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Senate Receives Buhari’s Fresh Request To Approve $4.054bn, €710m, $125m Loans

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The Senate has received a formal request from President Muhammadu Buhari to consider and approve an external loan to fund projects captured under the 2018-2021 borrowing plan.

The letter dated August 24, 2021 was read during plenary by the Senate President, Ahmad Lawan, on Tuesday.

Buhari in the letter explained that the projects listed in the 2018-2021 Federal Government Borrowing Plan are to be financed through sovereign loans from the World Bank, French Development Agency (AFD), China-Exim Bank, International Fund for Agricultural Development (IFAD), Credit Suisse Group and Standard Chatered/China Export and Credit (SINOSURE) in the total sum of USD4,054,476,863.00; Euro 710,000,000.00 and Grant Component of USD125,000,000.00.

He explained that the amount would be used to fund Federal and States Government projects cut across key sectors such as Infrastructure, Health, Agriculture and Food Security, Energy, Education and Human Capital Development and COVID-19 Response efforts.

According to the President, the projects which are spread across the six geo-political zones of the country would bring about employment generation and poverty reduction, as well as protection of the most vulnerable and very poor segments of the Nigerian society.

The letter reads: “I write in respect of the above subject and to submit the attached addendum to the proposed 2018-2021 Federal Government External Borrowing (Rolling) Plan for the consideration and concurrent approval of the Senate for same to become effective.

“The Senate President may wish to recall that I earlier transmitted a request on the proposed 2018-2020 Federal Government External Borrowing Plan for the concurrent approval of the Senate in May, 2021.

“However, in view of other emerging needs and to ensure that all critical projects approved by FEC as at June 2021 are incorporated, I hereby forward and addendum to the proposed Borrowing Plan.

“The Projects listed in the addendum to the 2018-2021 Federal Government External Borrowing Plan are to be financed through sovereign loans from the World Bank, French Development Agency (AFD), China-Exim Bank, International Fund for Agricultural Development (IFAD), Credit Suisse Group and Standard Chatered/China Export and Credit (SINOSURE) in the total sum of USD4,054,476,863.00; Euro 710,000,000.00 and Grant Component of USD125,000,000.00.

“The Senate is kindly invited to note that the projects and programmes in the Borrowing Plan were selected based on positive, technical and economic evaluations and the contribution they would make to the socio-economic development of the country including employment generation and poverty reduction as well as protection of the most vulnerable and very poor segments of the Nigerian society.

“The Senate may also wish to note that all the listed projects in the addendum form part of the 2018-2021 External Borrowing Plan and cover both the Federal and States Government projects and are geared towards the realization of the Nigeria Economic Sustainability Plan that cut across key sectors such as Infrastructure, Health, Agriculture and Food Security, Energy, Education and Human Capital Development and COVID-19 Response efforts.

“A summary of some key projects in each of the six geo-political zones and a summary on the expected impacts on the socio-economic development of each of the six (6) geo-political zones are attached herewith as Annex II and III.

“Given the importance attached to the timely delivery of the projects listed in the proposed Borrowing Plan and the benefits both the Federal and State Governments stand to gain from the implementation of same, I hereby wish to request for the kind consideration and concurrent approval of the Senate for projects listed in the addendum to the 2018-2021 Federal Government External Borrowing Plan to enable the projects become effective.”

Culled from the Leadership News Nigeria

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Nigerian officials probe plan to marry off scores of female orphans

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Nigeria’s Federal Ministry of Women Affairs says it is investigating a plan by a lawmaker in central Niger state to marry off some 100 female orphans of unknown ages later this month.

Speaker of the Niger State Assembly Abdulmalik Sarkin-Daji announced the mass wedding last week but called off the ceremony following widespread outrage.

Minister of Women Affairs Uju Kennedy-Ohanenye, speaking to journalists in Abuja on Tuesday, condemned the plans.

Kennedy-Ohanenye said she had petitioned the police and filed a lawsuit to stop the marriages pending an investigation to ascertain the age of the orphans and whether they consented to the marriages.

“This is totally unacceptable by the Federal Ministry of Women Affairs and by the government” of Nigeria, she said.

Last week, Sarkin-Daji announced his support for the mass wedding of the orphans, whose relatives were killed during attacks by armed bandits. He said it was part of his support to his constituents following an appeal for wedding funding by local traditional and religious leaders.

The mass wedding had been scheduled for May 24.

“That support I intend to give for the marriage of those orphans, I’m withdrawing it,” he said. “The parents can have the support [money], if they wish, let them go ahead and marry them off. As it is right now, I’m not threatened by the action of the minister.”

Despite national laws prohibiting it, forced or arranged marriage is a common phenomenon in Nigeria, especially among rural communities in the predominantly Muslim north, where religious and cultural norms such as polygamy favor the practice.

Poor families often use forced marriage to ease financial pressure, and the European Union Agency for Asylum says girls who refuse could face repercussions such as neglect, ostracism, physical assault and rape.

Raquel Kasham Daniel escaped being married off as a teenager when her father died and now runs a nonprofit helping children, especially less-privileged girls, get a formal education for free.

She said the ability of women to avoid forced marriage in Nigeria depends on their income and education.

“I was 16 when I lost my dad and I was almost married off, but then I ran away from home. And that gave me the opportunity to complete my education, and now I have a better life,” Daniel said.

“So, the reason why I prioritize education is to make sure that other girls have access to quality schooling so that it will help them make informed decisions about their lives. Education not only increases our awareness as girls about our rights but also enhances our prospects for higher income earning,” she said.

Thirty percent of girls in Nigeria are married before they turn 18, according to Girls Not Brides, a global network of more than 1,400 civil society groups working to end child marriage.

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Shell investigates smoke near Gbaran oil facility in Nigeria

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YENAGOA, Nigeria, May 14 (Reuters) – Oil major Shell is investigating reports of smoke early Tuesday near its Gbaran Ubie oil and gas facility in Nigeria’s coastal Bayelsa state, a spokesperson said after residents reported hearing explosions and seeing smoke near the area.
The incident would not immediately lead to an operational shut-in, the Shell spokesperson said.
A fire was reported around 0600 GMT by residents in the nearby community, who said blasts were heard where pipeline repair works had been ongoing.
The Gbaran facility, which began operations in 2010, is by far the most important Nigeria LNG gas feedstock project, processing almost 2 billion standard cubic feet of gas per day.
“We are actively monitoring reports of smoke detected near our Gbaran Central Processing Facility in Bayelsa State. While the source appears to be external to our facility, we are in close communication with regulatory authorities to look into the incident and ensure the safety of the surrounding communities,” a Shell spokesperson said in an emailed statement.
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Shell did not immediately respond to the accounts of residents in the area.
Resident Ovie Ogbuku told Reuters: “At about 7 a.m. I heard the sound so deafeningly and it shook the foundation of the earth and we ran for our dear lives. The result is the thick smoke you are seeing now.”
Another resident Uche Ede said; “We have no idea of the cause of the explosion but we are grateful no life was lost because it was far away from homes.”
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Land operations in Nigeria’s oil-rich Niger Delta are prone to sabotage, theft, and pipeline vandalism, forcing oil majors to exit such fields to focus on deepwater drilling.

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Lifestyle

The Duke and Duchess of Sussex’s Nigeria tour: A Round Up

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Meghan and Harry spent three days in the African country, Nigeria in celebration of the 10th anniversary of the Invictus Games

The Duke and Duchess of Sussex spent time in Nigeria as part of a three-day tour, in celebration of the 10th anniversary of The Invictus Games.

The couple were personally invited on the trip by Nigeria’s chief of defence staff, General Christopher Musa; they are not there in any official capacity on behalf of the royal family or the UK. The tour schedule, which started in the bustling capital of Abuja, has been jam-packed, including a visit to primary and secondary school Lightway Academy, where they met with students, and experiencing the work of Nigeria Unconquered, a charitable foundation dedicated to aiding wounded, injured, or sick servicemembers.

Naturally, the trip also provided the opportunity for Meghan to showcase a multi-day “tourdrobe”, the likes of which we haven’t seen since the couple stepped down as senior working royals in early 2020 – and she hasn’t disappointed, in a series of summery maxi dresses, elegant tailoring and striking separates.

See highlights from their trip so far, below.

On day three, the couple arrived at Lagos airport, where they were given an official state welcome.

The couple posed for a photo with children and Nigerian dignitaries.

 

The couple were greeted by the Lagos State Governor, Babajide Sanwo-Olu.

 

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They then attended a basketball exhibition training match at Ilupeju Grammar School in Lagos. After the match, they posed for a photo with the Toronto Raptors basketball team president, Masai Ujiri, and the principal of Ilupeju Grammar School, Josephine Egunyomi.

 

The couple attended a reception hosted by the charity organisation Nigeria Unconquered, held at the Officers’ Mess in Abuja.

 

A visit to the Defence Headquarters in Abuja.

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