Nigeria spends $10b annually on infrastructure

NigeriaNigeria currently spends N1.6trillion ($10b) on infrastructure per annum, Minister and Deputy Chairman of the National Planning Commission of the Presidency, Dr Shamsuddeen Usman has said.

Presenting the Draft National Intergrated Infrastructure Master Plan at a validation workshop for the masterplan in Calabar, the Cross River State capital, Usman said N480 trillion ($2.9trillion) is required to close Nigeria’s infrastructural gap over the next 30 years.

Usman who spoke through the Director of Infrastructure in the commission, Olugbenga Adigu, said in the short term, transport and energy should be prioritised as asset classes with the largest immediate economic benefit.

Nigeria, he said should be able to export electricity to other Economic Community of West African States (ECOWAS) countries by 2043 among other sectorial goals, he projected.

Secretary of the Commission, Mr Fidelis Ugbo, said in view of the country’s huge infrastructure gap which has slowed down development it became imperative for the Federal Government to respond by initiating the process for the development of the masterplan.

He said the masterplan is a 30-year plan for accelerating infrastructure development in Nigeria.

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Fayemi Declares Second Term Ambition On Historic June 12 Celebration

kayode-june-12With these words, Ekiti State Governor, Dr. Kayode Fayemi, heeded the call of the majority of the people of the state to run for a second term in office in the 2014 governorship election.

Fayemi accepted the offer to present himself for re-election before a mammoth crowd at the Oluyemi Kayode Stadium, Ado-Ekiti, the state capital where the 20th anniversary of the June 12, 1993 presidential election was marked amidst pomp and pageantry. Continue reading

Scorecard of Nigerian security agencies online

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State Security Service

A visit to the website of the State Security Service, http://www.dss.gov.ng, on Tuesday showed that the platform is dormant. Virtually all the sections of the website containe no single information. In fact, the ‘

Wanted List’ section, which one would have ordinarily expected to be active, was left with no information.

A check on similar secret and intelligence agencies in the United States – including the Federal Bureau of Investigation and the Central Intelligence Agency – painted the picture of the seriousness with which the country deployed information and communication technology to nip kidnapping and terrorism in the bud. Continue reading

2015 polls will be better than 2011 – Jega

INEC-Chairman

The Independent National Electoral Commission on Monday assured that the 2015 polls would be better than the 2011 elections.

Speaking in Abuja when he received the Federal Radio Corporation of Nigeria management team led by its Director-General, Dr. Samson Shuaibu, chairman of the commission; Prof. Attahiru Jega called on stakeholders to support the commission in its determination to conduct a free, fair and credible elections in 2015.

The INEC boss also promised that the Commission was committed to a thorough voter education and public enlightenment before the 2015 elections.

He said, “We in INEC are aware of the enormous responsibilities that have been placed in our hands to produce a framework and deepen democracy in our country. We have been doing our best in that regard. We have benefited tremendously from the participation of all stakeholders, and their assistance was responsible for the achievements recorded in the 2011 elections. Continue reading

BURNING OF CORPSES: Lagos Governor Signs Cremation Bill Into Law

fasholaGov. Babatunde Fashola of Lagos state, on Monday signed the Cremation Bill into law,allowing residents to burn their dead if they so wish.

The new law also empowers medical practitioners, with government approval, to cremate abandoned and unclaimed corpses after a reasonable period of time has been given as notice.

Fashola said the law was enacted to provide more choices in a growing global state and accommodate the different beliefs of residents.

“The law tells a story of the full consciousness of how global our state has become; people migrate here, build homes here, set up businesses here. Continue reading

Deal With Oil Thieves, UK Tells Nigeria

The British deputy high commissioner (DHC), Mr Peter Carter, has described as criminals those involved in illegal bunkering, pipeline vandals and others involved in illegitimate scooping of Nigeria’s oil.

Carter also expressed deep fears that if the trend is not addressed appropriately, the impact it will have on the economy would be colossal. Continue reading