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EKSG set to borrow N3bn to offset UBEC Counterpart Funding

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EKSG set to borrow N3bn to offset UBEC Counterpart Funding


EKSG set to borrow N3bn to offset UBEC Counterpart Funding

Borrowing

Ariwodola Idowu

Ado Ekiti, July 09, 2020, (NAN) The Ekiti State Executive Council on Thursday approved the borrowing of a sum of N3 billion to offset its counterpart funding of the Universal Basic Education Commission (UBEC).

The approval for the loan was given at the virtual meeting of the State Executive council held in Ado Ekiti.

Muyiwa Olumilua, the State Commissioner for Information,  disclosed this in a statement issued at the end of the meeting.

According to him, the loan is to enable the state government meet up with its statutory 50% counterpart obligation towards the release of funds for tate Universal Basic Education Board( SUBEB) projects for 2019 and 2020.

He explained that the payment would enable the state access the fund in a bid to benefit from the 2019/2020 projects of the Universal Basic Education Commission (UBEC)

Olumilua said the fiscal step became imperative as failure to pay the counterpart fund would disqualify the state from receiving her share of the tate Universal Basic Education funding.

He said: “Memorandum on the offer of N3, 031,076,059.82 term loan for 2019 and 2020 Ekiti State Government counterpart contribution for projects was approved.

“Being a Federal and State Government partnership, both tiers of government are required to come up with their respective 50% contributions before the total sum is released to the State Government.

“It should be recalled that Governor Kayode Fayemi has substantially defrayed the outstanding counterpart funds for the years 2016, 2017 and 2018 projects, which was initially neglected by the previous administration, and the repayment is still ongoing”.

He said the governor had also constituted three separate monitoring units tasked with the assignment of carrying out an infrastructure audit in the education sector to determine the precise needs of the various schools.

The commissioner stated that the mandate of committees include monitoring of execution of all SUBEB projects in the state to ensure that all contracts awarded followed due process and duly executed.

Olumilua explained that Fayemi had also tendered the memorandum for the amendment of the Ekiti State Debt Management Law 2020 at the council to enable the state establish its own version of Debt Management Office (SDMO).

“Ekiti State Government, in 2011, put in place the law titled “Regulation to provide for the Establishment of the State Debt Management Office”, and for connected purposes.

“Nine years later, the contents and realities of the Regulation are becoming obsolete, due to economic changes and other factors in the global financial order and practices.

“The draft of the reviewed law was prepared by the Ministry of Finance, and the legal clearance of the Ministry of Justice was obtained

“With the approval of the Executive Council, the bill will be forwarded to the Ekiti State House of Assembly for legislative processing and passage into law,” he said.

Olumilu said the Council also approved the amendment of Section 34(1) (b) of the Ekiti State Fiscal Responsibility Law (No 12) of 2019 as advised by the Ministry of Justice.

“Section 34(1) (b) was amended to read: The State Government shall ensure that the level of public or internal debt as a portion of the state income is held at a sustainable level, as prescribed by the

House of Assembly, from time to time, on the advice of the Fiscal Responsibility Commission”.

The commissioner said that the amendment would be forwarded to the Ekiti State House of Assembly for legislative processing and subsequent passage into law.(NAN)

Edited By: Benson Iziama/Wale Ojetimi (NAN)

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Ariwodola Idowu: is a graduate and a professionally trained journalist, with experience in national news reporting/editing and verification at the News Agency of Nigeria. NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]nnn.com.ng

General news

Ekiti workers suspend strike as lawmakers intervene

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The organised labour in Ekiti has announced the suspension of the three-day warning strike embarked upon by civil servants in the state.


The News Agency of Nigeria reports that the suspension of the strike, which commenced on Monday, was owing to the intervention of members of the state House of Assembly.

NAN also reports that the lawmakers had, early on Monday, organised a meeting with the executive arm of government and the leadership of the organised labour.

The meeting was organised by the Assembly Committee on Public Matters, Chaired by Mr Oluwajuwa Adegbuyi, at the Assembly’s complex, Ado-Ekiti.

Addressing newsmen after the meeting, the Chairman, Nigeria Labour Congress (NLC), Ekiti chapter, Mr Olatunde Kolapo, said the organised labour decided to suspend the warning strike due to the intervention of the lawmakers.

He also hinged the decision on the assurance from members of the Assembly that some of their demands would be implemented.

“The House of Assembly has actually intervened and the honourable members have looked into our demands one after the other. To God be the glory, almost all our demands have been acceded to.

“Because of the position which the Assembly has taken, we will begin to work together to see to the implementation of the proposal.

“We, therefore, urge our members, who are presently at home to please, as from tomorrow, go back to their places of work.

“If the government fails to implement the new agreement reached with us at the end of the day, we have only, we will embark on the strike again, because we have only suspended it; we have not called it off, “Kolapo said.

NAN reports that in the new agreement signed by government and the organised labour and which was presented by the NLC chairman, the former pledged to ensure continuous payment of workers’ monthly salaries.

Part of the agreement also was to effect the payment of the financial benefits of 2015 promotion in September, while payment for 2016, 2017, 2018 and 2019 would follow.

It was also agreed upon that the negotiation on the implementation of the minimum wage and consequential adjustment would resume as soon as COVID-19 subsided.

NAN reports that labour had earlier directed civil servants in the state to embark on a three-day warning strike, beginning from Monday, to compel the state government to accede to their demands.

Earlier, the chairman of Assembly Committee on Public Matters, said that the meeting was to find solutions to the demands of the workers.

He thanked the labour leaders for honouring the invitation, promising that their demands would be attended to, if possible, with necessary legislation, to promote industrial peace and harmony.

“As representatives of the people, part of our mandate is to be arbiters, especially in the ongoing industrial disharmony.

“We want to assure you that the Assembly, under the leadership of the Speaker, Mr Funminiyi Afuye, will ensure that your demands are conveyed to the executive for possible resolution,” Adegbuyi said.

Also speaking, the state Head of Service, Mrs Peju Babafemi, restated the commitment of the Gov. Kayode Fayemi-led administration to the welfare of the citizenry, especially workers.

She assured that government would not hesitate to implement some of the demands by labour as soon as the economy improved.

Present at the meeting were the Chairman, Trade Union Congress, Ekiti chapter, Mr Sola Adigun and the Chairman, Joint Negotiation Council (NJC), Mr Kayode Ifatomiluyi.

The Senior Special Adviser to the Governor on Labour Matters, Mr Oluyemi Esan and the Leader of Government Business in the Assembly, Chief Gboyega Aribisogan, were also present at the meeting.

Edited By: Remi Koleoso and (NAN)‘Wale Sadeeq

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COVID-19

COVID-19: Nigeria reports 304 fresh infections; death toll hits 888

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Nigeria reported 304 new confirmed cases of the Coronavirus (COVID-19) as the death toll jumps to 888.


Nigeria Centre for Disease Control (NCDC) made this known on its official twitter handle on Sunday.

Data from the NCDC  showed that the 304 new cases were spread across 14 states, and the FCT.

The centre noted that five deaths were recorded in the country.

It added that till date, the country recorded 43,841 confirmed cases, 20,308 discharged and 888 deaths in 36 states and the FCT.

It showed that the  304 new cases were reported from 15 states, namely Lagos (81), FCT (39), Abia (31), Kaduna (24), Rivers (23), Plateau (16), Cross River (13), Ebonyi (12), Ondo (12) Ekiti (11), Edo (11), Benue (10), Nasarawa (10), Ogun (6) and Gombe (5).

The health agency noted that a multi-sectoral national Emergency Operations Centre (EOC), activated at Level 3, would continue to coordinate the COVID-19 national response activities across the country.

It  said that if anyone tested positive for COVID-19 but have no symptoms, he or she should stay at home and keep away from other people.

The NCDC said that Nigerians risk of  the virus would be higher if they were less  than six feet from people at a crowded public place or if they freely share equipment and not  practice social distancing and other habits to stay healthy.

 

Edited By: Hadiza Mohammed-Aliyu (NAN)

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Ibadan group demands indigene as UI, UCH heads 

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The apex Ibadan socio-cultural organisation, Central Council of Ibadan Indigenes (CCII), has appealed to President Muhammadu Buhari to appoint an indigene as the new Vice-Chancellor of the University of Ibadan.


Alhaji Adeyemi Soladoye, the CCII President-General, made the appeal at a news conference organised by the group on Sunday in Ibadan.

The News Agency of Nigeria reports that the CCII also canvassed for an Ibadan indigene as the Chief Medical Director (CMD) of the University College Hospital (UCH).

It further demanded the renaming of railway stations within Ibadan corridors after prominent indigenes of the community.

Soladoye said that Ibadan people were not happy that the town was yet to have one of its own as the vice-chancellor of the institution since it was founded in 1948.

“The University of Ibadan, established in 1948, sits on 2,550 acres of land released to the institution for 999 years by our fathers with a “Thank You” handshake, One Guinea (£1.1s) and a bottle of Schnapps.

“By this year, the University of Ibadan is 72- years -old and has produced 14 Nigerian vice-chancellors between 1960 and today; but inexcusably, no Ibadanman has ever emerged as the vice-chancellor of the university.

“Out of the 14 serving and former Nigerian vice-chancellors of the university (including Acting), 10 are of Yoruba descent – seven Ijesha (Osun), two Ijebu (Ogun) and one Offa (Kwara).

“The other four, from Prof. Kenneth Dike to Prof. Tekena Tamuno, were from non-Yoruba parts of Nigeria,” he said.

Soladoye said that the neglect was not borne out of the absence of qualified Ibadan indigenes within the institution’s system or in academic circles.

He listed some qualified Ibadan indigenes presently vying for the position as Prof. Remi Raji-Oyelade, Prof. Kayode Adebowale, Prof. Emiola Olapade-Olaopa and Prof. Kolapo Hamzat.

“We wish to draw the attention of the Federal Government of Nigeria and Nigerians to the fact that this neglect is not for the absence of qualified Ibadan indigenes within the University of Ibadan system.

“We hereby humbly appeal to members of the University of Ibadan Governing Council, the Senate and other respected stakeholders of this citadel of learning to please work for the emergence of an Ibadan man this time around.

“In similar vein, it is also now 54 years since Ibadan gave large expanse of land to build the University College Hospital (UCH), still, no Ibadan man has ever emerged as the Chief Medical Director of the UCH.

“This one again seems to be the exclusive right of the indigenes of Ekiti and Ondo State. Sincerely, these records call for caution, even on the part of the beneficiaries,” he said.

Soladoye said that Ibadan people were not pleased with the recent naming of railway stations in the Ibadan corridors after non-indigenes without considering prominent people from the community.

“We are convinced that this listening government of President Muhammadu Buhari will honour some of these prominent Ibadan indigenes with some of the stations along the rail corridors on Ibadan soil,” he added.

Soladoye cited indigenes such as late Alhaji Adegoke Adelabu, late Chief Adisa Akinloye, High Chief Wuraola Esan, and Dr Onikepo Akande as deserving of being named on the rail corridors.

Others, he added, were Dr Omololu Olunloyo,  late Chief Kolapo Ishola, late Alhaji Lam Adesina, Sen. Rashidi Ladoja, late Chief Richard Akinjide and late Sen. Abiola Ajimobi.

(
Edited By: Folorunso Poroye/Mufutau Ojo) (NAN)

 

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Fasanmi: Fayemi constitutes burial c’ttee

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Ekiti  Gov. Kayode Fayemi of Ekiti has constituted a 13-man committee to coordinate the burial ceremony of Pa Ayo Fasanmi, the late leader of the Yoruba socio-cultural group, Afenifere, who died on Thursday at the age of 94.


This was made known in a statement issued on Sunday in Ado-Ekiti by the Chief Press Secretary to the Governor, Yinka Oyebode.

The statement said  the committee would work with the family of the late elder statesman who was an indigene of Ekiti and the government of Osun where he lived most of his life.

It said the partnership would ensure a befitting burial for Fasanmi who would  be interred in Iye Ekiti, Ilejemeje Local Government Area of Ekiti, on Tuesday.

The committee, the statement added, is headed by the Secretary to the State Government, Mr Biodun Oyebanji.

(
Edited By: Chioma Ugboma/Mufutau Ojo) (NAN)

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