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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
Six die, 12 injured in Kwara road crash
By: Zagazola Makama
Six persons have been confirmed dead and 12 others injured in a fatal road traffic accident along the Okolowo–Jebba expressway in Kwara State.
Police sources said the accident occurred at about 6:00 a.m. on April 2 near Danjuma Bakery area, involving a Toyota Hummer bus and a stationary truck.
According to the sources, the bus with registration number BTR-161-XA was conveying 18 passengers from Lagos State to Katsina State when it rammed into a parked truck with registration number BUU-495-ZD.
The truck was reportedly driven by Kamarudeen Abdullahi, said to be from Jos North Local Government Area of Plateau State.
The impact of the collision resulted in the death of six passengers on the spot, while 12 others sustained varying degrees of injuries.
The injured victims were rushed to the University of Ilorin Teaching Hospital, Oke-Oyi, for medical attention, while the remains of the deceased were deposited in the hospital morgue for autopsy.
Police said investigation had commenced to determine the circumstances surrounding the crash.
Six die, 12 injured in Kwara road crash
Troops neutralise three suspected terrorists in Plateau
By: Zagazola Makama
Troops of Sector 2 Operation Enduring Peace have neutralised three suspected terrorists during an ambush operation at Karem village in Wase Local Government Area of Plateau State.
Security sources said the operation was carried out at about 9:00 p.m. on April 2 following credible intelligence on the movement of armed men on three motorcycles heading towards the community.
The sources disclosed that troops swiftly mobilised and laid an ambush along the route leading into the village.
“Contact was made with the terrorists, and troops engaged them with superior firepower, resulting in the neutralisation of three of the assailants,” the source said.
He added that a follow-up exploitation of the scene led to the recovery of the bodies of the neutralised suspects.
However, no weapons or motorcycles were recovered, as fleeing members of the group were believed to have evacuated them during the encounter.
The source said efforts were ongoing to track and intercept the fleeing suspects, with troops maintaining high morale and operational readiness.
Troops neutralise three suspected terrorists in Plateau
Gunmen attack Zamfara governor’s chief of staff, occupants escape unhurt
By: Zagazola Makama
Gunmen suspected to be bandits on Thursday evening opened fire on the convoy of the Chief of Staff to the Zamfara State Governor, Alhaji Mouktar Lugga, along the Funtua–Gusau highway.
The incident occurred at about 6:16 p.m. near Kucheri village while Lugga was returning to Gusau from an official engagement.
Sources said the assailants emerged from both sides of the road and opened fire on the vehicle conveying the chief of staff, his driver and two other occupants.
A bullet reportedly pierced the vehicle’s windshield and narrowly missed the driver, while another attacker attempted to fire at close range but the weapon failed to discharge.
Despite the attack, the driver managed to steer the vehicle out of the ambush, and all occupants escaped unhurt.
Gunmen attack Zamfara governor’s chief of staff, occupants escape unhurt
Police arrest newly recruited suspected ISWAP member in Kwara
Six die, 12 injured in Kwara road crash
Troops neutralise three suspected terrorists in Plateau
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