The Federation Account Allocation Committee (FAAC), at its September 2024 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.203 Trillion to the three tiers of government as Federation Allocation for the month of August, 2024 from a gross total of N2.278 Trillion. From the stated amount inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Electronic Money Transfer Levy (EMTL) and Exchange Difference (ED), the Federal Government received N374.925 Billion, the States received N422.861 Billion, the…
Month: September 2024
BREAKING: Yahaya Bello finally honours EFCC invitation after 5 months
Former Kogi Governor Yahaya Bello has agreed to honour the invitation of the Economic and Financial Crimes Commission (EFCC) over alleged N80.2bn fraud. A statement by the Director, Yahaya Bello Media Office, Ohiare Michael on Wednesday, said Bello has honoured the invitation of the EFCC “after due consultations with his family, legal team and political allies.” The statement said, “The former Governor, who has great respect for the rule of law and constituted authority, had, all the while, only sought the enforcement of his fundamental rights in order…
UBEC; Transforming Basic Education through more funding, BY ABUBAKAR YUSUF
The clamour for more funding to Basic Education and by extension Education subsector from both the public and by extension the private sector in the country has began to yield positive results. This was occasioned by the recent upward review and impressive assessment of the matching grants by the sub national to improve Basic Education, Infrastructure, manpower development among many others towards the progress and development of Basic Education in Nigeria. The yearly counterpart funding arrangements between the federal and state government got a 100% increment in 2024…
Dangote Refinery: Clark applauds Aliko Dangote urges President Tinubu to sustain support for local refineries
An Elderstateman and National Leader, Pan Niger Delta Forum,Chief Sen. Dr. E. K. Clark,on behalf of the people of the South South geopolitical zone, has extended congratulations and commendation to Alhaji Aliko Dangote, on the successful completion of the Dangote Refinery and the rollout of Premium Motor Spirit (PMS) 3rd September 2024 and the commencement of supply to the entire country starting from 15th October, 2024. The foremost Niger Delta Leader,in statement he personally signed said It is clear to all Nigerians that Alhaji Dangote’s pioneering spirit and commitment…
Senators visit Maiduguri, donate N74m to flood victims
Senators of the Federal Republic of Nigeria have donated N74m to support the victims of the devastating flood that ravaged Maiduguri, the Borno State capital, last week. The Deputy President of the Senate, Senator Barau I Jibrin, disclosed this on behalf of the President of the Senate, Senator Godswill Obot Akpabio, when he led some senators to Maiduguri on Tuesday. Senator Barau said each of the 108 senators would donate N500,000 (N54m), while he personally announced the donation of N10m. The Northern Senators Forum also donated N10, totalling…
Flood Disaster: APRA commiserates with Nigerian, Cameroonian governments
The African Public Relations Association (APRA),has expressed deepest sympathy to the Governments and people of Nigeria and Cameroon over the overwhelming floods ravaging the countries, particularly the recent flooding in Borno State and other parts of the Northeast zone in Nigeria, as well as in Cameroon’s Far North Province, with severity in the city of Yagoua, the capital of Mayo Danay Department. APRA in a release signed by the Secretary General,Dr. Omoniyi Ibietan decried the occurrence of the distressing floods caused by the collapse of a dam in Maiduguri,…
It Is Illegal for NNPCL to fix prices of Dangote Petrol – Falana
Falana has said it is illegal for the state oil company, NNPCL to determine prices of Premium Motor Spirit also known as petrol after deregulation. Human rights lawyer, Femi Falana, SAN, stated that the National Nigeria Petroleum Company Limited (NNPCL) has confirmed its resolve to continue to sabotage the national economy through the reckless importation of cheaper petrol from foreign countries at a cost that the nation cannot afford, by selling the petrol produced by Dangote Refinery at a higher price. Falana said it is illegal for the…
Tuition Fee Hike: University Of Ibadan Students resort to Online Begging for Financial Assistance
Some students of the University of Ibadan, Oyo State have taken to social media to beg for financial assistance to pay their tuition, which was recently hiked by the school authorities. SaharaReporters reported in August that the students held massive protests to force the management to rescind its decision on the increment of school fees for the 2023/2024 academic session. It was gathered that fees were increased from N230,000 to N412,000, which triggered reactions from the students. Despite public demonstrations by the students and several interventions of…
Soludo swears in Law Mefor as new Commissioner for Information
The Governor of Anambra State, Chukwuma Charles Soludo has sworn in Dr Law Mefor as the new commissioner for information. The ceremony was performed at the State Executive Council Chambers, Government House, Awka. In a statement signed by his spokesman, Christian Aburime, Soludo said Dr. Mefor is assuming office at a time when the dissemination of accurate and timely information is more critical than ever before. According to Governor Soludo, the new information commissioner brings with him a wealth of experience and expertise that is expected to…
Borno Flood: House of Reps Delegation visits Maiduguri, donates ₦110m for Victims’ Support
A delegation from the House of Representatives, led by former House Leader, Rt. Hon. Alhassan Ado Doguwa, on Tuesday, visited Maiduguri, the Borno State capital, to commiserate with the Government and People of the North Eastern State following the devastating floods that affected several communities. The delegation of lawmakers from the House, representing all six geopolitical zones, included former Deputy Speaker Rt. Hon. Ahmed Idris Wase, Rep. Victor Nwokolo, Rep. Fred Agbedi, Rep. Sada Soli, Rep. Ademorin Kuye, Rep. Iduma Igariwey Enwo, Rep. Aminu Sani Jaji, Rep. Bashir Zubairu…