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

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1 year ago

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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

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Military

Joint Security Forces Repel Bandits’ Retaliatory Attack in Mada, Neutralize another Kingpin Kachalla Dogo Idin Madu

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23 minutes ago

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March 13, 2025

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Joint Security Forces Repel Bandits’ Retaliatory Attack in Mada, Neutralize another Kingpin Kachalla Dogo Idin Madu

By: Zagazola Makama

Joint security forces in Zamfara State have successfully repelled a retaliatory attack by bandits in Mada, Gusau Local Government Area, neutralizing several terrorists, including notorious bandit leader Kachalla Dogo Idin Madu.

Intelligence sources told Zagazola Makama that the attack occurred in the early hours of Wednesday when heavily armed bandits stormed Mada, attempting to retaliate against recent security operations.

However, troops of Operation FANSAN YAMMA, in collaboration with local vigilantes known as Askarawa, swiftly engaged them in a fierce battle.

The security forces overpowered the bandits, inflicting heavy casualties and securing the area. Among those neutralized was Kachalla Dogo Idin Madu, a notorious bandit kingpin responsible for multiple attacks, kidnappings, and terror activities in Zamfara State.

Joint Security Forces Repel Bandits’ Retaliatory Attack in Mada, Neutralize another Kingpin Kachalla Dogo Idin Madu

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ISWAP Terrorists on 10 motorcycles Return to Recover Bodies of Fallen Comrades killed by troops in Yobe

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26 minutes ago

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March 13, 2025

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ISWAP Terrorists on 10 motorcycles Return to Recover Bodies of Fallen Comrades killed by troops in Yobe

By: Zagazola Makama

ISWAP terrorists, riding on over 10 motorcycles, have returned to the site of the encounter with the troops of Operation Hadin Kai escorting the convoy of Governor Babagana Zulum between Buni Gari and Gujba town in Yobe State.

The terrorists are believed to be retrieving the bodies of their fallen comrades who were neutralized by security forces during the initial attack.

“They are picking their dead bodies. They came on ten motorcycles. Probably planing to bury them,”he said.

Governor Zulum’s security escort, comprising troops of Operation Hadin Kai, the Police Crack Team, and other security personnel, had successfully repelled the terrorists ambush, killing several insurgents and rescuing kidnapped passengers.

ISWAP Terrorists on 10 motorcycles Return to Recover Bodies of Fallen Comrades killed by troops in Yobe

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Zulum begins 100 houses, inspects 2 other projects in Hawul

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38 minutes ago

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March 13, 2025

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Zulum begins 100 houses, inspects 2 other projects in Hawul

By: Our Reporter

Borno State Governor, Babagana Umara Zulum, launched the construction of 100 houses in Azare, the headquarters of Hawul local government area on Wednesday.

The project, which is part of the 600 housing scheme for teachers in 5 LGAs flagged off on Tuesday, is aimed at reducing the housing deficit faced by teachers accross the state.

During his visit to Hawul, Governor Zulum also inspected two other ongoing projects, including the permanent site for the newly established National Orthopedic Hospital, Azare, which was donated to the federal government by Borno State government, and the construction site for the new General Hospital in Shafa.

Zulum expressed satisfaction with the support from the Azare community for the project, stating that it indicates that sustainability will be ensured.

“This is a very good brief we received from the engineer. He summarises everything. The most important takeaway from him is that the community is supporting the project. With this commitment and support, I am sure there will be a very good mechanism for sustaining the management of the hospital,” Zulum said.

The governor assured that the reconstruction work would be completed soon, and the hospital would be officially handed over to the federal government for its take-off. He said, “On my part as the governor of Borno State, I will continue to do my best to ensure this project has come to fruition. Now that the CMD has been appointed, I will meet with the CMD tomorrow And discuss the way forward, most importantly.”

“I will see the minister for health and then discuss their budgets. As regards the take-off of this hospital, Insha Allah, we shall do everything possible to ensure that it takes off within the next two or three months”, the governor reiterated.

Governor Zulum was accompanied by the APC Chairman, Bello Ayuba; the senator representing Southern Borno, Mohammed Ali Ndume; former Deputy Governor, Usman Mamman Durkwa; the Deputy Speaker of Borno State House of Assembly, Engr Abdullahi Askira; member of the House of Assembly representing Hawul, Hon Mohammed Ibrahim Kwajafa; the Acting Chief of Staff, Dr Babagana Mustapha Mallumbe, and the Head of Service, Dr Muhammad Aminu Ghuluze, among many senior government officials and party members.

Zulum begins 100 houses, inspects 2 other projects in Hawul

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