News
States Get N9.6trn From FAAC
In spite of state governors’ claims of paucity of funds to pay workers’ salaries and run their governments, it has emerged that state governments received well over N9,629,440,575,160.42 in the last four years.
That figure represented 26.72 per cent of their share from the Federation Account and proceeds of the Value Added Tax (VAT).
State governors also received a separate 20.60 per cent of the Federation Account revenue as well as the local governments’ share of the VAT, in accordance with the Joint Accounts Provisions of the Constitution.
The local governments were allocated an average of about N120 million each within the period under review but the funds were usually “annexed” by governors who gave local government chairmen whatever amounts they (governors) liked.
The figure was also separate from the states’ internally generated revenue. The amount varies from state to state.
An analysis of the receipts by geopolitical zones indicated that the oil-rich South-South got the highest revenue from the central coffer with N3,435,082,465,812.34, followed by the North-West region which got N1,589,955,159,981.08.
South-West came third with N1,372,266,936,693.85, followed by the North-East which received N1,159,089,156,240.80.
The North-Central and the South-East got the least allocations among the regions. North Central got N1,116, 758, 071, 909.96; while the South East kept the rear with N 957, 248, 784, 523.49.
On a state-by-state basis, Akwa Ibom had the highest allocation of N932 billion; Rivers, N792billion; Delta, N 714billion; Bayelsa was fourth on the line with N587billion.
Lagos and Kano had the highest allocations among the non-oil producing states. They had N404.3billion and N303.3billion, respectively.
Others were: Kaduna, N286billion; Ondo, N259.507billion; Kastina N229.702billion; Borno, N226.802billion; Oyo, N218. 223billion; Enugu, N216.612billion; Edo, N214.288billion; Bauchi, N 214.135billion; Imo, N208. 208billion; Jigawa, N202. 792billion; Niger, N201.844billion; Plateau, N197.623billion; Abia, N195.963billion; Cross River, N195. 937billion; and Anambra, N 195.862billion.
The rest were: Sokoto, N194.813billion; Benue, N194.260billion; Kogi, N193.865billion; Kebbi, N192. 902billion; Adamawa, N188.487billion; Ogun, N187.787billion; Yobe, N186. 674billion; Taraba, N185.573billion; Zamfara, N180. 473billion; Kwara, N170. 413billion; Nasarawa, N157.790billion; Gombe, N157.415billion; Osun, N154. 780billion; and Ekiti, N147.691billion.
Ebonyi State had the least allocation of N140.602billion but interestingly was one of the states that regularly paid its workers’ salaries.
A report of the Nigeria Labour Congress (NLC), last month indicated that most of the 36 states of the federation were owing workers’ salaries arrears with some owing as much as seven months.
States that were up to date in the payment of their salaries were: Adamawa, Anambra, Bayelsa, Borno, Delta, Edo, Gombe, Kaduna, Kwara, Lagos, Nasarawa, Niger, Sokoto, Taraba and Ebonyi.
The plight of local government workers is the worst, as some of them have not been paid for well over eight months.
News
HYPREP Plans 1,500 Jobs, Expanded Skills Training as Ogoni Cleanup Records Progress
News
RHI, RSG Empower 500 Senior Citizens In Rivers
The Renewed Hope Initiative in conjunction with the Rivers State Government has empowered 500 elderly citizens in Rivers State with financial support of N200,000 each.
The empowerment programme was part of activities to celebrate the third anniversary of the Renewed Hope Initiative Elderly Support Scheme RHIESS, a social investment policy initiated by the First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu.
Speaking at the event which held at the Government House, Port Harcourt, recently, under the theme, ‘Finding Joy in Old Age,’ Senator Tinubu said the gesture which has become traditional since 2023 was a mark of gratitude in recognition of the invaluable contributions of the senior citizens to nation building.
The First Lady who was represented by the wife of the Rivers State Governor and State Coordinator of the Renewed Hope Initiative, Lady Valerie Fubara, said the scheme was to “support two hundred and fifty (250) vulnerable elderly citizens aged 65 and above in all the 36 states of the federation, the Federal Capital Territory, and veterans from the Defence and Police Officers’ Wives Association (DEPOWA) totalling 9,500 selected beneficiaries across the nation.
She urged the beneficiaries to engage in activities that will make them find joy in old age.
“I encourage you to continue playing your part by staying healthy and active, nurture both your body and mind through regular exercise and meaningful engagement,” Senator Tinubu advised.
On her part, Lady Fubara said the State Government through the magnanimity of the governor, Sir Siminalayi Fubara, has increased the beneficiaries of the programme from 250 to 500.
She restated the commitment of the State Government towards provision of social welfare and improving the standard of living of the elderly in the State.
Also speaking, the Executive Secretary, Rivers State Contributory Health Protection Programme (RIVCHPP), Dr Vetty Agala, said the State Government has through the Health4allrivers Initiative, introduced free medical care for senior citizens in the State, in line with the Renewed Hope Initiative.
News
Expedite Action On MBA Forex Operator’s Prosecution, Rivers NUJ Tells EFCC
The Nigeria Union of Journalists (NUJ), Rivers State Council, has urged the Economic and Financial Crimes Commission (EFCC) to expedite the prosecution of the Director of the now distressed MBA Forex Trading, Mr. Maxwell Odum, in the interest of justice.
The Rivers State NUJ made the appeal during a courtesy visit to the EFFC’s Ag. Zonal Director, ACE Hassan Saidu, in Port Harcourt, recently.
The council’s chairman, Comrade Paul Bazia, said the appeal became imperative after it considered the number of Nigerians and others involved in the financial misconduct.
According to him, it has caused hardship among many households in the country and should be given the attention it deserves.
He said that investors cannot come into a country or invest in an economy or nation ridden with fraud.
This, he said, has made it more imperative to arrest, prosecute and convict alleged fraudsters like the MBA Forex Director, who is alleged to have defrauded thousands of unsuspecting Nigerians, to serve as a deterrent to others.
The chairman also requested that while the trial lasts, part of the swindled funds should be given to the victims that suffered loss and trauma as a result of the fraud.
The NUJ reiterated its resolve to change the narrative of reportage from crisis to developmental communication.
According to him, the NUJ’s main focus is blue economy and tourism.
He expressed the readiness of the Council to partner the agency in the area of information dissemination.
“We believe you have a responsibility to fight financial crimes. We also know that you need the Press to publicize your activities and NUJ can provide that,” he said.
Responding, the Zonal EFFC’s boss commended the NUJ’s vision to change the narrative of reporting from crisis to developmental communication.
According to Saidu, the Western world have since imbibed such culture, hence the negative stories about them are carefully sifted to allow only positive ones to be released to the outside world.
As for the trapped funds to be released, the EFCC Zonal Director stated that only the court can authorize such action, stressing that the primary responsibility of the Commission is to arrest and prosecute.
He pledged to partner with the NUJ now that the leadership has visited the Commission.
The Head of the Legal & Prosecution Department, DCE Odiase Stephen, corroborated the Zonal Director’s position and stressed that it was only when the matter has been determined by the court that such funds can be released.
He further stated that once a matter is before a court of competent jurisdiction, it cannot be discussed outside.
By: King Onunwor
-
News4 days agoRSIPA Outlines Plans To Boost Investors’ Confidence …China Applauds Fubara As Listening Gov
-
Politics1 day ago
Alleged Tax Law Changes Risk Eroding Public Trust — CISLAC
-
Maritime1 day agoImo Category C Victory: NIMASA Staff Host Executive Management Party
-
Politics1 day ago
DEFECTION: FUBARA HAS ENDED SPECULATIONS ABOUT POLITICAL FUTURE — NWOGU
-
Politics1 day ago
HILDA DOKUBO ASSUMES CHAIRMANSHIP, DENIES FACTIONS IN RIVERS LP
-
Rivers1 day ago
Group Urges LGA Chairmen To Prioritise Accountability, People-Centred Governance
-
Maritime1 day agoStakeholders Advocate Legal Framework For NSW Project
-
Sports1 day ago
New Four Yr Calendar For AFCON
