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November 22, 2024 Senate Approves US$ 2.2bn Loan for Presidency

Senate Approves US$ 2.2bn Loan for Presidency

The Senate has approved President BOLA TINUBU’s loan request of 2.2 billion dollars to partially finance the 9.7 trillion naira budget deficit for the 2024 fiscal year.

The approval followed the presentation of a report by the Chairman, Senate Committee on Local and Foreign Debts, ALIYU WAMAKKO, during plenary.

Presiding over the session, Deputy Senate President JIBRIN BARAU commended the committee for its swift action and thorough examination of the loan request, and put the motion to a voice vote.

Also, at the House of Representatives the loan request was unanimously approved.

November 22, 2024 Former Military Administrators Of Akwa Ibom Condole Governor Umo Eno on Wife’s Death

Former Military Administrators Of Akwa Ibom Condole Governor Umo Eno on Wife’s Death

Two former Military Administrators of the State; Senator TUNDE OGBEHA, a retired Brigadier General, and Colonel YAKUBU BAKO (retired) have joined to register their condolences following the demise of the first lady.

Their condolence visit comes in the wake of more sympathizers from within Akwa Ibom, Nigeria and even beyond are identifying with Akwa Ibom State Governor, Pastor UMO ENO and family over the demise of his wife, Pastor (Mrs) PATIENCE UMO ENO.

The duo conveyed their condolences when they visited Governor UMO ENO at his country home, Ikot Ekpene Udo in Nsit Ubium Local Government Area on Thursday, November 21, 2024.

They eulogized the late First Lady, praying God to comfort the family and grant eternal rest to the deceased.

TUNDE OGBEHA who was Akwa Ibom’s first Military Administrator, was accompanied by his wife. He noted the impact the late first lady’s pet- project Golden Initiatives for All (GIFA) had on citizens, urging that it be sustained.

Governor UMO ENO who received the former State Administrators appreciated them for identifying with the family at the moment of grief .

November 22, 2024 Akwa Ibom Delibrates on 2024 Supplementary Budget

Akwa Ibom Delibrates on 2024 Supplementary Budget

The Akwa Ibom State House of Assembly has deliberated on a Supplementary Appropriation Bill totaling 73.4 billion naira for the 2024 fiscal year.

The bill presented to the House followed a correspondence from the Executive Governor of Akwa Ibom State, Pastor (Dr.) UMO ENO, was read by the Clerk of the House.

The Deputy Leader of the House, Rt. Hon. OTOBONG BOB who sponsored the bill, outlined the components of the bill.

Right Honourable BOB also emphasized that the supplementary budget would accommodate the newly established Ministry of Humanitarian Affairs and other parastatals.

After the presentation, the Speaker of the House, Right Honourable UDEME OTONG, commended the provisions of the bill and referred it to the House Committee on Finance and Appropriation for further review and recommendations.

The House subsequently adjourned to Tuesday, November 26, 2024, when the Governor is expected to present the 2025 Appropriation Bill.

November 20, 2024 EFCC Wants Nigerian Youths to Replace Cyber-Crimes with Cyber Values

EFCC Wants Nigerian Youths to Replace Cyber-Crimes with Cyber Values

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede, has charged youths across the country to shun cybercrimes by replacing them with values obtainable on the internet .

He gave this charge in Abuja on Tuesday, 19 November, 2024 at the Federal Capital Territory, FCT’s Next Generation Engagement forum. According to him, value creation through the internet is a potent alternative to cybercrimes which youths can explore. “I want to see a generation that will lead a new fight against corruption through value creation. If we have youths heating up the polity by their criminality, we should also have youths challenging them by their integrity. Let us eliminate cybercrimes through cyber values”, he said.

The EFCC boss, who was represented by the Head, Enlightenment and Reorientation Unit of the Commission, Assistant Commander of the EFCC, ACE 11 Aisha Muhammed, also stressed that youth are losing their sense of values and dignity to internet fraud. “Nigeria has lost considerable financial and reputational wealth to cybercrimes. In 2022 alone, Nigeria lost about $500m to the crime. The reputation issues we are having across the world are hideous. Besides, our youths are losing sense of values and dignity to internet fraud. No world outlook that is focused on criminality can stand the test of time. Youths should redirect their focus to wealth creation through optimal use of their talents, acquired skills, useful emulation of strides of other youths around the world and development of novel innovations that can turn the world around,” he said.

Olukoyede called on Nigerian students to have a “Can-Do-It Philosophy,” adding that having a positive belief in themselves will help them make a difference in their endeavours. “I charge you all to have a “can-do-it philosophy”. Believe that you can make a difference in a positive sense. Follow models that have impacted the world positively. Cultivate friendship with peers that have good vision. Use the internet to develop your good dreams. Don’t be attracted to easy wealth and always follow the instructions of the EFCC. Continuing, Olukoyede disclosed that, “at the EFCC, we have opportunities for value-driven youths through Integrity Clubs in Primary, Secondary Schools and Zero Tolerance Clubs in Tertiary Institutions. These platforms are value-building opportunities for youth. I urge all of you to join any of these clubs,” he said. He also  urged them to take the ‘Next Generation Project’ as a personal project, calling on them to embrace it.

Senior Special Assistant to the President on Citizenship and Leadership, Rinsola Abiola, in her remark on the theme of the event, said the aim of the project was to offer mentorship and leadership development opportunities to young people in the next generation. “As we all know, our young people are the future generation of this country, and we must work hard to nurture their potential and offer them guidance. We must support them with the resources that they need to develop into model citizens, who positively impact their communities and grow academically and professionally with the right value system and personality traits,” he said.

Also commenting, representative of the Director General, National Orientation Agency, NOA, FCT Directorate, Mrs. Agbanusi Ijeoma said Nigerian youths should be given front seats in the polity, explaining that the exigency of the time demands such because they are the leaders of tomorrow. “Youths, as the leaders of tomorrow, should always be given the driver’s seats in leadership roles towards the attainment of national goals and  make them understand that they are the agents of the desired change and transformation that Nigerians have been yearning for “I strongly believe that at the end of this programme, a positive impact would have been made, and the aim of our gathering today achieved”, she said.

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