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ICPC tracks N1.8bn projects in Kwara

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) initiated the tracking of executive projects worth N1.802 billion in Kwara State, starting in Ilorin on Wednesday. This tracking effort aims to ensure that these projects deliver value for the money spent.

Mr. Nathaniel Sikpi, the Principal Superintendent of Investigation at the ICPC’s Kogi Office, explained to NAN in Ilorin that this tracking initiative is now in its 6th phase and covers 15 projects spanning all three senatorial districts in the state.

The primary purpose of this tracking is to ensure that these projects are not merely documented on paper but are physically implemented on the ground. Sikpi emphasized that sometimes contracts are awarded, executed on paper, and fully paid for, yet there’s no physical presence of the projects, and the intended beneficiaries (in the case of empowerment projects) are unaware of their existence.

The tracking encompasses both executive and constituency projects, with the current focus primarily on executive projects. Quantity Surveyors (QS) are part of the tracking team to provide a professional perspective in reporting.

Sikpi added that the ICPC consistently follows up on previously tracked projects to ensure compliance with their directives. The commission employs two main strategies: for construction projects found to be inadequately executed, they compel the contractor to return to the site and complete the work to benefit the intended recipients. In the case of empowerment projects, when the job is not effectively executed, they recover the funds.

So far, the ICPC has successfully recovered substantial amounts of funds, which are publicly available on the commission’s website at www.icpc.gov.ng.

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BREAKING: Oronsaye Report: Tinubu to scrap many agencies, merge others

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President Bola Tinubu will implement some of the recommendations contained in the Oronsaye Report.

This is majorly, in order to cut the cost of governance.

This is coming 12 years after the Steve Oronsaye Panel submitted its report on restructuring and rationalising Federal government parastatals and agencies and a white paper issued two years after.

According to Bayo Onanuga, the President and the Federal Executive Council on Monday reached a decision to implement the report.

He said: “Many agencies will be scrapped and many others will be merged, to pave the way to a leaner government.”

CREDIT: DAILY POST

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‘You’re responsible for Nigeria’s economic woes’— Atiku tackles Tinubu

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Atiku Abubakar, the Peoples Democratic Party (PDP) candidate in the 2023 general election, attributed Nigeria’s economic challenges to President Bola Ahmed Tinubu.

In a statement shared on his official social media account on Sunday, the former Vice President of Nigeria urged Tinubu to take cues from Argentina’s President Javier Milei on swiftly restoring investor confidence despite inheriting a troubled economy.

Atiku criticized Tinubu for deflecting blame onto the opposition and his predecessors, calling such actions unnecessary and shortsighted. He emphasized that market dynamics respond to concrete actions, not political rhetoric.

Drawing parallels with President Milei’s leadership in Argentina, Atiku highlighted the need for well-sequenced economic reforms. He commended Milei’s proactive approach in preparing for the post-reform challenges and ensuring the availability of mitigating measures.

Atiku contrasted Tinubu’s administration’s ad hoc and hurried reforms with Milei’s strategic sequencing. He pointed out Argentina’s lean government structure achieved through reducing ministries and privatizing state-owned enterprises, contrasting it with Nigeria’s expanding bureaucracy and excessive spending on official residences.

Atiku likened Tinubu’s administration’s approach to Nero fiddling while Rome burns, accusing him of evading substantive action and blaming the opposition for policy failures, reminiscent of characters in George Orwell’s Animal Farm.

Expressing admiration for Argentina’s reforms, Atiku suggested aligning his “Recover Nigeria Plan” with Milei’s stabilization strategy to alleviate Nigeria’s economic distress. He emphasized the need for transparent policies focused on economic revival and warned against dismissing discontent, particularly among the youth, which could manifest in protests.

The statement referred to the worsening economic conditions in Nigeria, highlighted by soaring inflation rates and high living costs, as reported by the National Bureau of Statistics, with headline inflation reaching 29.90% and food inflation at 35.42% in January 2024.

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BREAKING: Fire guts FCT Minister’s residence

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A fire broke out at the private residence of Dr. Mariya Mahmoud, the Minister of State in the Federal Capital Territory Administration (FCTA), on Sunday afternoon.

Situated at No. 9, Justice Roseline Ukeji Close in the affluent Asokoro district of Abuja, the property was reportedly completely destroyed by the blaze.

Despite prompt emergency response efforts, including the arrival of fire service personnel, nothing could be salvaged from the premises.

Mr. Austin Elemue, the Minister’s Special Adviser on Media, confirmed the incident, indicating that the cause of the fire remained unknown at the time.

Authorities have initiated an investigation to ascertain the cause of the fire.

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