₦airaland Forum

BENIN—A Peoples Democratic Party, PDP, governorship aspirant in Edo State, Pastor Osagie Ize-Iyamu, has disclosed that the Adams Oshiomhole-led administration in the state received over N1 trillion in the last seven and a half years from the Federation Account and Internally Generated Revenue, IGR, but lamented that the fund was squandered on highly inflated projects that were not evenly distributed across the state.

He also accused the state government of focusing on two sectors of the economy to the detriment of other critical sectors, regretting that the evils of poverty and unemployment were not tackled while agriculture, industry, tourism, sports, housing and other sectors were neglected Pastor Ize-Iyamu, a former Secretary to the Edo State Government, disclosed this in a paper entitled, Edo State Economy: The Way out, he presented at a town hall meeting, yesterday, in Benin, organised by a group, House 2 House Support Initiative.

According to him, “Edo State Government in the past seven and a half years received over N1 trillion as revenue from the Federation Account and IGR. This is unprecedented in the revenue profile of the state since its inception. This huge revenue was unfortunately not used to grow the economy of the state but squandered on highly inflated projects that were not evenly distributed across the state. “They were restricted to one or two sectors to the detriment of other critical areas. The evils of poverty and unemployment were not tackled while sectors such as agriculture, industry, tourism, sports, housing, solid minerals were ignored. Existing factories like Bendel Brewery, Edo Line, Edo Courier, Edo Hotel and Bendel Insurance have been allowed to collapse. “A government that chooses deliberately to ignore agriculture, industry, tourism, sports, solid minerals, etc cannot be seriously concerned about the economy of the state. The present government has, however, made serious effort at increasing the internally generated revenue of the state from N300 million monthly when they came in to N2billion monthly. This is commendable.”

Beremx:
foolish people!! keep destroying your region and think you're doing yourselves good.

ndi ara!

Stalwert:
I prefer you taking this opportunity to develop your analytical skills

loveuGOD:
Thank GOD lagos is now oil production state.

Stalwert:
Sir I suspect if you properly reason it well, perhaps you will eventually know why

Stalwert:
Gbam!!! Tommorrow the liars will claims oil giants are polluting their lands but would also use their hands in causing the most damage because tompolo send them message

UGHELLI – MILITANTS in the Niger Delta region have continued their onslaught on oil installations in the area with the blowing up of the Chevron Valve Platform in Abiteye, Warri North council area of Delta State. The incident it was gathered occurred at about 10:40pm on Wednesday. Though the company’s Public Affairs Manager, Deji Haastrup could not be reached for comments on the incident, on official of the Department of Security Services, DSS who spoke on anonymity, confirmed the incident adding that the platform was totally destroyed with the use of dynamites.

The security source further hinted that the platform is a major connecting point where all other platforms link up and serves as a fulcrum to chevron BOP and the Chevron Tank farm thereby halting all operations of the company in the region. Claiming responsibility for the incident, the Niger Delta Avengers, a militant group in the region in a statement on Wednesday night, while attributing the incident to the effort of its strike Team 6, stated that attack on the facility is in line with its promise to the Nigerian government to cripple the economy.

The group which had earlier claimed responsibility for destroying the Forcados 48-inch Export Pipeline, also threatened to attack oil facilities in Lagos and Abuja, the nation’s capital. “We want to pass this message to the all international oil companies operating in the Niger Delta that the Nigeria Military can’t protect their facilities. They should talk to the federal government to meet our demands else more mishaps will befall their installations. “Until our demands are met, no repair works should be done at the blast site,” the group added.

NewNigeriaMind:
The igbo man representing oshodi is married to a Yoruba woman. He can marry a Yoruba woman, live in yoruba land, make laws in yoruba land but dont want to learn to speak Yoruba language. You see how stupid you sound.

topsyking:
In 1979, palace of Ooni of Ife ,The visit of Omo n'oba ni Edo Erediauwa to the palace of Ile-Ife to see the Ooni of Ife, Adesoji Aderemi, on his ascension to the throne of Benin.The following year1980 Ooni Aderemi joined his ancestors. Baba was pleased enough with Omo'n'ba to swap his black leather seat with him. Baba had seen three Benin Obas before he joined his ancestors.