HERDSMEN KILL DRIVER ON HUMANITARIAN MISSION IN TARABA STATE. (PHOTO).

Image
 HERDSMEN KILL DRIVER ON HUMANITARIAN MISSION IN TARABA STATE  10th January, 2026      A commercial driver, Mr. Amishe Omeny, has been killed by suspected Fulani herdsmen while on a humanitarian visit to a displaced community in Takum Local Government Area of Taraba State. The deceased, from Tse Amise after Tseem, was reportedly attacked on Friday within Chanchanji Ward as he travelled to Adokia, a displaced settlement located after Tseem Sabe. He was said to have gone to the area to assist villagers with the transportation of foodstuffs. Sources in the community told Benue Info-pedia, that Omeny volunteered his services as a driver to support residents affected by ongoing insecurity, when he was ambushed and killed by the assailants. The killing has sparked grief and outrage among residents, who described the incident as tragic and senseless. They called on security agencies and the Taraba State Government to urgently step up protection for displaced communitie...

REPS APPROVE FINANCE MINISTRY AMENDMENT BILL FOR SECOND READING. (PHOTO).


 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Kuye emphasized that the 1959 Act, which consists of only six sections, is outdated and lacks the framework necessary for MoFI to operate efficiently in modern Nigeria.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.

Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

TINUBU ANNOUNCES ARRIVAL OF 4 U.S ATTACK HELICOPTERS. (PHOTO).