News
Oyo Rep denies inflating road project contract from N9bn to N54bn
The Central Bank of Nigeria (CBN) has declared that the old naira banknotes will retain their legal tender status. Earlier, in October 2022, the CBN had introduced redesigned N200, N500, and N1,000 denominations, with set deadlines for discontinuing the use of the old notes of these denominations.
However, on Tuesday, the CBN announced its intention to indefinitely extend the legal tender status deadline for the old design of N200, N500, and N1,000 denominations. The decision is in accordance with international best practices and aims to prevent the recurrence of previous issues. According to a statement by Isa AbdulMumin, the Director of Corporate Communications, all banknotes issued by the CBN, as per Section 20(5) of the CBN Act 2007, will continue to be legal tender indefinitely, surpassing the initial December 31, 2023, deadline.
The CBN is actively working with relevant authorities to overturn an existing court ruling on the same matter. Consequently, all CBN branches nationwide will continue to issue and accept all denominations of Nigerian banknotes, both old and redesigned, to and from deposit money banks (DMBS).
The public is urged to accept all Naira banknotes, whether old or redesigned, for everyday transactions and to handle them with care to preserve their lifecycle. Additionally, individuals are encouraged to adopt alternative payment methods and electronic channels for their day-to-day transactions.
User
paraphrase: The member representing Oluyole Federal Constituency of Oyo State in the House of Representatives, Hon. Tolulope Akande-Sadipe, has denied reports that she inflated the contract sum of a road rehabilitation project in her constituency.
The lawmaker was reacting to reports in the media that she connived with officials of the Federal Ministry of Works to inflate a 45 kilometre road project from N9 billion to N54 billion.
The contractor handling the project, DC Engineering Limited, was quoted to have made the allegation at a public hearing organised by the House of Representatives in Abuja.
Speaking with journalists on Tuesday, Akande-Sadipe explained that the Olojuoro, Ijebu-Igbo, Ita Egba, Owonomwen road project in her constituency in Oyo State was awarded in 2018 with a two-year completion period, but after five years, one kilometer of the road has not been completed despite the contractor being mobilized substantially.
According to her, several petitions have been written by her constituents, prompting her to sponsor a motion calling for investigation as the road got deplorable with serious human casualties on daily basis due to accidents.
Her intervention, she said, was within the mandate of her office as a lawmaker in protecting the interest of her constituents, hence, she raised a motion expressing concerns over the deplorable state of the road and calling on the lower legislative chamber to investigate with documentary evidence of payments made to the contractor.
Her motion urged “the House to establish an Ad-Hoc Committee to conduct a comprehensive investigation into the consistent failure of the contractors to fulfill their contractual obligations”.
“The investigation should specifically focus on the construction and rehabilitation of the Olomi Olojuoro road, referred to as the Ijebu-Igbo Ita Egba-Owonowen Ibadan road, with the following contracts and budget allocations,” the motion added.
The lawmaker expressed disappointment that she was being blackmailed by the company, which she said failed to meet up with the terms of the contractual agreement to the benefit of the people of the Oluyole area.
A paper she presented at the public hearing on the road project partly read, “My attention has been drawn to a letter dated 29th August, 2023 written by the solicitors to DC Engineering Limited Co and Oba (King) Adesegun Alowonle, the Emure of Ijebu, the person believed to be the owner of the company.
“This letter accused me of total falsehood in an attempt to steer this hallowed committee away from, the true situation on ground with regards to Olojuoro, Ijebu-Igbo, Ita Egba, Owonowen road in Oluyole Federal Constituency.
“The letter did not address the substance of the several petitions and motions in anyway, including the most recent of 13th July, 2023, rather what they went into was to disparage my person and smear my name and engage in scandalous defamation of my character by alleging that my objective in intervening on behalf of Oluyole is to promote a particular contractor – Aereatech Nigeria Limited, to the Federal Ministry of Works.”
The lawmaker denied having any “direct or indirect relationship with the said contractor, and I am not in any way related to the said contractor. I have never introduced any such contractor and have never inflated any contract”.
She alleged that the competence of DC Engineering calls for investigation given that some parts of the road project were sub-let to other minor construction firms in contravention of the contractual terms.
Akande-Sadipe further recalled how she initiated an inspection visit to the site in 2021 with representatives of the Federal Ministry of Works, the Commissioner of Public Complaints Commission and representatives of DC Engineering Limited, only to discover that the company was accused of collecting money from communities to fix feeder road culverts which were removed in the course of the rehabilitation work.
ChatGPT
The representative for Oluyole Federal Constituency in the House of Representatives, Hon. Tolulope Akande-Sadipe, has refuted claims that she inflated the contract amount for a road rehabilitation project in her constituency. Media reports suggested that she collaborated with Federal Ministry of Works officials to raise the cost of a 45-kilometer road project from N9 billion to N54 billion, an accusation made by the project’s contractor, DC Engineering Limited, during a public hearing organized by the House of Representatives in Abuja.
Addressing journalists on Tuesday, Akande-Sadipe clarified that the road project in Olojuoro, Ijebu-Igbo, Ita Egba, Owonomwen in her constituency was awarded in 2018 with a two-year completion period. However, after five years, only one kilometer of the road has been completed despite substantial mobilization of the contractor. She highlighted the numerous petitions from her constituents, leading her to sponsor a motion for an investigation due to the road’s deplorable condition causing frequent accidents and human casualties.
The motion she presented called for the establishment of an Ad-Hoc Committee to comprehensively investigate the contractors’ consistent failure to fulfill their obligations, specifically focusing on the Olomi Olojuoro road. Akande-Sadipe expressed disappointment at being blackmailed by the company, emphasizing that she was acting within her legislative mandate to protect her constituents’ interests.
During the public hearing, she presented a paper addressing the accusations, stating that the contractor’s letter accused her of falsehood to divert attention from the actual situation with the road project. She denied any connection with the contractor, Aereatech Nigeria Limited, and refuted allegations of contract inflation. Akande-Sadipe called for an investigation into the competence of DC Engineering, pointing out that some parts of the project were sub-contracted to other firms, violating the contractual terms. She also recalled a site inspection in 2021 that revealed the company collecting money from communities to fix culverts removed during rehabilitation work.
News
Maiduguri flood: Ogun Govt donates N200m to Borno State
The Ogun State Government has donated N200 million to the Borno State Government in response to the severe flooding that recently devastated the area, causing significant property damage and displacing thousands of residents.
The flooding was triggered by the collapse of the Alau Dam in Maiduguri on September 10.
Reports indicate that at least 414,000 people have been displaced, with 30 lives lost due to the disaster.
Ogun State Governor Dapo Abiodun had previously sent condolences to the people and government of Borno, praising the state government’s swift actions and the support from the Federal Government.
Kayode Akinmade, the Governor’s Special Adviser on Media and Strategy, stated on Saturday that the donation aims to aid flood victims and provide immediate relief. He noted the unprecedented humanitarian crisis in Borno State caused by the flooding and called on all Nigerians to help those in need.
News
Ekiti: Gov Oyebanji appoints over 300 board chairmen, members
Ekiti State Governor Biodun Oyebanji has approved the appointment of chairpersons and members for various government agency boards and parastatals.
This initiative aims to facilitate the efficient operation of government activities and improve service delivery.
The announcement was made in a statement on Friday by the Governor’s Special Adviser on Media, Yinka Oyebode.
The appointments, which include both full-time and part-time roles, will take effect on Monday, October 7, 2024.
Governor Oyebanji congratulated the new appointees, highlighting that their roles present valuable opportunities for public service. He encouraged them to maintain the highest standards of professionalism and ethical behavior in their duties.
News
Nigerian govt mobilises contractor to F107 Road, collapsing bridge in Abia
Users of the Umuahia-Bende-Arochukwu-Ohafia road will soon heave a sigh of relief as the Federal Government has mobilized a new contractor, China Civil Engineering Construction Corporation (CCECC), to begin work on the collapsed sections of the road.
The mobilization of the new contractor followed a viral video by ABN TV titled “How Your Area,” which highlighted that the Onu Uduma Bridge, commonly known as Nmuri Bridge on the federal road, was on the verge of collapse.
The critical bridge, previously rehabilitated by the Federal Road Maintenance Agency (FERMA), has come under severe pressure due to repeated downpours and the movement of heavy-duty vehicles, which exposed it to structural threats.
The Federal Executive Council approved additional funds for the project, supplementing the money initially approved in 2018.
The arrival of CCECC equipment at the affected site on Wednesday has brought hope to the people of Ohafia and all users of the road. This follows the termination of the previous contractor, Heartland, whose contract was revoked due to issues concerning the quality of work.
Speaking on the arrival of the new contractor, the member representing Arochukwu/Ohafia Federal Constituency, Ibe Okwara Osonwa, stated that the progress was a result of his engagement with the Minister of Works, David Umahi, through the Abia State Government, to ensure repairs on the road and the Nmuri Bridge to prevent total collapse.
He expressed gratitude to Governor Alex Otti, his deputy, and Senator Orji Uzor Kalu for their swift response to the road’s condition, but urged host communities to offer maximum cooperation to the contractor to ensure smooth and timely completion of the work.
CREDIT: DAILY POST
-
World News12 months ago
What we know about Israel’s war with Hamas
-
Sports12 months ago
LaLiga: Everyone want to play with him – Vinicius on player Real Madrid should sign
-
World News12 months ago
Iran calls on Islamic, Arab countries to confront Israel
-
Tech12 months ago
Top 10 AI Skills to Learn in 2023
-
ICT1 year ago
Apple Bows To EU, Unveils iPhone With USB-C Charger
-
Entertainment12 months ago
BET Hip-Hop Awards: Black Sherif wins big as Burna Boy loses seven nominations
-
ICT1 year ago
Apple iPhone 15 and iPhone 15 Pro pricing around the world
-
Entertainment12 months ago
‘Black Panther’ star Lupita Nyong’o breaks up with boyfriend, Selema Masekela