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US Consulate awards $1.02m to Nigerian civic organiations

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The United States has stressed that it is a steadfast partner of Nigeria, working together to improve health, security, economic growth, human rights, democracy, and education throughout the country.

It disclosed in a statement that from January 2021, the United States Consulate General in Lagos awarded $1.02 million to civic organisations to implement projects across the 17 states in southern Nigeria.

“The funded projects addressed the themes of bolstering outreach to underserved communities, promoting respect for human rights and transparency in government, empowerment of women and youth, and teacher training and STEM education. “Other themes included entrepreneurship, media literacy, combatting misinformation as well as fostering a robust alumni network,” it added.

It revealed that the Consulate supported United States’ exchange alumni efforts to utilise the skills, knowledge, and networks gained through their exchange program experiences to address challenges faced by communities across southern Nigeria.

“Our exchange alumni organised clean-up campaigns, taught others job skills, marched to show support for combatting gender-based violence, promoted technology in the classroom, and raised awareness of illegal wildlife trafficking,” it added.

According to the statement, the alumni led projects were selected for their strong sustainability plans, adding that many would continue past the grant period through volunteer work and other funding sources.

US Consulate Public Affairs Officer, Stephen Ibelli praised the US alumni commitment in working to improve the lives of community members through sustainable projects.

According to him, the Consulate’s alumni focused grant projects was part of the US government’s efforts to support Nigeria’s economic development, improve livelihoods, and strengthen communities.
“We are proud to work with such an immensely energetic and creative community of alumni-led organisations and individuals committed to strengthening communities and empowering fellow Nigerians,” Ibelli added.

Reflecting on the outgoing year, Ibelli noted that seven new American spaces were opened in southern Nigeria, including a flagship American Corner in Ikeja, as part of the US Consulate efforts aimed at bolstering its public engagement efforts.

“The Consulate also trained 250 women through the Academy for Women Entrepreneurs (AWE) providing them with skills to grow their businesses and contribute to the growth of small and medium enterprises in Nigeria.

“Some of our AWE graduates received funding from the US Africa Development Foundation and local funding sources to scale their businesses.
“The Consulate also supported the shipment of 250 dairy cows to Ekiti State to boost milk production, and introduced biotech cowpea to increase farmers’ yields and improve food security in Nigeria.

“In 2022, the United States will break ground on its New Consulate Compound at Eko Atlantic City, symbolising the US’ sustained investment in Nigeria and its focus on the Nigerian people,” it added.

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Governors, Labour kick as NNPC presents N3tr subsidy bill to FEC

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The controversies surrounding continued payment of fuel subsidy may not have ended as the Nigerian National Petroleum Corporation (NNPC) Limited, yesterday, presented a bill of N3 trillion for deliberations at the Federal Executive Council (FEC) meeting chaired by President Muhammadu Buhari.

According to the Minister of Finance Budget and National Planning, Zainab Ahmed, N3 trillion is the amount required to continue to subsidise petroleum products for the 18 months extension recently approved by the Presidency.

Ahmed, who broke the news to State House correspondents, explained that FEC considered the request so as to make additional funding provisions that will enable government meet incremental fuel subsidy payment in the 2022 budget.

According to her, only N443 billion is currently available in the 2022 budget meant to accommodate subsidy from January to June.

Buttressing the position of the government, she said with current realities on ground, especially the poverty rate on the part of Nigerians, the NNPC presented a request for N3 trillion to the Ministry of Finance for 2022.

“What this means is that we have to make incremental provision of N2.557 trillion to be able to meet subsidy requirement, which is averaging about N270 billion per month.

“In 2021, the actual under-recovery that has been charged to the Federation was N1.2 trillion, which means an average of N100 billion, but in 2022, because of the increased crude oil price per barrel in the global market, now at $80 per barrel, and also because an NNPC’s assessment shows that the country is consuming 65.7 million litres per day, we will end up with an incremental cost of N3 trillion in 2022.

“Having taken into account the current realities; increased hardship in the population, heightened inflation and also that measures needed to be taken to enable a smoother exit from the fuel subsidy regime are not yet in place, it was agreed by Council that it is desirable to exit fuel subsidy at a conducive time.”

She revealed that the Council directed the ministry to approach the National Assembly for an amendment to the fiscal framework, including the budget.

BUT the Nigeria Governors’ Forum (NGF) and the leadership of the Nigeria Labour Congress (NLC) have blamed the NNPC for the mismanagement of the proceeds accruing from oil.

They have also resolved to enter into working partnership to investigate consumption and distribution figures released by NNPC regarding petroleum products. The NGF disclosed this, yesterday, at its meeting with labour leaders, led by NLC President, Comrade Ayuba Wabba, to deliberate on the fuel subsidy removal issue.

A statement by NGF’s media adviser, AbdulRazaque Bello Barkindo, disclosed that “both parties agreed that the lacuna in the subsidy removal agenda was hidden in the untruths bandied by the administrators of the subsidy, particularly the NNPC, which both groups identify to be at the forefront of the mismanagement of the proceeds that accrued therein.”

Delivering his opening remarks at the meeting, which was also attended by the Trade Union Congress (TUC) president and a host of other leaders of organised labour in the country, NGF chairman and governor of Ekiti State, Kayode Fayemi, argued that the nation’s economy is at the precipice and that it has become necessary for the two groups to carefully verify all NNPC’s estimates, to ensure that whatever action is taken on subsidy will be to the benefit of the people and not a few wealthy individuals and their cronies.

The NGF chairman, who led a delegation of governors Simon Bako Lalong of Plateau State and Godwin Obaseki of Edo State, to the meeting, stressed that governors cannot ignore the economics of petroleum, arguing that all the countries surrounding Nigeria, including Niger, Mali, Cameroun and Ghana have their fuel pump price at the equivalent of a U.S. dollar.

“Nigeria has a pump price that is far less than a dollar and is uncomfortable with the removal of subsidy until the challenge of what the NNPC is telling the country is confronted frontally.

“We need a partnership with the NLC to confront the challenges of what the NNPC is about, because there is a lot of fraud in the consumption and distribution figures that the country is getting and we can only move forward if the NLC engages all those who are knowledgeable in the field like PENGASSAN to conduct a thorough research into the sector before any further action is taken on subsidy,” Fayemi said.

He added that only about eight states are benefitting directly from the subsidy while all the others have to contend with the situation on their own.

Commenting, Obaseki warned that the country has a choice of continuing to behave “like Father Christmas (Santa Claus) or take concrete actions on a problem that is permanently with us rather than throwing away N3 trillion on subsidy.”

The Plateau governor, who like Obaseki, joined the meeting virtually, recalled that the NGF had spent three years on this matter. He stated: “We must find options and create opportunities that address the hardships that stare our people in the face.”

The unionists, according to the statement, argued that the conflicting figures that always came from managers of the petroleum sector had always tended towards inefficiency, which have remained, and to organised labour, completely objectionable.

Wabba and TUC president, Quadri Olaleye, wondered why the subsidy issue had always been shrouded in secrecy on the part of government.

Also, NLC National Deputy President, Comrade Bello Ismail, has advised the Federal Government against any attempt to increase the pump price of petroleum products during the tenure of this administration that would terminate in 2023.

Ismail, who addressed Kaduna State workers on the outcome of the suspension by the Federal Government of its initial plan to hike the pump price of petrol, said labour would continue to watch any action of the Buhari administration and ensure it did not increase pump price of fuel in future.

MEANWHILE, the Presidency, yesterday, reiterated the concerns of the Organised Private Sector (OPS) that Nigeria would have to pay a price to continue subsidising petrol, adding that the country may be left with no other choice than to continue borrowing to shoulder its fiscal overhead.

The President’s Special Adviser on Media and Publicity, Femi Adesina, said this when he featured on Channels Television’s Sunrise Daily programme yesterday. He said petrol is not deregulated by the Federal Government, as the price is sold at between N162 and N165/litre at filling stations, far lower than the actual cost of the commodity.

In June 2021, the Group Managing Director of NNPC, Mele Kyari, stated that petrol price should be more than N280/litre, while the commodity had been subsidised and sold at N162/litre since last year.

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Gunmen kidnap Ex-President Jonathan’s cousin in Bayelsa

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Former President Goodluck Jonathan’s cousin, Jephthah Robert, has been abducted by gunmen at his residence in Yenagoa, Bayelsa State capital.

It was learnt that the abductors had yet to contact the family since his kidnap on Monday.

The police spokesman in Bayelsa State, SP Asinim Butswat, who confirmed the abduction, said they were intensifying efforts to rescue the victim and arrest the abductors.

Though the detail of the abduction was sketchy, the rate of kidnappings in Bayelsa State has been on the increase recently.

Just last Monday, the state Commissioner for Trade and Investment, Federal Otokito, regained freedom after spending five days in the kidnappers’ den.

He was said to have been kidnapped by the cartel operating illegal refineries in his community for trying to obstruct their operations.

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FEC okays proposed amendments to 2022 budget

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The Federal Executive Council has approved a proposed amendment to the 2022 budget following the initial adjustments made by the National Assembly to the proposal submitted by President Muhammadu Buhari in 2021.

The Minister of Finance, Budget and National Planning, Zainab Ahmed, said the approved amendments to be transmitted to the National Assembly would request to repeal clauses 10 and 11 concerning the Economic and Financial Crimes Commission and the Nigerian Financial Intelligence Unit operations in the 2022 budget and as well restore what the lawmakers had deleted amounting to N103bn.

She said: “Clause 10 is referring to a provision that has been made that will enable the EFCC and NFIU be able to take 10% of whatever collections that they recover.

“We’re asking for that to be repealed because this is in direct contrast to the Acts of these two agencies and also it is in contravention of the Fiscal Responsibility Act and the Finance Act 2021.

“Clause 11, on the other hand, is a provision that has been made that says that the Nigeria embassies and missions are now authorized by this Appropriation Act to expend funds allocated to them under Capital Components without the need to seek approval of the Federal Ministry of Foreign Affairs.

She said FEC also ratified an instrument on diplomatic relations between Nigeria and South Africa with the coming of Africa’s Continental Free Trade Agreement.

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