Fayose Commissions Road And Street Light Projects In Ekiti

Fayose, Ekiti, RoadGovernor Ayodele Fayose has commissioned the one kilometre dual carriage road and street light projects initiated by his administration in Ikole and Omuo towns in Ekiti State.

The commissioning was part of activities to commemorate the second year anniversary of the Fayose-led administration in the state.

While switching on the street lights, Governor Fayose assured the people of the state of his commitment to providing the required basic social amenities such as water, good roads and electricity among others.

He vowed not to relent in his quest to ensure all-round development in the southwest state.

The people of Ikole and Omuo local government areas of the state could not hold their joy when the Governor and his entourage arrived the towns in the early hours of Thursday.

Some residents of the towns, Mr Olufemi Daramola and Mrs Oyin Adegboye, commended the Governor for fulfilling his promise.

They also urged him to sustain the tempo of development in the state.

Over 4,000 Residents Of Makurdi In Need Of Potable Water

Benue State, Makurdi Potable Water issuesOver 4,000 residents of the Makurdi metropolis in Benue State, lacking potable water are seeking government’s intervention. 

Some of the residents in the state’s capital city, who spoke with Channels Television, said the last time they had access to potable water was 10 years ago.

But the State government said it had secured additional $2.5 million World Bank grant to address this challenge.

The administration of the former Governor of the state, Gabriel Suswam, has spent over five billion Naira between 2007 and 2015, but unable to deliver water to many homes.

Unhealthy Situation

In the midst of the challenge, resident’s only source of water is said to be contaminated.

Residents complained that butchers at the Wurukum abattoir dispose animal waste right into the river, a situation that environmentalist described as unhealthy for a major water source.

Meanwhile, the Benue State Water Board said they were not unaware of the unhealthy activities from the upstream. The board said it had always ensured strict compliance to water treatment due to contamination issues.

 

The water board authority promised the residents that all the challenges would soon be a thing of the past.

To help meet the water needs, the administration of Governor Ortom has taken steps in the replacement of some of the rusted and busted pipes laid in 1978.

NBS Releases June Inflation Rate

Bureau Of Statistics, Inflation RateNigeria’s headline inflation increased by 16.5% in June from 15.6% in May, as the rate continues to increase for the fifth consecutive month.

According to the National Bureau of Statistics, the 0.9% increase is attributed to a rise in energy costs, imported food items and related products.

During the period, the food index rose at a faster rate of 1.4%, month-on-month due to increase in the prices of meat, vegetables and cereals.

While the urban index also jumped 11.9% in June, the corresponding rural index increased from 10.4% to 10.9%.

Meanwhile, the Nigerian stock market’s benchmark index dropped by 25 basis points to 28,733.90, while the market capitalisation fell by 25 billion naira to 9.86 trillion naira against Friday’s figure, as the market reacts to the country’s June inflation data, and financial markets illiquidity.

However, investors’ appetite for stock remained moderate as a total of 315.5 million shares worth 1.72 billion naira were traded in 3,976 deals at the close of session.

Skye Bank topped the lead of the most actively traded stock with a whopping 138.2 million shares followed by FBN Holdings and UBA.

On the price table, Skye Bank was also the major price advancer in a list of ten, with a 10% increase to its share price, followed by Forte Oil and Nigerian Police Microfinance Bank.

And on the flip side, Law Union and Rock Insurance led 23 other decliners including Wapco and Arbico, down by 8.33%.

Inflation Rate Remains Unchanged At 9.6%

inflationNigeria’s inflation rate remained unchanged at 9.6% in the month of January, maintaining the same figure recorded in December, 2015.

According to data released by the National Bureau of Statistics on Sunday, the headline index was weighed down by slower increases in major divisions such as housing, water, electricity, gas, fuel, furnishing and household equipment.

Food inflation remained steady at 10.6% in January compared with the previous month.

During the month, all major food groups which contribute to the food sub-index increased at a faster pace during the month, with the exception of the fruit vegetables.

The NBS also stated in its petrol price watch that Nigerians paid an average sum of 109 Naira 59 kobo per litre for the product in January.

Recognize Water As A Critical Human Right, Group Tells FG

Water-problem-in-NigeriaNational Human Rights Commission (NHRC) has urged government at all levels to recognize availability and access to water as a critical human right which must be complied with.

Executive Secretary of the Commission, Professor Bem Angwe, who made this call as the global community observed the International World Water Day, noted that human right to water places certain responsibilities upon government to ensure that people can enjoy sufficient, safe, accessible and affordable water without discrimination.

In a statement signed by the Chief Press Officer of the Commission, Fatima Mohammed, Professor Angwe advised government to take reasonable steps to avoid contaminated water supply and to ensure there are no water access distinctions amongst citizens.

The commission urged the National Assembly to hasten the passage of water-specific bills before it and for the executive arm of government to ensure the full implementation of the policies as well as step up on budgetary allocation to ensure every Nigerian has access to safe and affordable water.

NGO Partners With Imo, Sinks Borehole In 3 Communities

The Uzotex Foundation in partnership with the Imo state government on Saturday commissioned boreholes in Umulewe, Ntueke and Umuchima communities in Ideato south local government area of the state; bringing a 25-year struggle for portable and drinkable water to an end.

The Imo State Commissioner for Planning and Economic Development, Professor Boniface Iwuchukwu disclosed that the project is part of the Okorocha led administration’s plan to bring utmost development to the grassroots as well as positively touch the lives of people living in the rural areas.

During the commissioning of the newly sunk water bore holes, the Professor Iwuchukwu commended the foundation for its humanitarian works in the area of poverty eradication and rural water projects to underprivileged communities.

Speaking to Channels Television, the villagers revealed that water has been a major problem for women and children who sometimes fall into the river when they trek as long as 5 kilometers every morning and night to fetch water in neighbouring villages.

They also said that the Orashi stream has been their only option; which serves as an all purpose river for drinking, washing and many other purpose even in its impurity.

They expressed their gratitute and said that the project is a rare privilege.

However, they called on the government to help with other basic amenities such as good roads and electricity.