News
USAID partners state gov’ts on management of loans
The United States Agency for International Development (USAID) through its Accountability, Transparency and Effectiveness (State2State) project is partnering state governments on proper use of loans.
Mr John Onyeukwu, the Deputy Chief of Party of State2State project, spoke with the News Agency of Nigeria (NAN) on the sidelines of a four-day workshop on “Public Debt Management and Fiscal Responsibility’’ on Wednesday in Abuja.
Onyeukwu said it was wise for countries, particularly Nigeria, to channel borrowings and other resources into health, education and social protection.
He said that it was important to work toward stronger institutions for proper management of loans.
According to him, when loans are properly channelled, they will remove a lot of people from poverty.
“In furtherance of our work on six target states of Adamawa, Akwa lbom, Bauchi, Ebonyi, Gombe and Sokoto states, we are supporting them on developing strategy for managing public debts, medium term strategy and fiscal responsibility framework.
“The primary interest of our project is primary health, education and WASH and the success of our activity is tied to improvement in those sectors.
“For instance, education is a game changer. When people do not go to school or they leave school and there is no job and there is no social protection, it will be a huge problem.
“That is why states need to manage their resources better and create jobs.
“This workshop is to further train them so that every month and every quarter, they are able to keep good record of their debts,’’ Onyeukwu said.
He said with Nigeria was already spending so much of its revenue on debt servicing, adding that proper resource management was critical.
Onyeukwu said trainings had been organised on how the states could increase their Internally Generated Revenue (IGR).
“The only other way for most governments to be able to reduce social challenges of development is by borrowing.
“As citizens, we may not have the final say if the legislature approves a loan but we hold them accountable for the loan that has been collected and every debt that the states gets into.
“So, that is what State2State is helping states to do as a public finance management activity.’’
Onyeukwu said as part of efforts to achieve result, the State2State was working with the Governors Forum to ensure state governments budgets came through a new national framework called New Charts of Accounts.
He said that this was to ensure more details in the content of budgets, adding that plans were being concluded on an audit training to provide support specific to auditing.
The News Agency of Nigeria (NAN) reports that the State2State project is a five year project meant to run from 2020 to 2025.
The project is being executed in six focal states of Adamawa, Sokoto, Ebonyi, Bauchi, Akwa Ibom and Gombe.
It is aimed at helping them to manage accountable financial in systems for quality service in basic education, primary healthcare, WASH, among other sectors.
Rugby School Nigeria, the newest international school of the esteemed Rugby School Group, is set to open in September 2025 in Eko Atlantic City, Lagos.
To celebrate this significant milestone, an exclusive launch event was held at the British Deputy High Commissioner’s residence in Lagos, attracting over 100 distinguished guests and key stakeholders from the education, government, business sectors, and diplomatic communities.
At the official launch event on March 19, 2025, the British Deputy High Commissioner, Mr Jonny Baxter highlighted the significance of Rugby School Nigeria stating:
“Rugby School Nigeria exemplifies one of the best of UK-Nigeria collaborations, bringing another world-class British education institution to the heart of Lagos. Situated in the dynamic Eko Atlantic City, a symbol of Nigeria’s ambition and innovation, this school is poised to further shape future leaders in a rapidly evolving global landscape.”
Rugby School Nigeria will initially open its doors for Sixth Form students (ages 16-18) in September 2025, with boarding facilities set to be available from September 2026. The Senior School (ages 11-16) will launch in September 2026, offering a broad and engaging curriculum that prepares students for IGCSEs and future academic success.
Founding Principal of Rugby School Nigeria, Dr Adam England expressed his enthusiasm:
“Rugby School Nigeria will offer an exceptional education that nurtures both intellectual growth and character development guided by the Rugby School ‘Whole Person, Whole Point’ philosophy. Students will benefit from a comprehensive A-Level programme, preparing them for top universities worldwide, alongside the Rugby 360 programme, which fosters leadership, community engagement, and personal development.
Our state-of-the-art facilities will include science labs, creative arts spaces, and world-class sporting facilities.”
Founded in 1567, Rugby School is one of the world’s most prestigious UK boarding schools, renowned for its commitment to academic excellence, innovation, and character development. With established sister schools in Thailand, Japan, and now Nigeria, Rugby School continues to expand its global impact, offering transformative educational experiences to students worldwide.
Dr England added, “We are excited by the substantial interest we have already received, with numerous parents’ meetings taking place daily at our offices.”
Senator representing Ondo North Senatorial District, Olajide Ipinsagba Emmanuel has scored himself high in terms of constituency projects deliveries to his constituents.
Speaking in an exclusive interview in his office with journalists, he said “he facilitated Agricultural Training Programs for youths and existing farmers, equipping them with modern techniques to enhance productivity, distributed fertilizers to farmers to address critical agricultural challenges, ensuring increased output and improved local food security.
“Constructed and fully equipped a modern health centre in Akunnu-Akoko, ensuring access to quality healthcare for the community, distributed health equipments and materials to the State Specialist Hospital, Ikare-Akoko, thereby strengthening healthcare infrastructure and improving health outcomes.”
“Trained and Empowered Women and Youth in Confectioneries. He organised training in cake baking and other confectioneries, followed by the disbursement of start-up grants to empower beneficiaries to establish their businesses. Training of women on soap making with start-up funds.
In the same vein, he organized ICT training programs for youths, distributed HP Core i7 laptops, and provided start-up grants to promote innovation and employment in the tech sector.
“Trained youths in tailoring, provided sewing machines, and disbursed start-up grants to enhance self-reliance and job creation. Constructed a 1.5-kilometer road in Oka-Akoko, improving connectivity, facilitating economic activities, and easing transportation for farmers and traders. Spearheaded the construction of the Ikare Modern Civic Center, which serves as a hub for cultural, social, and civic engagements. Facilitated the construction of 28 lock-up shops in Oka -Akoko, providing a conducive environment for entrepreneurs and boosting local commerce.
Dist. Sen. Olajide who is passionate about education, distributed free JAMB forms to students across the Senatorial District, enabling many young people to pursue higher education without financial barriers.
Also, he sponsored a bill for the establishment of the Information and Communication Technology (ICT) University in Ikare-Akoko. A public hearing was successfully held on December 28, 2024, reflecting progress toward establishing this vital institution for skill development and education. Lighting up towns and villages with Solar Panels including Adekunle Ajasin University.”
These achievements underscore his commitment to fostering development in agriculture, education, health, and infrastructure. As Chairman of the Senate Committee on Public Procurement, he also prioritizes accountability and efficiency in national projects, which directly impacts the equitable allocation of resources to Ondo North Senatorial District and Ondo State at large.
Moreso, he empowered Small Businesses through skill acquisition programmes and provision of lock-up shops, he has laid the groundwork for entrepreneurship to flourish within the district. Strengthening Youth Engagement, by bridging the gap between education, technology, and employment. He is equipping youths with the tools necessary to thrive in the modern economy.”
Edo State Government has lashed at the factional chapter of the caretaker committee of the Peoples Democratic Party and the appointed publicity secretary, Chris Nehikhare, for rushing to the press without first understanding the subject at hand.
In a statement issued by the Chief Press Secretary to the Governor, Fred Itua in Benin and made available to journalists said, Nehikhare’s latest press release was another embarrassing display of ignorance, completely missing the point Governor Monday Okpebholo raised.
The Governor was referring to the $10 million that Godwin Obaseki budgeted for The Observer Newspaper shortly before the 2024 governorship elections in Edo State, not the refurbished equipment bought from ‘Ogbete Market’ in Enugu State.
Obaseki, a portfolio scam artist, who presided over the looting of Edo’s commonwealth, hurriedly siphoned $10 million, using The Observer Newspaper as a conduit, barely a few days to the governorship election in Edo State in late 2024.
Nehikhare’s desperate attempt to twist the conversation is not just misleading but exposes the habitual dishonesty of the PDP.
On the issue of the so-called “sophisticated machines,” Nehikhare conveniently ignores the real concern—these overused and inefficient machines now require billions of naira to function properly. Obaseki may have procured them at a roadside market, but he left behind a financial burden that the present administration must now clean up.
More troubling is Nehikhare’s confused outrage about the sacking of Observer staff. How does he expect those no longer employed to be available at the premises? His logic is as flawed as the policies of the administration he blindly defends.
Instead of this laughable attempt at deflection, Nehikhare should explain why, in his final days, Obaseki found it necessary to allocate a staggering $10 million to a State-owned newspaper that is practically invisible on newspaper stands across the State and country—at a time when critical sectors like education and healthcare remained underfunded.
If Nehikhare wishes to debate the facts, he should do so with accuracy, not fiction. But then again, fiction seems to be the PDP’s favourite tool.
-
News3 days agoBill to establish National Cashew Production and Research Institute in Kogi passes first reading in Senate
-
Security1 week agoNigerian Coast Guard: Citizens warned against extortion as passage of bill is being awaited
-
Politics1 week agoRetired military officer, colonel Gbenga Adegbola, joins APC with 13,000 supporters
-
Politics1 week agoCPDPL accuses Adeyanju of orchestrating smear campaign against FCT Minister Wike
-
News3 days agoShehu Sani debunks Governor Uba Sani’s alleged diversion of LG funds, challenges El-Rufai to publicly tender evidence
-
News3 days agoPlateau gov’t expresses concern over violence in Shendam LGA, calls for calm
-
News3 days agoReport of attack on Wike’s Port Harcourt residence false, misleading – Police
-
Sports4 days agoMerino gives Arsenal win over Chelsea