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Akpabio tells Senate adhoc-panel to fish out alleged economic saboteurs in the petroleum sector

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Godswill Akpabio

The President of the Senate Godswill Akpabio has charged the members of a newly inaugurated ad-hoc Committee investigating alleged economic Sabotage in the petroleum sector to Identify the perpetrators and hold them accountable.
The Senate had recently raised alarm over the persistent importation of hazardous petroleum products and the influx of substandard diesel into the Nigerian market, for which it agreed to launch an investigation into the matter.
Speaking on Monday while inaugurating the committee, Akpabio urged the Committee to approach the task with the utmost diligence, transparency, and commitment.
He said it is expedient and instructive that the committee act decisively and with a sense of urgency.
“We must identify and hold accountable those responsible for these criminal acts.
“This is not merely an investigation; it is a rescue mission for our nation’s future. The integrity and prosperity of Nigeria depend on our ability to safeguard our petroleum industry.

“Your mandate is to conduct a thorough investigation, leaving no stone unturned. Collaborate with relevant agencies, industry experts, and stakeholders to uncover the root causes of these economic sabotage activities. Identify the perpetrators, their methods, and their networks.

“Furthermore, I urge you to propose robust and sustainable solutions to prevent future occurrences. Strengthen our regulatory frameworks, enhance security measures, and ensure that our legal and judicial systems are equipped to deal with offenders swiftly and effectively.
“It is also crucial to foster an environment of transparency and accountability within the industry to deter potential saboteurs.”
The President of the Senate told the committee members that the task before them is monumental but not insurmountable.
“The future of our nation’s economy rests on your shoulders. We have faith in your abilities and trust that you will rise to the occasion. As the Senate President, I assure you of my full support and the support of the entire Senate in this critical endeavor.

“Go forth and fulfill this mandate with integrity and dedication. Let us work together to stop this ugly trend and restore the glory and stability of Nigeria’s petroleum industry. Our nation’s prosperity and the well-being of our citizens depend on it.

“It is my profound pleasure that I stand before you today with a deep sense of duty and responsibility to inaugurate the Senate Ad Hoc Committee tasked with investigating alleged economic sabotage in our nation’s Petroleum Industry.
“This industry, without a doubt, is the backbone of Nigeria’s economy, and any threat to its integrity is a direct threat to the economic survival of our beloved nation.
“The petroleum sector has been the lifeblood of our economy, providing the revenue that funds our infrastructure, education, healthcare, and numerous other vital sectors.
“However, the shadow of economic sabotage looms large, threatening to destabilize this critical industry and, by extension, our nation’s financial stability.

“Over the past few years, we have witnessed a concerning trend of alleged malpractices and economic sabotage within the petroleum sector. These allegations range from illegal bunkering, pipeline vandalism, oil theft, and other nefarious activities that have collectively bled our economy dry.
“The impact of these actions has been devastating, contributing significantly to our current economic downturn.

“Revenue losses from these illegal activities have deprived our nation of the funds needed for development and growth. They have undermined investor confidence, distorted market operations, and exacerbated our economic challenges.
“It is not just a financial issue; it is a matter of national security and sovereignty. If left unchecked, these acts of sabotage could cripple our economy and hinder our progress for generations to come.

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Legislature

President Tinubu urges Senate to approve ₦1.767trn External Loan

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Bola Ahmed Tinubu

President Bola Ahmed Tinubu has formally requested the National Assembly’s approval for a $2.209 billion (₦1.767 trillion) external borrowing plan to finance part of the ₦9.17 trillion fiscal deficit in the 2024 budget. The loan, included in the 2024 Appropriation Act, is critical to the government’s broader strategy for economic recovery and growth.
In a letter to Senate President Godswill Akpabio, President Tinubu noted that the borrowing aligns with the provisions of Sections 21(1) and 27(1) of the Debt Management Office (DMO) Establishment Act, 2003. He also indicated that the Federal Executive Council (FEC) had approved the plan.
The President explained that the funds would be sourced through Eurobonds or similar external financial instruments. A detailed summary of the loan’s terms and conditions accompanied the letter to guide legislative scrutiny.
“This borrowing is necessary to address the budget deficit and fulfill our fiscal strategy for 2024. Swift approval will enable us to move forward with mobilizing these funds,” the President stated, emphasizing the urgency of the request.
Senate President Akpabio referred the matter to the Committee on Local and Foreign Deb

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Legislature

Senator Natasha Transforms Kogi Central Schools with 5,000 Digital Learning Devices

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By Isah Bala

Access to quality education is a cornerstone of societal progress, and Senator Natasha Akpoti-Uduaghan is embodying this vision by bringing transformative educational tools to Kogi Central. In a groundbreaking initiative, the senator recently provided 5,000 digital learning devices to public primary and secondary schools in her district, aiming to bridge the digital divide and set a new educational standard.

The devices, unveiled at Abdul Aziz Attah Memorial College (AAAMCO), are preloaded with the Nigerian curriculum from UBEC and internationally acclaimed educational resources, including Khan Academy and Discovery Kids. Through this initiative, students will experience interactive learning, enabling them to explore subjects in depth, enhance digital literacy, and engage with complex topics in a hands-on way.

This project is just the beginning of Senator Natasha’s ambitious plan to make “smart schools” the norm in Kogi Central. She envisions a future where every child in her district has equal access to digital learning, stating, “My dream is to equip all public primary and secondary schools in Kogi Central with digital learning devices before the end of my tenure in 2027.”

Beyond device distribution, the senator’s initiative includes UBEC-led teacher training to ensure educators are equipped to integrate these tools into their classrooms effectively.
With this dual approach of student and teacher empowerment, Senator Natasha is laying a foundation that will support digital literacy and skill development for years to come.

Senator Natasha’s commitment to educational advancement represents a significant step forward for Kogi Central, ensuring that young students have access to the tools they need to succeed in an increasingly digital world. This initiative marks her dedication to the constituency that entrusted her with this mandate.

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Legislature

Newly Appointed Ministers Thank Senator Basheer Lado for Supportive Screening Process

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Bianca Odumegwu-Ojukwu

Seven newly appointed ministers-designate have expressed their deep appreciation to Senator Basheer Lado, the Special Adviser to President Bola Tinubu on Senate Matters, for his instrumental role in ensuring a smooth Senate screening and confirmation process.

During a visit to Lado’s office, Ambassador Bianca Odumegwu-Ojukwu, the designated Minister of State for Foreign Affairs, spoke on behalf of her colleagues. She praised Lado’s guidance and support throughout the process, noting his efforts to make them comfortable at every stage.

“We can’t thank you enough for navigating us through this process and making everything feel manageable,” Odumegwu-Ojukwu remarked. She shared her initial anxiety, explaining how Lado’s personal touch—regular communication, detailed explanations, and readiness to help at any hour—helped them feel reassured and prepared.

The six other ministers-designate, who joined her in expressing gratitude, include Dr. Nentawe Yilwatda (Humanitarian Affairs and Poverty Reduction), Muhammadu Maigari Dingyadi (Labour and Employment), Dr. Jumoke Oduwole (Industry, Trade, and Development), Idi Muktar Maiha (Livestock Development), Rt. Hon. Yusuf Abdullahi Ata (Housing and Urban Development), and Dr. Suwaiba Said Ahmad (Minister of State for Education). Each expressed their thanks for Lado’s dedication to their success.

Odumegwu-Ojukwu conveyed the group’s appreciation, emphasizing Lado’s patience and availability: “Your commitment, your guidance, and even the late hours you kept to assist us—these made a significant impact on each of us. We are truly grateful for your support.”

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