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HIGHLIGHTS OF THE FEDERAL EXECUTIVE COUNCIL MEETINGS HELD ON 13TH AND 14TH MAY, 2024

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The Federal Executive Council concluded its meeting that started yesterday today, Tuesday May 14, 2024.

After exhaustive deliberations, the council approved a number of policies and projects that will further boost the economy, facilitate investments and promote the ease of doing business in the country. The under-listed are the major highlights:

1. Council supported a series of initiatives set to be launched that will revolutionize Nigeria’s Infrastructure and Housing sector through Public-Private Partnerships

The initiatives which can unlock about N2 trillion are aimed at transforming the nation’s infrastructure and housing mortgage sector, meet the urgent demand for critical infrastructure and affordable homeownership, fostering job creation, inclusive growth, and long-term productivity enhancement.

Inspired by the 1970s era, the government envisions a future where ordinary Nigerians can access 25-year mortgages at low-interest rates to realise their dream of owning a home. By collaborating with private institutional investors, the government seeks to replicate past successes and address current challenges effectively.

This strategic partnership aims to leverage the expertise and capital of private investors to accelerate the delivery of vital projects, driving sustainable development and economic progress for all Nigerians.

2. FEC approved that all users of Federal airports all over the country must now pay tolls at the gates. No one is excluded. The President and Vice President of Nigeria will also pay the toll.

3. The council announced a ban on sand dredging 10 kms from all Federal bridges throughout the country.

4. Council annouced a 4-week deadline for review of visa policy to enable tourists, business people, and creative professionals visit Nigeria. The ease of doing business, the council agreed cannot materialise if prospective visitors face a herculean problem getting our country’s visa. Part of the review envisaged is that visa applicants can apply for the visa online and get one within 48 hours. Also visas may be waived for holders of visas of some countries.

5. The council granted approval for the supply, installation and training of operators of disabled aircraft recovery system at Murtala Muhammed Airport in Lagos. The contract will cost N4.2 billion. Similar contract was awarded in 2021 for Nnamdi Azikiwe International Airport in 2021.

6. Council approved Special Purpose Vehicle to be created on a PPP basis to develop 90,000 kilometres of fibre optic cable to increase Nigeria’s internet connectivity by 60-70 percent. The SPV intends to copy the NLNG model.

7. Council approved a consultancy service for the reconciliation and expansion of the remittances to NITDA.

8. Council approved the request of the Ministry of Communications to convert the property at 324 Jackson Street, San Francisco, USA into a Nigerian Digital Technology Exchange Programme Hub. Property owned by the Nigerian government is valued at close to $7million.

9. The Federal Executive Council also approved the award of contract for the building of bus terminals and other transport facilities in the Federal Capital, Abuja. Terminals will be built within 15 months at Kugbo, Abuja Central Business District and Mabushi. The whole project will cost N51 billion and will be executed by Planet Projects Nigeria Limited, which did similar contracts in Lagos and Oyo states.

10. Council approved the award of contract to Messrs El & Matt Nigeria Limited to upgrade Kwaita-Yebu Road in Kuala Area Council of Abuja at a cost of N7.6 billion. Completion time is 18 months.

11. Council approved contract for the building of the Court of Appeal Abuja Division at a cost of N37.2 billion. Project will be executed by Messrs Visible Construction Limited.

12. The Council awarded contract at a cost of N412million for street lights on Bill Clinton Drive, Airport Expressway. The job includes the procurement of 8 back-up generators, which will be powered by Compressed Natural Gas( CNG) or Solar, in line with government’s decision about migrating from fossil fuel to renewable energy. The council discussed extensively the need for this energy transition, as it is climate friendly, because of low emissions and also because it will reduce cost of transportation and inflation.

13. Council approved the request by Nigeria Customs Service to buy 200 Toyota Land Cruiser Buffalo V6 at a cost of N12.5 billion. All the vehicles will be CNG powered. Government also approved insurance cover for the vehicles at a cost of N522 million. The cover will be provided by NEM.

14. Messrs Yuan Resources Limited was awarded the concession to deploy a revenue assurance platform under PPP arrangement in the lottery and gaming sector. The concession which will be for 15 years, will be done via DFBOT option, which means Design, Finance, Build, Operate and Transfer.

15. Before the Monday meeting was adjourned till Tuesday, council approved several road projects. Among them was the reconstruction of Iseyin-Okeho-Iganna Road in Oyo State.

16. Council approved Section 2 of the Lagos-Calabar Coastal Superhighway for construction, at a cost of N1.6 trillion.

17. Approval was granted for the award of contract for reconstruction of Koton-Karfe -Abaji Road (Abuja bound), along Abuja-Lokoja Route in Kogi state at a cost of N89 billion.

18. On Day 2 of the FEC meeting, approval was given for the award of contract for the equalisation of Lokoja-Benin Road, Okpela Section, Lokoja-Benin, Dualised Auchi Section -Uromi Link Road and Lokoja-Benin Road, Ekpoma Section. It was on this road that a fuel tanker fell into high water recently, with villagers having to swim to rescue the occupants of the tanker. The reconstruction will be financed by BUA Cement at a cost of N120 Billion under the tax credit scheme.

19. Council approved contracts to various contractors to build roads and bridges in Kaima-Tesse, Kwara State, Benin-Agbor, BeninByepass and Ngaski-Wara in Kebbi State. All the four contracts will cost N546 billion.

20. Messrs CCECC was awarded contract at N230 billion to build Kano Bypass. The road which is 37kms long will include bridges and several flyovers. The company has 36 months to complete the work.

21. The Council approved for procurement the Sokoto-Illela-Badagry superhighway, which is meant to join the Lagos-Calabar Coastal superhighway. The road was first awarded in 1976 and then abandoned.

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Edo guber: Ighodalo, Akpata, Okpebholo in fierce battle to succeed Obaseki

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Edo State governorship election is approaching its final stages, with the three major candidates in the race striving to secure enough votes to emerge victorious.

In this analysis, DAILY POST reviews the chances of the candidates ahead of Saturday’s election.

Although INEC listed 17 candidates for Saturday’s election, the contest has taken the form of a three-horse race, with Asue Ighodalo of the Peoples Democratic Party, PDP, Olumide Akpata of the Labour Party, and Senator Monday Okpebholo of the All Progressives Congress, APC, leading the charge.

Apart from these three candidates and others who will appear on the ballot on Saturday, several key figures have significant stakes in the race.

Former Governor Adams Oshiomhole and incumbent Governor Godwin Obaseki are engaged in an open battle to deliver their respective candidates.

Mr Obaseki paved the way for his longtime associate, Ighodalo, in a tightly contested primary, while Oshiomhole is backing his colleague in the Senate, Okpebholo.

This race bears similarities to the 2020 governorship election. However, the emergence of the Labour Party as a third force has introduced an element of uncertainty that could shift the election in a different direction.

Politics of Rotation

Edo State, like other states in Nigeria, is divided into three senatorial districts: Edo South, Edo North, and Edo Central.

In terms of the number of local governments, Edo South has the largest, with seven LGAs, followed by Edo North with six, and Edo Central with five.

Since 1999, there has been an informal power rotation arrangement in the state.

In 2007, the ruling party in the state nominated Oserheimen Osunbor from Edo Central after eight years of Lucky Igbinedion.

Meanwhile, the main opposition party, the ACN, nominated Oshiomhole from Edo North.

INEC subsequently announced Osunbor as the winner of the election; however, the Court of Appeal nullified the result after one year and five months.

In 2016, Oshiomhole supported Obaseki, a candidate from Edo South, when he faced Ize Iyamu, a popular candidate also from Edo South.

Following their fallout, in 2020, Mr Oshiomhole backed Mr Iyamu against his former protégé, but they were defeated.

In the lead-up to the primaries for the current election, there appeared to be a consensus that power should shift to the Central district.

However, Mr Oshiomhole still pushed for an Edo South candidate by supporting Dennis Idahosa during the primaries, but Idahosa was outmatched by Mr Okpebholo. After some reconciliation, Mr Oshiomhole succeeded in having his candidate join the ticket as the running mate.

The outcome of the APC and PDP primaries set up a potential Edo Central matchup.

However, the Labour Party opted for an Edo South candidate, Olumide Akpata.

Akpata’s emergence has divided the Obidient movement, particularly those from Edo Central who believe power should be zoned to their district for equity.

“The three major parties are aware of Edo State’s political inclination. The APC gave their ticket to Edo Central, and the PDP did the same, so why didn’t the LP follow suit?

“There are good men in the LP from Edo Central who worked for Peter Obi during the last election,” FS Yusuf, a prominent Peter Obi supporter, posted on his X handle as he declared support for Mr Ighodalo, the PDP candidate.

Fallout from Primaries

All the major parties experienced fallout from their primaries. In the APC, two candidates claimed the ticket, and it took the intervention of the party hierarchy to prevent an inconclusive primary.

Following the election, President Bola Tinubu also intervened before Oshiomhole’s camp settled for the running mate slot. Since then, Oshiomhole has played a leading role in the campaign.

On the other hand, the PDP had a much more significant fallout, particularly involving Philip Shuaibu, who was later impeached as deputy governor after defying his boss to contest the primary and declaring himself the candidate of a parallel primary. Mr Shuaibu, who is from Edo North, is backing the APC candidate.

The responsibility of countering Shuaibu falls on Omobayo Godwin, a 38-year-old appointed as deputy governor by Mr Obaseki.

Senatorial District Permutations

The APC and PDP have similar arrangements regarding their candidates and running mates. Mr Ighodalo’s running mate is Osarodion Ogie, who hails from Edo South. Similarly, Idahosa, the APC running mate, is also from Edo South.

In contrast, the Labour Party is fielding a Christian-Muslim ticket, pairing Edo South with Edo North. Kadiri Asamah, an Auchi prince, is expected to attract the Muslim vote from Edo North.

Edo Central, with its five local governments, is expected to be a battleground between the PDP and APC.

Similarly, both parties view Edo South as contested territory, despite the presence of Mr Akpata, the sole candidate from the district.

The APC may consider itself dominant in Edo North. In the last governorship election, the party won only five LGAs, all in Edo North.

However, the Labour Party’s decision to choose Asamah as running mate may appeal to Muslims in Edo North, who have frequently complained of marginalisation.

The PDP may use the outcome of the State House of Assembly elections in 2023 as an indicator of its strength in this election.

Although the party suffered defeats in the presidential and National Assembly elections, it secured a landslide victory in the state assembly election.

With Peter Obi not being on the ballot, the Obidient movement may not have the same impact as in the 2023 general election.

Meanwhile, the APC candidate has been criticised by some observers for his lack of eloquence, with some even describing him as ‘not too lettered’ due to his public gaffes.

The state of the economy may also play a significant role in the election, as many Nigerians are angry over the current economic condition.

However, the ruling party benefits from the advantage of “federal might,” a factor that opposition parties, particularly the PDP, have raised concerns about.

It could be recalled that Governor Obaseki refused to sign the peace accord and declared the election a “do or die affair.”

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President Bola Tinubu will not be present at this year’s 79th session of the United Nations General Assembly in New York.

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President Bola Tinubu will not be present at this year’s 79th session of the United Nations General Assembly in New York.

The President has assigned Vice President Kashim Shettima the responsibility of heading Nigeria’s delegation.

President Tinubu, who arrived back in the country last Sunday following his visits to China and the United Kingdom, is prioritizing domestic matters and aims to tackle some of the nation’s pressing challenges, particularly in light of the recent severe flooding.

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Senate to amend constitution for Local Government Autonomy

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By Henry Umoru

President of the Senate, Godswill Akpabio, announced plans to modify the constitution to implement the Supreme Court judgment on local government autonomy.

Akpabio made this statement in Uyo, Akwa Ibom State capital, while receiving APC members loyal to Senator John James Akpanudoedehe.

“I thank President Bola Tinubu for seeking to grant local governments autonomy through the Supreme Court,” Akpabio said. “Under my leadership, the Senate will adjust the constitution to ensure the judgment is fully enforced without loopholes for exploitation.”

Akpabio reflected on his journey with the APC, noting that before joining in 2018, the party hadn’t won any councillorship seats in the state. He expressed gratitude for becoming Senate President with President Tinubu’s support.

“Change is life’s only constant,” Akpabio said. “I joined APC to connect with the center, and now I’m Senate President. God elevated me because I meant well for our people.”

Welcoming back APC members who never left the party, Akpabio prayed, “May God bless you and grant your progressive desires.”

Eteubong Alex Umoh, Obong Kufre Akpan, and Mrs. Roseline Eyang spoke on behalf of the returnees, affirming their loyalty to Akpabio and the APC. “We never left APC; we recognized you as our leader and refused to be used against you.”

The reunited group celebrated their unity, declaring the APC a single, united family.

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