Connect with us

News

NCP HITS GROUND RUNNING, SETS UP COMMITTEE ON RESTRUCTURING OF BANK OF AGRICULTURE

Published

on

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

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Troops Kill Two Terrorists, Rescue 62 Abducted Persons in North-West Operations

Published

on

Troops Kill Two Terrorists, Rescue 62 Abducted Persons in North-West Operations

By: Michael Mike

Troops of the Joint Task Force North West under Operation FANSAN YAMMA have recorded significant operational gains with the killing of two suspected terrorists in Kebbi State and the rescue of 62 abducted persons in Zamfara State.

The coordinated operations, carried out by troops operating under Sector 2, were based on credible intelligence and involved close collaboration with other security agencies and local vigilante groups.

In Kebbi State, the troops ambushed suspected members of the Lakurawa terrorist group around Kerani village, near the boundary between Augie Local Government Area of Kebbi State and Binji Local Government Area of Sokoto State. During the operation, two of the suspects were neutralised, while two motorcycles believed to have been used for criminal operations were recovered. The suspects were reportedly dressed in camouflage outfits, and the motorcycles were modified for long-distance movement.

In a separate operation in Zamfara State, the troops raided Munhaye Forest, a known criminal hideout, following intelligence that several kidnapped victims were being held in the area. The operation led to the successful rescue of 62 abducted persons, who have since been moved to a secure location.

Military authorities said arrangements are ongoing to reunite the rescued victims with their families, while efforts continue to track and dismantle remaining criminal elements operating in the forests and border communities.

The military noted that the latest successes reflect the sustained commitment of Operation FANSAN YAMMA to restoring peace and improving security across the North-West region.

The development was disclosed in a statement issued on Wednesday by Lieutenant Colonel Olaniyi Osoba, Acting Deputy Director, Army Public Relations, 8 Division Nigerian Army, Sector 2, Operation FANSAN YAMMA.

Troops Kill Two Terrorists, Rescue 62 Abducted Persons in North-West Operations

Continue Reading

News

NHRC Condemns Killing of Woman, Six Children in Kano

Published

on

NHRC Condemns Killing of Woman, Six Children in Kano

By: Michael Mike

The National Human Rights Commission (NHRC) has condemned the brutal killing of Mrs. Fatima Abubakar and her six children in Dorayi Chiranchi Quarters, Kano State, describing the incident as a gross violation of the right to life and an attack on human dignity.

The tragic incident, which occurred on Saturday, January 17, 2026, reportedly involved unknown attackers who broke into the family’s residence, killed the victims with dangerous weapons, and allegedly threw an infant into a well.

Reacting to the incident, the Executive Secretary of the Commission, Dr. Tony Ojukwu, OFR, SAN, said the act was not only criminal but also a serious breach of constitutional and international human rights obligations binding on Nigeria. He noted that the right to life is sacrosanct and must be protected at all times, particularly for vulnerable groups such as women and children.

Dr. Ojukwu expressed deep concern over the level of violence displayed in the attack, stressing that such acts threaten public safety and undermine the rule of law. He called on the Nigeria Police Force and other relevant security agencies to carry out a comprehensive and transparent investigation to ensure that those responsible are identified and prosecuted.

The NHRC extended its condolences to the victims’ family, the Dorayi Chiranchi community, and the people of Kano State, assuring them of the Commission’s solidarity during the period of mourning.

The Commission also reaffirmed its commitment to the promotion and protection of human rights across the country, stating its readiness to work with law enforcement agencies to ensure accountability and justice in the case.

Dr. Ojukwu further urged collective action by government institutions, security agencies, community leaders, and civil society groups to uphold the sanctity of human life and prevent a recurrence of such tragic incidents.

He emphasized that justice for the victims is essential to restoring public confidence and fostering a society built on peace, justice, and respect for human dignity.

NHRC Condemns Killing of Woman, Six Children in Kano

Continue Reading

News

SOJA Condemns Killing of Woman, Six Children in Kano, Calls for Justice

Published

on

SOJA Condemns Killing of Woman, Six Children in Kano, Calls for Justice

By: Michael Mike

A human rights advocacy group, Speak Out for Justice Advocacy Ltd/Gte (SOJA), has condemned the gruesome killing of Mrs. Fatima Abubakar and her six children in Dorayi Chiranchi area of Kano State, describing the incident as a grave violation of fundamental human rights and a failure of state protection.

In a statement issued on Tuesday and signed by its legal officer, Hameed Ajibola Jimoh., the organisation said the killing of a mother and her children had shocked the nation and undermined the values of humanity, justice and the rule of law.

SOJA noted that the incident amounted to a serious breach of the right to life as guaranteed under Section 33 of the 1999 Constitution of the Federal Republic of Nigeria (as amended), as well as provisions of international human rights instruments to which Nigeria is a signatory. The group stressed that the African Charter on Human and Peoples’ Rights and the International Covenant on Civil and Political Rights impose clear obligations on the Nigerian State to protect life and ensure accountability for violations.

The organisation further described the killing of six children as a gross violation of the Convention on the Rights of the Child, which mandates governments to take all necessary measures to protect children from violence and unlawful death.

SOJA expressed concern that recurring cases of extreme violence, particularly against women and children, point to systemic weaknesses such as poor early-warning mechanisms, inadequate community-level protection, and insufficient intelligence gathering. According to the group, the responsibility of the state goes beyond prosecuting offenders to preventing foreseeable harm.

The advocacy group called on the Kano State Government, the Nigeria Police Force, the Department of State Services (DSS) and other relevant agencies to conduct a thorough, impartial and transparent investigation into the incident and ensure that all those responsible are brought to justice without delay.

It also urged authorities to provide psychosocial support, protection and relief assistance to surviving family members and the affected community, noting that justice must include healing and institutional reforms, not just arrests.

SOJA further recommended stronger community-based protection and early-warning systems, improved coordination between security agencies and local communities, sustained public education on violence prevention and child protection, and strict enforcement of existing laws protecting women and children.

The group stressed that the victims must not be reduced to mere statistics, adding that their deaths should serve as a catalyst for accountability and renewed commitment to the sanctity of human life.

SOJA said it stands in solidarity with the victims’ family and the people of Kano State, reaffirming its commitment to speaking out until justice is served.

SOJA Condemns Killing of Woman, Six Children in Kano, Calls for Justice

Continue Reading

Trending

Verified by MonsterInsights