Only 38.5% Passed 2016 WASSCE– WAEC

The West African Examination Council (WAEC) has announced the release of the 2016 West African Senior Secondary School Certificate Examination (WASSCE) for private candidates, with only 38.5 per cent meeting the requirement of five credits, including English Language and Mathematics.

The Head of WAEC National Office, Olu Adenipekun announced the release of the results in Lagos yesterday.

According to Adenipekun, the results of the candidates were a remarkable improvement compared to similar results released for the 2014 and 2015 examinations whereby 29.37 per cent and 20.59 per cent obtained five credits, including English Language and Mathematics respectively.

A total number of 66,497 candidates, representing 38.50% who sat for the WASSCE for private candidates, obtained credits in five subjects and above, including English Language and mathematics.

Speaking at a press conference, Adenipekun stated that the performance of candidates who sat for the examination this year is far better than last year.

He disclosed that in 2014, 29.37% of candidates who sat for the examination obtained credits in 5 subjects and above while in 2015, 20.59% of candidates obtained credits in 5 subjects and above.

According to him, a total of 176,621 candidates registered for the examination this year, while a total of 172,699 candidates sat for the examination.

He disclosed however that the results of 13,488 candidates, representing 7.81% of the total candidates for the examination are being withheld in connection with various cases of examination malpractice.

He further disclosed that cases of examination malpractice were being investigated and the reports of the investigations will be presented to the appropriate committee of the council in due course for consideration.

He however pointed out that should the candidates be found guilty, their results will be withheld.

He also disclosed that 19 visually challenged candidates registered for and sat the examination in Nigeria, out of which four candidates, representing 21.05% obtained credits in 5 subjects, including English language and mathematics.

While expressing gratitude to the supervisors, invigilators, custodians and other personnel for their dedication to duty during the conduct of the examination, he informed that the results will be released to candidates within the next 24 hours.


Senate Passes Maritime University Bill, Shuns Amaechi

The bill for establishment of Nigerian Maritime University at Okerenkoko in Delta State, on Wednesday scaled second reading at the Senate, months after Minister of Transport, Rotimi Amaechi, announced scrapping of the project.

The bill sponsored by James Manager (PDP-Delta) was unanimously supported by the senators after the mover’s lead debate, making case for the establishment of the university.

The groundbreaking of the proposed school at Okerenkoko in Warri south-West local government area was done by former President Goodluck Jonathan in 2014 and, according to the Minister of State for Petroleum Resources, Ibe Kachikwu, physical asset were on site.

However, there has been no law backing the establishment of the university.

Addressing the senate committee on maritime on January 19, Mr. Amaechi had announced the scrapping of the project, which was to be financed by the Nigerian Maritime and Safety Administration Agency, a parastatal under his ministry.

Mr. Amaechi then cited insecurity in the area, and said the project was a “misplacement of priority” because there are transport institutes in Zaria (Kaduna), and Oron (Akwa Ibom), already.

Later on June 14 in Uyo, Akwa Ibom State, the Minister said the Federal Government lacked the funds to continue with school; and that unless the N13 billion spent on the procurement of the land for the project was retrieved, the project stood scrapped.

“Okerenkoko (Maritime University), I am not against,” he said. “My argument about Okerenkoko is that land alone is 13 billion(naira). If you give me 13 billion, I will buy the half of Lagos. That 13 billion has built the university already.”

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Senate Passes, Reduces 2016 Budget By N17bn

The Senate, on Wednesday, passed the 2016 Appropriation Bill and reduced the budget size from the initial N6.077trn presented to the  federal parliament  by President Muhammadu Buhari on December 23, 2015, to N6.060trn, a difference of N17bn.

The federal lawmakers approved the N1.587trn as the  capital expenditure portion of the budget and the recurrent expenditure of N2.646.3trn.

They also approved N351.37bn as Statutory transfers, N1.475.3trn for Debt Service, and N2.2trn for Fiscal deficit.

The federal parliamentarians also adopted the oil benchmark of $38; Crude production of 2.2000m barrel per day and the exchange rate of N197 to $1 for the implementation of the budget.

Explaining how the difference of N17bn was identified, Chairman, Senate Committee on Appropriation, Senator Danjuma Goje, admitted that the 2016 budget proposal contained a number of errors of omissions,  particularly in the area of personnel cost.

He said his committee therefore filled some of the gaps would could still raise serious concerns in the course of the year because there were many outstanding cases.

Senate President, Bukola Saraki, explained after the formal passage of the appropriation bill that his colleagues had done his part and requested the president to do the needful by signing it to law for immediate implementation.
Credit: Punch

National Assembly Passes N574.5bn Supplementary Budget

Both chambers of the National Assembly yesterday approved N574.5bn as 2015 supplementary appropriation budget.

The amount represents additional sum of N108bn to the N465.6bn originally requested for by President Muhammadu Buhari.

The N108bn difference is meant for the payment of fuel subsidy for the last quarter of this year.

Chairman, Senate Committee on Appropriation, Senator Danjuma Goje, stated that the N413bn earlier proposed for fuel subsidy claims in President Buhari’s letter of request, only covers N120.5bn 2014 arrears and N292.8bn as claims for January to September 2015, excluding the remaining three months of October, November and December 2015 .

He added that the increase also correspondingly increased the total aggregate expenditure of the 2015 budget from N4.9trn to N5.067trn.

Highlights of the N574.5bn supplementary budget aside the N521bn appropriated for fuel subsidy claims include N29.958bn for security votes against Boko Haram insurgency, N10.6 billion for allowances of outgone and incoming legislators and legislative aides at the National Assembly, N8.1bn for Nigerian Air Force and N5bn for Boko Haram victims support fund.

Credit: NationalMirror

Senate Passes N4.493 Trn 2015 Budget

The Senate, Tuesday, passed the sum of N4.493 trillion budget for the 2015 fiscal year, but with an increment of N51 billion above the estimate of N4.425 trillion submitted to the National Assembly by the Federal Government for approval.

This came as the Senate President, David Mark, tasked the executive to be prudent in the management of the nation’s resources.
The passage followed the adoption of the report of the Senate Committees on Appropriations and Finance on the 2015 Appropriation Bill, tabled before the Red Chamber by the Chairman, Senate Committee on Appropriation, Ahmed Maccido, APC, Sokoto North, during its plenary.

But Chairman, Senate Committee on Public Accounts, Ahmad Lawan, APC, Yobe North, hinted that in spite of the passage, the National Assembly was still expecting the President-elect, Muhammadu Buhari, to send a supplementary budget to the 8th Assembly, when he assumes power from May 29, 2015.

Lawan faulted the budget passed, saying there was no balance between capital allocation and recurrent expenditure proposed just as he said the budget was not implementable without supplementary from the incoming government to be headed by General Muhammadu Buhari.

But in his remark, after the passage, Senate President, David Mark, asked executive to be prudent in the management of resources in the country.

In the budget passed, there was no provision for fuel and kerosene subsidies in 2015 even as it increased the oil benchmark to $53 per barrel against the $52 per barrel, proposed by the executive. But it retained the crude oil production of 2.2782 million barrel per day just as it retained exchange rate of N190 to a United States dollar with also a deficit gross domestic product (GDP) of -1.12 per cent..

But it also reduced the N2,607,601,000,300 proposed by the executive to N2.607, 132,491,708 as recurrent expenditure and simultaneously scaled down the capital expenditure from N642,848,999,699 estimated in the proposal to N556,995,465,449.

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House Of Reps Passes 2015 Budget

The House of Representatives on Thursday passed the 2015 budget of N4.4 trillion with an appeal to the incoming administration to submit supplementary appropriation to boost capital allocation for development and job creation.

Rep. John Enoh (PDP- Cross River), Chairman, House Committee on Appropriation, said the supplementary appropriation became necessary due to the near zero vote for capital expenditure caused by the fall in oil revenue.

He said that almost all the Ministries, Departments and Agencies (MDAs), had zero allocation for capital projects in the 2015 appropriation.

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