Nigeria’s Victory Against $11bn Failed Gas Project Huge Indictment Of Predatory International Investors-AGF

Mohammed Shosanya

The Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi SAN,says the quashing of the $11bn arbitral award previously made against Nigeria, in 2017, in favour of Process and Industrial Developments Limited (P&ID), was a “damning indictment of predatory international investors.

According to him,the judgment also serves as a damning indictment of predatory international investors, who should now rightfully be deterred from preying upon Nigeria and other developing nations to satisfy their greed.

Justice Robin Knowles of the Commercial Courts of England and Wales, on Monday, quashed the $11bn arbitral award in the case marked CL-2019-000752, filed in a Business and Property court in London.

The Federal Government had gone to court to overturn the $6.6bn arbitration award made in favour of P&ID in 2017.

Reacting,the AGF said the judgment found that the award had been obtained by fraud and in a way which was contrary to public policy.

He noted that the arbitral award had over the years placed the assets of Nigeria and those of its agencies all over the world at the risk of attachment, erosion of foreign reserves and distortion of monetary, fiscal and other policies of government with attendant dire consequences for Nigeria and its people.

He added:”This successful result is a decisive victory for the people of Nigeria who stood to lose over US$11 billion, and for the Nigerian administration which has now reached a milestone in its mission to challenge the scourge of corruption.

“P&ID and its associates both Nigerians and foreigners alike, shamelessly attempted to defraud the country and enrich themselves through sharing the FRN’s privileged documents, fraud, bribery and corruption on an industrial scale.

“Those efforts, which took place over many years, have finally been uncovered for all to see” the AGF stated.

“For us in this administration, it has been a night of long knives!

“This success marks the culmination of over a decade of legal action and is not just a victory for the people of Nigeria, but any similar target of corruption and fraud” Fagbemi said.

The AGF pointed out that several agents of P&ID made overtures to the government for settlement of the case.

“However, the resolve of the
administration of President Bola Ahmed Tinubu not to go hands in gloves with fraudulent counterparties or condone corruption informed the position of the FRN to hold fast to its position not to settle” the Justice Minister disclosed.

Fagbemi in a statement on Monday, described the judgment as historic and very significant in the annals of Nigeria and indeed Africa.

“This judgement has vindicated the government and should serve as a pointer to others who might be nursing or nurturing any plan to swindle Nigeria.

“The success recorded was as a result of close inter-agency collaboration of the FGN Team comprising the Office of the Honourable Attorney General of the Federation (HAGF)/ Federal Ministry of Justice (FMoJ), Economic & Financial Crimes Commission (EFCC), Nigerian Police Force (NPF), Central bank of Nigeria (CBN), Ministry of Petroleam Resources (MPR), the Nigerian National Petroleum Company Limited (NNPCL) Department of State Security (DSS) and the Nigeria Financial Intelligence Unit (NFIU)” he said.

Besides,the AGF hinted that there would be further hearings by the UK court on the heels of the judgement to determine costs payable by P&ID and other matters.

Mr Justice Robin St John Knowles of the United Kingdom Commercial Court handed down the judgement in the suit where the Federal Republic of Nigeria moved to set aside the arbitral award of US$9.6 (now circa USD11 Billion) made against it in 2017, in favour of Process and Industrial Developments Limited (P&ID) for an alleged breach of a Gas Supply and Processing Agreement (GSPA) it purportedly entered into with the Ministry of Petroleum Resources (MPR) to establish a gas processing plant in Calabar for which P&ID never ever secured any land site.

The Judge had concluded that P&ID obtained the award only by “practising the most severe abuses of the arbitral process”.

John Knowles further noted “That this case has also, sadly, brought together a combination of examples of what some individuals would do for money. Driven by greed and prepared to use corruption; giving no thought to what their enrichment would mean in terms of harm to other.”

NESG Urges FG On Improved Ease Of Doing Business

Mohammed Shosanya

The Nigerian Economic Summit Group,NESG,has emphasized the need for urgent strategic shifts that impact the ease and cost of doing business within a relatively short period.

Its chairman,Mr.Niyi Yussuf,said this on Monday in Abuja at the opening ceremony of the 29th Nigerian Economic Summit(NES 29) organised by the Nigerian Economic Summit Group (NESG) in partnership with the Federal Ministry of Budget and Economic Planning.

He said the current state of ease of doing business is a matter of existential threat to the survival of enterprises and entrepreneurs.

Speaking on the challenges faced by the business operators in Nigeria, Yusuf said: “The low access to and increasing cost of FX, high cost of inventory, imported inputs, and operations, coupled with the diversity of taxes, continue to erode business balance sheets, with resultant contraction in production and employment.

“Large firms are battling low-capacity utilisation, while medium, small and micro-enterprises grapple with multidimensional complexities. These poor economic outcomes have created worsening social conditions that cannot be taken for granted.

“With more than 133 million multidimensionally poor Nigerians, there are potentially more risks of stagnation and distress if a low-growth and low-investment era persists. The future of the Nigerian Child is at stake, across every geopolitical zone.

“The Nigerian ageing population is also at risk. There is a high prospect that a retiree’s savings and investments will be eroded entirely just a few years into the first or second decade of retirement.

“Our high fertility rate which is driving a much higher population growth than economic growth poses a risk of an unproductive population bulge, with an unmanageable social infrastructure cost and burden for supporting our children’s health, nutrition and education.”

To achieve a multi-trillion dollar economy growth trajectory, Yusuf suggested a macroeconomic stabilisation programme supported by an aggressively scaled national security effort to halt all forms of syndicated and organised crime around crude oil and solid minerals.

“A Made-in-Nigeria Agenda. To Make-in-Nigeria, two strategic drivers require urgent investment:

He also said,Nigeria needs a national emergency energisation programme to enable access to stable, predictable, and affordable electricity supply and a national infrastructure corridor development programme

Nigeria,he said,requires a national job creation plan that drives the creation of huge volume of high-quality jobs,while a revised national assets optimisation plan that ensures critical national assets are fully utilised and productive was necessary.

He added:”Nigeria needs a national competitiveness plan that defines the sectors where we have a competitive advantage; and export expansion targets to achieve a trade surplus and a positive balance of payment and “capacity building agenda that answers the type of skills, competencies, expertise, and technological know-how required for the Nigerian Workforce for a Digitally Industrialised Nigeria, among others.

NCDMB,NERC,NAQS Lead Executive Order Compliance On Ease Of Doing Business

Mohammed Shosanya

The Nigerian Content Development and Monitoring Board (NCDMB), Standards Organization of Nigeria (SON), and the Nigerian Agricultural Quarantine Service (NAQS) have emerged as overall top-performing agencies in compliance with the 2022 Executive Order 001.

This was contained in the Presidential Enabling Business Environment Council (PEBEC) 2023 half year compliance report released on Monday

The Compliance report was released during a stakeholder sensitization session with Ministries, Departments, and Agencies (MDAs) and it fulfills the Council’s continued commitment to track compliance with the Executive Order on promoting Transparency and Efficiency in the Nigerian business environment.

She said,”Over the past six years, the PEBEC has consistently published EO1 Compliance Reports, providing an empirical analysis of the monthly reports from MDAs.

“An MDA’s EO1 performance score is based on Efficiency and Transparency measures, with a 70% to 30% ratio, respectively.

“Efficiency measures compliance with service delivery timelines and directives of the EO1, while Transparency is assessed based on website updates, online service portals, detailed service information, timelines, costs, statutory requirements, and customer service contact details. The latest EO1 Compliance Report covers January 2023 to June 2023.

“The top five performing MDAs during this period are the Nigerian Content Development and Monitoring Board (NCDMB) with an impressive 83.06%, followed by the Standards Organisation of Nigeria (SON) at 82.85%, and the Nigeria Agricultural Quarantine Service (NAQS) ranking third with 69.85%” said Dr. Jumoke Oduwole, the Special Adviser to the President on PEBEC & Investment.

According to her, the Nigerian Electricity Management Services Agency (NEMSA) and the Corporate Affairs Commission (CAC) also secured the fourth and fifth positions, scoring 67.99% and 64.01%, respectively.

She urged the MDAs to leverage the findings in the report to deliver the much-needed improvement in transparency and efficiency of public service delivery to improve the Nigerian business environment.

She said,the Presidential Enabling Business Environment Council (PEBEC) was established in July 2016 by the Federal Government to oversee Nigeria’s business environment intervention with the dual mandate of removing bureaucratic and legislative constraints to doing business and improving the perception of the ease of doing business in Nigeria.

Oduwole stated that the Council is chaired by Vice President Kashim Shettima, adding that the 2023 Half-Year EO1 Compliance Report is available for download on the PEBEC website.

Speaking,Amadi Ikpe, the Desk Officer for the Service Delivery Compliance for Nigerian Agriculture Quarantine Service, representing the Reform Champion for the meeting, said PEBEC interventions have been great, stressing that before PEBEC, trade facilitation was not at the pace that it is currently.

“PEBEC brought in a structure that helps to deal with all the challenges that trade facilitation had been facing so far without having individuals to be physically involved in the process.

“That is to say that you have a structure that helps to prevent rent seeking without policing the people. You have a process to evaluate how well you are serving the people and areas you can improve on without having to think too far. So they put in data analytics into their system and that is what has made it smooth.

“The figures are there, and you know numbers don’t lie. So that has helped to improve trade facilitation so far and has helped us as agencies that give this services at the border to improve our processes on our own. Their reporting system helps gather information and has been more critical to our own processes and our standard of operations than we believe it would have been” he said.

My Administration Will Grow Nigeria’s Economy To $1trn-Tinubu

Mohammed Shosanya

President Bola Tinubu,says his administration will grow the nation’s economy to $1 trillion by 2026,and increase it to $3 trillion by the end of 2030.

Tinubu,gave the assurance on Monday in Abuja at the opening ceremony of the 29th Nigerian Economic Summit(NES 29) organised by the Nigerian Economic Summit Group (NESG) in partnership with the Federal Ministry of Budget and Economic Planning.

He asserted that it was possible for his administration to walk the talk on the $1trillion economy in three years.

He said: “Distinguished ladies and Gentlemen, a $1 trillion economy is possible by the year 2026 and a $3 trillion economy is possible within this decade. We can do it.”

“We’ve done double-digit inclusive and sustainable competitive growth. This is our agenda and I’d like to charge you- the captains of industry here present, to commit yourselves to and redouble your effort to our vision of a renewed hope.”

The President,who revealed his administration’s plans to stabilize the economy through the collaboration with the private sector and all critical stakeholders, stressed the need for the provision of sustainable credit scheme.

He said such credit scheme would aid an effective anti-corruption campaign and fight.

He added:”There must be consumer credit, the scheme will have to come into effect as soon as possible.

“I charge my team and colleagues to build this programme and develop it now. We cannot talk about anti-corruption when you have to look for cash to buy a car”

He further assured investors and business men that his government inherited the assets and liabilities of the government with regard to the foreign exchange and financial market.

He noted that the administration has a good line of sight about FX liquidity and will honour all foreign exchange forward contracts entered by the government.

He said: “To mobilise finance for economic development, we have started local and external mobilisation of financial resources and capital from a wide range of partners amongst several initiatives. We are progressing forward”

“You have heard that the CBN removed about 43 items, I have read all the comments, but there must be a clear line between monetary policy and fiscal policy.

“Are these items on trade embargo? No. You simply move them to the parallel market.

“Let’s compete with whatever is available so that the government will work hard and bring more investment to the economy.”

P&ID Suit:UK Court Dismisses $11bn Arbitral Award Against Nigeria

Justice Robin Knowles of the Commercial Courts of England and Wales, has quashed the $11bn award previously made against Nigeria in favour of the Process and Industrial Developments Company, (P&ID).

In the case marked CL-2019-000752, alfiled in a Business and Property court in London, the Federal Government had sought to overturn $6.6bn arbitration award in favour of P&ID in 2017.

The award had continued to accrue interest since then which has now brought the current total before yesterday’s judgment to approximately $11 billion.

In the same ruling, the court declared that it did not find any merit in the charges of bribery levelled against Mr. Olasupo Shasore (SAN), a former Attorney-General of Lagos State, who was representing Nigeria in the arbitration.

Shasore was accused of obstructing Nigeria’s legal proceedings against the British Virgin Islands-based company.

Shasore faced allegations of negligence and inadequate due diligence in handling the case, with claims that he had inadequately defended Nigeria’s interests.

In his defense, Shasore maintained that he had done everything within his power to secure the best outcome for the country.

Justice Knowles, in his verdict, stated, “As far as I am aware, Mr. Shasore SAN has not, in my judgment, been shown to be corrupt. His actions are inconsistent with Nigeria’s theory that he was.”

“I add that in my view, Nigeria (and specifically Mr Malami SAN, the Attorney General)
did not in truth believe Mr Shasore SAN was corrupt.

‘On 21 November 2017, Mr Shasore SAN, was engaged by Nigeria to represent the Ministry of Power in a $2.4bn
arbitration claim by Sunrise Power and Transmission Co.

“His appointment was approved by Mr Malami SAN on 6 March 2018, and formally confirmed by Mr Malami
SAN, on 18 March 2018,” he said.

The judge cited several reasons for his decision, highlighting Mr. Shasore’s sound advice to Nigeria to investigate and obtain expert evidence, his assistance in succeeding in Nigerian court applications, his contribution to reducing settlement figures, and his vigorous challenges against P&ID during the liability hearing.

The dispute dates back to 2010, when P&ID Limited entered into a gas supply and processing agreement with Nigeria, with plans to establish an Accelerated Gas Development project in Cross River State.

The project never materialized, and P&ID subsequently accused Nigeria of breaching the contract terms.

P&ID claimed Nigeria violated terms of its agreement by failing to provide gas for the power plant it wants to build for the country.

In 2015, P&ID won a judgment for a $10 billion compensation.

This frustrated the construction of the Gas Project agreed to during the government of former president Umaru Yar’Adua and deprived P&ID the potential benefits expected from 20 years’ worth of gas supplies with “anticipated profits of $5 to $6 billion.”

The arbitral tribunal unanimously decided that the Federal Government had repudiated the GSPA by failure to perform its obligations under the GSPA and awarded P&ID was entitled to $6.6 billion in 2017.

That fine along with interest has now risen to $11.5billion.

Former President Goodluck Jonathan’s government had reached an out-of-tribunal agreement for the payment of $850 million and passed on disbursement to the administration of President Buhari.

But,Buhari refused to pay the negotiated sum, set aside the settlement agreement and challenge the enforcement of the award before the English Commercial Court.

Ondo Assembly Insists On Aiyedatiwa’s Impeachment,Writes CJ To Constitute Panel

Mohammed Shosanya

The Ondo State House of Assembly, Monday wrote the state Chief Judge to constitute a seven-person panel to investigate the allegation of gross misconduct against the deputy governor,Lucky Lucky Aiyedatiwa.

The action of the lawmakers was at variance with Abdulahi Ganduje-led All Progressives Congress National Executive Council’s intervention to stop the removal of the number two man in the state.

The Assembly claimed that following the expiration of the interim injunction of the Federal High Court which restrained the CJ and Assembly from continuing with the impeachment process, the CJ was requested to constitute the investigation panel.

The Chief Judge of the state, Justice Olusegun Odusola had earlier written in reply to the Assembly that he was restrained by Court from constituting the seven-person panel as requested by the Assembly.

The new request signed by the Speaker of the state House of Assembly, Olamide Oladiji, said the injunction granted by the Federal High Court in suit FHC/ABJ/CS/1294/2023 has expired.

The letter reads: “The Ondo State House of Assembly had on 3rd October, 2023 requested your lordship to constitute a Seven-man Panel to investigate the allegations of gross misconduct leveled by the House against the Deputy-Governor of Ondo State, His Excellency, Hon. Lucky Orimisan Ayedatiwa, in line with Section 188 (5) of the Constitution of the Federal Republic of Nigeria, 1999 (as amended).

“In a reply letter dated October 6, 2023, your lordship acknowledged and quoted Section 188 (10) of the Constitution which states that “No proceedings or determination of the House of Assembly or the Panel or any matter relating so such proceedings or determination shall be entertained or questioned in any court.”

“Your lordship however opined that until the ex parte Order made on September 26, 2023 by the Abuja Judicial Division of the Federal High Court restraining you from setting up the Panel was either vacated or set aside, your hands would continue to be tied.

“However, from the facts and legal advice at the disposal of the House, the said Order has now elapsed and/or become extinguished by the operation of the law, in view of the clear provisions of Order 26 Rule 10 (2) & (3) of the Federal High Court (Civil Procedure) Rules, 2019, which states as follows:

“An application to vary or discharge an order ex parte may be made by the party or any person affected within 14 days after service and shall not last more than fourteen days after the application has been argued unless the court otherwise directs.

“Where a motion to vary or discharge an ex parte order is not taken within 14 days of its being filed, the ex parte order shall lapse unless the court otherwise directs in the interest of justice.”

“Your lordship would recall that the ex parte order was made on September 26, 2023 (a copy of which is attached hereto as Annexure ODHA1), after which the case was adjourned to October 9, 2023. The 3rd Defendant in the case filed a motion on October 4, 2023 to discharge the Order and/or strike out the case for want of jurisdiction.

“A copy of the motion is attached hereto as Annexure ODSH 2. Fourteen days from October 4, 2023 when the motion was filed, terminated on or about October 18, 2023. The court has not taken the application or renewed the Order, as evident in the certified true copy of the court’s record of proceedings for October 9, 2023 and October 16, 2023, copies of which are attached hereto as Annexures ODHA 3 and ODHA 3A respectively. In fact, in Exhibit ODHA3, it was recorded that the motion was served on the Plaintiff in Court on October 9, 2023, after which the matter was adjourned to October 16, 2023.

“In view of the above facts, your lordship would agree that the said Order has elapsed by the operation of the law, and no longer constitutes an encumbrance for your lordship to discharge the sacred constitutional obligation placed on your office by virtue of Section 188 (5) of the Constitution to set up the seven-man panel.

“Consequently, the 10th Ondo State House of Assembly hereby calls on your lordship to kindly constitute the Panel without any further delay.Please have the assurance of the collective esteem of the House.”

Oyo:NLC Threatens Strike,Insists On N35,000 Minimum Wage

Mohammed Shosanya

Oyo workers will proceed on steike if by the end of this month October, the state government did not comply with its demands on wage award.

The state chapter of the Nigerian Labour Congress,conveyed the threat on Monday,in Ibadan and insisted on a wage award of N35,000 for workers and N25,000 for pensioners in line with the federal government economic relief package for workers to ameliorate economic hardship due to fuel subsidy removal.

Chairman of Oyo NLC, Comrade Kayode Martins pledged to pursue the resolutions of the congress to a logical conclusion until the state government aligned with their demands.

He told journalists that: “Today’s congress was solely called on wage award issue, it’s been lingering all the while and workers in the state are fed up, even the pensioners, we’ve been having series of meetings, like we told Governor when the ad hoc committee was inaugurated that people are fed up already.”

“Since May 29 this year couple of months now nothing has been done, and we’ve been having meetings upon meetings, and people decided today that we are standing on the agreement made between the federal government in governors forum and labour leaders at the national level that at the end of the month of the wage award of N35,000 for workers, N25,000 for pensioners is not implemented people should stay at home.”

“That is what our people bought into, and we declared, we are going to send the notice to the government and all the stakeholders as well in couple of minutes.With what is on ground in Oyo state, I’m appealing to the state government as a Pace Setter state they should add to the money and not deduct from it. This is time for us to have our pay back even beyond N35,000; N25,000.”

“The Excellency has been a man for the workers and the pensioners, he’s our own man, like we said during the electioneering that his second term in office is our project and we’re able to deliver and this is pay back time for us as well the workers and pensioners in the state. So, hopefully we are believing God for something beyond N35,000 and N25,000 from him.”

“If at the end of this month nothing is done we’re staying at home, we’re the mouthpiece of our people and our people have spoken and we are just there to speak their minds and we’re going to deliver their resolutions to the appropriate quarters.” Martins said.

Speaking,Executive Secretary of the Nigerian Union of Pensioners (NUP), Oyo state chapter,Comrade Segun Abatan explained that though Governor Seyi Makinde has proven to show empathy to workers welfare, but he must be wary of wrong advices which might pitch him against the workforce.

He said:”I want to state this that the Congress of the pensioners we organized on this same issue last week Thursday was a mini congress and this is the mother and father of all congresses as far as Oyo state is concerned, whatever is said here is binding us, so the Nigerian Union of Pensioners is fully support of all the decisions taken at this Congress here today, so there is no going back on it.”

“Workers can stay at home if something is not done for them, but pensioners have that liberty to come out and demonstrate and that is what is going to happen if what we’ve demanded for doesn’t happen.”

“During electioneering period governorship aspirants go all out to campaign and they all promised us Eldorado but immediately they get there they renege, though the Excellency has done so well in his first tenure but we want to advise him to do better in this 2.0 regime, he should not listen to “bad adviser” because I will not call them special advisers, he should shun negative advise if he doesn’t want his administration to be disrespectful, what is on ground now has diminished the image of this administration, I want him to redeem that image by doing the needful for workers and the pensioners in the state.” Abatan said.

Vice chairman of the Trade Union Congress (TUC) Comrade Ranti Gbenle Oluwemimo in her remarks said the TUC in solidarity with the resolution of the NLC would equally mobilize its members to also comply.

“NLC and TUC are inseparable twins, we have the same decision, our workers are here and I have a strong belief that our Governor is a listening Governor and I’m so optimistic that he’s going to listen to us on our demands and do something that is very good and he will even surprise us with better response.”

“All the things we’ve been placing before him, he has been doing it, that is what gave me the maximum believe that this wage award he will do it without any stress, he will effect it, I’m trusting God”, Comrade Ranti said.

Ondo:Court Asks Assembly,Aiyedatiwa To Settle Rift

Akure High Court,Monday,admonished the House of Assembly of Ondo State and the Deputy Governor, Hon Lucky Aiyedatiwa, to close ranks and settle their political issues.

Hon Justice D.I. Kolawole made the remark when one of the cases filed between them came up for hearing before him in Akure.

In the case, the Ondo State Government and Governor Rotimi Akeredolu sued four registars of the Court, the Ondo State House of Assembly, the Speaker of the House and the Clerk, the Deputy Governor and the Chief Judge of Ondo State, to stop the compilation of records of appeal in aid of the appeal filed by the Deputy Governor against the ruling of Hon Justice Akintan-Osadebay delivered on 10th October 2023.

The plaintiffs in this suit filed on 12th October 2023 in Suit No.AK/362/2023 are contending that the Registry of Ondo State High Court did not comply with due process of law and the Rules of the Court of Appeal before fixing a date for the compilation of records of appeal in alleged breach of their rights.

They asked the Court to halt the process of the said compilation of records of appeal. Upon being served with the new suit, the Deputy Governor raised a counter-claim, asking the Court to stop the House of Assembly from continuing with the impeachment process, to nullify the notice of acts of gross misconduct raised against him by the House of Assembly, and to stop the Chief Judge and all judges and courts in Ondo State from extending the time within which the Chief Judge is to set up a panel of investigation beyond the seven days allowed by the constitution which has since expired.

When the case came up for hearing today before Hon Justice D.I. Kolawole, the plaintiffs were not in court and there was no legal representation for them, ditto the House of Assembly and the Chief Judge.

The Deputy Governor and Counter-claimant was represented by Emmanuel Omohavwa from the law firm of Ebun-olu Adegboruwa SAN & Co. Omohavwa informed the court that following the intervention of the National Executive Council of the All Progressives Congress, the House of Assembly and the Deputy Governor are exploring an amicable resolution of the issues in controversy between them, which may have accounted for their absence in court.

The court expressed pleasure with the information on settlement whereby the judge directed that the parties should settle and resolve their issues.

The case was adjourned to 6th November 2023 for further proceedings and report of settlement.

Adeleke Stops Foreign Trips Of Govt Officials

Mohammed Shosanya

Osun State Governor, Ademola Adeleke has ordered the immediate suspension of international travels by all cabinet members, to reduce public spending.

The governor gave the directive in a statement signed by his spokesperson, Mallam Olawale Rasheed, and made available to journalists in Osogbo, on Monday.

He gave the directive while hosting the State Executive Council meeting, on Thursday with key focus on treasury board decisions as it affects preparation for budget 2024 and landmark pronouncements on state governance.

Adeleke,who directed the immediate suspension of foreign travels by top officials, urged application of virtual meetings for attendance and participation at international business and investment events.

“Foreign trips for top officials for the rest of the year is hereby suspended unless there is a direct emergency to be authorized by the Governor”, the governor directed

The governor further instructed that state expenditure should henceforth be focussed on implementation of critical projects across the sectors.

According to him, “we must sustain the momentum of our service delivery by avoiding excessive spending on recurrent and overheads”

He also called for personal sacrifice on the part of cabinet members, positing that cabinet members and all members of the administration must demonstrate readiness to sacrifice in the face of the state’s harsh financial situation.

“Our needs from office to accommodation are much but our resources are limited. So we have to devise a coping mechanism pending the time our funding situation will improve” , he affirmed.

“As a way of enforcing efficiency in the governance process, the State Governor also directed the Head of Service to prepare a memo to streamline the relationship between the Commissioners and Special Advisers.

“While memos by Special Advisers must pass through the Permanent Secretary to the Commissioners, the Commissioners must ensure fair play and accommodating spirit” , the Governor declared in a move to pre-empt possible rivalry among top appointees.

“Members of the Council are to also note that I will be unveiling the administration’s N100 billion Infrastructure Plan by Thursday. The plan covers roads, health, water, housing among others.

“I invite us all to note that this Treasury board deliberations are critical to the achievement of our governance goals. We must take it with all seriousness”, the governor affirmed.

President Bola Ahmed Tinubu Visits Shell Stand The 29th Nigeria Economic Summit In Abuja

From right, President Bola Tinubu; Chairman, the Nigerian Economic Summit Group (NESG), Niyi Yusuf; and the Managing Director, The Shell Petroleum Development Company of Nigeria Limited and Country Chair, Shell Companies in Nigeria, Osagie Okunbor, welcoming the President to the exhibition stand of Shell companies in Nigeria at the opening ceremony of the 29th edition of the Nigerian Economic Summit in Abuja… on Monday.