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Oyo govt. to unveil anti- corruption agency next week
The Seyi Makinde led Oyo state government on Friday hinted that it has concluded all arrangements to inaugurate it’s long- awaited Anti-Corruption Agency.
Governor Makinde, who disclosed this while playing host to the 56th President of the Institute of Chartered Accountants of Nigeria (ICAN) and other executive members of the body at the Governor’s Office, Secretariat, Ibadan, informed that the anti-graft body will be unveiled next week.
He also maintained that probity, accountability and transparency will continue to remain the hallmark of his administration.
A statement by the Chief Press Secretary to the governor, Mr. Taiwo Adisa, quoted the governor as telling the ICAN team, led by its 56th President, Dame Onome Joy Adewuyi, that the state will continue to collaborate with ICAN to ensure accountability and transparency in the state’s financial dealings.
The statement further indicated that Governor Makinde told his visitors that the state would launch the anti-corruption agency to ensure accountability across Ministries, Departments and Agencies of government.
He said: “Of course, accountability is something that is sacrosanct in this present administration. To demonstrate the transparency within this administration, you said I am the first person to get the report. Well, you will also be the first one to learn something about the Oyo Anti-Corruption Agency.
“The name of the agency will be launched openly within the next week. I asked for three people to be nominated but I did not give an inkling why I asked for those nominations. But then, they gave me two names. One of them will be a member of the Oyo State anti-corruption agency.
“One of your members will definitely be serving us within that agency. That is how we believe the government should be run. It should not be a government of cronies. The name of the body is OYACA. We will definitely continue to leverage on the relationship with ICAN at the state level and also nationally.”
The governor maintained that Oyo State has been collaborating with ICAN for years, saying that the government needs to be transparent in order to be able to engender good governance.
He promised that the present administration in the state will continue to leverage the relationship with ICAN towards entrenching fiscal discipline and transparency in the management of public funds.
He said: “We have been collaborating with ICAN and it is a professional body that we are proud of. When the past president was talking about the accountability index, we were not surprised about the position of Oyo State in 2017, 2018, and before we came in, but government is a continuum. And what we have done is to, basically, look at what we met and we have tried to chart a path for the state.”
The governor said that his administration would continue to support the civil servants by affording them regular training both internally and externally.
“Concerning the issues raised regarding employment, cadres and levels, the Head of Service is here and I am sure she has listened to you. We are not quick to shy away from taking on issues head-on. She will look at it, look at the rules of engagement in Oyo State. And where we can amend the laws; we will definitely do it.
“I will also like to let you know that we have always sponsored chartered accountants to external programmes and we will continue to do that,” the governor said.
While speaking earlier, the ICAN President said the visit was to appreciate Governor Makinde for the support that the Ibadan District Society of ICAN has been enjoying since he assumed office as governor.
She commended the governor for recording different feats in infrastructure development and setting a new pace by putting up an Infectious Disease Research and Treatment Centres when other states were erecting temporary isolation centres during the COVID-19 pandemic.
She said: “The state under your able leadership has witnessed visible infrastructural development. ICAN is particularly encouraged with the renewed focus in Oyo State and to provide an enabling environment for learning and capacity building which is one of our core interests as a professional body.
“Your Excellency’s administration has also given the welfare of Oyo State citizens and residents, including civil servants, a top priority. There is no gainsaying the fact that your agenda is people-focused with a robust citizen’s complaints platform and prompt payment of salaries and pensions.
“Your 18 months as the Governor of Oyo State has, no doubt, convinced the citizens and everyone watching social and the economic development of the state that you were fully prepared to face the challenges of leadership.
“Your Excellency, we are greatly delighted with the opportunity of this visit to the Pacesetter State and to pay you this courtesy call as part of my working visit to Ibadan and the District Society of the Institute of Chartered Account of Nigeria.
“I wish to specially express our deep appreciation to Your Excellency for the support that the Ibadan District Society of our institute has enjoyed from your administration and, most recently, the huge donation towards the building of the District Secretariat. We are grateful. We appreciate it. We thank you and that is one of the key reasons why we have come to pay you this courtesy visit.”
She appreciated the governor for employing chartered accountants in the service of the state and also appointing them into political offices, stating that the Commissioner for Finance, Mr Akinola Ojo, FCA and the Accountant-General of the state, Alhaji Garfa Bello, FCA, among others, are respected products of ICAN.
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FG Targets 15m Households for Conditional Cash Transfer Scheme
The Minister of Humanitarian Affairs, Disaster Management, and Social Development, Nentawe Yilwatda, has announced the Federal Government’s plan to reach 15 million households, representing 75 million people, through its conditional cash transfer scheme.
Speaking on Monday during an interview on Channels Television’s The Morning Brief, Yilwatda explained that the initiative is part of President Bola Tinubu’s commitment to mitigating the economic hardships faced by vulnerable Nigerians.
“The president was so specific,” Yilwatda noted.
“There are policies that he brought in to see if that can ease those challenges for people at the lower end of the pyramid. One of those policies is to reach out to 15 million beneficiaries under the conditional cash transfer, targeting households rather than individuals. Each household will receive ₦25,000 monthly, paid three times a year.”
Yilwatda further clarified that the 15 million households being targeted translate to 75 million Nigerians, assuming an average of five persons per household.
So far, the Federal Government has reached five million individuals but is facing challenges in fully sanitizing the social register, particularly with the implementation of the Central Bank of Nigeria’s (CBN) policy mandating digital identities for transparency and traceability of payments.
“Currently, only 1.4 million people on the social register have digital identities. Many of those we are targeting are outside the formal banking system,” the minister disclosed.
Yilwatda emphasized that women are specifically targeted as household leaders under the program to ensure the funds are used effectively for the benefit of children and other vulnerable members of society.
The conditional cash transfer programme, which is administered under the National Social Investment Programme, had earlier been suspended by President Tinubu in January due to allegations of corruption. However, the scheme was reinstated in February, with plans to extend the initiative to an additional 12 million households.
News
Fuel Price Relief: PETROAN Promises Pump Price Drop This Week
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has assured Nigerians of a reduction in the pump price of petrol within the week, following adjustments to the ex-depot price by key players in the industry.
Last week, the Nigerian National Petroleum Company (NNPC) Limited and the Dangote Refinery announced a reduction in the ex-depot price of petrol to ₦899 per litre in Lagos. Despite this, the pump price at many filling stations across the country has remained unchanged.
However, PETROAN President, Billy Gilly-Harry, during a Monday appearance on Channels Television’s Sunrise Daily, expressed optimism that the price change would soon reflect in retail outlets.
“But I believe from today when members start loading from both NNPC and Dangote at this new price reduction, it will reflect in the market,” he said.
Gilly-Harry lauded some members of PETROAN, particularly in Abuja, for proactively reducing their pump prices to below ₦1,000 even before the official announcement. He emphasized that while members strive to serve Nigerians by providing affordable fuel, they must maintain marginal profitability to sustain operations.
“We don’t encourage our members to try to sell products at a loss because our focus is to serve Nigerians. And the only way we can serve Nigerians is when we have the resources to do so. The resources can only be there if we’re making marginal profit enough to pay for the cost of money and ensure continuity in business,” he noted.
Addressing concerns over the delay in implementing the price reduction, Gilly-Harry explained that some retailers are still selling old stock purchased at higher prices.
“This reduction, if you apply it immediately, don’t forget that some of them bought at ₦970, paid transportation costs and logistics that have taken it quite high,” he said. “By the time it gets to their retail outlets, it’s quite much more than that. And so they must also sell at a profit – minimal marginal profit as provisioned by the PIA. So, that’s the reason.”
The PETROAN boss commended both the NNPCL and Dangote Refinery for their efforts in reducing the ex-depot price, which he described as a significant step toward easing the burden on Nigerians.
Nigerians are now hopeful that the price adjustment will translate into tangible relief at filling stations in the coming days.
News
FG Declares Festive Public Holidays
The Federal Government has declared Wednesday, December 25, and Thursday, December 26, 2024, as public holidays to mark Christmas and Boxing Day, respectively. Additionally, Wednesday, January 1, 2025, has been declared a public holiday to celebrate the New Year.
This announcement was made by the Minister of Interior, Dr. Olubunmi Tunji-Ojo, in a statement signed by the Permanent Secretary, Dr. Magdalene Ajani. The minister extended warm greetings to all Nigerians, urging them to embrace the festive period as an opportunity to reflect on the values of love, peace, and unity that the season represents.
Tunji-Ojo emphasized the significance of the season in fostering harmony and strengthening family and community bonds.
“The Christmas season is a good moment for both spiritual reflection and national renewal. As we celebrate the birth of Jesus, the Prince of Peace, let us demonstrate kindness and extend goodwill to one another, irrespective of our differences,” he stated.
He further encouraged citizens to remain committed to peace, unity, and progress for the development of the nation, stressing the Federal Government’s dedication to ensuring security and prosperity across the country.
While wishing Nigerians a Merry Christmas and a prosperous New Year, the minister expressed confidence in the Renewed Hope Agenda of President Bola Ahmed Tinubu’s administration.
He assured citizens that the coming year would usher in a stronger and more prosperous economy that would set Nigeria on a global pedestal.
The minister concluded by calling on Nigerians to celebrate responsibly, maintaining peace and unity throughout the festive season.
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