprehended during the coordinated raid.
According to the sources, troops recovered one revolver pistol, one sword, two laptops, four mobile phones, one digital camera, one wristwatch, three identity cards, and a sack of garri allegedly used to conceal the weapon.
The suspect and recovered items have since been handed over to the DSS for further investigation and possible prosecution.
Security authorities said the operation is part of ongoing efforts to curb cult-related violence and illegal arms circulation in the South-South region.
Army, DSS arrest notorious cultist, gunrunner in Cross River, recover weapons
Gunmen kill village head, wife in Adamawa, son hospitalised
By: Zagazola Makama
Unknown gunmen have killed a village head and his wife in Tunga Waja community, Lamurde Local Government Area of Adamawa State.
Security sources said the incident occurred at about 8:50 p.m. on April 2, when the assailants attacked the residence of the village head and opened fire on him, his wife and their son.
The sources disclosed that the village head died on the spot, while his wife and son sustained gunshot wounds and were evacuated to a medical facility in Tingno for treatment.
According to the sources, the wife later died at the hospital, while the son is currently receiving treatment.
The motive behind the attack remains unclear, while efforts are ongoing to identify and apprehend the perpetrators.
The incident has heightened concerns among residents, as security agencies intensify efforts to restore calm and prevent further attacks in the area.
Gunmen kill village head, wife in Adamawa, son hospitalised
Three soldiers injured in road accident during pursuit of bandits in Kaduna
By: Zagazola Makama
Three soldiers have sustained injuries following a road traffic accident during an encounter with suspected armed bandits in Birnin Gwari Local Government Area of Kaduna State.
Security sources said the incident occurred at about 3:00 p.m. on April 2, when troops of 2 Battalion deployed at Forward Operating Base Dogon Dawa were returning from an administrative patrol.
The sources explained that the troops reportedly sighted a group of armed bandits attempting to block the road at Ngede Allah and engaged them, forcing the criminals to flee.
During the pursuit, however, three soldiers fell off a military gun truck and sustained varying degrees of injuries, including fractures to the hand and leg.
The injured personnel were immediately evacuated to the 44 Nigerian Army Reference Hospital in Kaduna, where they are currently receiving treatment and responding positively.
Security operations in the area have continued as troops maintain pressure on criminal elements within the axis.
Three soldiers injured in road accident during pursuit of bandits in Kaduna
Man O’ War personnel reports abduction of female colleague in Bayelsa
Army, DSS arrest notorious cultist, gunrunner in Cross River, recover weapons
Gunmen kill village head, wife in Adamawa, son hospitalised
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