Senate gives NPA 48hrs ultimatum to produce unaccounted $1.8bn – Newstrends
Connect with us

News

Senate gives NPA 48hrs ultimatum to produce unaccounted $1.8bn

Published

on

Senate gives NPA 48hrs ultimatum to produce unaccounted $1.8bn

Senate Committee on Public Accounts has issued a 48 hours ultimatum to the management of the Nigeria Ports Authority, NPA to provide answers into the over $1.8billion unaccounted for, in the purse of the Authority.

It also threatened to “use all instruments available by law to bring the management of NPA to order” if it violates the ultimatum.

Chairman of the committee, Senator Ahmed Wadada Aliyu while briefing journalists on Tuesday at the National Assembly, disclosed that the NPA management has been unable to clarify on the whereabouts of $ 852, 930, 730, $ 1, 878, 509, 057 belonging to the agency.

Senator Aliyu also berated the Managing Director of the NPA over alleged refusal to appear before the panel, adding that his representative was nowhere to be found when it was time for the interface.

READ ALSO:

He said: “Nobody is above the law, or would be allowed to take the institution of the National Assembly for granted. We are the people’s parliament. We are here on the mandate of the people, and we will not take disrespect from anybody.”

The committee chairman further revealed that the management of the NPA would not furnish details on $68 million covering “outstanding estate rents, shipping bills, service boats, among others.”

Senator Aliyu added that the status of long standing debts and debtors form part of the issues that the management is expected to answer.

Others, according to him, are Lagos Channel management, Bonny Channel management, Calabar Channel management.

Meanwhile, the panel had interface with the management of the National Commission for Colleges of Education, NCCE; Nigeria Mining Cadastre Office, NMCO, and the Nigeria Customs Service (NCS), respectively.

Senate gives NPA 48hrs ultimatum to produce unaccounted $1.8bn

News

No child should go to bed hungry, Tinubu seeks French investment in Nigeria’s food security

Published

on

President Bola Tinubu and France President, Emmanuel Macron

No child should go to bed hungry, Tinubu seeks French investment in Nigeria’s food security

President Bola Tinubu, Thursday, at the prestigious Palais des L’Élysée, told France President, Emmanuel Macron, that a starved nation will not care about weather or environment, and that in the 21st century no child should go to bed hungry.

President Tinubu at a high-profile meeting with President Macron also affirmed Nigeria’s strong commitment to enhancing cooperation in key sectors such as food security, energy, solid minerals, education, and defense. At a joint press conference, President Tinubu highlighted the vast, yet largely untapped potential within Nigeria’s agricultural sector and beckoned international investors to capitalize on the nation’s welcoming investment climate.

Tinubu in a statement by his Special Adviser on Information and Strategy, Mr. Bayo Onanuga, said: “The French-Nigeria Business Forum is doing a lot already, but we need to do more on food security. We cannot help but invest in another’s country.”

He emphasised Nigeria’s flourishing financial sector as a facilitator for foreign investment, particularly from French enterprises, as part of the drive to bolster food security.

“Nigeria’s financial sector is evolving and flourishing. We are also creating grounds for investment in Nigeria’s economy for French nationals, especially in the area of food security.

“It is our responsibility to put together a food security programme for the private sector to come and invest in the country.

“We are working on stability and we are getting closer and closer, but we can do better and better,” the President stated.

READ ALSO:

President Tinubu said Nigeria’s economy was being repositioned for more Foreign Direct Investment that will directly impact the livelihood of the citizens.

“I can assure you that Nigeria is open for business and close to this, we have a vibrant youth population that is educated, and ready to be trained in various areas of entrepreneurship and development,” he said.

No child should go to bed hungry, Tinubu seeks French investment in Nigeria’s food security

Continue Reading

News

2023 Hajj: NAHCON refunds N5.3b to states, tour operators

Published

on

2023 Hajj: NAHCON refunds N5.3b to states, tour operators

The National Hajj Commission of Nigeria (NAHCON) said it has disbursed refunds amounting to N4.4 billion to 36 States’ Pilgrims’ Welfare Boards, the Federal Capital Territory (FCT) and the Armed Forces pertaining to the Masha’ir (core Hajj period) electricity services not rendered properly by the Saudi Authorities during the 2023 Hajj

The Head, Public Affairs, NAHCON, Malam Muhammad Musa, made this known in a statement on Thursday in Abuja.

Musa explained that in addition, the Commission has refunded a sum of N917,148,479.99 to 192 accredited Tour Companies that participated in the 2023 hajj.

” This amount is intended for onward disbursement to their respective pilgrims, while the remaining participating companies will also be refunded after due reconciliation.

“This refund underscores NAHCON’s commitment, under the leadership of its Chairman, Prof. Abdullahi Usman, to uphold transparency and accountability in the management of Hajj operations.”

Musa explained that all pilgrims who participated in the 2023 hajj were advised to contact their respective State Pilgrims’ Welfare Agencies, Boards and Commissions or tour operators to claim their refunds.

READ ALSO:

“Each Pilgrim, is entitled to receive a refund of N61,080.00. A detailed breakdown of the number of pilgrims per state and the corresponding amounts is attached to this press statement.

“The commission hereby calls upon all 2025 hajj intending pilgrims to promptly deposit their hajj fares with their respective state pilgrims boards.

“This measure is essential to ensure the timely transmission of funds to NAHCON, thereby facilitating early arrangements of the 2025 Hajj in strict compliance with the guidelines set forth by the Kingdom of Saudi Arabia.

“In the interest of transparency and due process, NAHCON calls upon the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices and Other Related Offences Commission (ICPC), and other relevant security agencies to closely monitor the refund process.

“This collaboration aims to ensure that all refunds are appropriately disbursed and reached the intended beneficiaries without any discrepancy,” Musa said.

 

2023 Hajj: NAHCON refunds N5.3b to states, tour operators

(NAN)

Continue Reading

News

Macron welcomes Tinubu, Remi in historic France visit

Published

on

France's President Emmanuel Macron (R) and first lady Brigitte Macron (2ndL) welcome their Nigerian counterpart Bola Tinubu (2ndR) and Oluremi Tinubu

Macron welcomes Tinubu, Remi in historic France visit

President Bola Tinubu on Thursday began a two-day visit to France, with both countries seeking increased economic cooperation and Paris looking to boost ties in English-speaking Africa following a series of setbacks with former allies on the continent.

French President Emmanuel Macron met his counterpart at the historic Invalides Memorial Complex, with the first official state visit by a Nigerian leader in more than two decades.

The two national anthems sang out in the courtyard of one of Paris’ landmarks, kicking off a visit focused on encouraging economic partnerships between France and Africa’s most populous country.

Macron has sought a “renewal” between Paris and Africa since his 2017 election and after military coups and changing attitudes lessened France’s influence in Africa.

READ ALSO:

The visit is “an opportunity to deepen the already dynamic relationship between France and Nigeria”, Macron’s office said.

Nigeria is Africa’s leading oil producer and has a robust film and entertainment industry.

However challenges posed by insecurity and corruption have left 129 million Nigerians — more than half the country’s population — living below the poverty line.

Nigeria is seeking to build ties in “agriculture, security, education, health, youth engagement, innovation and energy transition,” Tinubu’s office said in a statement, adding that the president had landed in Paris on Wednesday evening.

Tinubu and Macron will also address “shared values concerning finance, solid minerals, trade and investment, and communication,” it added.

Macron welcomes Tinubu, Remi in historic France visit

Continue Reading

Trending