Headline

How NAGGW spent N81.2bn to plant 21m trees – Reps

Published

9 months ago

August 31, 2023

The House of Representatives Ad hoc Committee investigating the utilisation of ecological funds released to the National Agency for the Great Green Wall (NAGGW) has uncovered N81.2 billion allegedly spent to plant 21m trees in 11 states.

The investigation is from 2015 till date

Rep. Isma’ila Dabo, the Chairman of the committee in Abuja, decried the persistent of environmental challenges in spite of funds put into the programme.

He said the funds put by the Federal Government and international partners necessitated the investigation.

He said the committee would embark on, on-the-spot assessment tour to all the projects executed under this scheme to ascertain the claims.

He said the committee was not out to scandalise any individual or organisation but only to ensure that public funds were utilised for the purpose they were given.

“We will not shy away from pointing fingers where necessary, not out of personal animosity but simply in the national interest of our nation.”

The News Agency of Nigeria (NAN) reports that the 11 states where the trees are planted are: Kebbi, Sokoto, Zamfara, Katsina, Kano, Jigawa, Bauchi, Gombe, Adamawa, Yobe and Borno.

The committee expressed displeasure over conflicting financial reports submitted by the Central Bank of Nigeria (CBN) and office of the Accountant General of the Federation (oAGF) to the committee.

Piqued by the inability of the agency to substantiate most of the tree planting projects carried out so far, the committee said 80 per cent of trees planted by the agency did not survive.

Meanwhile, the documents submitted by the Accountant General of the Federation (AGF), Mrs Oluwatoyin Madein showed that the total sum of N19.378 billion was released from the derivation and Ecology Accounts to the agency from Feb 2019 to date.

Responding to questions from the committee, NAGGW Managing Director, Dr Yusuf Bukar, said the Great Green Wall Act was signed by Mr. President in 2015.

He said it enabled the agency to implement the Nigerian component of the programme as an initiative of the African Union being implemented in 11 African countries.

This according to him, is to address the problem of land degradation, desertification, drought, climate change and livelihood of affected communities.

He saud the agency planted 1 million trees in Borno, Yobe and other states, adding that N2.4 billion was released in the first phase and N7.3 billion released in the second phase.

He added that the fund accruing into the agency’s account included 15 per cent of the ecological fund for the Great Green Wall, contribution of fund from the natural resources development fund and gifts.

Others include loans and grants in aid from national bilateral, multilateral organisations and donors, international and development agencies as well as individuals.

He said that the agency often got funds from donor agencies; however, he did not provide relevant documents on the amount received so far.

Headline

EFCC bars dollar transactions, orders embassies to charge in naira

Published

3 days ago

May 11, 2024

Desmond Ukafor

The Economic and Financial Crimes Commission has barred foreign missions based in Nigeria from transacting in foreign currencies and mandated them to use Naira in their financial businesses.

The EFCC has also mandated Nigerian foreign missions domiciled abroad to accept Naira in their financial businesses.

The anti-graft agency said the move is to tackle the dollarisation of the Nigerian economy and the degradation of the naira

The Commission, therefore, asked the government to stop foreign missions in Nigeria from charging visa and other consular services in foreign denominations.

The EFCC gave the advisory in a letter to the Minister of Foreign Affairs, Amb. Yusuf Tuggar, for onward transmission to all foreign missions in the country.

In the letter, the EFCC said it issued the advisory because the practice of paying for consular services in dollars was in conflict with extant laws and financial regulations in Nigeria.

In a letter dated April 5, 2024, which was addressed to the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, titled: “EFCC Advisory to Foreign Missions against Invoicing in US Dollar,” the EFCC Chairman, Ola Olukoyede expressed dismay over the invoicing of consular services in Nigeria by foreign missions in dollars.

The EFCC cited Section 20(1) of the Central Bank of Nigeria Act, 2007, which makes currencies issued by the apex bank the only legal tender in Nigeria.

The letter read, “I present to you the compliments of the Economic and Financial Crimes Commission, and wish to notify you about the commission’s observation, with dismay, regarding the unhealthy practice by some foreign missions to invoice consular services to Nigerians and other foreign nationals in the country in United States dollar ($).

“It states that ‘the currency notes issued by the Bank shall be the legal tender in Nigeria on their face value for the payment of any amount’.

“This presupposes that any transaction in currencies other than the naira anywhere in Nigeria contravenes the law and is, therefore, illegal.”

The commission further stated that the rejection of the naira for consular services in Nigeria by certain missions, along with non-compliance with foreign exchange regulations in determining service costs, is not just unlawful but also undermines the nation’s sovereignty embodied in its official currency.

The letter continues: “This trend can no longer be tolerated, especially in a volatile economic environment where the country’s macroeconomic policies are constantly under attack by all manner of state and non-state actors.

“In light of the above, you may wish to convey the commission’s displeasure to all missions in Nigeria and restate Nigeria’s desire for their operations not to conflict with extant laws and regulations in the country.”

Diplomatic sources said yesterday, May 10, that some embassies were wondering whether the EFCC’s advisory represented the position of the Federal Government.

Headline

Prince Harry visits sick Nigerian soldiers in Kaduna

Published

3 days ago

May 11, 2024

Alero Danjuma

Prince Harry and his team visited the 44 Nigerian Army Reference Hospital in Kaduna to interact with wounded soldiers who are receiving treatment.

The Duke of Sussex is in Nigeria with his wife to champion the Invictus Games, which Harry founded to aid the rehabilitation of wounded and sick servicemembers and veterans.

Nigeria joined the Invictus Community of Nations in 2022 becoming the first African country to join.

Prince Harry’s visit to Kaduna came 68 years after his late grandmother Queen Elizabeth II visited the state during the time of the late Premier of Northern Region Sir Ahmadu Bello.