NORTH CAROLINA MOM AND 12-YEAR-OLD DAUGHTER LOSE THEIR LIVES ON CHRISTMAS DAY AFTER A DEER CRASHES THROUGH THEIR WINDSHIELD. (PHOTO).

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 North Carolina mom and 12-year-old daughter lose their lives on Christmas day after a deer crashes through their windshield. According to the North Carolina State Highway Patrol, the tragic incident occurred around 10 p.m on December 25th.  Reports indicate 31-year-old Melissa Mullis was traveling on Gold Hill Road with her 12-year-old daughter, Carson Cummings.  As they were traveling southwest along the road, a car in the opposite lane struck a deer and sent it hurdling into oncoming traffic.  The deer crashed through the windshield of the car the mother and daughter were traveling in. The deer ultimately struck Mullins, who was driving, and also struck Carson Cummings. Carson was located in the back right passenger seat. Both Melissa Mullins and Carson Cummings lost their lives as a result of the impact. North Carolina Highway Patrol say no charges will be filed in relation to the incident and it was truly just a tragic accident. Our thoughts are with the family ...
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REPS APPROVE FINANCE MINISTRY AMENDMENT BILL FOR SECOND READING. (PHOTO).

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 Reps Approve Finance Ministry Amendment Bill for Second Reading


The House of Representatives on Tuesday passed for a second reading a Bill aimed at repealing the Ministry of Finance Incorporated Act of 1959 and replacing it with the Ministry of Finance Act of 2024.


Leading the debate on the Bill's general principles, Ademorin Kuye explained that the Ministry of Finance Incorporated (MoFI) was established in 1959 by an Act of Parliament to act as the sole custodian of Federal Government assets across the country. However, Kuye pointed out that since its inception, MoFI has failed to function effectively due to issues such as asset mismanagement, diversion, and abuse.


Kuye emphasized that the 1959 Act, which consists of only six sections, is outdated and lacks the framework necessary for MoFI to operate efficiently in modern Nigeria. He highlighted that the proposed new Act would introduce a comprehensive framework with 49 sections, addressing the conduct, management, and custodianship of Federal Government assets.


He further explained that, if enacted, the Bill would revitalize MoFI by establishing a robust institutional framework, improving its corporate governance, and outlining its organizational structure. The Bill aims to ensure better ownership, accountability, and management of federal assets, as well as to empower the corporation to contribute to economic growth through efficient asset management, preventing abandonment and misappropriation.


Kuye also noted that the Bill would provide a strong legal foundation for creating a national corporation capable of managing and optimizing over N300 trillion worth of federal assets. This would be achieved by granting MoFI specific powers and ensuring that its board is properly incentivized.

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