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Delta approves N3.9bn disbursement for D-CARES programme

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The Delta State Executive Council has given its approval for the disbursement of N3,887,277,784.66 as part of the D-CARES implementation program of the state government. This marks the second reimbursement from the World Bank. Commissioner for Economic Planning in Delta State, Sonny Ekedayen, made this announcement during a press briefing on Friday, where he discussed key decisions made at the state executive meeting chaired by Governor Sheriff Oborevwori.

Ekedayen mentioned that the funds have been allocated through Direct Cash Transfer, FADAMA, Livelihood, and Direct Labour. The approval aligns with Governor Oborevwori’s focus on human capital development and social intervention. Some Deltans have already begun receiving alerts, and Ekedayen emphasized that this initiative will continue. He explained that the coordinating body, NG-CARES in Abuja, is expected to conduct another round of independent verification exercises in early January next year, where Delta State’s progress will be assessed, potentially leading to additional reimbursements.

The commissioner commended the State House of Assembly, particularly Speaker Emomotimi Guwor, Chair of the House Committee on Appropriation Marilyn Okowa-Daramola, and other members for the swift passage of the 2024 Delta State budget recently signed into law by the governor. Ekedayen clarified that the additional N10 billion in the appropriation bill was intended to facilitate more infrastructural transformation.

Regarding the state’s internally generated revenue, which exceeded expectations at N144 billion compared to the initial N110 billion, Ekedayen expressed confidence that the implementation of the 2024 budget would not encounter challenges.

Commissioner for Works (Rural and Riverine Roads) Charles Aniagwu also briefed journalists, noting the approval for the reconstruction of the road from Okan Junction in Okpe, passing through Agbarho in Ughelli North, to connect to the East-West Road. The 3.47-kilometer project aims to ease traffic flow during the construction of flyovers around PTI, DSC, and the Effurun roundabout. Additionally, the executive council directed the Ministry of Works to investigate the state of the Bomadi Road, addressing concerns about its condition. Plans are underway to assess the road and provide cost estimates for necessary improvements in the coming weeks.

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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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PHOTO: Gov Makinde Host Nigeria Police Games

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1: Oyo State Governor, Seyi Makinde (left) and Inspector General of Police, Olukayode Egbetokun, during the opening ceremony of the 14th Biennial Nigeria Police Games, host by Oyo State Government, held at Adamasigba Stadium, Ibadan. PHOTO: Oyo Gov’s Media Unit.

2: From left, Deputy Governor of Oyo State, Barr Bayo Lawal; Governor Seyi Makinde; Inspector General of Police, Olukayode Egbetokun and his wife Elizabeth, during the opening ceremony of the 14th Biennial Nigeria Police Games, host by Oyo State Government, held at Adamasigba Stadium, Ibadan. PHOTO: Oyo Gov’s Media Unit.

3: Oyo State Governor, Seyi Makinde (left) take a salute from the Police Mascots, during the opening ceremony of the 14th Biennial Nigeria Police Games, host by Oyo State Government, held at Adamasigba Stadium, Ibadan. PHOTO: Oyo Gov’s Media Unit.

CREDIT: Oyo Gov Media 

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