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 rescue three kidnapped victims in Zamfara
By: Zagazola Makama
Troops of the Nigerian Army have rescued three kidnapped victims during a fighting patrol in Tsafe Local Government Area of Zamfara State.
Security sources told Zagazola that the operation was conducted on April 25 at about 9:00 p.m. by troops of 1 Brigade in collaboration with hybrid forces deployed at Kulchin Kalgo.
The sources said the troops advanced to Bilbis area following intelligence on the presence of terrorists and made contact with the armed group.
According to the sources, the troops engaged the criminals in a firefight, forcing them to flee and abandon three kidnapped victims in the process.
The rescued victims were subsequently handed over to the district head of Bilbis for safe custody and further reunification with their families.
The sources added that the troops have continued exploitation of the area to track fleeing suspects, while the general security situation remains under close monitoring.
Troops rescue three kidnapped victims in Zamfara
Troops arrest suspects, rescue kidnap victim in Benue
By: Zagazola Makama
Troops of Operation Whirl Stroke (OPWS) have arrested two suspected kidnappers and rescued a victim in Gwer East Local Government Area of Benue State.
Security sources said that the incident occurred on April 25 at about 10:30 a.m., when troops deployed at Agidi responded to reports of a kidnap incident in Abenga and Mabur communities.
The sources said the troops swiftly mobilised to the area and made contact with the suspected kidnappers, engaging them during the operation.
According to the sources, the troops overpowered the criminals, leading to the arrest of two suspects and the rescue of one kidnapped victim.
The sources added that the apprehended suspects and the rescued victim have been handed over to the Nigeria Police for further investigation and necessary action.
They assured that security forces will continue to intensify operations to curb kidnapping and other criminal activities in the state.
Troops arrest suspects, rescue kidnap victim in Benue
Troops, DSS arrest suspected IPOB/ESN member in Enugu raid
By: Zagazola Makama
Troops of the Nigerian Army, in collaboration with operatives of the Department of State Services (DSS), have arrested a suspected member of the Indigenous People of Biafra (IPOB) and its armed wing, the Eastern Security Network (ESN), during a raid in Enugu State.
Sources said that the operation was carried out on April 25 at about 6:20 p.m. by troops of 82 Division Garrison, 103 Battalion and 197 Special Forces Battalion.
The sources said the joint team conducted the raid at Obinofia Ndiagu village, where one suspected IPOB/ESN operative was apprehended.
According to the sources, three mobile phones were recovered from the suspect during the operation.
They added that the suspect and recovered items are currently in the custody of the 82 Military Intelligence Brigade for further investigation and necessary action.
The sources noted that the operation is part of ongoing efforts by security agencies to dismantle criminal networks and restore peace in the South-East.
Troops, DSS arrest suspected IPOB/ESN member in Enugu raid
Troops rescue three kidnapped victims in Zamfara
Troops foil kidnap attempt, rescue victim in Kaduna
Troops arrest 10 suspects in Benue offensive operation
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
