Taking a position on the issue after receiving presentations from the Minister of Finance, Budget and National Planning, Zainab Ahmed, and the Central Bank Governor, Godwin Emefiele, the National Economic Council during its fourth 2021 meeting held on Thursday unanimously described the claim as reported in the media as “outrightly false.”
Browsing: Godwin Obaseki
At a recent programme in Benin, Obaseki had raised the alarm that oil revenue was shrinking and this made the government to print about N60 billion to augment allocation shared to states in March this year. He also wondered at the increasing debt burden hanging over the nation.
Describing the governor’s claim as very sad, the minister explained that the money being shared monthly at FAAC is revenue generated.
Why are we in trouble? Obaseki adduced a reason that it is because the country is enmeshed deeply in a financial quagmire. According to him, Nigeria’s oil marketers should not celebrate the increase in the price of crude oil, especially in the international market, for the expected benefits could be illusional. He noted that major oil companies in Nigeria such as Shell and Chevron are no longer investing in oil exploration.
He said Obaseki, in making the unsubstantiated claim, did not exhibit decorum or restraint as expected of a leader in his position, nor was he circumspect enough to consider the implications and possible effects of such assertions.
Emphasising that despite the prices of crude at the international market, the current fortunes of crude is only a mirage and the Nigerian economy could no longer rely on oil revenue
Obaseki said this in his address at Tuesday’s opening ceremony of the festival, tagged: “Edo 2020.”
The Justice Yunusa Musa-led three-member tribunal on Monday dismissed all the petitions brought before it challenging victory of Obaseki and the Peoples Democratic Party.
The Governor made a final financial commitment for the adoption of the UK-based athlete after a meeting with the Minister of Youth and Sports Development, Sunday Dare, in Benin last Friday.
Obaseki made the call on Tuesday shortly after inaugurating the Effurun-Otor-Ovwor-Olomu bridge and the rehabilitated 34km Otu-Jeremi-Okwagbe Road in Ughelli South Local Government Area of Delta State
Obaseki disclosed this on Friday in Benin while addressing journalists on the need for residents not to be scared of the vaccines.
The directive was contained in a memo dated March 2 from the Ministry of Local Government and Community Affairs.
Whereas, it took the report of the Federal Government’s ambitious construction of N34 billion worth of 377 rural roads across 266 communities around agro-corridors countrywide, including some community roads in Edo South and Edo North Senatorial Districts, to jolt Obaseki from his slumber, his further or subsequent actions at trying to draw public attention to a modicum of governance in the state should have been more contemplative and ennobling. It was, therefore, a strategic misstep that Obaseki made with his February 22 outing.
The congratulatory message was contained in a press statement signed by the governor on Monday and released to newsmen in Benin.
Obi disclosed this during a virtual meeting of the state COVID-19 Taskforce chaired by Governor Godwin Obaseki in Benin.
Jakande died on Thursday at the age of 91.
Obaseki disclosed this while addressing members of the Main Organising Committee from the Federal Ministry of Youths and Sports Development and the Local Organising Committee, who paid him a courtesy visit in Benin.
Frankly, it is foreign to my nature to dignify rantings by a tribe of naysayers but I deem this rejoinder absolutely necessary to set the records straight to the reading public who may be taken in by his unfounded allegations and unwarranted attacks on the indefatigable Governor who often works like a Trojan to better the lots of our people.
Governor Godwin Obaseki disclosed this on Friday in Benin while fielding questions from newsmen at a ceremony marking the 2021 Armed Forces Remembrance Day celebration.
The judgment was delivered on Saturday