News
Delta approves N3.9bn disbursement for D-CARES programme
The Delta State Executive Council has given its approval for the disbursement of N3,887,277,784.66 as part of the D-CARES implementation program of the state government. This marks the second reimbursement from the World Bank. Commissioner for Economic Planning in Delta State, Sonny Ekedayen, made this announcement during a press briefing on Friday, where he discussed key decisions made at the state executive meeting chaired by Governor Sheriff Oborevwori.
Ekedayen mentioned that the funds have been allocated through Direct Cash Transfer, FADAMA, Livelihood, and Direct Labour. The approval aligns with Governor Oborevwori’s focus on human capital development and social intervention. Some Deltans have already begun receiving alerts, and Ekedayen emphasized that this initiative will continue. He explained that the coordinating body, NG-CARES in Abuja, is expected to conduct another round of independent verification exercises in early January next year, where Delta State’s progress will be assessed, potentially leading to additional reimbursements.
The commissioner commended the State House of Assembly, particularly Speaker Emomotimi Guwor, Chair of the House Committee on Appropriation Marilyn Okowa-Daramola, and other members for the swift passage of the 2024 Delta State budget recently signed into law by the governor. Ekedayen clarified that the additional N10 billion in the appropriation bill was intended to facilitate more infrastructural transformation.
Regarding the state’s internally generated revenue, which exceeded expectations at N144 billion compared to the initial N110 billion, Ekedayen expressed confidence that the implementation of the 2024 budget would not encounter challenges.
Commissioner for Works (Rural and Riverine Roads) Charles Aniagwu also briefed journalists, noting the approval for the reconstruction of the road from Okan Junction in Okpe, passing through Agbarho in Ughelli North, to connect to the East-West Road. The 3.47-kilometer project aims to ease traffic flow during the construction of flyovers around PTI, DSC, and the Effurun roundabout. Additionally, the executive council directed the Ministry of Works to investigate the state of the Bomadi Road, addressing concerns about its condition. Plans are underway to assess the road and provide cost estimates for necessary improvements in the coming weeks.
Benson Upah, spokesperson for the Nigeria Labour Congress (NLC), has cautioned that Nigerians might eventually face petrol prices of N5,000 per litre.
In an interview with Weekend Trust, Upah criticized the recent increase in fuel pump prices and argued that it contradicts the agreement previously made between the NLC and President Bola Tinubu’s administration.
He asserted that the Federal Government’s claims of restoring the fuel subsidy are untrue.
Upah remarked, “The subsidy was never reinstated as they have stated. So, what justifies the rise in pump prices from N650 to N1,500 or even N2,000?
“This situation suggests that we might not have seen the worst yet. There is a possibility that fuel prices could reach N5,000 per litre. We hope it doesn’t come to that, but if it does, it will be up to Nigerians to make the decision.”
The Nigerian Education Loan Fund (NELFUND) has announced the receipt of a two million Naira bank draft from Adegboyega Awomolo, SAN, a former student loan beneficiary.
This information was disclosed in a statement by Monalisa Dike from the Corporate Communications Department of NELFUND on Friday in Abuja.
Dike noted that Awomolo had received the loan during his undergraduate studies at the University of Ife (now Obafemi Awolowo University) from 1975 to 1977.
She mentioned that Awomolo had fully repaid the loan, showing his strong commitment to the country.
“The original loan amount was N1,000 for two academic sessions, which played a crucial role in his completion of the law degree.
“Although Awomolo had attempted to repay the loan several times over the years, he was only able to settle it now.
“In his letter to NELFUND’s Managing Director, Mr. Akintunde Sawyerr, Awomolo expressed his appreciation for the student loan opportunity provided by the Nigerian government,” Dike said.
She added that Awomolo praised the transparency and accountability NELFUND has shown in managing student loans.
Dike emphasized that Awomolo’s repayment highlights the enduring impact of President Bola Tinubu’s initiative and NELFUND’s continued importance in supporting Nigerian students.
She also mentioned that the repaid funds will be used to support the education of current students in need of loans.
The Niger Delta Development Commission (NDDC) has issued a warning to the public about scammers pretending to represent the NDDC Youth Internship Scheme.
The NDDC also noted that registration for the scheme ended on August 31, 2024.
This information was released in a statement on Friday by Seledi Thompson-Wakama, Director of Corporate Affairs at the commission, and shared with DAILY POST.
The statement reads, in part: “We have received reports of individuals receiving unsolicited messages claiming they have been selected for the NDDC Internship Scheme, which includes requests for personal information and an acceptance fee.
“The NDDC does not charge any fees for placing qualified youths in its internship programme. We want to make it clear that these fraudulent selection messages are not affiliated with the NDDC.
“Any official communication from us will only come through our verified websites and social media channels. If you receive a message like this, please ignore it and report it to the relevant authorities. Your safety and privacy are our top priorities.
“For genuine inquiries about our empowerment programs, please contact us directly through our official channels.”
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