The newspaper review for Tuesday, August 7, leads with the possibility of the federal government releasing of funds for the implementation of the capital component of the N9.12 trillion 2018 budget this week among other stories.
Vanguard reports that two of the leading presidential aspirants on the platform of Peoples Democratic Party (PDP) have between them shared the loyalties of principal stakeholders of the party in its major strongholds in the South-South and South-East geo-political zones.
While former Vice President Atiku Abubakar, according to multiple sources, seems to have taken the dominance in the South-East, former Special Duties Minister, Tanimu Turaki, has taken the ascendancy in the South-South.
The recent entry of Senator Bukola Saraki and Governor Aminu Tambuwal into the party is, however, said to be shaking the fidelity of the party’s leaders in the region towards Turaki.
Atiku’s pre-eminence, Vanguard gathered, was partly helped by the dangle of the vice-presidential ticket to South-East governors and his longstanding political relationships with some prominent Ibo political leaders.
The Punch reports that the leadership of the National Assembly summoned an emergency meeting for Tuesday (today).
The Special Assistant to the Senate President on International Relations, Bankole Omisore, called the meeting via his Twitter handle on Monday.
The tweet reads, “NASS leadership will tomorrow meet at noon to consider some national issues. The National Assembly leadership comprises both @NGRSenate and @HouseNGR.
“It will be followed by another meeting with the leadership of @inecnigeria led by its Chairman, Prof. Mahmud Yakubu.”
The Nation reports that Senate Minority Leader Godswill Akpabio, who is expected to be received into the All Progressives Congress (APC) tomorrow in Ikot Ekpene, Akwa Ibom State, yesterday visited Asiwaju Bola Tinubu to round off his consultation.
Akpabio arrived at Tinubu’s Abuja home at 4pm.A source said: “Sen. Akpabio met with the National Leader of APC to brief him and for further consultations ahead of his defection. There is no going back on his defection.”
“He has had audience with President Muhammadu Buhari in London, Vice President Yemi Osinbajo at the Presidential Villa, and he deemed it necessary to consult with Asiwaju Tinubu.
“All these consultations are geared towards his seamless movement from PDP to APC.”
The Guardian reports that anxiety has enveloped Akwa Ibom state following the widely rumoured planned defection of Senate minority leader and its former governor, Godswill Akpabio from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC) tomorrow.
The APC on its Twitter handle yesterday posted a picture of the former governor and the party’s national leader, Bola Tinubu, chatting relaxedly. It announced: “Senate Minority Leader Godswill Akpabio meets APC Leader Bola Tinubu in Abuja this afternoon. Both men are in consultation, a day after the PDP senator met with President Buhari in London ahead of his planned defection to the APC.”
Many political stalwarts on both sides are silent on the simmering news, possibly out of fear of being quoted or sheer amazement.
Many in the Akwa Ibom APC are actually worried about the awkwardness of receiving a new political friend who once viewed them as ‘enemies’ of the state.
This Day reports that about two months after President Muhammadu Buhari assented to the Appropriation Act, the federal government may begin the release of funds for the implementation of the capital component of the N9.12 trillion 2018 budget this week.
The 2018 budget provides N2.01 trillion for debt service, N3.51 trillion for recurrent expenditure and N2.87 trillion for capital expenditure, an increase over the N2.36 trillion provisioned for 2017.
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Feelers indicate that the monetary committee of the Ministry of Finance, which is saddled with the responsibility of releasing funds to various ministries, departments and agencies (MDAs), is meeting to take stock and decide on the first tranche of the capital vote to be released this week.
A top government official told THISDAY that besides procurement issues, the major cause of the delay in commencing the release of the capital vote centred on the recurring controversy over the Federation Account Allocation Committee (FAAC) vis-à-vis remittances by the Nigerian National Petroleum Corporation (NNPC) into the Federation Account.
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