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Senate Approves $500m Loan For FG’s Mass Metering Initiative—-In a significant move aimed at enhancing access to electricity across Nigeria, the Senate has given the green light to President Bola Tinubu’s request for a $500 million loan to support the federal government’s mass metering initiative.

The approval, granted by the upper legislative chamber on Wednesday, follows the presentation of a report by Haruna Manu, Vice-Chair of the Committee on Local and Foreign Debt, outlining the merits of the request.

This $500 million loan is part of a larger borrowing plan totaling $8.6 billion and €100 million, initially proposed by President Tinubu to the National Assembly in November.

The Senate endorsed the request as an integral component of the 2022-2024 external borrowing rolling plan, after careful consideration of the report submitted by the Senate Committee on Local and Foreign Debt.

Manu, while presenting the report, acknowledged a slight delay in the approval process, attributing it to the absence of the Bureau of Public Enterprises (BPE) during the committee’s deliberations on the matter.

However, he emphasized the loan’s pivotal role in sustaining Nigeria’s economic growth trajectory and reinforcing the nation’s sovereignty.

Furthermore, Manu reassured that the loan agreement is meticulously structured to safeguard against any potential misuse or mismanagement of funds, ensuring transparent and accountable disbursement mechanisms.

“The committee recommends the approval of ongoing negotiations for external borrowing amounting to $500 million for BPE,” Manu stated, underscoring the importance of forwarding the loan terms from the funding agency to the National Assembly for scrutiny prior to execution.

With the Senate’s nod of approval, this financial injection promises to accelerate efforts towards achieving widespread electricity metering, a crucial step in bolstering Nigeria’s energy infrastructure and fostering socio-economic development nationwide.

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Lagos APC Primaries: Party Members Reject Results, Stage Protest in Agege

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Lagos APC Primaries

Lagos APC Primaries: Party Members Reject Results, Stage Protest in Agege—-Some members of the All Progressives Congress(APC) in Agege Local Government Area of Lagos State  on Tuesday staged a protest over the results of last Saturday’s primaries of the party.

The party members, chanting words rejecting the outcome of the primaries during the protest at Oke-koto area of Agege, said the announced results did not reflect the will of APC members in the area.

They said Mr Babatunde Azeez and Mr Abiodun Akinola,announced as chairmanship candidates for Agege LG and Orile-Agege Local Council Development Area(LCDA) respectively, were imposed on  party members.

Mr Sabitu Kamorudeen,Chairman of 2023  Presidential Campaign Council(PCC) in Agege, who led the protest,said most party members were against the emergence of the candidates for the two council areas.

According  to him, the two candidates were hand-picked by some party leaders to serve their selfish interests.

“We are here to challenge those using President Bola Tinubu’s name to impose their candidates.

“The results are not only misleading but are  a gross misrepresentation of the democratic will of our party members in Agege and Orile-Agege.

“The outcomes are not  a reflection of due process but  reek of  manipulation and abuse of party machinery by entrenched interests,who have hijacked our local politics,” he said.

Speaking , Mr Adetunji Akinyemi,  spokesperson, PCC Orile-Agege LCDA, said that  members of the APC in the area  acknowledge and respect the supremacy of party directives and structures.

According to him, such deference must not be misconstrued as passive endorsement of tyranny or authoritarianism cloaked as leadership.

“We cannot support a scenario where a single individual, wielding inordinate influence, positions himself as the sole arbiter of who rises or falls within the party in Agege.

“That is not party discipline—it is political capture, and it is antithetical to the democratic ethos of our party, the APC.The political climate in Agege and Orile-Agege is uniquely troubling,” he said

Also Mr Akeem Ashiru, one of party leaders in the area,urged the state council of APC, political leaders and members of the party’s  National working Committee to act on the matter and check what he called hijack of the party in Agege and Orile Agege.

“This is Lagos and this is Agege, it is not a political estate to be inherited or transferred at will.

“For many of us,  Agege is not only our constituency,  it is our home.We have no ancestral retreats beyond these communities and so we must insist on justice, fairness and the preservation of peace,” Ashiru said.

Asanat Lawal, a member of the group, said that their allegiance remained with the broader APC.

According to her, party members are committed to the party and second-term bid of President Bola Tinubu, but  will not remain silent in the face of oppression.

“We will continue to resist every attempt to destroy our democratic foundation of our local politics and we will defend the rights of our people to be represented by individuals of their choosing not by fiat, coercion or hereditary succession,” she said.

NAN reports that the party  has inaugurated an appeal committee to look into  alleged malpractices, manipulation and allegations raised by aspirants and delegates that participated in the primaries .

The party advised discontented aspirants to submit their appeals to the committee by 12.p.m. on Tuesday( May 13)

NAN reports that the Lagos State Independent Electoral Commission, LASIEC, had fixed July 12 for  the local government election in the state.

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Biafran Political Activist Simon Ekpa To Be Repatriated For Supporting Nnamdi Kanu, Witness Tells Court

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Biafran Political Activist Simon Ekpa To Be Repatriated
Biafran Political Activist Simon Ekpa To Be Repatriated For Supporting Nnamdi Kanu, Witness Tells Court—A prosecution witness, identified as PW-AAA, on Friday, said that Simon Ekpa would soon be brought from Finland to Nigeria to face trial for supporting Nnamdi Kanu in the agitation for Republic of Biafra.
PW-AAA, one of the Department of State Service (DSS) operatives that arrested Kanu in 2015 at a Lagos hotel, told Justice James Omotosho of the Federal High Court in Abuja in the ongoing trial of Kanu, the leader of the proscribed Indigenous People of Biafra (IPOB).
The witness, whose real name was not mentioned because of security reasons, stated this during cross examination  by Kanu’s counsel, Chief Kanu Agabi, SAN.
Earlier, the Federal Government also tendered more items recovered from  Kanu and admitted as exhibits by the court.
These include one black laptop,  two multi mix transmitters, one mini white Apple iPad with a pouch, one grey Apple iPad with a pouch, one grey MacBook with a pouch, one grey MacBook with case, one mini drone sound wave speaker, and two mini white speakers.
Others are one large computer mouse, one white adaptor, one laptop adaptor and one carton bag with laptop, two 3G modems, two Glo modems, one Glo Hawaii modem, one MTN modem, one Etisalat modem, one flash drive and one camcorder.
These also included one hand recorder in a black pouch, one MacBook Pro adaptor, one Mic stand, one Phillips headphone, one radio sharp mic with cord, one pro sound mic with cord and one 4G LTE modem.
Others are a bunch of cards, one power adaptor for mixer, one Easy Blaze white modem, one Samsung phone,1 black Motorola phone and one Nokia phone.
Also found on him are “one black Samsung phone, one black phone, 1 D-Link black modem, one 8GB flash drive, one extension wire adaptor, one pair of shoes, one belt, one pair of ciderwood sneakers and one footwear.
“One black Softech wristwatch, two singlets, one sealed Hermes perfume, one Trinket, one Pokham perfume, one Fredrick Peckham wristwatch, one Diesel wristwatch, one Alexander Christy collection wristwatch, one Club wristwatch.
“Others are a bank MasterCards, copies of documents, one copy of IPOB complementary card, documents tagged IPOB, one white clipper, one bottle of medicine, one Oman perfume, one Mini scented oils, one empty black purse.
“Others are one Nigerian passport bearing the names Okwu Kanu Nwannekaibeya Nnamdi Ngozichukwu and one British passport bearing the name Okwu Kanu Nwannekaibeya, one black purse, one passport holder, one card holder, one box of Rocarden wristwatch and four bundles of cords.”
While being cross examined, PW-AAA said no weapon was recovered from the IPOB leader during his arrest in Lagos.
He also said that no arms was recovered from the lady arrested along with Kanu.
He said though the recovered items might not be ordinarily offensive, the intention of the defendant might  be otherwise.
PW-AAA also told the court that he did not analyse any of the items recovered because his mandate was to effect arrest and obtain statement from Kanu.
Justice Omotosho adjourned the matter until May 6, May 7 and May 8 for continuation of cross examination.

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