Connect with us

General

BREAKING: Buhari’s Approves N24bn For NASENI Modular Irrigation Project

Published

on

President Muhammadu Buhari has approved N24 billion for the National Agency for Science and Engineering Infrastructure (NASENI) to execute a smart modular irrigation project.

The FidelinfoNews gathered that Executive Vice Chairman/CEO of NASENI, Professor Mohammed Sani Haruna, disclosed this to State House Correspondents after a meeting with the President at the Presidential Villa, Abuja, on Friday.

Haruna, who said he was at the Villa to show the financial details of the agency’s operation to the President, explained that the modular irrigation project would enhance agricultural development in the country, enabling farmers to produce crops three times round the year.

Explaining why he was at the Villa, Haruna said the President, who is the Executive Chairman of the agency, needs to be updated on the way the place is being run, adding that his request to know the state of the accounts was not because there had been any suspicious activity

“It’s not for anything suspicion, but we have been asking for funding and more funding, then you want to know the status of what is happening so far. For example, I have said to you, the 1% of the Federation Account due to NASENI, we receive only the federal government component of it, instead of 1% before it’s shared to the states and others that benefit from this

“Last week, the President approved N24 billion for smart irrigation system, on request by NASENI. So, it is his thought if our money is remitted, why asking for further funding. Just to clarify the situation, not because of any other things, to know the status. And, of course, to give him exactly, as the Chairman of the Board NASENI, he should know to the last Kobo, what do we have, what don’t we have, to guide his decisions on matters,” he said.

On what the new funding approval was all about, he said: “It is for the modular irrigation system. We have acquired a 10 hectare farmland on lease in Adamawa State, using water from River Benue, where this pilot scheme is starting and it is estimated that, based on the technologies to be used there, it is possible to have three multi-crop season in a year, commencing from October this year, God willing.

“The monies are for the pumps, the structure, the farming techniques, the farmers, the officers, the offices that are needed, the vehicles, and the administrative management, up to the period that we will have this demonstration farm, using modular irrigation system first model. First model in the sense that this one we’re drawing water from River Benue, of course solar powered.”

Explaining the funding of the agency, he said the statutory 1% of the Federation Account meant to be drawn for its running is dedicated to execution of some priority projects that had been approved by government.

“The application of these funds is in some priority projects approved by government. The capital components include payment of 15% of the local counterpart funding for three key projects in the Power sector; the development and production of solar cells locally; development and production of electric power transformers and the third one is high voltage testing laboratory.

“Now, these are projects with 85% funding support from China, which is part of what is approved and being implemented in the 2021/2022 Borrowing Plan. That is number one and in that, out of the $48,879,103, representing 15% of what Nigeria is paying as the 15% counterpart funding based on the money remitted to NASENI in the first and third quarters. $23,928,063 had been remitted in these two quarters.

“The other areas of application of this fund include the development and domestications of technologies NASENI has acquire from a partnering organization in Italy, de Lorenzo, in the production of technical science laboratory equipment for primary school, secondary school and tertiary institutions.

“The third component is the development of skills development centers in six geopolitical zones. For now, one each per zone. The fourth component of application of this fund is in the development of three out of 12 new centers approved by the President for different states of the federation and of course, continue research and development, reverse engineering and assembly of some military equipment in collaboration with two different private companies, that is Nigeria Machine Tools Limited, Oshogbo and PROFORCE, manufacturer of some military hardware, based in Ogun State, and of course, completion of the remodeled NASENI headquarters.

“These are priority areas where these funds have been applied. The briefings also included the newly developed equipment and machines that are needed to have mechanized farming. This simple, but needed equipment include equipment for cultivation, for planting, for weeding, for processing, harvesting, up to food preservation,” he said.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

General

BREAKING: CBN Extends Deadline For Old Naira Exchange

Published

on

The Central Bank of Nigeria has extended deadline for the swapping of old naira notes till February 10, 2023.

The CBN stated this in a release on Sunday.

The apex bank said it added a 10-day extension of the deadline from January 31, 2023, to February 10, 2023, to allow for the collection of more old notes…”

This is according to the CBN governor, Godwin Emefiele.

More Details Later.

Continue Reading

General

Yebumot Al-Hikmah Road Temporarily Shut As Construction Begins

Published

on

Kwara State Ministry of Works and Transport will temporarily closed the Yebumot Al-Hikmah Road from today,  Wednesday 11th January, 2023.

Fidel Info reports that the closure is effective from 11:00am to allow for the commencement of the asphalt laying of the road.

The Ministry urges road users to make use of other routes for their journeys pending the completion of the asphalt laying.

The Ministry sincerely regrets the inconveniences this may bring to the residents and users of the road.

“Our goal is to improve the city and make your travel experience better”

Continue Reading

General

Yoruba Nation Rally: Normalcy Restored At Ojota After Unrest

Published

on

Following reported unrest Monday morning involving alleged Yoruba Nation agitators, normalcy has apparently been restored in the Lagos State neighborhood of Ojota.

Fidel Info reports that Videos that have been making the rounds on social media purport to show that a person who cannot be named died amid the unrest when protesters and police allegedly battled where the protesters gathered for a large gathering.

The scene of the unrest is now reported to be calm and serene, due to the intervention of security operatives.

Additionally, armed police officers and cars were seen near the Gani Fawehinmi Park in Ojota.

Jubril Gawat, a staff member for Governor Babajide Sanwo-Olu, posted a status update on the incident, saying that things were back to normal at Ojota.

He wrote, “UPDATE: Ojota is calm. OP-MESA and other Police Divisions are fully on ground. People are going about their normal duties, all clear.”

Continue Reading

Trending