Headlines
28 Years After, 1994 Super Eagles to Get Promised Houses for Winning Nations Cup
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By Derrick Bangura
Nigeria’s Federal Government has redeemed its housing pledge to the Super Eagles 1994 Set twenty-eight (28) years after they won the African Cup of Nations.
President Muhammadu Buhari, who was represented by the Minister of Interior, Ogbeni Rauf Aregbesola, said at the official commissioning of the Housing Project under the National Housing Programme (NHP) Phase 1 in Abere, Osun State, that houses are now available for the conquering Super Eagles Set of 1994 to choose from.
He said the motive of the Federal Government was beyond improving the human condition of living through the provision of houses like the project being commissioned, but by also providing opportunities to fulfil its pledge to her citizens.
The Federal Government had promised each of the members of the Super Eagles captained by the Late Stephen Keshi, which also paraded Late Rasheed Yekini and present Super Eagles handlers Augustine Eguavoen and Emmanuel Amunike houses in any state of their choice
after winning the 1994 African Cup of Nations.
Aregbesola while saying the allocation of the houses was better late than never, added that: “But there is more to our message of change and improving the human condition in these housing projects. They make possible, that which had seemed impossible. It provides an opportunity to remember our heroes, the valiant Super Eagles, to whom our country made a promise of providing housing for winning the 1994 African Cup of Nations, which has remained unfulfilled before now.
“On behalf of the Federal Government of Nigeria, it is a great honour for me to redeem the promise Nigeria made to these patriotic Nigerians, even if belatedly. Anyone of them can pick houses from any of the 36 states, I invite you to pick from that which is being commissioned today.
The Minister while representing the President, said: “As the saying goes, it is better late than never and I have approved allocation to redeem the outstanding allocation to 22 members of the Super Eagles in National Housing Estates located in their state of choice, and their keys and title documents will be handed over at the commissioning in their state while the remainder of the housing is allocated to willing members of the public.”
The Federal Government also reiterated the commitment of the President Muhammadu Buhari-led administration to improving the conditions of the mass of the Nigerian people with her programmes and policies.
The President’s representative said: “The Micro, Small and Medium size businesses that drive our economy were the ones who won the contracts to build these houses. Not only did their successful bids offer an opportunity for these companies and their employees, through them we have unleashed a value chain of economic activities that improved the conditions of the mass of Nigerian people.
“They engaged suppliers who benefit from sub-contracts for the supply of building materials from sand to cement, roofing and plumbing material to doors and electrical fitting. In the process, Nigerians at the bottom of the pyramid such as artisans, builders, skilled and unskilled workers and food vendors were not left out of this economic value chain.
“These are some of the people our country remains committed to move towards prosperity and away from poverty and we are already reaching them by providing opportunities for employment for those who were hitherto unemployed.”
In his welcome address, the Zonal Director (South West) National Housing Programme, Dr. M.K. Muhammed, noted that the land the project was built on was donated by the Minister of Interior, Ogbeni Rauf Aregbesola when he was governor in the state.
He said: “The project is a testament to the popular saying that ‘what goes around, comes around’, the land for this project if you recall representative of the President sir, the land for this project was awarded by you when you were governor in this Osun State. Today, you are here commissioning the project.
“The National Housing Project is promoting local content in line with the Executive Orders 3 and 5. The use of available local building materials in the National Hosuing a programme (NHP) has stimulated the economy through the production and use of the materials.”
The project commissioned today named Inumidun National Housing Estate, consist of 72-units of Housing comprising, 24-units of condominium (1 bedroom-4, 2bedroom-16, 3 bedroom-4), 28-units 2 (Two) Bedroom and 20-units 3 (Three) Bedroom bungalows.
Also at the event were the Governor of Osun State, Mr. Gboyega Oyetola, represented by the Commissioner for Lands and Physical Planning, Hon. Nathaniel Agunbiade; Minister of Works and Housing, Mr. Babatunde Raji Fashola, represented by the Director of Urban and Regional Development of the Federal Ministry of Works and House, Mr. Moyoade Olasunkanmi Dumoye; the Timi of Edeland, Oba Munirudeen Adesola Lawal, Laminisa1; Zonal Director (South West) NHP, Dr. M.K. Muhammed amongst other dignitaries.
Headlines
Police to partner NDLEA against drug abuse in Osun
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The Commissioner of Police in Osun, Mohammed Abba, has pledged collaboration with the National Drug Law Enforcement Agency (NDLEA) in tackling the menace of drug Abuse in the state.
A statement by the Police Public Relation Officer, CSP Yemisi Opalaola, on Thursday in Osogbo, said that the commissioner made the pledge while playing host to NDLEA State Commandant, Adetula Lawal.
Abba expressed his readiness to further strengthen the healthy partnership between the two agencies.
The police commissioner said that the fight against drug abuse required collective efforts.
According to him, many of those committing crimes are doing so under the influence of dangerous drugs.
Abba promised to provide the necessary support to the NDLEA in the state.
The statement quoted Lawal as commending the police commissioner’s efforts in combating crime and criminality in the state.
He reiterated the agency’s collaboration with the police, as a leading security agency to tackle the menace of drug abuse and trafficking in the state.
Headlines
Customs’ 4% FOB levy will further increase inflation – financial experts
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Financial experts have raised alarm that the implementation of the 4 per cent Free-On-Board (FOB) Levy on imports would exacerbate inflation in the country.
The News Agency of Nigeria (NAN) report that the Nigeria Customs Service (NCS) on Feb. 5 announced its introduction of the FOB levy on imports.
According to Abdullahi Maiwada, the spokesman of the service, the introduction of the levy was in line with the provisions of the Nigeria Customs Service Act (NCSA) 2023.
“In line with the provisions of Section 18 (1) of NCSA 2023, the NCS is implementing a 4 per cent charge on the Free On-Board (FOB) value of imports.
“The FOB charge, which is calculated based on the value of imported goods, including the cost of goods and transportation expenses incurred up to the port of loading, is essential to driving the effective operation of the service.”
However, a former Chairman, Manufacturers Association of Nigeria (MAN), Ogun Chapter, Dr Wale Adegbite and Evans Osabuohien, a Professor of Economics, said that the levy would worsen the nation’s inflation rate.
In separate interviews with the News Agency of Nigeria (NAN) on Monday in Ota, Ogun, Adegbite and Osabuohien of the Department of Economics, Covenant University, said that the policy would negatively impact the economy.
The former MAN chairman said that the 4 per cent levy by the NCS “is a disaster and will worsen an already bad situation with multiple devastating effect on the economy.
” Why would the government inflict more hardship on the population as this new policy will certainly lead to more price increase, thus further increasing the country’s inflation rate.
“In addition, the masses will suffer more because of the impending price increase without any corresponding increase in income.”
Also, Osabuohien said that though the new FOB policy by the NCS was meant to generate more revenue for the federal government, but it would negatively impact on the economy.
He said that the NCS action would increase the cost of living of households.
The economist explained further that the development would increase the cost of operations of Small Medium Enterprises (SMEs), especially those companies that depend on imported raw materials for their production.
“This additional cost to be incurred through the 4 per cent increase in FOB would be transferred to the consumers and it would automatically trigger increase in the nation’s inflation rate,” Osabuohien said.
Foreign
Trump plans 25% tariffs on steel, aluminium imports
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U.S. President Donald Trump plans to impose tariffs of 25 per cent on steel and aluminium imports into the United States, he said on Sunday.
“Any steel coming to the United States is going to have them, 25 per cent tariff,” Trump said, according to journalists travelling with the president. When questioned about tariffs on aluminium imports, Trump replied, “25 Per cent for both.”
Trump also confirmed his plan to announce further reciprocal tariffs in the coming week.
He spoke of an announcement on Tuesday or Wednesday.
“Very simply, if they charge us, we charge them, Trump told reporters, adding that the tariffs would go into effect almost immediately.”
U.S. tariffs of 10 per cent on Chinese goods took effect from Feb. 4.
The planned tariffs of 25 per cent on Mexico and Canada were suspended for an initial period of 30 days following promises from the two countries to increase border security measures.
Trump won November’s presidential election promising to slap high tariffs on foreign goods to reduce U.S. trade deficits.
He implemented a number of duties during his first term from 2017 to 2021.
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