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President Muhammadu Buhari Loves The “Niger-Delta”, Says NDDC’s New Ag. MD.

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The Acting Managing Director of the Niger Delta Development Commission, NDDC, Professor Nelson Brambaifa, has commended President Muhammadu Buhari for demonstrating an enduring love for the Niger Delta region.

The new Chief Executive Officer of the interventionist agency, who spoke during the inaugural meeting of the new management at the Commission’s headquarters in Port Harcourt, noted that the Federal Government had “indeed begun refunding over N1.3 Trillion owed the Commission since inception.”

Prof. Brambaifa, whose appointment was announced on Friday, January 25, 2019, alongside that of the Acting Executive Director Finance and Administration, Mr. Chris Amadi and the Acting Executive Director projects, Engr. Dr Samuel Adjogbe, said the new management team was a response to the growing unhappiness in the Niger Delta region over government’s commitment to developing the region and improving the living conditions of the people.

The Acting Managing Director said that Niger Delta had suffered enough and President Buhari recognised this and had taken prompt action to redress the situation and reassure the people on government’s commitment to their welfare. 

Prof. Brambaifa reiterated that President Buhari, had for the first time since the establishment of the NDDC, ensured that the Federal Government started to meet its statutory financial obligations to the Commission in full.

He said that President Buhari also ensured that all other statutory contributors to the funding of NDDC met their obligations, noting that the President also worked to restore peace and security in the region by tackling all grievances of the people.

The new NDDC boss said that the appointment of the management team was another step in the effort to offer hope to the Niger Delta people and restore their confidence and faith that he would take decisive action to rebuild the region.

Prof. Brambaifa pledged to do everything necessary to respect and implement the mandate of the Commission, “which is to facilitate the sustainable development of the Niger Delta, into a region that is socially stable, economically prosperous, politically peaceful and ecologically regenerative.”

He stated that it was necessary to start work immediately, stating: “The task of developing the Niger Delta is too important to be toyed with, and too compelling to waste time on.”

He urged all stakeholders in the Niger Delta to “join hands with members of the new executive management to ensure a smooth transition, as well as contribute to the immediate delivery of Mr. President’s mandate.”

Also addressing staff of the NDDC, Prof Brambaifa urged them to embrace teamwork. He declared: “I will change NDDC and take it to the next level.”

BIG STORY

NCC Unveils Initiative To Combat Fraud, Spam Messaging

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The Nigerian Communications Commission has unveiled a draft regulatory framework aimed at addressing fraud, spam, and other challenges in the “Application-to-Person” messaging sector.

The telecom regulator made this announcement in a statement on Friday.

The proposed framework was introduced during a virtual Stakeholders’ Forum, a key step towards enhancing the sector’s integrity and ensuring a fair, transparent environment for all parties involved.

The draft framework, presented by the acting Head of Legal and Regulatory Services at the NCC, Mrs. Chizua Whyte, on behalf of the Executive Vice Chairman, Dr. Aminu Maida, seeks to regulate the A2P messaging space.

A2P messaging, used for notifications such as bank alerts, promotional campaigns, and government updates, has become a vital communication tool in Nigeria.

However, the sector faces significant challenges, including consumer protection concerns, fraud, and data privacy issues, as well as an unequal distribution of value within the ecosystem.

“The international A2P messaging space in Nigeria faces gaps that have led to issues such as fraud, spam, and data privacy concerns. These challenges threaten the sustainable growth of this communication tool,” the NCC said.

The regulator emphasised its commitment to fostering innovation while ensuring a secure, transparent environment for businesses, consumers, and service providers.

The proposed framework aims to address these challenges by protecting consumers, promoting fair competition, and holding service providers accountable.

“This forum marks a pivotal step towards addressing these challenges,” the NCC said. “We are here to engage with all stakeholders—operators, aggregators, businesses, service providers, and consumers—to refine the framework and ensure it meets the needs of the entire ecosystem.”

The NCC stressed the importance of inclusivity and collaboration in creating an effective regulatory environment.

The commission’s efforts are focused on promoting a sustainable A2P messaging ecosystem that enables business innovation, enhances communication efficiency, and supports Nigeria’s socio-economic growth.

Stakeholders were encouraged to provide feedback and contribute ideas during the forum to help shape the final framework.

The NCC reiterated its commitment to creating a regulatory environment that supports innovation while safeguarding the interests of all stakeholders in the A2P messaging sector.

For further updates, the NCC urged stakeholders to remain engaged throughout the regulatory process, stressing the importance of cooperation in shaping the future of A2P messaging in Nigeria.

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BIG STORY

JUST IN: Oil Marketers Reduce Petrol Price By 11.8% To N939.50 Per Litre

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Oil marketers sourcing “Premium Motor Spirit”, “PMS”, also known as petrol, from the Dangote Petroleum Refinery have reduced the price by 11.8 percent to N939.50 per litre, down from N1,060 per litre.

As of Thursday, December 19, petrol was still being sold at N1,060 per litre in Lagos and surrounding areas.

However, by Friday, MRS, a leading marketer, along with others, had adjusted their prices, now selling at N939.50 per litre.

It’s worth noting that the Dangote Petroleum Refinery had earlier lowered the ex-pump price of petrol to N899.50 per litre, down from N970 per litre.

According to the refinery, this price reduction is intended to offer much-needed relief to Nigerians ahead of the holiday season.

Anthony Chiejina, the Chief Branding and Communications Officer of Dangote Group, made this announcement.

“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on “PMS” (“petrol”). From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM,” Chiejina said.

‘‘Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank.”

 

More to come…

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BIG STORY

EFCC Allocates N18bn For Allowances, N5bn For Travels In Proposed 2025 Budget

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The Economic and Financial Crimes Commission (EFCC) has announced plans to allocate N18 billion for allowances in 2025.

This figure is part of the proposed 2025 budget currently under consideration and awaiting approval by the national assembly.

As per the appropriation bill, the EFCC’s total budget for 2025 stands at approximately N62.2 billion.

This budget includes personnel costs (N38.6 billion), overheads (N20.9 billion), and capital expenditure (N2.2 billion).

Within the allowance budget, N1.7 billion is designated for “non-regular allowances,” while “regular allowances” are set at N16.7 billion.

Other proposed expenditures for the EFCC include welfare packages (N1.4 billion), fuel and lubricants (N2 billion), financial charges (N1.2 billion), construction and provision of office buildings (N1.1 billion), and maintenance services (N2.1 billion).

The EFCC also plans to allocate N4.9 billion for “local travel and transport,” with “international travel and transport” expected to cost N1.7 billion.

The proposed budget includes N800 million for the purchase of fixed assets.

On Wednesday, President Bola Tinubu unveiled the N49.7 trillion 2025 “Budget of Restoration: Securing Peace and Rebuilding Prosperity.”

In his address to the national assembly, Tinubu stated that it was time “we rewrite Nigeria’s narrative together.”

The primary focus of next year’s budget will be the defence, infrastructure, health, and education sectors.

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