• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Government Get alternative financing, FG tells ICRC
  • Government

Get alternative financing, FG tells ICRC

By
Mohammed Manga
-
January 22, 2020
Interior Minister, Ogbeni Rauf Aregbesola
Interior Minister, Ogbeni Rauf Aregbesola

Get alternative financing, FG tells ICRC
In consideration of the huge cost of providing effective security services and infrastructure to Nigerians, the Federal Government has called on the Infrastructure Concession Regulatory Commission (ICRC) to seek alternative means of raising funds for government, so as to meet the developmental needs of the people.

The Minister of Interior, Ogbeni Rauf Aregbesola made the call today in his office in Abuja, while receiving a delegation from ICRC, led by its Director General, Engr. Chidi Izumah.

He said that Infrastructure Concession Regulatory Commission is central to the government’s desire to move the nation to the Next Level of socio-economic development.

Aregbesola stated further that the provision of internal security is capital intensive, as such there is urgent need for Agencies of Government to explore alternative means of financing internal security services, governmental projects as well as the needed infrastructural requirements of the citizenry.

“Your Agency will be held accountable by history, if you fail to look for alternative financing now,” the Minister stressed.

He commended the leadership of ICRC for its commitment to service, saying more hands must be on deck to support the administration of President Muhammadu Buhari to put a smile on the faces of millions of Nigerians who he said, are in dire need of government’s support.

Read Also:

  • Terrorist Commander Killed as Troops Thwart Infiltration in Mandara Mountains
  • Navy Hands Over Seized Smuggled Rice to Customs in Lagos
  • Insecurity: Tinubu Tells US, Europe State Police is Inevitable

Aregbesola added that the practice of Public Private Partnership (PPP) in the country is cost intensive and not enough to give hope to Nigerians, but to encourage a private sector-driven economy where government plays a supervisory role.

The Minister expressed optimism that the plan of his Ministry to transform the Custodial facilities of the Nigerian Correctional Service Centres to Enterprise Centres would further boost the economic drive of the Federal Government.

Earlier, the Permanent Secretary in the Ministry, Barr. Georgina Ehuriah MON, said the Ministry has been generating revenue for the government through its Expatriate Quotas and licensing of places of worship for statutory marriages, among others.

Ehuriah called on ICRC to support the Ministry and its Agencies in order to effectively achieve their mandates of providing internal security and promoting citizenship integrity.

In his remarks, the Director General, Infrastructure Concession Regulatory Commission, Engr. Chidi Izumah said, his team came to rejig its collaboration with the Ministry and its Agencies, so as to move the country to the next level of socio-economic development in line with the policy thrust of President Muhammadu Buhari Administration.

Izumah assured that the commitment of his Agency to the growth and development of Nigeria is ‘a cast in stone.’ Saying it would continue to encourage and seek alternative funding for government’s projects and programmes.
Signed
Mohammed Manga
Director (Press & Public Relations)
For: Honourable Minister

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Aregbesola
  • fg
  • ICRC
  • Security Services
Previous articleBoko Haram: Nigerian Military Repels Attack, Loses Army Officer, Seven Soldiers in Mainok
Next articleOil Theft: Navy Hands Over Vessel, Crew to EFCC
Mohammed Manga
Mohammed Manga
Xing

RELATED ARTICLESMORE FROM AUTHOR

(L-R) The Executive Secretary/CEO of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, the Minister of State for Industry, Senator John Owan Enoh, the Group Executive Director of BUA Foods, Alhaji Kabir Rabiu, and its Managing Director, Engr. Ayodele Abioye, during the Minister’s inspection visit to the Lafiagi Sugar Company (LASUCO).

Sugar Production: FG Tasks BUA on LASUCO Factory Completion

Senate Confirms Fani-Kayode, Omokri, Ex-INEC Chair, 61 Others as Ambassadors

DR Ike Neliaku NIPR President

NIPR President Rules Out Tenure Extension, Seeks Strong Legacy

HCSF, Didi Esther Walson-Jack

Federal Civil Service Deploys AI Tool Trained on Laws, Service Rules

President Bola Ahmed Tinubu

FG Approves Recruitment of 94,000 Personnel to Tackle Nationwide Insecurity

Banks to Enforce Tax ID Requirement for Income Earners from 2026 – FG 

Femi Fani-Kayode FFK

Ooni of Ife Hails Femi Fani-Kayode’s Ambassadorial Screening Success, Thanks President Tinubu

ICPC

No Raid on Amnesty International Office, ICPC Clarifies Misleading Report

Head of the Civil Service of the Federation (HoSF), Mrs. Didi Esther Walson-Jack,

Paper Files to Disappear From Ministries as FG Enforces Full Digital Switch

General Adamu Garba Laka

Kidnapping Now Major Funding Source for Terrorists, Says NCTC Boss

Tinubu Approves Firearms for Forest Guards in Sweeping Anti-Banditry Strategy

Pantami Urges Mandatory AI Education Across Nigerian Institutions

Recent Posts

  • Terrorist Commander Killed as Troops Thwart Infiltration in Mandara Mountains
  • Navy Hands Over Seized Smuggled Rice to Customs in Lagos
  • Insecurity: Tinubu Tells US, Europe State Police is Inevitable
  • Lagos Police Arrest Five Suspects for Faking Viral Kidnapping to Extort N4 Million from Mother
  • PSC Elevates 1 DIG, 7 AIGs, 13 CPs, Others in Major Police Promotion
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Terrorist Commander Killed as Troops Thwart Infiltration in Mandara MountainsNavy Hands Over Seized Smuggled Rice to Customs in LagosInsecurity: Tinubu Tells US, Europe State Police is InevitableLagos Police Arrest Five Suspects for Faking Viral Kidnapping to Extort N4 Million from MotherPSC Elevates 1 DIG, 7 AIGs, 13 CPs, Others in Major Police PromotionNAF’s Operational Success Depends on Training, Welfare — Air Marshal AnekeSugar Production: FG Tasks BUA on LASUCO Factory CompletionArmy Chief Orders Completion of Barracks Housing, Unveils Training Reforms, Post-Service Accommodation DriveNAFDAC Destroys Fake, Expired Products Worth Over N10bn in KanoSenate Confirms Fani-Kayode, Omokri, Ex-INEC Chair, 61 Others as AmbassadorsKwara Police Nab 3 Suspected Kidnappers, Recover  AmmunitionTroops Neutralise Terrorists, Recover Arms in Zamfara, Borno OperationsNIPR President Rules Out Tenure Extension, Seeks Strong LegacyPHOTO: FG Confirms Release of Detained NAF Aircraft, 11 Crew Members in Burkina FasoNigeria, EU Align to Strengthen Defence Engagements, Security Cooperation
X whatsapp