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NNPC revenue shortfall of N1.29 trillion in nine months

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The Nigerian National Petroleum Corporation (NNPC) had a revenue deficit of N1.29 trillion between January and September of this year, according to the most recent data from the national oil company.

Despite its projected gross annual revenue of N4.979 trillion for the current fiscal year, based on a monthly expected income of N414 billion, the corporation only made N2.44 trillion during the period, according to the corporation.

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Despite forecasting a gross income of N3.734 trillion for the first nine months, the NNPC failed to meet the target in any of the months under review. However, it had its best month so far this year in September, when it earned more than N400 billion.
In January, the corporation fell far short of its target, earning only N195.62 billion out of a projected N414.9 billion for the month, and in February, it fell even further to N191.19 billion.

Similarly, in March, the NNPC earned N224.58 billion; in April, it earned N156.36 billion; in May, revenue totaled N320.3 billion; and in June, the NNPC earned N295.39 billion.

In addition, the NNPC more than halved its total projected income in July, earning N270.4 billion; did exceptionally well in August, earning N389.1 billion; and had its best month yet in September, earning N400.446 billion.
The increase in the NNPC’s gross revenue in the last two months of August and September could be attributed to rising crude oil prices, which have risen to a year high of $86 per barrel, up more than 60% since January when it began to rise.

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This, however, has not translated into significantly more revenue for the federation because a large portion of it goes to petrol subsidy payments, despite the start of the implementation of the Petroleum Industry Act (PIA), which should normally ensure a free market regime.

In the same vein, the document revealed that the NNPC had recorded a negative variance of N724.2 billion as of September from its cost recovery/cash call projection tagged T1/T2 for the year amounting to N2.72 trillion and an estimate of N1.55 trillion for the first nine months.

The corporation forecasted N172.66 billion in monthly expenses for the purpose in 2021 in its income and expenses statement, but was only able to meet its obligation to the tune of N82.2 billion in January, N79.5 billion in February, N87.5 billion in March, N75.8 billion in April, and N124.33 billion in May.
The NNPC was able to pay N56.6 billion, N70.4 billion, and N104.5 billion in June, July, and August, respectively, and fulfilled its obligation to the tune of N147.501 billion in September, but was still left with a huge deficit of N724.2 billion for the period under consideration.

As previously reported, fuel subsidies consumed N864 billion over the nine months, while pipeline security consumed N34.8 billion, exceeding its projected N34.8 billion for the entire year by N12.59 billion as of the ninth month of the year.
According to the data, only the subsidy payment and pipeline security and maintenance obligations are fully paid for among all of the company’s obligations.

Read Also:  Benue is Nigeria’s worst governed state, a true picture of Afghanistan – Agbese

The national oil company, renamed NNPC Limited, has faced numerous challenges over the years, rendering it unable to compete with peers in other parts of the world.
Some of the most serious issues are oil theft, state-backed petrol subsidy payments, and aging infrastructure across the entire industry, particularly in the upstream, which has hampered the industry’s ability to meet its OPEC-allocated production quota for many months.

In October, the group’s Group Managing Director, Mallam Mele Kyari, raised the alarm that a few Nigerians, whom he described as the elite, steal up to 42.25 million barrels of crude oil per year.

Speaking recently at a forum organized by the Nigerian Guild of Editors (NGE) in Abuja, he blamed the elite, including politicians, for the nation’s continuous fuel importation and the poor state of the nation’s refineries, but said the corporation was improving since President Muhammadu Buhari decided not to interfere in its operations.

“As we all know, Nigeria is currently suffering from an energy deficit. All of our petroleum products are imported. Every attempt to save our refineries in recent years has resulted in one setback or another.

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“While oil prices are rising and should have resulted in a bountiful harvest for Nigeria’s ailing and hydrocarbon-dependent economy, importation of the finished product erodes necessary gains through the use of foreign exchange earnings and payment of subsidies, which have risen to more than N1 trillion in less than eight months since the scheme was introduced through the back door.”

“Who is stealing crude oil?” It is not a common man in the village. It is the ruling class, and we must all work together to combat them. “When we fight them, it is for the sake of all of us,” he explained.
According to a recent review, the national oil company has lost over 42 million barrels due to underproduction in all of its assets in the Niger Delta that it operates alongside its Joint Venture (JV) partners in the last year.

Benue is Nigeria’s worst governed state, a true picture of Afghanistan – Agbese

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I was not surprised that Nathaniel Ikyur, the newly appointed Chief Press Secretary to Gov. Samuel Ortom Adorogo, was quick to respond to my anger that Ortom’s poor leadership has turned Benue into an Afghan-like society.

I am bemused at the contents of Ikyur’s response. Maybe because he was in a mad haste to reply my trenchant criticisms of how badly Ortom has led Benue for the past six and half years, Ikyur had the audacity a well-honed liar used to deceiving the public, to deny the obvious.

Ikyur had the arrogance of a man cocooned in odious lies to claim that Ortom pays salaries promptly. As I shall show in this rejoinder, Ikyur lied several times in his response. I shall also demonstrate that to liken Benue to Afghanistan is to understate the enormity of the weight of suffering, pains and poverty which the utterly wicked administration of Samuel Ortom has imposed on Benue.

Afghans could legitimately be offended that I equated their country with the worst state in the Nigerian federation. As unacceptable as the insular and human rights-violating Taliban regime in Afghanistan is, I was generous enough not to have argued that Ortom’s Benue is worse than Afghanistan in many respects.

First, Ortom himself has claimed that there are 1.59 million Internally Displaced Persons in Benue. By all accounts, this figure is highly suspect. It is most probably a figure conjured from a magician’s hat of tricks, but for the sake of an argument, let me give it to Ortom. Let’s admit without conceding that Benue has 1.59 million IDPs. Benue’s war which has been intensified since Ortom unfortunately became the governor of the state, began during the era of his predecessor, Gabriel Suswam. Even, by January 2018, after Ortom had been in office for almost three years, the Benue State Emergency Management Agency (SEMA) enumerated only 80,000 IDPs.

Now, even with the de-escalation of the conflicts that have resulted in creating IDPs, Benue’s IDP figure has jumped twenty times the 2018 population. That is, 80,000 versus 1,590,000 people. That means that a staggering 38 percent of Benue’s population are displaced persons. There is no comparable figure anywhere else in the entire global system. Even at the height of Nigeria’s Civil War, no such outlandish number of people were uprooted from their homes.

Benue’s IDP population figure is like salary figures under Ortom. Workers die, resign, or retire and they are not replaced with new employees. Yet, salaries keep ballooning. What is worse, the Ortom administration is petrified of revealing the actual salaries paid every month. I call that Ortom’s magical abracadabra mathematics. You reduce the crisis that creates IDPs and yet the number of IDPs magically increases.

The only reason why 38 percent of Benue’s population consists of IDPs is that it is in someone’s political and other interests to have explosive figures for IDPs. The Talibans are human rights violators, but they do not give outlandish figures for their IDPs. They have a higher degree of morality than to engage in making unsubstantiated claims about displaced Afghans.

By contrast with Benue, Afghanistan has been at war since the Soviet invasion of December 1979. So, Afghanistan has been at war, a war that has resulted in Afghan refugees fleeing to neighboring states and those unable to get out of the country fleeing to other parts of Afghanistan. The total number of IDPs in Afghanistan is 570,482. The total population of Afghanistan is 38.93 million people. Proportionally, while 38 percent of Benue’s population is made of IDPs, only 1.5 percent of Afghans, despite their 32 year-war are IDPs. Even if we add the 2.2 million Afghan refugees to the 570, 482 IDPs as the total number of those uprooted by the war, only 7 percent of Afghans have been forced out of their homes and villages.

The corresponding figure for Benue under Ortom is 38 percent and yet, Ikyur was miffed that I likened the dire conditions in Benue to Afghanistan? Afghans, not Ikyur or Ortom, ought to be the ones taking umbrage at me for comparing their country to Nigeria’s worst-governed state, Ortom’s Benue.

But it does not stop there. Look at the pictures below. Take a close look at a highway in Afghanistan and compare it with picture showing a road in Ortom’s Benue. If Benue’s citizens were to ply Afghan roads, they would think they had died and gone to heaven. It should be noted that much of Afghanistan is in a very difficult and mountainous terrain. Yet, its roads are passable. Benue’s roads on the other hand, are impassable, even for Ortom whose motorcade got stuck in a mud during the last rainy season.

Like the Talibans, Ortom has led a consistent and relentless attack on education. While the Talibans make no secret of their opposition to girls receiving education, Ortom does not discriminate against school attendance by gender. He just creates impossible conditions for anyone, boy or girl, to receive a decent education. Compare the picture of the Afghan classroom with the crumbling infrastructure of a primary school in Ortom’s Benue. In the Twenty-first Century, some Benue students sit on the bare floor in their dilapidated classrooms. Many of the schools have no windows or doors and when it rains, teachers and pupils are drenched from leaking roofs.

The Talibans pay their teachers, very handsomely, by Benue’s miserly standards. The lowest teacher salary in Afghanistan is $324 or approximately 186,300 Naira per month. The highest paid teachers in Afghanistan receive $995 each. Changed to Naira at the current exchange rate, that’s 572,125 Naira a month. I bet many Benue teachers would swoon and fall to the floor if they were to receive such a huge salary. No Afghan teacher, despite receiving huge salaries by Benue’s standards under Ortom, is owed any salary arrears. Yet, Ikyur, ensconced under a canopy of wickedness and odoriferous lies, was angry that Agbese likened Benue to Afghanistan? The Talibans, their antediluvian perspectives on education notwithstanding, would be aghast at the horrible conditions under which Benue’s children try to learn.

Ikyur’s greatest lie in his lie-saturated rejoinder is this strange line: “Even at that, the Ortom administration is prompt in payment of workers salaries while also working tirelessly to find ways to clear the salary arrears and end the pension crises…” Ortom is prompt in paying salaries and but today is November 8. Where are June, July, August, September and October salaries in Ortom’s salary terrorism. Ortom is yet to pay Benue civil servants and most teachers their September salaries. October salaries are now overdue, but Ortom would prefer to mock Benue teachers by dancing and sadistically laughing at the hunger and poverty ravaging workers and retirees in Benue. Workers in Benue have gone without salaries for more than ten months and in Ikyur’s peculiar counting, that counts as prompt?

I have read references to Ikyur as a pastor. I hope that’s his Nollywood appellation. No pastor who preaches the gospel of Jesus Christ would be so cavalier with respect to the welfare of workers. If Ikyur is a real pastor and not a Nollywood actor playing a pastor, he would be familiar with biblical passages admonishing governments in particular to pay their workers their wages. As detestable as the Talibans of Afghanistan are, they pay their teachers and civil servants. We guess even the demons of Afghanistan can teach Ortom a few lessons on human decency.

No Nigerian should have the misfortune of being considered notches below the Talibans in human decency and respect for the human rights of others. Ortom’s nonchalant attitude to the well-being of the Benue people makes Ortom worse than the mullahs and religious terrorists of Afghanistan.

I shall return again to address any other issues raised by the Ortom’s administration in my classification of Benue under him as the Afghanistan of Nigeria.

Bye for now.

Chief Philip Agbese, LLB(Middlesex University London ), MBA ( University of Chichester UK), LLM ( Middlesex University London ) is an aspirant for the House of Representatives, Ado/Okpokwu/Ogbadibo Federal Constituency on the platform of the All Progressives Congress ( APC).

COVID-19: Nigeria records one death and 86 new infections on Sunday

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On Sunday, the Nigeria Centre for Disease Control (NCDC) reported one death and 86 new infections from seven states.

On Monday morning, the NCDC announced this in its daily COVID-19 report.

According to the News Agency of Nigeria (NAN), the 86 additional cases reported on Friday represented a decrease from the 116 cases reported the previous day in the country.

According to the Nigerian Public Health Institute, the death toll has risen to 2,906, with a total of 212,713 infections confirmed across the country.

According to the report, 204,379 COVID-19 patients in the country have recovered and been discharged.

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According to the report, the 86 new cases were reported from seven states: Kaduna (41), Lagos (24), Osun (10), Bauchi (6), Ekiti (2), Ondo (2), and Edo (2). (1).

According to the NCDC, there are currently 5,428 active coronavirus cases in the country, with a total of 3,340,313 blood samples tested since the pandemic began.

It went on to say that a multi-sectoral national Emergency Operations Centre (EOC) activated at Level 2 has continued to coordinate the national response efforts.

Katsina urges to hoteliers to assist fight against banditry

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The Katsina State Government has urged hotel owners associations and other licensed operators to join the state government’s ongoing fight against banditry, kidnapping, and other forms of criminality.

Mukhtar Gidado Abdulkadir, the State Commissioner for Commerce and Industry, who gave the advice while receiving the executive members of the hotel owners’ association in his office, acknowledged the important security role they played, particularly in assisting security operatives in locating criminal elements who usually hide in certain places before carrying out their evil acts.

Abdukadir also urged them to be vigilant and security conscious at all times, alerting security personnel to any suspicious people or movements so that appropriate measures could be taken.

“Government would partner with your association to increase internally generated revenue,” he said.

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The group’s Chairman, Abubakar Mohammed Ujudud, told the Commissioner that they were at the ministry for familiarization and to inaugurate their new officers, who are expected to oversee the group’s affairs.

“The group, with over 30 members, has invested over N10 billion in the state’s economy and will always come closer to matters that concern the government,” he said.

Men’s Premier Basketball League being held in Abuja

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The Federal Ministry of Youth and Sports Development has finalized plans to host the Men’s Premier Basketball League final 8 from November 11 to 18, 2021, at the Moshood Abiola National Stadium’s Indoor Sports Hall in Abuja.
According to a press statement signed by Muhammed Manga, the Ministry of Youth and Sports Development’s director of press and public relations, the National Premier Basketball Men’s League play-offs held at both the Atlantic and Savannah Conferences in Akure, Ondo State, and the Federal Capital Territory, Abuja, produced the final top eight teams that will compete in the Men’s Premier League final.

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River Hoopers, Kwara Falcons, Lagos Islanders, Police Batons, Kano Pillars, Gombe Bulls, Nigeria Customs, and Benue Braves are among the teams.

Teams are scheduled to arrive in Abuja on November 11 and leave on November 18, 2021.

The winner of the Premier League’s top eight teams will represent Nigeria in the Basketball African League, which will take place later this year.

Anambra: Election observers hail INEC, NYSC for professional conduct of poll

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The Centre for Africa Advancement and Democracy (CAAD) has expressed satisfaction with the combined efforts of the Independent National Electoral Commission (INEC) and National Youth Service Corps (NYSC) during the Anambra governorship election.

The centre made this known in a preliminary report released on Monday, compiled by its observers at different stations across the state.

Recall that INEC on Sunday night declared the poll as inconclusive, scheduling a supplementary election in 362 polling units in Ihiala Local Government Area on November 9.

However, the Nigeria Civil Society Situation Room declared the exercise as “generally peaceful” unlike previous elections.

No fewer than 5,000 NYSC members were deployed to the state for the election.

And according to Director-General, Brig-Gen Shuaibu Ibrahim, these young Nigerians are the real heroes who have written their names in the annal of history.

In the report signed by its Executive Director, Dr. George Lumumba, while admitting the late arrival of election materials in some parts, the centre said INEC officials performed credibly well in ensuring the credulity of the polls.

The centre said it is particularly impressed with the NYSC members deployed across the state, noting that the visit of the NYSC DG proved to be a morale booster.

According to the centre, the NYSC has again demonstrated to be an integral part of our democracy with its critical role in Anambra.

The Centre for Africa Advancement and Democracy congratulated the NYSC DG for his exemplary conduct, manifest in his presence.

While also hailing the security agencies, the group recommended the NYSC approach in conducting future elections in Nigeria that saw the presence of its DG on the ground in Anambra state.

Read full report below:

Executive Summary

The Gubernatorial election in Anambra state was conducted on 6 November 2021 and had political parties fielding candidates for the polls. There were widespread concerns across the country over the conduct of the elections due to insecurity and other factors that might impede the credibility of the electoral process.

The Independent National Electoral Commission (INEC) expressed its readiness to conduct the elections. The security agencies also affirmed their readiness to ensure the safety of lives and properties. Various stakeholders urged voters to come out in numbers to vote for their preferred candidates.

The Centre for Africa Advancement and Democracy consequently deployed a special election observer team to Anambra State to monitor the elections pursuant to its core mandates.

The Issues

The Anambra Gubernatorial elections were indeed a litmus test for the advancement of democracy in Nigeria. Consequently, issues were surrounding the credibility of the elections. The elections were essentially between three strong contenders from the All Progressives Grand Alliance (APGA), the All Progressive Congress (APC) and the People’s Democratic Party (PDP), as well as other political parties that fielded candidates for the elections.

One of the main issues in focus in the buildup to the elections was the sit at home order issued by the Indigenous People of Biafra (IPOB). This order was later cancelled, yet, some stakeholders expressed concerns with voters apathy during the elections, and efforts were made to sensitize the populace to come out and exercise their electoral franchise.

There were also concerns about violence during the elections due to the prevalence of security threats in southeast Nigeria in recent times.

The Role of INEC

The Independent National Electoral Commission deployed elections materials to all local government areas in good time, but for a few places that experienced late arrival of electoral materials.

In our assessment of the elections, INEC performed creditably well in ensuring the credulity of the polls. Aside from the fact that accusations were levelled against INEC by some political parties, stating that INEC was systematically working for the electoral success of a particular political party. Our team of observers deployed across the various local government areas and the INEC office in Anambra state could not verify this allegation.

We observed the presence of political party agents at various polling units, observing the electoral process. In some areas, there was palpable tension. However, it didn’t escalate into violence due to security operatives handling strategic places around the ballot box area designated for voting.

The Role of Security Agencies

A combined team of security operatives from the various security agencies guaranteed the safety of lives and properties during the electoral process. The security agencies were able to neutralize attempts to disrupt voting in some wards. It suffices to add that there was an active collaboration between INEC officials and the security operatives at election venues.

The Role of Critical Partners such as NYSC

The NYSC played a critical role in the overall success of the elections. We observed the presence of the Director-General of the NYSC in Anambra state, with other top management staff. The essence of his presence was linked with the fact that Corp members were deployed at all polling centres across the state, conducting elections.

This has been the trend over the years and in previous elections. It was expected that corp members deployed stayed aloof of political considerations during the elections. In some of the polling centres where the NYSC DG visited, he applauded the conduct of Corp members. He reminded them of their critical role in ensuring the credibility of the process.

Corp members were excited to see the DG at their polling units and without notice. It served as a morale booster for the corp members who expressed delight at such a visit by the DG.

The Role of Political Parties

The various political parties were at loggerheads before and after the elections. The candidates of the three major political parties expressed their acceptability to the electorates and urged voters to vote their conscience. This fact played a critical role in voters turnout. This is aside from the fact that a candidate of one of the three major political parties alleged INEC was working to succeed a particular political party, which somewhat caused some unrest in some select areas.

This almost pitched party agents against one another, but for the intervention of stakeholders that cautioned candidates not to incite violence in the state.

Conclusion

The Centre for Africa Advancement and Democracy concludes in this preliminary report that the Anambra Gubernatorial election was credible in all facets. The conduct of INEC officials was satisfactory. The security agencies were also exemplary in the discharge of their duties.

Recommendation

The Centre for Africa Advancement and Democracy recommends the NYSC approach in conducting future elections in Nigeria that saw the presence of the NYSC DG on the ground in Anambra state.

It is our considered opinion that such action goes a long way, and we reckoned with the NYSC as an institution for the critical role it played in the success of the Anambra gubernatorial election. The NYSC has once again demonstrated to be an integral part of our democracy.

The Centre for Africa Advancement and Democracy commends the conduct of corp members during and after the elections in Anambra state. We also congratulate the DG of the NYSC for his exemplary conduct, manifest in his presence in Anambra state, as it went a long way in boosting the morale of Corp members deployed during the elections.

Ndume: Buhari should sign the Unexplained Wealth Order because civil servants are marrying multiple wives

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President Mohammadu Buhari has been urged to sign or issue an Unexplained Wealth Order to strengthen the anti-corruption fight, according to Li Ndume, who claims that corrupt politicians and civil servants are known for marrying multiple wives and buying expensive cars.

Mr Ndume made the statement on Saturday in Ibadan, while speaking at the University of Ibadan’s 2021 Distinguish Leadership Lecture Series.

The lecture, titled “The Unexplained Wealth and the Fight Against Corruption in Nigeria,” took place in the university’s Trenchard Hall.

The senator also urged President Buhari to persuade the National Assembly to pass the Proceeds of Crime Bill in a timely manner, “regardless of partisan bickering over the management of the proceeds recovered.”

“Our crusade against this monster (corruption) should begin with politicians, top government officials, civil servants, and local government employees,” he said. “It is not difficult for the perpetrators to identify these officers’ tendencies, such as acquiring landed properties both inside and outside the country, having large bank deposits, buying expensive cars, or marrying so many wives.”

Mr Ndume went on to say that Mr Buhari’s administration must go even further to protect whistleblowers, calling for a review of the whistleblower policy that emphasizes patriotism rather than monetary rewards.

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Whistleblowers, he says, must be active at all levels, including local levels, and they must not be scared, but must be protected by law at all costs.

He urged anti-corruption agencies such as the Independent Corrupt Practices and Other Related Offences Commission and the Economic and Financial Crimes Commission to treat whistleblowers with respect.

Whistleblowers who spread false information, on the other hand, should be prosecuted, according to the lawmaker.

He also stated that the Code of Conduct Bureau must request that all public officials declare their assets and have their claims verified on a regular basis.

The lawmaker also tasked the National Orientation Agency (NOA) and other relevant agencies with ramping up anti-corruption awareness.

Residents storm Soludo’s home after he wins 18 LGAs in Anambra

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On Sunday night, supporters and well-wishers of All Progressives Grand Alliance (APGA) candidate Prof.Chukwuma Soludo gathered at his home in Isuofia, Aguata Local Government Area, rejoicing as they awaited the election result.

According to reports, the Independent National Electoral Commission (INEC) declared Soludo the winner in 18 of the state’s 20 Local Government Areas.

He was elected to the local government areas of Dunukofia, Awka South, Oyi, Anaocha, Ayamelum, Anambra East, Idemili South, Onitsha South, Njikoka, Orumba South, Onitsha North, Idemili North, Ekwusigo, Aguata, Orumba North, and Nnewi South.

Mr. Valentine Ozigbo came in second with 51, 322 votes, followed by Soludo who received 103, 946 votes.

Sen. Andy Uba of the All Progressives Congress (APC), who came in third, received 42,942 votes.

Hundreds of political associates, youths, and women flocked to Soludo’s residence in Isuofia as they awaited the results, according to the Nigerian News Agency (NAN).

Some residents told NAN that they thought the PDP candidate would win at the end of the election process.

Mrs Chioma Ocha expressed her delight at the prospect of a governor from her community.

“We’ve come to show our support for our brother and son as we wait for INEC to release the final results.”

“However, I’m especially pleased that my hometown of Isuofia will produce the next governor of Anambra. “That is a huge accomplishment,” she said.

Mr Chinedu Ogubuiro, who also spoke, said he came to celebrate with Soludo ahead of INEC’s announcement.

He said, “I am one of Soludo’s kinsmen, and I want to be there to celebrate with him when INEC announces the election results.”

Soludo, who sang along with the crowd, urged them to be patient as INEC works to announce the election results.

Meanwhile, INEC has halted the collation of results while the election in Ihiala Local Government Area is held.

Prof. Florence Obi, the INEC Returning Officer for the Anambra Governorship election, explained that the election was suspended because it could not be held in the LGA due to security concerns.

Ebonyi government has warned private schools that failing to pay IGR on time will result in sanctions

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Private schools in Ebonyi State have been ordered to update their Internally Generated Revenue documents immediately or face sanctions, according to the state government.

Obianuju Aloh, Senior Special Assistant to the Governor on Education, delivered the charge at Abakaliki’s Old Cabinet Office.

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She claims that the state government, led by Governor David Umahi, has improved the lives of Ebonyi citizens, and that private schools should pay state taxes in exchange.

To improve the quality of education in private schools, the minister recommended that schools use government-approved textbooks and hire skilled and educated instructors.

The Annual Renewal/Operational Fee, Waste Management Fee, Fire Service Fee, and Development Levy are among the fees and levies that have been accepted as IGR from private schools, according to Chairman of the Internal Revenue Service Agwu Nweze.

The chairman, Celestine Okoro, said the fees and levies were outlined in the Ebonyi State Revenue Law 2021 and that private schools should pay them on time.

Kingsley Igboke, State Chairman of the National Association of Proprietors of Private Schools (NAPPS), said the meeting allowed the group to share ideas on private school development with the government.

Mr Igboke told the administration that the organization would assist in improving education for the state’s overall prosperity, and that private institutions would gladly pay the IGR owed to the government.

He went on to say that members of the association would continue to retrain instructors, improve infrastructure, use government-approved textbooks, and keep the learning environment clean.

The government of Ogun has promised to attract more investment, according to IGR

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Through the implementation of sustainable policies and infrastructural development, the Ogun State Government has pledged to attract more local and foreign investments into the state in order to boost its Internally Generated Revenue (lGR).

Mr Kunle Somorin, the State Governor’s Chief Press Secretary, said in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja that the state government, led by Governor Dapo Abiodun, is committed to boosting the state’s industrial development and revenue.
“The mantra of collectivism is embedded in the determination to ensure the state’s industrial development, which is driven by public-private partnership initiatives.”
This has contributed significantly to the state’s long-term socioeconomic development and individual prosperity.

“Some of these genuine investment initiatives have begun to yield positive results, repositioning the state as the preferred destination for investors.”

“Ogun is regarded as the country’s industrial capital, with the highest concentration of factories. The Agbara Industrial Estate alone is said to be home to over 400 different brands.

“Its strategic location as a gateway in the South-West, particularly its proximity to Lagos and as a windowpane to the Republic of Benin, remains a key advantage for industrial development,” said Somorin.

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The current administration, according to the chief press secretary, does not take those tremendous advantages, among other potentials, for granted, as over 60% of local and foreign direct investments have been drawn to the state.
Somorin also attributed some of the current administration’s successes to its inclusive government and the government’s determination to walk the path of growth with the people of the state.

He claimed that when the Abiodun government took office, it extended a hand of friendship to everyone in the state, including opposition politicians.
Somorin credited his principal’s decision not to exclude anyone from his administration for helping the administration achieve its goals over the last two years.

“Those who genuinely care about serving others embraced Gov. Abiodun’s ‘Building Our Future Together’ agenda.

“They embraced so much that all of the House of Assembly members who were elected on the APM platform, including a former governor’s nephew and ex-cabinet members, have decamped and joined the All Progressives Congress (APC).”

“The ADC candidate, Prince Gboyega Isiaka, is now with us. Regardless of creed or allegiance, we have always maintained that this is an inclusive and participatory government.

“There can’t be a better way to ensure that anyone who wants to serve the people joins forces with the government,” he said.

He also denied insinuations of an APC faction in Ogun State, claiming that what happened at the alleged October parallel congress was nothing more than an attempt to create confusion in the state.

“There was no parallel congress in Ogun, as far as we are concerned.” What happened on the grounds of Ake Palace was an attempt to jeopardize the state’s security and an act of sabotage by the congregants.
“We all know who the provocateur is; he has so far turned down the governor’s olive branch,” he said.