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Federal Government Allocates N19.24bn For N-Power Training And Infrastructure Upgrades

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The Federal Government has allocated a substantial sum of N19.24 billion for N-Power beneficiaries and important upgrades to the country’s infrastructure.

The decision was reached during the Federal Executive Council chaired by Vice President Yemi Osinbajo at the State House in Abuja.

The allocation includes a provision for the training of 50,000 non-graduate N-Power beneficiaries.

These individuals will benefit from specialized training programs organized by four federal agencies, namely the National Institute of Transport Technology, Industrial Training Fund, National Institute for Hospitality and Tourism, and the Hydraulic Equipment Development Institute.

Also, a considerable portion of the allocated funds will be utilized for crucial infrastructure upgrades.

Specifically, the procurement of a taxiway lighting system is planned for the Port Harcourt, Lagos, and Abuja airports.

This modernization effort aims to enhance safety and efficiency in air travel across the country.

The Federal Government has also recognized the importance of the Dadin Kowa 40MW power project in Gombe State.

To ensure its success, the approved funds will cover consultancy services. The independent consultant will oversee the project’s operations and income generation, playing a pivotal role in its development.

Additionally, a significant allocation of N1.3 billion has been set aside for the furnishing of a new 10-storey headquarters for the Nigerian Maritime Administration and Safety Agency in Victoria Island, Lagos.

This investment signifies the government’s commitment to providing a conducive and modern work environment for the agency’s operations, contributing to enhanced maritime safety and security.

The decision to allocate N19.24 billion also reflects the government’s recognition of the importance of education. With this in mind, the establishment of 37 new private universities nationwide has received approval.

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This strategic move aims to expand access to higher education opportunities and meet the growing demand for quality tertiary education across the country.

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Tinubu approves N20bn take-off fund for NASRDA’s project

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The National Space Research and Development Agency (NASRDA) is set to commence the implementation of its space regulation and licensing mandate with N20 billion take-off fund approved by President Bola Tinubu.

The Director-General of NASRDA, Dr Matthew Adepoju, said this on Thursday in an interview with the News Agency of Nigeria (NAN) in Abuja.

Adepoju said the regulatory function of the agency as encapsulated in NASDRA Act (2010) had remained unfulfilled since its establishment in 1999.

He spoke against the background of NASRDA stakeholders’ workshop on space regulation scheduled for April 8.

He said on assumption of office he raised a memo to President Bola Tinubu on the need to enforce the regulatory functions of NASDRA.

According to him, this is in line with the provisions of Section 6 and 9 of the laws establishing it, adding that Tinubu eventually approved the take-off fund.

“When I raised that memo stating that our space can no longer be unregulated, Mr President graciously approved the take-off fund of N20 billion few months ago.

“This is to enable us to commence the space regulation and spectrum management in Nigeria.

“Although times and lots of activities happen that have security implications but if we don’t take charge of our space sector, it will continue to be misused,’’ Adepoju said.

Adepoju said the agency was yet to access the N20 billion, adding that release of funds was always subject to its availability.

“Within the framework of what is possible for us to do now, we’ve set up the platform and we are commencing our regulatory and licensing functions,” he told NAN.

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He explained that the space sector had three segments, the upstream, midstream and downstream.

“We have the upstream, which is deep space, the midstream, which is in between the space objects, such as satellites and the planet Earth.

“We have the downstream, which has to do with ground stations, activities and people who are utilising space products and services.
“In between these three sectors, there are activities that must be regulated otherwise Nigerians will be short-changed.

“People have to be licensed and issued guidelines, the spectrum within Nigeria has to be monitored and the agency has been granted this power since 2010 and this has lots of benefits,’’ he said.

Adepoju said the platform for the licensing was ready and open to both public and private sector operators in the space arena.

The licensing, he said, was available for people using and providing space products and services.

He emphasised the need for strict oversight of satellite image providers, geographic information system operators, satellite-based telecommunication and broadcasting services, among others.

He also said that if unregulated, geographical data intelligence could be exploited by non-state actors for illicit activities.

The Director-General further told NAN that the initiative would enhance national security, economic diversification and local content development.

He said it would also generate revenue from sub-sectors such as oil and gas, shipping and telecommunications relied on space products for their operations. (NAN)

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Myanmar earthquake: Rescue efforts ongoing amidst increasing fatalities

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The death toll from a 7.9-magnitude earthquake in Myanmar has risen to 3,085, with 4,715 people injured and 341 reported missing.

This is according to the Information Team of the State Administration Council on Thursday.

Chinese rescuers are continuing search and rescue operations in hard-hit Mandalay, central Myanmar, following the deadly earthquake last week, and have so far rescued nine survivors from the rubble.

On Thursday afternoon, the second batch of emergency humanitarian aid supplies dispatched by the Chinese government arrived in Myanmar.

The second batch of aid supplies include 800 tents, 2,000 blankets, 3,000 boxes of biscuits, 2,000 boxes of mineral water and other urgently needed supplies.

The first batch of emergency humanitarian aid supplies dispatched by the Chinese government for earthquake disaster relief arrived in Myanmar on March 31. (Xinhua/NAN)

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China threatens retaliation in response to new US tariffs

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Beijing on Thursday threatened countermeasures after U.S. President Donald Trump announced new tariffs on Chinese goods, further escalating trade tensions between the world’s two largest economies.

The U.S. has already imposed 20 per cent tariffs on Chinese imports, prompting retaliation from Beijing.

The latest round, which Trump had announced on Wednesday, adds a 34 per cent tariff hike, raising total duties on many Chinese products to over 50 per cent.

China’s Ministry of Commerce said that the tariffs violated international trade rules and were based on subjective and unilateral assessments by the U.S., calling them a typical act of bullying.

The ministry urged Washington to remove the measures and resolve disputes through dialogue, or it would take countermeasures to protect its rights and interests.

Trump on Wednesday announced new blanket tariffs of 10 per cent on most U.S. imports, with higher penalties based on trade deficits. (dpa/NAN)

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