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How NDDC can attain sustainable development in the Niger Delta area

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Following incessant social crisis, protests for better life and demand by the people of the region to have a dedicated institution of the Federal Government to answer to their peculiar needs, the Niger Delta Development Commission (NDDC) was created by the Olusegun Obasanjo administration at the wake of the fourth republic in 2000. To emphasise the importance of the commission, it became one of the very first prayers of any people of Nigeria that was answered by the greenhorn civilian and democratic government for which notable Nigerian democrats and patrots have fought tooth and nail to achieve, with many great citizens paying the ultimate price.

The Commission was created with the mission “to offer a lasting solution to the socio-economic difficulties of the Niger Delta Region and to facilitate the rapid and sustainable development of the Niger Delta into a region that is economically prosperous, socially stable, ecologically regenerative and politically peaceful.”

Unfortunately, as at today, after 23 years of its existence, the NDDC cannot boast of any significant milestone achieved. This is shameful.

With yet another appointment of a new board of the NDDC, now is the time of reckoning. Thankfully, the board now appears to have people with measurable levels of technocracy in the helms of affairs.

President Bola Tinubu on Tueaday appointed Mr Chiedu Ebie, a trained and practising Delta State-born lawyer before joining the former Governor Ifeanyi Okowa’s cabinet as Commissioner of Basic and Secondary Education. He later became the Secretary to the State Government. The Nigerian president also appointed Samuel Ogboku, a political scientist and an astute administrator who is known to have a deep understanding of all issues of the Niger Delta region.

The Economy is convinced that there is no better time for the NDDC to start working than now. With captains who are now more technocratic than previous appointees, and with a government that appears more decisive on issues of development, the NDDC should now draw up a well planned strategy. There should be a strategic plan spanning about 20 to 30 years on what the commission need to achieve in the Niger Delta area. This long-term strategy should however be broken into short-term goals that can assessed in order to make the commission to be on its toes. There should be this plan which has to be sustained from one administration of NDDC to another. Each new administration coming after the other must key into the plan and continue the commission’s projects and programmes as left by the previous administration.

The government must monitor the NDDC administrations very closely. It is not enough for relevant national assembly committees to do oversight functions on the NDDC. This cannot be enough to monitor the NDDC. When you have a commission that receives budget and allocation from the Federal Government annually, as significant as the one that the NDDC is getting, there must be a way to determine and ensure that the funds are used for what they meant for.

In 2021, the then Attorney-General of the Federation, Abubakar Malami, disclosed that between 2000 and 2019, the NDDC received N6 trillion. The Managing Director of the Commission in the immediate past administration, Samuel Ogbukwu who appeared before the House of Representatives Committee on NDDC for budget presentation and defence said an aggregate expenditure of N485.7 billion is proposed for the commission in 2021, N928.2 billion in 2022 and N876 billion for 2023. These are huge sums, even though they can’t do much in their individual years when talking about developing the Niger Delta region in real term. However, over the years, a significant achievement should have been done if the funds were properly utilised. Unfortunately, what the commission has to show for all the funding allocations are 13,000 uncompleted and unverified projects in the region.

The NDDC is like a creation of a pot of soup for the boys. Reports coming from the NDDC over the years have been that of shame. They simply connote a “share the money” syndrome. The NDDC must move away from the this.

Also, the people of the area must find a way to monitor the activities of the NDDC. There’s nothing stopping them to create bodies dedicated to monitoring the funding and utilisation of these fundings by the commission in a manner that the NDDC can become more accountable to the people.

Like we noted earlier, the funding available to the NDDC from the Fed Government for each year is small when compared with what the commission should be doing. The mission of the NDDC is “to offer a lasting solution to the socio-economic difficulties of the Niger Delta Region and to facilitate the rapid and sustainable development of the Niger Delta into a region that is economically prosperous, socially stable, ecologically regenerative and politically peaceful.”

To do this, sincerely, a huge, very huge amount of resources is needed. The Niger Delta area is an area that is very difficult to develop. To alleviate economic difficulties in the Niger Delta area and provide sustainable development to make the area economically prosperous, creation of road networks and provision of electricity first come to mind.

If this must done in the Niger Delta, it means creation of bridges to connect, at least major communities in the area, and this can take enormous capital to the extent that what is given to the commission in a year cannot pay for creation of 200km of bridge. For instance, the distance between Warri and Okerenkoko (where the Nigerian Maritime University is located) in Delta State is over 200km. Right now, there’s is no road connecting the two towns. With speed boat, it takes around two hours to travel from Warri to Okerenkoko. Also, Okerenkoko also needs to be linked to major communities in Bayelsa, and in Ondo states for instance.

Think about it: Do we need a Maritime University? Yes. Should this Maritime University be in the Niger Delta area? Why not? Otherwise, how else do we intend to develop the area if not by building infrastructures there? But after building these infrastructure with billions of naira, we need to have roads to access them and for the people of the area to move around for business and social integration.

What we see now is the NDDC doing a few kilometres of roads in towns on the dry land. Nothing significant is done for communities in the creek. No bridges have been built, no efforts made to connect the communities in the creek with electricity. It looks to them as impossible to do these things, but if there is sincerity and commitment, these things can be achieved over some number of years. There’s nothing wrong with coming up with even a 50-year strategic plan to turn this area into a network of maritime business hub that the world could be proud of. This is an area inhabited by fishermen and this region can supply all the aquatic food needed by the country with excess to export.

However, this is not to justify the looting that goes on at NDDC. The Economy believes that with a long-term strategic plan, all fundings received by the commission can be channelled into the plan and then the plan is monitored by the government from time to time and from administration to adminstration. This way, there will be a focus and a goal for the NDDC to achieve within a specified period of time broken into short assessment points.

Again, When there is a strategic road map and plan to achieve certain goals, the states in the Niger Delta area can also be brought in to assist the NDDC. The states can partner NDDC in their various states to drive a development project home.

The NDDC must cease to be a food for the boys commission. We can only hope that the President Bola Tinubu administration can take the bull by the horn and bring in the needed change of modus operandi and stop the thievery at the NDDC.

Credit: The Nigerian Economy

Vandalised Pipelines: Marketers Predict More Fuel Queues

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Petrol queues lingered across Lagos and Ogun states on Wednesday, just as oil marketers predicted tougher days ahead in terms of product availability.

Several motorists were seen on queues at filling stations across the states with some oil sector operators saying the fuel scarcity might not go away any time soon.

In an update on the prevailing situation, the Chairman of Satellite Depot, Independent Petroleum Marketers Association of Nigeria, Lagos, Akin Akinrinade, told The PUNCH that the situation was “worsening”.

He said, “Nobody is saying anything to us yet. And as we speak, we are still not loading products here. In fact, the situation is worsening because the queues have continued. Even some of NNPCL Retail stations don’t also have products for sale. I believe it’s a stock issue, and the NMDPRA should be able to tell us what is really happening but, I know they won’t want to tell the truth.”

On his part, National Controller Operations, IPMAN, Mike Osatuyi, said there was no cause for alarm.

“Yes, there are still queues but NNPCL has assured us that there is no cause for alarm. So, let us rely on their statement for some days before we know what to do,” he said.

President, IPMAN, Elder Chinedu Okonkwo said he was in a meeting with NNPCL Retail.

“I just left NNPC Retail, and they assured us that they have plenty of products. Go to the depots, they are loading,” he said.

However, Okonkwo said, “I don’t know the quantity in stock but all depots are loading.”

A source at the Nigerian Midstream and Downstream Petroleum Regulatory Agency who pleaded to speak on condition of anonymity, said there was more than enough stock in-country.

According to him, a total of 200,000 metric tonnes, equivalent to about 540 million litres of fuel, is currently at various depots in Lagos.

“We are taking concrete steps to close the gaps in product distribution, and I can tell you that there is no significant difference in what was trucked out last week and this week,” he said while declining to state what quantity was distributed last week.

“The depots are not dry. Everywhere is wet. There are two vessels discharging PMS at Apapa jetty, one at Ijegun, one at Coconut, Ibafo, and one at MRS, Tincan. Cumulatively, we are talking about 200, 000 metric tonnes of PMS, equivalent to about 540 million litres in various shore tanks in Lagos. So, we are taking time to close the supply gaps, and I can assure you that the queues would disappear just as they came,” he added.

Fuel Shortage Continues in Kenya with Long Queues at Petrol Stations

Queues at stations were sighted particularly those on the Oshodi/Ibadan Expressway.

Selling its petrol at N568 per litre, North West had the longest queue, with others such as Eterna N568/litre, NNPCL N568/litre, TotalEnergies N570/litre and Mobil N570/litre having shorter queues. The likes of Conoil, Enyo,  Oando at Berger had no products.

While some of TotalEnergies stations were seen dispensing, a branch of the station located on the Berger axis was seen under lock and key. A few others such as Worldoil, Fatgbems, Quest in Ogun State shut their outlets.

Akinrinade had on Tuesday said the depots had not loaded products in the last three weeks.

FG To Begin Rehabilitation, Modernisation Of Ports

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The Nigerian Minister of Marine and Blue Economy, Adegboyega Oyetola CON, has said that the rehabilitation and modernisation of the nation’s ports would commence soon.

He made this known on Wednesday shortly after concluding his interaction with the various heads of agencies and departments under his ministry.

The minister, who was inaugurated last Monday, began receiving briefings from the heads of agencies and departments under his ministry almost immediately.

Adegboyega Oyetola Redeployed As Minister Of Marine & Blue Economy

So far, he has interacted with all the departmental heads and followed up with the heads of agencies, beginning with the Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA), National Inland Waterways Authority (NIWA) and Nigeria Shippers’ Council.

He rounded off the briefings on Wednesday with the Maritime Academy of Nigeria, Oron and the Council for Regulation of Freight Forwarding in Nigeria (CRFFN).

Oyetola promised to look into some of the issues impeding their smooth operations with relevant agencies of the government, just as he reiterated the need for effective collaboration among agencies within the Marine and Blue Economy Ministry to realise the vision of President Bola Ahmed Tinubu’s administration for the sector.

He also noted that dredging of the nation’s ports will continue to make them remain navigable, enhance their operations, and ensure improved revenue generation for the Federal Government.

“The briefings have been educative and enlightening. It gave me the opportunity to listen to the challenges of the departments and agencies under our Ministry, and I have resolved, to work with my team to ensure we hit the ground running immediately. We remain committed to the realisation of the Renewed Hope Agenda of Mr. President,” the minister added.

Coup: Gabon Dollar-Denominated Bonds Suffer Highest Drop

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Gabon’s military coup sparked the steepest daily drop in its dollar bonds since the height of the COVID-19 pandemic on Wednesday, just weeks after the country carried out continental Africa’s first debt for nature swap.

The 2025 maturity fell the most, by as much as 14 cents, before recovering to trade down 9.5 cents on the dollar at 83.41 cents at 13:02 GMT.

Gabon Crises: Soldiers stage coup, declare election ‘fraud’

The Head Of Macro Strategy at FIM Partners, Charlie Robertson, said, “That was still the biggest fall since the COVID-19 market rout of March 2020. Its two 2031 maturities were both down around seven cents.

“The immediate risk to bondholders is that sanctions are imposed that complicate things, potentially making payments to and from the country difficult.”

The coup, which if successful, would be the eighth in West and Central Africa since 2020, could exacerbate already poor access to finance for countries on the continent.

Amid rising interest rates and high debt, no African country had issued a new Eurobond in more than a year.

“The military takeover will force investors to reassess their interest in Gabon and the wider political landscape in the region,” Senior Africa analyst at risk intelligence company, Verisk Maplecroft, Maja Bovcon, said.

Tellimer, a research firm, also warned that multilateral and bilateral lenders could change or suspend concessional lending in response to the coup.

Meanwhile, shares in Gabon-exposed oil producers TotalEnergies Gabon and Maurel et Prom fell over 20 per cent at one point.

Gabon completed a $436m ‘debt for nature’ swap earlier in August where it exchanged parts of the 2025 and 2031 Eurobonds for a ‘blue bond’ maturing in 2038. That bond fell 1.91 cents on the dollar to 98.34 cents.

The blue bond, which was meant to generate savings for marine conservation, had political risk insurance from the U.S Development Finance Corporation.

The insurance could cover a full repayment in the event of default, subject to an arbitration, but the precise terms of the insurance were not made public at the time of the deal.

Post Maui Fire: Biden Administration Pledges $95 Million For Hawaii’s Electric Grid

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The Biden administration will provide $95 million through the Bipartisan Infrastructure Law to improve Hawaii’s electric grid, the White House said on Wednesday.

The island of Maui was devastated earlier this month after the deadliest U.S. wildfire in more than a century swept through the resort town of Lahaina, leaving 115 people dead and 338 missing.

Hawaii’s electric utility acknowledged its power lines started a wildfire on Maui but faulted county firefighters for declaring the blaze contained and leaving the scene, only to have a second wildfire break out nearby and become the deadliest in the U.S. in more than a century.

Minister Of Works Inspects Federal Projects In Lagos

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Nigeria’s Minister of Works, Dave Umahi, visited Lagos State, Nigeria’s South-west on Tuesday for his first major inspection tour of federal projects in the state.

The site visitation started at outer Marina Road in Victoria Island, a project constructed under the SUKUK financing option by the Federal Government.

He then moved to the newly rehabilitated Eko Bridge, where he was briefed by officials of the ministries and contractors handling the project.

As of press time, the minister is also expected to inspect the Lagos-Ibadan Expressway, the reconstructed Apapa Oshodi Expressway, the Deep Sea Ports, and other Federal Government projects on the Lagos and Ogun corridor.

According to the scorecard released by the Ministry of Works and Housing towards the end of the previous administration, a total of 8,352.94 km of roads were constructed or rehabilitated between 2016 and 2022.

Lagos Blue Line Rail Transport To Commence Full Commercial Operations Sept. 4

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Lagos Blue Line Rail transport will commence full commercial operations from Monday September 4th, 2023.

This is coming from the Chief Press Secretary to the Governor of Lagos State, Mr. Gboyega Akosile.

It will move passengers on return journey from Mile 2 to Marina.

Lagos Rail Mass Transit is a rapid transit system in Lagos State.

The rail system is managed by the Lagos Metropolitan Area Transport Authority (LAMATA).

The railway equipment including electric power, signals, rolling stock, and fare collection equipment will be provided by the private sector under a concession contract.

LAMATA is responsible for policy direction, regulation, and infrastructure for the network.

The first section of the network, Phase I of the Blue Line, was originally planned to be completed in 2011, though the construction has suffered many delays caused by shortage of funds and change of government.

In February 2021, the Lagos State Government announced that the Blue and Red Lines would be open by December 2022 but Blue Line is now planned to open in September 4, 2023.

Exploring Wallblake House On Island Of Anguilla

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Wallblake House is a heritage plantation house which serves also as a museum annex, located on the British overseas territory island of Anguilla.

As one of the oldest buildings on the island, it has been built in 1787 by Will Blake who was a sugar planter.

It is clear that the house has been built then because of a brick placed in the northern side of the old kitchen and bakery on which the date was carved and it is still faintly visible.

Probably in 1790s, the French have destroyed the house, however the British have rebuilt it and today has been fully restored with its kitchen complex, stables and slave quarters.

The roof of the house if formed with Guyanese hardwood, which is shingled with wooden upper section.

The house has been completely refurbished in 2004 with an official cost of around $92,000, which made it one of the ten places to be seen and popular on the island.

Even though it is a private house, serving as a living quarters for the priest from Saint Gerard’s Roman Catholic Church, people can go in and see the premises, and from time to time serves as a museum annex and venue for art shows, flower shops and marriage receptions.

Hurricane Idalia: U.S. Airlines Cancel Over 1,000 Flights

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FILE PHOTO: A board displays the status of flights to and from Logan International Airport, amid cancellations and disruptions due to adverse weather and the surge in coronavirus cases caused by the Omicron variant, in Boston, Massachusetts, U.S., January 3, 2022. REUTERS/Brian Snyder

Airlines in the United States canceled more than 1,000 flights on Wednesday as Hurricane Idalia slammed into the Big Bend region of Florida, but the storm’s power ebbed as it headed toward Georgia.

Southwest Airlines (LUV.N) canceled more than 220 flights, while Delta Air Lines (DAL.N) canceled 157 flights, as of 12 p.m. ET, according to flight-tracking website Flightaware.com.

Airports at Tampa, Clearwater and Tallahassee shut down operations and were monitoring the status of the storm.

Drawing strength from the Gulf of Mexico’s warm waters, Idalia unleashed destructive winds and torrential downpours that were forecast to cause coastal flooding up to 16 feet (5 m) deep along the state’s Gulf Coast.

Idalia grew from a tropical storm into a hurricane early on Tuesday, a day after passing west of Cuba, where it damaged homes, knocked out power, flooded villages and prompted mass evacuations.

“With Tampa Airport closing at midnight Tuesday, we canceled everything there through at least afternoon today and we’re awaiting a decision from the airport as to when it will re-open to commercial service,” Southwest Airlines said on Wednesday.

The airline also ceased operations for the day at Jacksonville International Airport.

American Airlines (AAL.O) said it had suspended operations at multiple airports in Florida including Tampa, Sarasota and Tallahassee, and canceled 167 flights as of Wednesday morning.

Hurricane Idalia Slams Into Florida, Threatening Storm Surge

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TARPON SPRINGS, FLORIDA - AUGUST 30: In an aerial view, a fire is seen as flood waters inundate the downtown area after Hurricane Idalia passed offshore on August 30, 2023 in Tarpon Springs, Florida. Hurricane Idalia is hitting the Big Bend area of Florida. (Photo by Joe Raedle/Getty Images)

Hurricane Idalia on Wednesday slammed into the Big Bend region of Florida, where millions of residents had evacuated or hunkered down in anticipation of a dangerous surge of tidal water, but the storm’s power ebbed as it headed toward Georgia.

Drawing strength from the Gulf of Mexico’s warm waters, Idalia unleashed destructive winds and torrential downpours that were forecast to cause coastal flooding up to 16 feet (5 m) deep along the state’s Gulf Coast.

Idalia came ashore at 7:45 a.m. EDT (1145 GMT) at Keaton Beach, a town of 13,000 people in Taylor County, in the center of the Big Bend region, where the state’s northern panhandle curves into the Florida Peninsula.

“It’s just ripping through Taylor County now. Hope all is safe,” County Commissioner Jamie English said by telephone. “Winds gusting. Terrible power outages all over. Debris flying everywhere.”

The storm’s most dangerous feature would be a powerful surge of wind-driven surf that is expected to flood low-lying areas along the coast, officials said.

Surge warnings were posted for hundreds of miles of shoreline, from Sarasota to the western end of Apalachicola Bay. In some areas, the surge could rise as high as 16 feet, the National Hurricane Center (NHC) said.

“If you end up with a storm surge that even approaches 16 feet, the chances of surviving that are not great,” Florida Governor Ron DeSantis said. “You would need to be in a three-story building because it is going to rise very, very high.”

There were few early reports of flooding available. By midmorning, a National Oceanic and Atmospheric Administration monitoring station in Steinhatchee, 20 miles (32 km) south of Keaton, showed waters reaching 8 feet, well above the 6-foot flood stage. Stations in the more densely populated Tampa area showed water levels at a “minor flooding” stage at 10 a.m.