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Nigeria’s Excess Crude account stands at $2.09bn – NEC

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The National Economic Council (NEC) says Nigeria’s Excess Crude Account stood at over $2.09 billion as at Oct. 16.

Bauchi State Governor, Mohammed Abubakar, said this while briefing State House correspondents after NEC meeting on Thursday at the Presidential Villa, Abuja.

Abubakar said that the Minister of Finance, Zainab Ahmed, gave the update on the Federation Account Allocation Committee (FAAC), Excess Crude Account, Stablisation Fund Account and Natural Resources Development Account.

“She presented a budget estimate for the FAAC meetings of 2018; usually these budgets estimates are prepared by the Office of Accountant General and tabled before the NEC for approval.

“A total budget of N650 million was approved for the conduct of the FAAC meetings for 2018, later on the minister gave update of the Excess Crude Account as at Oct. 16, 2018 which stood at 2.09 billion dollars.

“The Stablisation Fund Account stands at N21.9 billion and then the Natural Resources Development Fund stands at N119. 7 billion.’’

He said that there was also an update on the ad hoc committee set up by NEC to address the problem of crude oil theft and its prevention and control.

Abubakar said that the committee used to be headed by the then Governor of Delta State, Dr Emmanuel Uduaghan, but NEC had approved the nomination of Edo State Governor, Godwin Obaseki, to head the committee.

The other governor members of this committee are governors of Akwa Ibom State, Delta, Bayelsa, Cross River and Ondo.

He listed other members of the committee as the Ministers of Budget and Planning, Finance, Petroleum Resources, and representatives of the all the security agencies in Nigeria.

Abubakar said that the Minister of Youths and Sports, Solomon Dalung, gave a presentation on the sporting activities that were conducted by his ministry.

He said that Dalung spoke specifically on the National Youth Games and the National Sports Festival.

“He indicated that the National Youth Games has been held successfully with 32 states participating and that the next edition of the National Sports Festival is in high preparation.

“The Minister of FCT has agreed to host the 19th edition of the National Sports Festival. He called on governors to support the process by preparing participants on time and supporting their participants to the venue.

“Giving adequate security for the participants including also kitting the participants for the festival as well as paying their participation fees to the organisers of the festival, ‘’ he said

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Footballer Tiyamiyu Kazeem ‘killed by SARS operative’ buried amid tears (PHOTOS)

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Tears flowed, tributes poured in as the remains of Tiyamiyu Kazeem a.k.a (Kaka), assistant captain of Remo Stars FC of Ogun State were buried on Thursday at his family house in Ajaka, Sagamu, Ogun state, according to Islamic rites. The Witness reports.

The footballer was allegedly pushed out of a vehicle by an operative of the Special Anti Robbery Squad (SARS), Inspector Olaniyi Ogunsoro, who had mistaken him for a suspected internet fraudster (Yahoo boy), before he was hit by an incoming vehicle on Saturday.

See photos below:

Footballer Tiyamiyu Kazeem ‘killed by SARS operative’ buried amid tears (PHOTOS)

Late Tiyamiyu Kazeem

 

Footballer Tiyamiyu Kazeem ‘killed by SARS operative’ buried amid tears (PHOTOS)

During the candle light ….on Wednesday

Footballer Tiyamiyu Kazeem ‘killed by SARS operative’ buried amid tears (PHOTOS)

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Man treks from Calabar to Yenagoa for new Bayelsa Governor Diri

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Man treks from Calabar to Yenagoa for new Bayelsa Governor Diri

Murtala Anas Jos, an indigene of Plateau State and staunch supporter of the Peoples Democratic Party (PDP), Nigeria’s main opposition party, has trekked from Calabar, Cross River State to Yenagoa, the Bayelsa State capital to celebrate the victory of Bayelsa Governor Diri.

The Witness reports that Jos, who arrived Yenagoa on Wednesday, February 26, said it took him eight days to complete the journey, adding that he undertook the task to mark the victory of his party and Governor Douye Diri at the Supreme Court.

Jos said having followed the political trajectory of Diri, he was happy that the senator against all odds later emerged as an incumbent governor of Bayelsa.

The PDP supporter claimed that the main opposition party remained the only party that understood the problems of the country and knew how to address the yearnings and aspirations of the people.

Bayelsa Governor Diri

His words: “I came from Calabar to Bayelsa State. It took me like eight days trekking to reach Yenagoa, Bayelsa State.

“I decided to do this because of the love I have for my party, the PDP and to celebrate with Senator Douye Diri over his victory at the Supreme Court and subsequent swearing-in as the Bayelsa State governor.

“This act is to show how I love and cherish my party, PDP, and to encourage the distinguished gentleman, who has come to work for prosperity, growth and development of Bayelsa State.

“I have never had any interaction with the governor not discussed with him but I’ve been following him since his days in the House of Representatives and Senate, and I know he is the type of leader Bayelsa needs at this moment.

“Though some hoodlums attacked me between Akwa Ibom and Rivers, they snatched my phones but I was not discouraged, because I was eager to celebrate my party’s victory in Bayelsa State”.

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Breaking: Court delivers judgment on Ambode’s suit seeking to stop Lagos Assembly probe

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Breaking: Court delivers judgment on Ambode’s suit seeking to stop Lagos Assembly probe

A suit by a former Lagos State Governor, Akinwunmi Ambode, seeking to stop the State House of Assembly from probing him, has been dismissed by a High Court sitting in Ikeja, the Lagos capital.

The Witness recalls that State Assembly had in August 2019, set up a nine-man ad-hoc committee to probe Ambode’s administration over the purchase of 820 buses for public transportation in the state.

Delivering judgment on Thursday, February 27, Justice Yetunde Adesanya held that the court lacked the jurisdiction to stop the lawmakers from investigating the ex-governor, stressing that the investigation is not an indictment.

“The claimant (Ambode) has not been indicted. An invitation by an agency of government cannot in any way cause a breach of the threat of the fundamental rights of the claimant.

“I hereby find that the claimant’s action is an invitation to the court to cripple the legislative exercise of the statutory power of the Lagos State House of Assembly under Section 128 and 129 of the 1999 Constitution.

“That is not the function of the court, and no court of law should accede such invitation. The claimant’s suit is hereby struck out,” the Judge ruled.

Ambode loses in court

The former Lagos State Governor instituted the civil suit against the State House of Assembly, its Speaker, Mudashiru Obasa, and the Clerk of the House, Mr A. Sanni.

The Witness understands that other respondents to the suit are Fatai Mojeed, the Chairman of an ad-hoc committee, as well as eight members of the committee. They are Mr Gbolahan Yishawu, Mr A. Yusuf, Mr Yinka Ogundimu, Mrs Mojisola Meranda, Mr M. Makinde, Mr Kehinde Joseph, Mr Temitope Adewale, and Mr Olanrewaju Afinni.

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