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2018 Budget: Abdulfatah Ahmed Seeks Legislative Approval For N156bn

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Eniola Olayemi

 

 

Gov. Abdulfatah Ahmed of Kwara on Tuesday sought the approval of the State House of Assembly for the passage of N156 billion as 2018 revised budget estimates.

The governor’s request was contained in his message to the House read by the Speaker, Dr Ali Ahmad at the plenary.

The request of the governor intimated the legislature of the downward review of the 2018 budget of N190 billion which presented to the House in Dec. 2017.

Ahmed explained that the approved total recurrent revenue estimate for the year under review, which was N122.8 billion now stood at N93 billion.

The governor noted that the review effected on the approved 2018 budget estimate caused 25 per cent decrease.

He further said the total recurrent expenditure in the fiscal year had been slightly reduced to N78.3 billion, while the total transfer to capital development fund was also reviewed downward from N42.5 to N14.6 billion.

Ahmed said new figures were against N80.3 billion approved as total recurrent expenditure and N42.5 billion as transfer to capital development respectively.

He said the capital estimate had also been reduced to N77.6 billion contrary to the approved N110.6 billion with 30 per cent reduction.

The governor said the revised total recurrent expenditure had made recurrent debt to stand at N7.6 billion, while recurrent non-debt stood at N70.7 billion.

He further said the total capital expenditure now stood at N77.6 billion.

“The total budget size after the review exercise is now N156, 043,339,799 against N190, 997,425,571, which represents 19 per cent decrease,’’ Ahmed said.

The speaker, thereafter, urged the House to regard the presentation of the governor’s request as the first reading of the proposed review of the budget.

He, therefore, referred the document to the House Committee on Rules and Business for appropriate action before the second reading.

 

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Fidelity Bank Renovates Nasarawa PHC Clinic, Donates Water Facility

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Fidelity Bank Renovates Nasarawa PHC Clinic, Donates Water Facility

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

As part of its Corporate Social Responsibility (CSR) initiatives, leading financial institution, Fidelity Bank Plc, has renovated the Primary Healthcare Clinic along the Workers Village in the Tudun Amba Community of Lafia Local Government Area of Nasarawa State.

The bank also provided water facilities to ameliorate issues of water scarcity being experienced in the community in recent times.

Speaking at the inauguration ceremony, the Divisional Head, Brand and Communication Plc, Fidelity Bank, Meksley Nwagboh, said the dignity of every human person is a shared responsibility. The bank decided to embark on the project as a means of improving the living condition of people in the community and as part of the bank’s social responsibility to its host community.

Expressing gratitude to the leadership of the community for giving the bank the opportunity to execute the project, Nwagboh said, “What we are doing today is not different from what we have been doing in communities, local governments and states across the country over the years. As a socially responsible organisation, we take it upon ourselves to impact our host communities positively through developmental initiatives such as these.

“On behalf of the management and staff of Fidelity Bank, I want to say thank you to everyone who made it possible for us to touch the lives of the people positively in this community and we remain committed to playing our part in helping individuals grow, thrive and prosper”.

On his part, the Honourable Commissioner of Health, Nasarawa State, Gaza Gwamna, while commending Fidelity Bank for the donation of a water facility and the renovation works at the Primary Healthcare Clinic, reiterated the state government’s commitment to continue to support commercial banks to boost the economy of the state.

The Commissioner who was represented by the Permanent Secretary of the ministry, John Damina, further called on the Nasarawa State Primary Healthcare Development Agency to utilise the upgraded facility with care to encourage the bank and other private investors to continue to support the less-privileged people of the state.

“I want to use this opportunity to call on the management of the NAPHDA to ensure proper utilization of this facility for the good of the host community and beyond. This will go a long way in encouraging other private sector players to extend the same gesture to other communities in the state,” he said.

Ranked as one of the best banks in Nigeria, Fidelity Bank is a full-fledged customer commercial bank with over 8.5 million customers serviced across its 251 business offices in Nigeria and the United Kingdom as well as on digital banking channels.

The bank has won multiple local and international awards including the Export Finance Bank of the Year at the 2023 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, the Best Payment Solution Provider Nigeria 2023 and Best SME Bank Nigeria 2022 by the Global Banking and Finance Awards; Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence 2023; and Best Domestic Private Bank in Nigeria by the Euromoney Global Private Banking Awards 2023.

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Exec Sec NCDMB, Felix Ogbe Bags Fellowship of Engineering Society

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Exec Sec NCDMB, Felix Ogbe Bags Fellowship of Engineering Society


AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe was on Wednesday inducted into the Fellowship of the Nigerian Society of Engineers.

The investiture was performed by the President/Chair-in-Council of the NSE, Engr. Margaret Aina Oguntala, FNSE at a ceremony in Abuja.


In her remarks at the occasion, the President of NSE congratulated the 63 new inductees and urged them to uphold the values of their new position in their field of engineering.

She highlighted that engineers have been at the forefront of driving progress and development across various sectors of the economy, notably in the oil and gas industry.

She particularly lauded the Executive Secretary of NCDMB for his excellent leadership and expertise through the strategic development of local content and in-country value retention, which is a testament to his brilliance in the field of engineering.

She also applauded the strategic partnership between the NSE, the NCDMB and other stakeholders in the oil and gas industry.


Similarly, the chairman Board of Fellows/College of Fellows, Engr. Kamila Maliki, FNSE, commended the new inductees for their resilience, dedication, and contribution to the field of engineering.

He added that it was not a small feat to be chosen for the investiture due to the rigorous and thorough nature of the selection process.


The Executive Secretary later was joined by the Managing Director of Setraco Nigeria Limited, Engr. Ziad Mouannes and Senator Patrick Ndubueze for the unveiling of the very first edition of the 2024 NSE Quarterly Magazine.


Some senior officials of the Board who accompanied the Executive Secretary to the event included the Director, Monitoring and Evaluation, Mr. Abdulmalik Halilu, Director, Project Certification and Authorization, Engr. Abayomi Bamidele, and the General Manager, Corporate Communications and Zonal Coordination, Mr. Esueme Dan Kikile, Esq.


Before he was appointed the Executive Secretary of NCDMB, Engr. Ogbe had nearly 30 years top -level career in the field of engineering in the employment of Chevron Nigeria Limited (CNL), before retiring voluntarily to set up his private firm.


His last position at Chevron Nigeria was Construction Services Group Superintendent, and he oversaw 200 personnel, including Nigerian nationals and expatriates.

Other notable positions he held at the company included Offshore Projects Manager, Construction Manager (Lagos & Escravos -Warri), Construction Engineer (San Ramon) in California, United States of America.

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Nigeria’s Adekeye Emerges Chairperson, APPO Training Directors

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Nigeria’s Adekeye Emerges Chairperson, APPO Training Directors 

Nigeria’s Folashade Adekeye has emerged as the Chairperson, Forum of the Directors of Oil & Gas Training & Vocational Education Institutes of the African Petroleum Producers Organization (APPO). Adekeye, who is the Director, NNPC Academy, took over from the former chairperson, Mr. Abdelkader Guenone, the Managing Director of the Algerian Petroleum Institute (API), during the second meeting of the Forum, in Abuja, at the weekend. 

L-R: Secretary General, African Petroleum Producers Organization (APPO), Dr. Omar Farouk Ibrahim; Executive Vice President, Business Services NNPC Ltd (Representative of the GCEO NNPC), Mr. Inuwa Danladi; new Chairperson, Forum of the Directors of Oil & Gas Training & Vocational Education Institutes of APPO and Director NNPC Academy, Mrs. Folashade Adekeye and Managing Director, Algerian Petroleum Institute (API), Mr. Abdelkader Guenone, during the second meeting of the Forum, in Abuja, at the weekend

Adekeye, who heads the NNPC’s oil and gas training arm, brings into the role over 30 years of experience, and is expected to work with her colleagues from APPO Member Countries in order to foster more collaboration towards addressing the challenges of competences, skill gaps, infrastructure, and poor funding in the organization’s training institutions. 

Earlier in his keynote address at the opening ceremony of the meeting, the Group Chief Executive Officer of NNPC Ltd., Mele Kyari, represented by Inuwa Danladi, Executive Vice President (Business Services), emphasized the importance of a standardized educational and training approach to meet the changing demands of the oil and gas industry. 

L-R: Executive Vice President, Business Services NNPC Ltd (Representative of the GCEO NNPC), Mr. Inuwa Danladi exchange pleasantries with the Secretary General, African Petroleum Producers Organization (APPO), Dr. Omar Farouk Ibrahim, during the second meeting of the Forum of the Directors of Oil & Gas Training & Vocational Education Institutes of APPO, in Abuja, at the weekend.

Also in his keynote address, APPO’s Secretary General, Dr. Omar Farouk Ibrahim, charged the Member Countries to work towards further enhancing collaborative efforts to establish Oil & Gas Centres of Excellence across the African continent.

 Dr. Ibrahim, also from Nigeria, said having good knowledge of the Forum’s challenges would enable APPO Member Countries to make recommendations and provide solutions in areas such as Oil & Gas project funding, technology adoption, and the formation of Africa Energy Bank. 

He concluded that such collaboration by all member countries will guarantee Africa’s energy accessibility, affordability and sustainability, which overall, will strengthen her economies and bring prosperity to its citizens. 

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