Aso Villa Reads for 12/6/18
Every day, we bring you the best stories the media is reporting about the Government of Nigeria.
According to Punch, “the Federal Government and GAVI, the Vaccine Alliance, have pledged $2.7bn (N972bn) to immunization and revitalization of the Primary Health Care system from 2018 to 2028. The Minister of Health, Prof. Isaac Adewole, said this at a press conference in Abuja on Monday. Adewole said while GAVI would provide $1.03bn, the Federal Government would make $1.9bn available for the 10-year project. The minister described the project as the “largest single investment of any kind in the health sector since the history of the Primary Health Care system in Nigeria and heralds a new path to improving the health of Nigerians.”
“The Federal Government has said it is committed to eradicating estimated billing by securing a N37 billion funding to provide meters through the new regulation, Meter Assets Providers (MAP). The Minister of Power Works and Housing, Babatunde Fashola, disclosed this at the 28th Monthly Meeting of Power Stakeholders in Kaduna. The Minister, who did not mention the name of the company, said the federal government provided the fund based on the demand for meters, given the increasing power generation, transmission and distribution in the country.” According to Fashola, “As power supply continues to increase in Generation, Transmission and Distribution, the demand for meters will increase because more power supply and consumption will likely result in increased bills. Estimated billings in these circumstances will become a major cause of distrust and conflict between consumers and DisCos, and meters are the easiest way to build the bridge of trust.” Daily Trust reported this.
This Day reports that “the Federal Government has declared June 15, and 18 as public holidays to celebrate the 2018 Eid-el-Fitr. The Minister of Interior, Lt-General Abdulrahman Dambazau (rtd), made the declaration yesterday in Abuja on behalf of the Federal Government in a statement issued by the Permanent Secretary of the Ministry, M. Umar. He congratulated the Muslim faithful on a successful completion of the Ramadan fast and enjoined all Nigerians to use the occasion of the celebration to pray for the peace, unity, prosperity and stability of the country. Dambazau said it was the government’s desire that all Nigerians be inspired by the virtues gained during the holy month of Ramadan to live a life of sacrifice, charity and love for one another.”
“Nigeria and Morocco yesterday in Rabat, Morocco, signed three agreements including a regional gas pipeline that will see Nigeria providing gas to countries in West Africa that extend to Morocco and Europe. The signing was witnessed by President Muhammadu Buhari and King of Morocco, His Majesty King Mohammed V1, the Senior Special Assistant to the President on Media and Publicity, Malam Garba Shehu, said in a statement.” According to Daily Trust, “he said this followed a meeting between the two African leaders that focused on strengthening economic relations in gas resource, global investments and agricultural training and management. Shehu said: “The feasibility study of the agreement on the pipeline, which was signed by the Group General Manager, Nigerian National Petroleum Corporation (NNPC), Mr Farouq Said Garba, and Mrs Amina Benkhadra, Director General of the National Office of Hydrocarbon and Mines, will be concluded by July 2018.”
According to Business Day, “Nigeria’s minister of works, power and housing, Babatunde Fashola, has assured investors, residents and visitors of one of the largest industrial hubs in the country, including Sango, Ota, Igbesa, Agbara, of Federal Government’s plans to revamp aging infrastructure, especially roads, within the axis. The Federal Government’s assurance on infrastructure upgrade within all existing industrial hubs in the country was made at the Ministerial Conference on West African Road Projects held in Cotonou, Republic of Benin on Friday, following an appeal directed at Nigeria government by Oba Adeyemi Obalanlege, the Olota of Ota.”
Daily Trust reports that “the Mokwa-Jebba road, where a bridge collapsed, has been temporarily reopened to traffic on Monday, though work continued on the collapsed bridge portion, Daily Trust learnt. The Federal Road Safety Corps said prompt action by power, works and housing minister Babatunde Fashola was instrumental. In a statement signed by the Corps Public Education Officer, Bisi Kazeem, he confirmed on Monday evening that vehicles plied both sides of the road. Corps Marshal of FRSC, Boboye Oyeyemi expressed satisfaction with the promptness in which the remedial work was done that has warranted movement of vehicles again on the road. He said the personnel will still be on ground to carry out traffic control and traffic calming until normalcy is finally restored at the spot.”
According to Business Day (Thursday 12 June 2018, page 31) reported that “the Nigeria Sovereign Investment Authority (NSIA) will begin to deploy the newly approved $650m Presidential Infrastructure Development Fund (PIDF) next month, as it aggressively scales up infrastructure investments to 50 percent of its core resources. Approved last month by President Buhari and later authorized by the National Economic Council NEC, the new injection raises total capital under the NSIA management to $1.95 billion excluding some third party money — $350m being managed on behalf of the Nigerian Bulk Electricity Trading (NBET) and $100 for the Debt Management Office (DMO). Uche Orji, Chief Executive Officer, NSIA told Business Day that they project that the new fund would enable additional $8 billion worth of projects.”
“Nigeria’s Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, was yesterday named as the new President of the African Petroleum Producers’ Organisation (APPO). Kachikwu’s announcement was made at the opening ceremony of the Extraordinary Session of the Council of Ministers of APPO held in Abuja. Kachikwu who replaced Chadian Oil Minister, Michel Boukar, in his inaugural address pledged to further reposition the organisation to be a key player in the global energy sector. APPO, which is an association of African oil and gas producers, was founded in 1986 in Lagos, with its headquarters in Brazzaville in Congo. It currently comprises 14 member countries: Algeria, Angola, Benin, Cameroon, Chad, Democratic Republic of Congo, Congo Brazzaville, Côte d’Ivoire, Egypt, Gabon, Equatorial Guinea, South Africa, Libya and Nigeria”. Daily Trust reported this.