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24 Dec 2009
By Tosin Fodeke THE Centre for Social Justice, Nasarawa State, has called for the support of a bill that will enhance capacity to improvement on the needed skills for advocacy, monitoring, evaluating and reporting of public procurement implementation in the state. According to the Director, Centre for Social Justice Nasarawa State, Mr. Eze Onyekpere, the bill seeks to among other things to form a common and united front and create a civil society forum on public procurement and empower themselves with the requisite specific knowledge for public procurement reform and public expenditure management. Onyekpere, said the group has organised a workshop to sensitise Nasarawa State Civil Society Organisations (CSO) on best practices in public procurement reforms, the provisions of the Public Procurement Bill before the Nasarawa State House of Assembly and to build their capacity to improve on the needed skills for advocacy, monitoring, evaluating and reporting of public procurement implementation in the State
24 Dec 2009
By Andrew Iro Okungbowa & Babatola Adeyemi TO make NigeriaÕs 50th anniversary celebration next year a unique one, a multi-faceted approach to addressing NigeriaÕs economic nay national development challenges was unfolded on Tuesday in Lagos. Indeed, stakeholders who gathered at the event organised by ALLSTATES group were very optimistic that the latest initiative would not go the way of previous genuine attempts at repositioning the country. Justifying the national development agenda at a Media EditorsÕ briefing, the Managing Director of ALLSTATES group, Alhaji Salem Kareem Rabo declared that Nigeria deserved something different from the usual yearly independent celebration as it clocks 50 next year.
24 Dec 2009
From Abiodun Fagbemi, Ilorin GOVERNOR Bukola Saraki of Kwara State, on Tuesday in Ilorin, presented the state's 2010 budget of N67 billion beforethe State House of Assembly as against N70 billion earmarked last year. The budget, christened "Budget of Consolidation," is made up of N37 billion capital expenditure and N30.8 billion recurrent expenditure. Giving the sectoral breakdown, Saraki said works and transport will take the largest share of N9.2 billion; followed by general administration with N6.2 billion, education with N4.2 billion, water resources N4.3 billion, agriculture N3.7 billion, health N2.4 billion and sports and youth development N2.3 billion
24 Dec 2009
From Gordi Udeajah, Umuahia GOVERNOR Theodore Orji of Abia State on Tuesday presented the 2010 budget proposal of N60.7 billion to the House of Assembly, saying the figure represent a 28 per cent increase over the 2009 estimates of N55.5 billion. This 2010 budget proposal put capital and recurrent expenditures at N20.7 billion and N40 billion respectively. Reviewing the 2009 budget which he said showed that by the end of its third quarter, the state achieved 65 per cent of its implementation explained that the estimates suffered serious set-back in its implementation process occasioned by the reduced revenue from the federation account and dwindling internally generated revenue which he said led to downward revision of the 2009 budget from N63.98 billion to N55.56 billion.
24 Dec 2009
THE Niger State government is to spend N111 billion in the next fiscal year with N334.52 billion of the amount coming from the federal allocation, N5135 billion is expected from VAT, and N12 billion will come from internally generated revenue while capital receipt is put at N43.9 billion. . Presenting the budget before the state House of Assembly in Minna on Tuesday, the state governor, Dr. Muazu Babangida Aliyu, said that the budget which is tagged budget of "Consolidation and Accelerated Development," is aimed at completing all the ongoing projects, while viable new initiatives that are critical to sustained economic growth and development would be undertaken. According to the governor, the recurrent is expenditure expected to gulp N37.1 billion, representing 33.28 per cent of the estimate, while N74.4 billion, amounting to 66.72 per cent of the total budget, will be expended on capital projects.
24 Dec 2009
KANO State Governor, Ibrahim Shekarau, yesterday, presented a budget proposal of N110.3 billion to members of the Kano State House of Assembly. The governor, who described the budget tagged: "Budget for Sustainable Economic Growth and Development 2010", noted that the proposed expenditure would be utilised in the pursuit of economic growth in Kano State. The proposed budget is made up of a recurrent expenditure of N48.87 billion and capital expenditure component of N61.62 billion. The proposal is expected to be funded from a total recurrent revenue receipt of N89.39 billion (Federally Collected Revenue and IGR) and capital receipts of N21.1 billion. Highlights of the budget indicate that a total of N9.3 billion has been allocated to the agricultural sector, with the governor explaining that the objective was aimed at integrating and expanding agriculture far beyond subsistence level.  
24 Dec 2009
From RoseAnn Chikereuba, Port Harcourt THE Rivers State government has budgeted over N429 billion for the 2010 fiscal year. Presenting the 2010 appropriation bill to the state's House of Assembly yesterday, Rivers State Governor, Mr. Chibuike Rotimi Amaechi, said the budget was expected to be serviced from the 2010 projected revenue of N369 billion. The 2010 budget would be almost N3.28 billion below that of 2009 budget of N432 billion. The difference in the budget, according to the governor, was because adequate foundations have been laid for the rebuilding of the state. He stressed that the budgets in the first two years in office were motivated by a deliberate policy to promptly tackle the unacceptable abyss of decay into which the human capital and physical infrastructure were ruined.
24 Dec 2009
By Wole Shadare THE Director-General of the Nigerian Civil Aviation Authority (NCAA), Dr Harold Demuren, yesterday, held a close door meeting with officials of Moroccan Airlines-Royal Air Maroc, over allegation of poor sanitation on board its aircraft deployed on the Rabat-Lagos route. The meeting was in respect of reports the NCAA got from passengers of the airlines who alleged lost luggage, poor sanitation and late arrival of the carrier to the country, which they described as odd time. The meeting had in attendance, the general manager of the airline and top officials of NCAA. According to Demuren who spoke to The Guardian, he had directed that the airline should bear the cost of accommodating the passengers in a decent hotel for the long hours they spent waiting for their luggage which never came. He equally stated that he has approved extra cargo flights to bring in outstanding baggage of many Nigerian passengers, in addition to opening an office at the Murtala Muhammed International Airport, Lagos.
24 Dec 2009
Nigeria's current account may have been buffeted as oil prices, which had earlier slumped in defiance of exporting nation's initiatives, rose yesterday to close above $76 a barrel. On Tuesday, the prices hovered around $73 a barrel, which created discomfort among members of the Organisation of Petroleum Exporting Countries (OPEC). The rise came about after a United States of America's government report showed that crude supplies fell more than twice as much as analysts predicted for the second week in a row. Crude oil for February delivery jumped $1.89, or 2.5 per cent, to $76.29 a barrel. On Tuesday, oil rose to settle at $74.40. Yesterday's inventory report "showed extraordinary draw-downs of crude oil, and that speaks to growing demand and a recovering economy," said Mike Fitzpatrick, vice president of energy at MF Global.
23 Dec 2009
A group of aggrieved Niger Delta contractors under the aegis of Concerned Niger Delta Contractors, yesterday, accused the Ministry of Niger Delta Affairs of marginalising companies from the region in its awards of contracts. The group's allegations were contained in a letter to the Director-General, Bureau of Procurement, Mr. Emeka Eze, made available to The Guardian in Calabar, Cross River state. The letter which was signed by the Coordinator of the group, Mr. Bassey Ikpeme; the Secretary, Mr. Awan Agom and nine other contractors alleged that the ministry falsified contract bids it sent to the bureau to further shortchange the Niger Delta indigenous contractors.
23 Dec 2009
No fewer than 70 million Nigerians are still not connected to national grid, even as Federal Government announced rise in power generation to a three-year high 3,600 mega watts (mw). The Nigerians that are yet to be connected to the national grid represent 50 per cent of the nation's population. The Minister for Power, Dr. Olanrewaju Babalola, at a press conference in Lagos recently, expressed dissatisfaction with the situation, pledging that government would make frantic efforts to ensure that all Nigerians enjoy regular power supply.
21 Dec 2009
By Moses Ebosele CONOIL Plc at the weekend said it has commenced multimillion naira expansion agenda aimed at boosting distribution of aviation fuel, lubricants and retail outlets. The project, according to the company will entail building new lubricant blending plans in lagos and Port Harcourt , procurement of modern oil filling equipment, consolidating its strength in jet A1 market, upgrading of existing retail outlets and construction of additional one stop mega stations to achieve a wider spread across the country.

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