December 28 2023

N521.5bn Budget: “We’ll borrow zero naira,” Peter Mbah shocks Enugu as he signs 2024 budget into law

Enugu State Governor Peter Mbah has signed the unprecedented N521.5bn 2024 budget into law and vow to prove sceptics wrong by borrowing zero naira

keptics gives reasons Peter Mbah would not realize his goals

• Peter Mbah lists how he would realized over N300bn in Enugu State stagnant economy

Enugu State Governor, Peter Mbah, has signed the unprecedented 2024 budget of N521.5 into law, detailed how he would prove the skeptics wrong.

Read Also: Enugu 8th Assembly explains why it passed Gov. Mbah’s N521.5b 2024 budget without question

Speaking during the signing at the state Government House yesterday, Mbah emphasized to his cabinet the need to tighten their belt as the administration must make good its promise to move Enugu State economy to $30 billion within 8 years.

After that Governor Peter Mbah added the hard-to-believe statement, that he would borrow less than 12 percent of the state’s revenue size to fund the budget while over N300 billion would be mobilized from sources within Enugu.

“We are talking about less than 12 percent of our revenue size that we are going to borrow to execute this budget.

“That is enormous as we are expecting to mobilize over N300bn from our domestic sources, and that has not happened before.

“What this means is that we are all going to work tirelessly to ensure that these revenues are realized. It also means that for us at the Executive Council, our meetings would largely be on our revenue performance,” the governor said.

However, some aspects of the budget seem to make the heart skip, feeding the opposition and skeptics with feelings that Mbah’s audacious goals are unrealizable.

For example, a whooping sum of N400 billion is to be be spent on capital projects alone, amount which is more than 20 times what has ever been spent on such projects in previous administration.

But Peter Mbah, a seasoned entrepreneur and oracle of giant onshore oil company, Pinnacle Oil, called his “Budget of Disruptive Economic Growth” said his administration has already launched critical steps in the areas of e-government and automation of government services to block loopholes and realize his $30 billion goal for the State.

peter mbah

December 27 2023

Breaking: Ondo acting Governor, Lucky Aiyedatiwa, being sworn-in after Akeredolu’s dead

Acting Governor of Ondo State lucky Aiyedatiwa has stepped on the podium to be sworn in hours after Governor Rotimi Akeredolu was confirmed dead

Few hours after Governor Rotimi Akeredolu was confirmed dead, the acting Governor, Lucky Aiyedatiwa, has already stepped forward to podium to be sworn in as the state’s new governor.

Read Also: “My fearless brother,” Tinubu reacts as Akeredolu died of prostrate cancer

For Aiyedatiwa, the road to taking the mantle of the state has been a very long and tough one. His principal, Akeredolu had been incapacitated for one year by prostate cancer.

In the space of one year, the acting governor has suffered excruciating persecution in the hands of Akeredolu’s allies in the administration.

But Lucky Aiyedatiwa is also a tough man. Having survived impeachment attempt, he has successfully gripped Akeredolu’s administration and ruled with iron fists.

Details later…

December 27 2023

“My fearless brother,” Tinubu reacts as Akeredolu died of prostrate cancer

President Bola Tinubu has reacted to passing away of Ondo State Governor Rotimi Akeredolu who died of prostrate Cancer in Germany, described him as a fearless brother

President Bola Tinubu has reacted to the passing away of Governor of Ondo State, Rotimi Akeredolu.

The state Commissioner for Information and Orientation, Mrs Bamidele Ademola-Olateju, confirmed that Akeredolu died hours ago after the news went viral on social media.

Read Also: “SO SAD!” Former Speaker, Ghali Na’Abba, is dead

In a statement he personally signed, President Tinubu described the deceased as a fearless and upright defender of truth.

“Today, I mourn a fighter and fearless defender of truth and the masses…brother, confidant, political soulmate, and the Executive Governor of Ondo State.”

“Rotimi was a man of ideas and action. While he was with us, he taught us the power of action and service.

“In Ondo State, where he had the honour to serve as the governor over the past six years, he served his people with absolute loyalty, dedication, and forthrightness,” Tinubu said.

Akeredolu was Senior Advocate of Nigeria (SAN); was former president of Nigerian Bar Association; former Attorney General of Ondo State; second-term Governor of Ondo State.

“Rotimi has played his role well and left us untimely. We will never see his likes again. Let me tell the people of Ondo State that I am grieving with you. We will honour Rotimi’s memory and make sure his legacy of service is never forgotten,” President Tinubu continued.

The Mail reported that former Speaker of House of Representatives, Ghali Na’Abba, passed away early hour of Wednesday December 27.