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We’re Targeting N5.9trn Revenue In 2021, FIRS Confirms

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The Chairman, Federal Inland Revenue Service (FIRS), Mohammed Nami, yesterday, placed their revenue projection for 2021at N5.9trillion.
Nami made the disclosure while meeting with the House of Representatives Committee on Finance led by Hon. James Falake on the Service’s 2021 budget defence and consideration of its proposed Revenue and Expenditure Estimates.
Out of the proposed figure, the chairman said that non-oil and oil components were expected to generate N4.26trillion and N1.64trillion, respectively.
He, however, put the cost of collecting the projected revenue at N289.25billion against the budgeted N180.76billion in 2020 to fund the three operational expenditure heads for the year.
He said: “Out of the proposed expenditure of N289.25billion across the three expenditure heads, the sum of N147.08billion and N94.97billion are to be expended on Personnel and Overhead Costs against 2020 budgeted sum of N97.36billion and N43.64billion, respectively.
Also, the sum of N47.19billion is estimated to be expended on capital items against the budgeted sum of N27.80billion in 2020.
The sum is to cater for on-going and new projects for effective revenue drive”.
Speaking on while the agency failed to realize the expected N5trillion targeted in 2020, Nami said that the lockdown occasioned by the Covid-19 pandemic and the #EndSARS protests affected the drive for taxes.
Responding to a query by the committee on why there was an increase in the recurrent expenditures of the service for 2021, Nami attributed to the new salary structure occasioned by the recruitment of more staff.
He said there were about 1,800 staff recruited by the erstwhile management between 2019 and 2020, adding that the service also carried of about 500 members of staff.
“There’s lockdown effect on businesses, implementation directive also for us to study, research best practices on tax administration which involves travelling to overseas and we also have to expand offices and create offices more at rural areas to get closer to the taxpayers, we pay rent for those offices and this could be the reason why all these things went up.
“And if you have more staff surely, their salary will go up, taxes that you’re going to pay on their behalf will go up, the National Housing Fund and PENCOM contribution will go up. Those promoted you have to implement a new salary regime for them. There’s also the issue of inflation and exchange rate differential”, he said.
The chairman, however, gave hints of a marginal reduction in the taxable income of taxpayers due to the effect of the Covid-19 pandemic, ruling out a new recruitment exercise this year.
Earlier, members of the committee had queried the increase in the budget and demanded an explanation on the shortfall in the 2020 revenue projection.

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NELFUND Warns Students Against Fake Loan Portal

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The Nigerian Education Loan Fund has alerted the public to a fraudulent message circulating online, claiming that the NELFUND Student Loan Registration Portal is open.

The message directs applicants to a third-party link (http://gvly.xyz/Nelfund-Student-Loan, which NELFUND confirms is unauthorised and fraudulent.

In a post obtained from its X handle, yesterday, NELFUND urged students and the general public not to click on the link or provide any personal information, emphasising that the official loan registration portal is only accessible through the Fund’s verified channels.

The agency reminded applicants to exercise caution online and to report any suspicious links or communications claiming to be from NELFUND.

“Applicants are encouraged to always verify official announcements via NELFUND’s official website and social media channels,” NELFUND said.

This advisory comes as part of NELFUND’s ongoing efforts to safeguard students and ensure the integrity of the student loan application process.

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Eastern Port  Police Boss Promises On Crime-Free Operations 

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The new Commissioner of Police Eastern, Ports Command, Mr Tijani Fatai has promised to ensure a crime- free ports operations in the zone.
He said effective policing will be mounted across the ports in the zone in tackling the high rate of community unrest, activities of port rats  and other social vices.
Fatai while speaking to newsmen shortly after taking over as the 17th commissioner said he wants to be remembered as a peace maker during his tenure as Commissioner of Police in the Eastern Ports Command.
According to him,’’the community policing is the sure way of addressing most conflicts and other social vices bedeviling our society today and I will explore it to its fullest” .
The Commissioner also assured officers  of the rank and file of improved welfare whoch he described as a cardinal objective of the present efforts of the Inspector General of Police (IGP).
He said,” the Inspector General of Police has sent me to assure you all of welfare, promotions as and when due,no  officers particular rank and file will be left behind in the coming months.
Fatai before his recent posting was an operational officer,who spent most of his years with the Police Mobile Force (PMF) where he served as Unit Commander (UC) and Commander, PMF.
Before his redeployment as a Commissioner of Police,(CP), he was the Deputy Commissioner of Police, Operations, DCP, Operations, Lagos State Command.

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Kalabaris Celebrate New Year Amid Fanfare

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Thousands of Kalabari indigenes from Akuku- Toru, Asari-Toru, Degema and Port Harcourt City Local Government Areas last Sunday gathered at Elem Kalabari in Degema Local Government Area to celebrate what they said is the Kalabari new year amidst pomp and pageantry
According to stakeholders, the event which started over 200 years ago normally falls on the 16th of November every year.
The of this year’s celebration which was organised by Kalabari Renaissance Foundation was “Our Heritage, Honouring Our Waters and Renewing Our Spirit.”
Stakeholders said this year’s celebration was symbolic as it was holding at Elem Kalabari which is the home of the Kalabari people.
The event also featured various masquerade displays from cultural troupes within Kalabari and beyond.
Speaking on the significance of the event, the Amanyanabo of Elem Kalabari (The Source), HRH Mujahid Asari Dokubo,  said the celebration signaled a return to the traditional values of the Kalabari people and the need for self-recreation.
“It’s not just about celebration, It’s about recreating ourselves, bringing us back from death.
“The organisation that has come to take over this celebration – Renaissance – really fits the description of what ought to happen to us as a people.
“It’s not just Kalabari; it’s about all of us and our values. We have to look at ourselves and our values,” he said.
Dokubo called on all Kalabari citizens to join hands together to revive their traditional values and heritage in order not to lose  their cultural identity and spiritual trajectory.
Also speaking, Harry Awolayeofori MacMorrison,  Chief Administrator and Chairman of Kalabari Renaissance Foundation, organizsers of the Kalabari new year festival, said the event marks  the beginning of a new calendar year for the Kalabari people, after November 15 of every year when the tide cleanses the pollution from the Sombreiro River inflows, describing it as a renewal of the Kalabari people.
“It’s the renewal of the people. Kalabari area is saline environment and at a time, the Sombreiro River comes in and pollutes the river.
“On the 15th November, across Kalabari, the tide turns and takes all the fresh water that polluted the saline river back to the Sombreiro River
. “On the 15th is the end of the year. Normally when there is an end, there is a new beginning. On the 16th (November) is the beginning of the Kalabari calendar,” he said.
Awolayeofori Mac Morrison said the Kalabari communities had been holding the new year festival separately in the past until the  Renaissance Foundation decided to champion a unified celebration to enable them forge a common front of trado-cultural and socio-economic development across the entire territory.
He said last year’s event held at Abalama while they decided to bring this year’s celebration to Elem Kalabari because of it significance to the Kalabari nation.
Also speaking, a member of the planning committee and media lead, Journalist Ibiba Don Pedro, said there was need to reawaken the consciousness of their people on the need to embrace their traditional values without reservations, noting that there was nothing fetish about the festival.
She said the celebration was to unite the Kalabaris as well as project the cultural heritage of the people.
Don Pedro said time has come for Africa to go back to their root , adding that development will continue to elude African countries until the people rediscover themselves.

 

By: John Bibor, Afini Awajiokikpom, Joseph Miabari Joan, Michael Kingdom & Mary Barugu

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