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Oyo govt pays counterpart fund for World Bank project on rural access roads

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Oyo State governor, Engineer Seyi Makinde, revealed on Wednesday that his government promptly paid the counterpart fund for Development Partners-backed Rural Access and Agricultural Marketing Project (RAAMP) to ensure accelerated development of the rural communities in the state.

The governor, who was speaking at the inauguration of the Project Monitoring and Technical Steering Committee, at the Government House, Agodi, Ibadan, said that the sum of N350 Million was paid two months into his tenure in office to facilitate the project.

The project, which was instituted in April 2016, had remained moribund as a result of the failure of the state to pay the 12 per cent counterpart fund required by the Development Partners including the World Bank, the French Development Bank and the African Development Bank (AfDB), among others.

A statement by the Chief Press Secretary to the governor, Mr. Taiwo Adisa, quoted Makinde as saying that the RAAMP would ensure quality and durable roads that would open up the rural areas for business.

He said: “When we came in, we met the RAAM Project almost moribund because Oyo State couldn’t pay its own counterpart fund. Within two and half months of our administration, we provided the counterpart fund and we were able to get the project back on track.”

The project, which was meant to construct, rehabilitate and maintain over 1000 kilometres of rural roads across 33 Local Government Areas and 35 Local Council Development Areas of the state is aimed at linking the state’s Agro-logistic hubs for economic and social development.

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Governor Makinde said that the RAAMP is aimed at improving the standard of living of rural dwellers, ease access to transportation and enhance rural participation in economic development.

The governor further stated: “I want to congratulate the members of the committee… As a member of this committee, one thing we want to ensure is that quality is maintained.

“We don’t want situation like in the past whereby roads and critical infrastructure are constructed and before that administration will even leave office, the infrastructure would have got to a total state of decay and you will know that within a very short time, you won’t see those infrastructure again.

“A case in point is that we went to Eruwa this time last week, the road from Ologuneru to Eruwa, they are still working on it, it is yet to get to the final point at Eruwa, but we saw many sections of the road that have failed already. That is not what we want, quality has to be maintained.”

The governor also stated that besides the RAAMP, there are other opportunities the state is looking forward to in order to turn around the fortunes of the rural communities.

He said: “Apart from the RAAMP, we still have other opportunities, AfDB are still talking to us, and if, indeed, we are able to put pen to paper, Oyo State would become one of their Agro-processing centres and they will support infrastructure provision towards our rural areas.

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“This is mango season; I have been to the innermost part of Oyo State. It is obvious that a lot of farm produce is being wasted. Until the farm produce gets to the people that need it, it is then the farmers can get quality for their produce.”

He added that the RAAMP is important to his administration because it was capable of enhancing its vision of expanding the economy, which he said is a major aspect of his administration’s objectives.

Earlier, the RAAMP coordinator, Dr. Moses Ayanlowo, said the project was aimed at internationalising the capacity and culture for coordination, construction, rehabilitation and maintenance of rural road networks that will ensure an all year-round accessibility to farms and agro-logistic centres and markets.

He, however, appreciated the Makinde-led administration for paying the counterpart funds, which he said had debarred the State from benefiting from the RAAMP since 2016, noting that the project will bring profitable agricultural enterprise to the State.

In his address, the Oyo State Commissioner for Agriculture and Rural Development, who also doubles as the Vice Chairman (Administration) for the steering committee, Hon. Ojemuyiwa Ojekunle, said the relaunching of the RAAMP was an indication of the1 current administration’s commitment to the agricultural sector.

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He added that the initiative would encourage more investments in agribusiness and alleviate poverty for rural dwellers.

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Dangote Slashes Diesel Price Amidst Economic Optimism

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Dangote Petroleum Refinery has made headlines by announcing a further reduction in the price of diesel, dropping it from ₦1200 to ₦1000 naira per litre.

The refinery’s decision comes on the heels of its recent supply at a significantly reduced price of ₦1200 per litre, which was introduced three weeks ago, signifying a remarkable 30 per cent decrease from the previous market price of approximately ₦1600 per litre.

This substantial reduction in diesel prices at Dangote Petroleum Refinery is expected to reiterate positively throughout various sectors of the economy, potentially serving as a catalyst in alleviating the persistently high inflation rate in the country.

In a statement last week, Aliko Dangote, Africa’s wealthiest individual and the owner of the refinery, expressed his optimism regarding the potential impact of the price reduction on inflation in Nigeria.

“I believe that we are on the right track. I believe Nigerians have been patient, and I also believe that a lot of goodies will now come through. There’s quite a lot of improvement because if you look at it, one of the major issues that we’ve had was the naira devaluation that has gone very aggressively up to about ₦1900,” he remarked.

As anticipation builds around the implications of this move by Dangote Petroleum Refinery, stakeholders and consumers alike remain hopeful for the positive effects it could bring to the Nigerian economy in the coming months.

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Ukrainian Conflict Claims 50,000 Russian Troops

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Officers of the special police force “White Angel” Hennadiy Yudin 47(L) and Dmytro Solovyi 23 (R) walk past destroyed buildings and debris during the evacuation of local residents from the village of Ocheretyne not far from Avdiivka town in the Donetsk region, on April 15, 2024, amid the Russian invasion in Ukraine. (Photo by Anatolii STEPANOV / AFP)

More than 50,000 Russian military personnel have died during the Ukraine conflict, the BBC reported Wednesday, citing its own reporters, independent media group Mediazona and volunteers.

They found that more than 27,300 Russian soldiers died during the second year of the war, a 25-percent increase on the first year.

BBC Russian, Mediazona and volunteers have been counting deaths since February 2022, using open-source information from official reports and the media, as well as using satellite images of Russian cemeteries to estimate the number of new graves.

The figure of more than 50,000 is eight times higher than the official toll acknowledged by Moscow in September 2022. It does not include deaths of militia in Donetsk and Lugansk in eastern Ukraine.

Ukraine said in February that it had lost 31,000 soldiers, but that figure is also likely to be significantly lower than the true toll.

Russian losses spiked in January 2023 as it launched a large-scale offensive in Donetsk and again months later last year during the battle for the city of Bakhmut.

Russian President Vladimir Putin announced a “special military operation” at dawn on February 24, 2022, which has since turned into a bloody and attritional war, isolating Russia from the Western world.

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Responding to the report, the Kremlin said it did not disclose any information on military deaths and casualties, which falls under the remit of the defence ministry.

Kremlin spokesman Dmitry Peskov added official secrets laws and those covering what Russia calls its “special military operation” in Ukraine meant it was “absolutely understandable” that the ministry did not release the figures.

 

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95 Million Nigerians Yet to Enroll for National ID Numbers – NIMC Reveals

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The National Identity Management Commission (NIMC) has disclosed that 95 million Nigerians need to enroll for the National Identification Number (NIN) to meet its target of 200 million enrollments by 2025.

Kayode Adegoke, Head of Corporate Communications at NIMC, emphasised the importance of this enrollment during an interview on X over the weekend.

He stated, “For NIMC to meet the 200 million target by 2025, 95 million Nigerians need to register for the NIN.”

Adegoke revealed that over 105 million NINs have been issued to Nigerians and legal residents so far.

He assured Nigerians of the commission’s commitment, saying, “We want to assure Nigerians that within the next one or two years, we will reach our target of enrolling all Nigerians.”

“The NIN serves as a unique identifier for each citizen and has become increasingly important for various government initiatives aimed at improving security, governance, and service delivery.”

Adegoke highlighted the efforts to streamline the modification and enrollment processes under the leadership of Abisoye Coker, the director-general of NIMC. He announced the development of a self-service platform, allowing Nigerians to make necessary modifications such as changing names, dates of birth, email addresses, and phone numbers from anywhere, using different devices.

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Emphasising the convenience of the self-service modification portal, Adegoke encouraged Nigerians to utilize this innovative solution.

He noted the evolution of the process, citing the past requirement for applicants to visit NIMC offices for data corrections.

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