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Tuesday 20 December 2016

THESE FEDERAL MINISTERS ARE TRULY ROUND PEGS IN ROUND HOLES, HURRAH!

    ZION B-BC   NEWSLETTER.(Looking at Nigeria's Political System from a godly Perspective).  

A Publication of the Zion Faith Bible-Believing Church, Kpeyegyi, Abuja Nigeria. [VOL. 5. NO 170. 13th November, 2016.} “…ONLY The Truth, Will Set You   Free! (John.8:32).

THESE FEDERAL MINISTERS ARE TRULY ROUND PEGS IN ROUND HOLES, HURRAH!

Nigeria’s Change Administration Ministers of President Muhammadu Buhari had been the most criticised, intimidated, harassed, disrespected and most lambasted of political office holders around the globe in recent times! Before the eligible chosen citizens were unveiled, bitter members of the failed opposition party unleashed all manner of reckless accusations that the President's nomination of his "kitchen cabinet", (i.e. close and personal aides), was predicated on a Northern agenda since majority of the appointees, were mostly of northern origin, and advocated civil disapproval against the government without success! But in spite of all efforts by the opposition to stampede government to act at their bidding, it took a period between 29th May, 2015; to 12th November, 2015, (134 days), for the President, his "Think Tank"/Consultants to prayerfully, carefully and painstakingly conclude the selection and investiture of the Federal Ministers who, (inclusive of the first two citizens), made up the Federal Executive Cabinet (FEC).

The following ministers chosen from the 36 States of the Federation who scaled through Senate scrutiny and vetting are as follows:
1. Chris Ngige – (Anambra) Minister of Labour & Employment; 2. Kayode Fayemi- (Ekiti) Minister of Solid Minerals; 3. Rotimi Amaechi – (Rivers) Minister of Transportation; 4. Babatunde Fashola - (Lagos) Minister of Power, Works and Housing; 5. Abdulrahman Dambazau- (Kano) Minister of Interior; 6. Aisha Alhassan – (Taraba) Minister of Women Affairs; 7. Ogbonaya Onu- (Ebonyi) Minister of Science and Technology; 8. Kemi Adeosun – (Ogun) Minister of Finance; 9. Abubakar Malami – (Kebbi) Minister of Justice & Attorney-General;  10. Sen Hadi Sirika – (Katsina) Minister of State, Aviation; 11. Barr. Adebayo Shittu – (Oyo) Minister of Communication; 12. Suleiman Adamu – (Jigawa) Minister of Water Resources; 13. Solomon Dalong – (Plateau) Minister for Youth and Sports; 14. Ibe Kachikwu – (Delta) Minister of State, Petroleum; 15. Osagie Ehanire – (Edo) Minister of State, Health; 16. Audu Ogbeh – (Benue) Minister of Agriculture; 17. Udo Udo Udoma – (Akwa Ibom)  Minister of Budget & National Planning; 18. Lai Mohammed – (Kwara) Minister of Information;19. Amina Mohammed – (Gombe) Minister of Environment; 20. Ibrahim Usman Jibril – (Nasarawa) Minister of State, Environment; 21. Hajia Khadija Bukar Ibrahim- (Yobe) Minister of State, Foreign Affairs; 22. Cladius Omoleye Daramola (Ondo) Minister of State, Niger Delta; 23. Prof Anthony Onwuka (Imo) Minister of State, Education; 24. Geoffrey Onyema (Enugu) Minister of Foreign Affairs; 25. Dan Ali (Zamfara) Minister of Defence; 26. Barr James Ocholi (Kogi)  Minister of State, Labour & Employment; 27. Zainab Ahmed (Kaduna) Minister of State Budget and National Planning; 28. Okechukwu Enelamah (Abia) Minister of Trade, Investment & Industry; 29. Muhammadu Bello (Adamawa) Minister of Federal Capital Territory; 30. Mustapha Baba Shehuri (Bornu) Minister of State, Power; 31. Aisha Abubakar (Sokoto) Minister of State, Trade & Investment;32. Heineken Lokpobiri (Bayelsa) Minister of State, Agriculture; 33. Adamu Adamu (Bauchi) Minister of Education; 34. Isaac Adewole (Osun) Minister of Health; 35. Abubakar Bawa Bwari (Niger) Minister of State, Solid Minerals; 36. Pastor Usani Uguru (Cross River) Minister of Niger Delta.

With the capable assistance of Mr. Ibe Kachikwu, President Muhammadu Buhari oversights the Ministry of Petroleum Resources as substantive minister to ensure that all sensitive issues and grey areas that have doggedly ridiculed the industry, were handled with utmost high level attention and sagacity required. As at the time of this publication, Late Minister of State, Labour, Barr. James Ocholi (Kogi), was yet to be replaced. May his good soul rest in perfect peace with the Lord, amen.

...THE RACE IS NOT TO THE SWIFT, NOR THE BATTLE TO THE STRONG...
On Friday, 12th November, 2016, - two days after its 52nd  meeting - the Federal Executive Council, clocked exactly 365 days in office having weathered through extremely rough and stormy seas of political opposition of all of its professionally well-calculated moves to ensure smooth transition from a battered economy to avoid a glaring recession which was bound to result from a culture of mismanagement and wastages by past administrations - especially of the Peoples Democratic Party (PDP), 1999-2015!
The cabinet had been dogged, consistent, focused and resilient in its commitment to ensuring that all strategic economic policies were executed to the letter with the tacit support of the Private Sector and the Stock Exchange to keep the economy on course as business partners in spite of all distractions by the detractors of government. At that meeting of Wednesday 10th November, 2016, at the Presidential Villa, Abuja, the President charged his ministers " to work harder to endear themselves to Nigerians" as he reviewed the progress, sundry challenges and social commitments of the cabinet to the people in one year.
Some members of the cabinet - especially those of the Economic Team - had severally been castigated for non- performance and classified as being unfit to hold their portfolios because of the recession which is gradually receding through meticulous strategies that have been applied. This cabinet deserves the commendation of all well-meaning Nigerians because it hit the ground running to mitigate all glaring symptoms that had manifested by placing greater emphasis on capital expenditure in the Rail and Ports Sectors to lessen the burden of roads dilapidation caused through commodities transportation across the wide terrain of the country. The 2016 deficit Budget had been implemented with available funds but MUST need to borrow in order to achieve commensurable and commendable percentage.

Below are Details of Money Released for 2016 Budget by Federal Government as released by the Ministry of Budget and National Planning:
"THE Federal Government has released the sectoral performance details of capital allocations in the 2016 Appropriation Act for the different ministries, departments and agencies (MDAs) as at the end of October, 2016. The Minister of Budget and National Planning, Udoma Udoma, said on Friday, 12th November,2016,  that government had spent about N3.577 trillion, or 58.7 per cent of the N6.06 trillion 2016 budget.
The amount included a total of N2.44 trillion for capital, non-debt recurrent and service-wide vote expenditures, in addition to about N1.14 trillion, or 46.7 per cent paid out to service domestic and foreign debts. The total expenditure also included about N44billion transferred to the Sinking Fund to retire maturing obligations on bonds issued to contractors handling various projects across the country. He said all the releases had been cash-backed. In terms of performance, the minister said this translated to 79 per cent, in terms of the pro-rated budget allocation for the three quarters up to September 30, 2016. Mr. Udoma described a total of N753.6 billion already released for capital expenditure in 2016 out of a total allocation of N1.8 trillion allocation approved for capital expenditure as the highest in the nation’s recent history, even in the era of low oil prices.

Details of the capital releases from the Federal Ministry of Finance headquarters showed the Ministry of Power with the highest allocation of N209.25 billion, followed by defence (N69.5 billion), and transport (N30.54 billion). The Ministry of Agriculture has so far received N29.58 billion; water resources (N25.2 billion); interior (N21.2 billion); health (N18.47 billion); education (N16.74 billion) and Niger Delta (N8.16 billion). The other ministries included science and technology (N6.68 billion), mines and steel development (N3.36 billion), petroleum resources (N2.414 billion) and other agencies (N312.5 billion)."

Nigeria's Senate rejection of $ 29.96 billion foreign to fund all capital projects as enunciated by the Federal Government should not be further delayed if members of the hallowed chambers were true democrats because the process could be overtaken by further inflation since recession was not limited to Nigeria alone! Much as we would want to agree with those who had canvassed that all recovered looted funds should be pumped into the economy without foreign loan indebtedness, they should be informed that there are fiscal principles and financial due process that must be followed before such monies could be touched and also that when all righteousness must have fulfilled, those funds would then be deployed to refund borrowed loans!
In addition, we believe that the Federal Government stood the following advantages if it borrowed without futher delay while the country was still in recession:
1. A moratorium concession to pay back between 5 - 10 years and at lesser exchange rates, since it is believed that recession and inflation would have fizzled out and had been accorded its rightful place in the archives of history;
2. There are predictions by some economists that inflation rate could go higher and into the year 2017, but we believe that with all economic measures already put in place by President Buhari's Administration with the support of the National Economic Council (NEC), through diversification to the agricultural, solid mineral resources, manufacturing, entertainment, tourist and film industries, etc, the recession and inflation would both disappear together!

For instance, inflationary cost of grains like rice, beans, corn, etc are believed to be gradually receding and before the advent of the new year, according to the Minister of Agriculture, massive harvests that would drown HOARDERS STOCK, would flood all markets across the nation to stamp out the unacceptable cost inflation forced upon the poor masses by Nigerian Shylocks who had no qualms in respect of the pains, hardships and sufferings of the downtrodden who could hardly make a meal per day.
"God cannot be deceived, whatever a man soweth, that he shall reap."

Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to:  facebook.com/zionfaithbible.believingchurch or http://www.zfbbc1.blogspot.com, https://www.google.com/+zionfaithbiblebelievingchurch.

If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray this prayer: Lord Jesus; I confess that I am a sinner who needs to be saved through the grace of the New Testament of your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations.

I am, yours sincerely, Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08098194390.  08080243066   g-mail- dvdolufon@gmail.com.

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