President Buhair | InsideOjodu https://www.insideojodu.com ...conecting the community Mon, 28 Jun 2021 12:33:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.10 http://www.insideojodu.com/wp-content/uploads/2018/12/favicon.ico President Buhair | InsideOjodu https://www.insideojodu.com 32 32 Presidency reacts to fresh threats by Niger Delta Avengers to attack oil pipelines https://www.insideojodu.com/presidency-reacts-to-fresh-threats-by-niger-delta-avengers-to-attack-oil-pipelines/ https://www.insideojodu.com/presidency-reacts-to-fresh-threats-by-niger-delta-avengers-to-attack-oil-pipelines/#respond Mon, 28 Jun 2021 12:33:46 +0000 https://www.insideojodu.com/?p=23013 The Presidency has reacted to fresh threats by the Niger Delta Avengers to resume…

The post Presidency reacts to fresh threats by Niger Delta Avengers to attack oil pipelines first appeared on InsideOjodu.]]>
The Presidency has reacted to fresh threats by the Niger Delta Avengers to resume blow-up of oil pipelines if the substantive board for the Niger Delta Development Commission (NDDC) was not inaugurated among other demands.

In a statement released by the Special Adviser on Media and Publicity to President Muhammadu Buhari, Femi Adesina, the presidency said the demands of the militant group have been addressed by President Buhari in a meeting with newly elected leaders of Ijaw National Council and other Niger Delta stakeholders, who visited him in his office in Abuja over the weekend.

The statement reads “The media was Sunday awash with threats and demands by a group, Niger Delta Avengers, to embark on economic sabotage through the bombing of critical oil and gas installations unless certain demands, including the development of the Niger Delta, and restructuring of the Federation, were met. It is, however, curious that the threat was coming less than 48 hours after President Muhammadu Buhari met with the leadership of the Niger Delta and Ijaw National Congress (INC), at the Presidential Villa, and the germane issues had been responded to, especially call for restructuring of the Federation, and the inauguration of a Board for the Niger Delta Development Commission (NDDC). For clarity and record purposes, below is full text of the speech by President Buhari on Friday, June 25, 2021, which renders any sabre-rattling rather unnecessary: I warmly welcome all the Elders of the Niger Delta and particularly the National Executive of the Ijaw National Congress, under the leadership of Professor Benjamin Okaba. I thank you for paying this courtesy visit not too long after your election in April, and swearing-in last May. I also want to congratulate you all for your election and to add that a lot of responsibility is placed on your shoulders, especially coming from the fact that the Ijaw National Congress was almost without leadership for some time. As the symbol of the collective voice of the Ijaw people, which is one of Nigeria’s main ethnic groups, the existence of a focused and people-oriented leadership would go a long way in articulating the demands of the Ijaw people and making sure these demands are made part of the national discourse. I particularly note your ten-point demand to the Federal Government in your inaugural speech and assure you that this administration is frontally addressing them. I am equally concerned about the rate of environmental degradation in the Niger Delta and as you are aware the Hydrocarbon Pollution Remediation Project has started work with remediation efforts in Ogoni land and I have directed the Minister of Environment to ensure that the projects are implemented with a high percentage of local content and inclusion of the surrounding communities. Similarly, the National Oil Spill Detection and Response Agency, under the same ministry of Environment is working to make sure that oil spills are reduced and new ones prevented. As you are also aware, all the responsible agencies of government have been directed to ensure that they enforce compliance by the International Oil Companies to international best practices. In addressing your call for immediate restructuring, the National Assembly whose responsibility it is to ensure that our constitution responds to the call for a restructured Nigeria has already concluded regional consultations and as soon as they finalise the process, necessary action would not be delayed on my part. In the same vein, your call for the creation of two additional states and more local government areas for the Ijaw people is a legislative matter, which should naturally be handled by the National Assembly and seeking concurrence at the state levels. I completely agree with your call to allocate operational licenses for marginal fields to Ijaw people. However, like you know, the process of granting licenses is guided by laid-down rules and regulations, most of which even favour local content and local contractors. I see no reason why they should not be granted such licenses if they qualify. On the issue of fair and balanced appointments to reflect federal character principles, I re-affirm that this has always been my focus and would continue to be because I have always seen Nigeria as a country where everyone should be given equal opportunities. A contentious issue that has been a subject of discourse amongst the Ijaw people of recent has been the need for the Niger Delta Development Commission to live up to its billing by delivering the required succour to the people of the region. Based on the mismanagement that had previously be-devilled the NDDC, a forensic audit was set up and the result is expected by the end of July 2021. I want to assure you that as soon as the forensic audit report is submitted and accepted, the NDDC Board would be inaugurated. However, I would like to implore you that the Ijaw National Congress should play a more active role in making sure that the mismanagement that occurred in the past is not repeated. I am particularly happy to note your call for promoting ownership of modular refineries by the Ijaw people and I will urge you to interphase with your sons who are involved in the processes of establishing these refineries, especially the Honourable Minister of State Petroleum Resources to actualize this quest. Like you well know, completion of the East-West Road is top on my infrastructure agenda and I will look to its speedy conclusion. Again, the occasional disturbance by youths in some communities along the route to construction work would require your close attention and guidance. Furthermore, we have made considerable progress with the construction of the Bonny to Port Harcourt Bridge. I am very happy with the recent affirmation of your belief in a United Nigeria and while I thank you for standing with me, I will also implore you to use your leverage in making sure that we keep working together to keep this country a united, indivisible entity so that we can tackle our problems together and overcome our challenges together. I would like now to commend Professor Okaba for your emphasis on supporting the fight against insecurity by developing internal control mechanisms as well as working with other institutions in the country to address our current security challenges. While I thank you once more for this visit and I will continue to count on your support as we work towards resolving our current challenges. God Bless the Federal Republic of Nigeria.”

The post Presidency reacts to fresh threats by Niger Delta Avengers to attack oil pipelines first appeared on InsideOjodu.]]>
https://www.insideojodu.com/presidency-reacts-to-fresh-threats-by-niger-delta-avengers-to-attack-oil-pipelines/feed/ 0
We passed President Buhari’s loan request to stop our economy from sliding into depression- Senate President https://www.insideojodu.com/we-passed-president-buharis-loan-request-to-stop-our-economy-from-sliding-into-depression-senate-president/ https://www.insideojodu.com/we-passed-president-buharis-loan-request-to-stop-our-economy-from-sliding-into-depression-senate-president/#respond Mon, 08 Jun 2020 09:12:35 +0000 https://www.insideojodu.com/?p=13590 The president of the Senate, Ahmed Lawan, has said that the $5.5 billion loan…

The post We passed President Buhari’s loan request to stop our economy from sliding into depression- Senate President first appeared on InsideOjodu.]]>
The president of the Senate, Ahmed Lawan, has said that the $5.5 billion loan request by President Buhari was approved by the Senate so as to save over 20 million jobs in the country and also stop the economy from sliding into depression.

Speaking over the weekend, Lawan said the loan was not approved for frivolous reasons but for the betterment of Nigerians.

He said “We are not doing that in a frivolous way. We are very mindful, we are very patriotic on the way and manner we grant or endorse these requests and we are also very meticulous. Our Committees on Foreign and Domestic Loans have gone through all the papers to ensure that there is justification for those loans. And in fact, in the Senate, we didn’t pass all the loan requests. We passed only the request for $5.513b. There was a $1.5b request for states. We could not see the justification and we said no. So, it was not everything that was requested that was granted by the Senate. I want to assure Nigerians that we would always be guided by the need for our country to be prudent; by the need for our government to be prudent and efficient in the deployment of resources. And of course, in the process, we should also explore other means of funding our projects like the partnership with the private sector. All we need to do is to create an environment for the private sector to participate. Well, we have a shortfall of almost $14.2b funding gap for 2020 Budget. And with COVID-19, came so many negative things that have visited adverse outcomes on our people. We didn’t make hay while the sun shone when we had our crude selling for over $140 per barrel in the past. We didn’t diversify the economy, we didn’t invest in the real sectors of the economy and most of the resources were frittered. Now, we have come to a point where we have to address the infrastructure gap that we have but the resources are so low. Crude at one point was selling for $10 and $11 per barrel, especially when this COVID-19 thing started around March. We have very significant projects that we need to put in place like the Second Niger Bridge, the Mambilla Hydro-Power Project; the East-West Road, Lagos-Ibadan Expressway, Lagos- Kano Rail Line; Port Harcourt-Maiduguri Rail Line and so many other projects that are as well important. But we don’t have the money. Tell me, if you don’t have the resources and you still needed these projects because with some of them you can pay back what you owe once they are operational. Would you because you don’t want to obtain the loans, you will say let me abandon these projects. Or, you will say I will take the loans but I will ensure that all the loans I take and every other resource I put on these projects are properly, efficiently and prudently applied and deployed. For us in the National Assembly, we are conscious of the fact that this economy, as affected by COVID-19, if it persists, you could lose over 20million jobs in this country. The economy could go into serious recession probably up to -4% or even -5 % of the GDP. So, you need to have the resources to invest so that the economy does not go into recession and also to ensure that people don’t lose their jobs. Therefore, when the Federal Government was able to get concessionary, multilateral or bilateral loans with very favourable conditions of maybe 1%, 10 years or 20-year moratorium, what can you do? You cannot run away from your challenges”.

The post We passed President Buhari’s loan request to stop our economy from sliding into depression- Senate President first appeared on InsideOjodu.]]>
https://www.insideojodu.com/we-passed-president-buharis-loan-request-to-stop-our-economy-from-sliding-into-depression-senate-president/feed/ 0