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FAAC: FG, States, LGs Share N559.101bn For Dec 2011

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The federal, state and local governments shared N559.101 billion from the Federation Account for December 2011, the Minister of State for Finance, Dr Yerima Ngama, has announced.

Ngama made the announcement while briefing newsmen on Monday after the meeting of the Federation Accounts Allocation Committee (FAAC) in Abuja.

He said the federal government approved the amount for the three tiers of government.

The minister however said due to the late arrival of the figures, FAAC was not able to compute the breakdown of the total revenue to be distributed to the tiers.

“But by Tuesday morning, the breakdown of the figures would be distributed and made known to the public,” he said.

Ngama said the strike called by the organised labour had affected the speed with which some of the information needed was to be gathered for FAAC.

“This is as regards especially the information on internally generated revenue and Value Added Tax (VAT),” he said.

The minister pointed out that it was while the committee was still meeting that it received the confirmation of the total VAT collection for December.

“The figure of N57.1billion for this was received from the Office of the Accountant General of the Federation as we were meeting,” he said.

Ngama assured Nigerians that the funds would be credited to the accounts of the various beneficiaries as soon as possible after work fully resumes on Tuesday.

He said the FAAC meeting needed to hold urgently after the strike as a result of President Goodluck Jonathan’s pronouncement on workers’ salaries.

Our correspondent reports that Jonathan had on January 4 directed FAAC to meet on or before January 15.

He had said this was to ensure that workers’ January salaries were paid on or before January 20.

While speaking on the funds to be realised from the partial removal of fuel subsidy, Ngama said the federal government was hopeful of realising its objectives.

“We do hope this year will be a prosperous year and we are happy that we are all united in ensuring this.

“We are hopeful that the entire various programmes we have developed and which we have discussed with the commissioners will be implemented successfully, particularly the SURE programme.

“We have asked the state commissioners to go and draw their own programmes from the revised amount that will be made known to them on the subsidy savings in order to ensure that our people get the benefit of the deregulation that we are embarking upon,” he said.

The minister said the committee had already computed the savings from the subsidy removal, as well as what the savings would have been.

“But due to Monday’s change in the price of fuel, which has now made it partial deregulation and not full deregulation, the committee has to do the computation again,” he said.

Ngama however disclosed that the National Assembly would have to approve the allocation of the funds as a supplementary budget before the subsidy savings could be shared.

He also disclosed that the Accountant-General of the Federation had effected the 25 per cent reduction in basic salaries of political office-holders in the executive arm of government.

Our correspondent reports that Jonathan had on January 7 announced the 25 per cent cut.

The Minister of State for Finance then allayed fears on the country’s financial status.

“The total foreign reserve of Nigeria is over N32 billion US dollars, and a country with a foreign reserve of this amount cannot be a poor country but a rich country,” he said.

Ngama lamented that Nigeria has over 600 unfinished projects, saying Nigeria would have needed to borrow to actually finish some of the road projects in the country, such as the Abuja-Lokoja Road.

“This particular project has been on for over five years, and in order to accelerate the development of the country, we need to actually block out all inefficiencies,” he said.

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Three Judges Suspended As NJC Voids Imo Acting CJ’s Appointment

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The National Judicial Council has declared the appointment of  Justice Theophilus Nzeukwu as acting Chief Judge of Imo State void, directing the Governor of Imo State, Senator Hope Uzodinma, to immediately reverse the decision and appoint the most senior judicial officer in the State in line with the provisions of the 1999 Constitution.
The decision was part of the resolutions taken at the NJC’s 108th meeting held on April 29 and 30, 2025, under the chairmanship of the Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun.
In a statement released by the Council’s Deputy Director of Information, Kemi Ogedengbe Babalola, the NJC  “directed the Imo State Governor, Senator Hope Uzodinma to appoint the most senior judicial officer in the state High Court’s hierarchy as the acting Chief Judge of the state in conformity with Section 271 (4) of the Constitution of the Federal Republic of Nigeria, 1999 (as amended).”
Citing the constitutional provision, the NJC stated:”If the office of the Chief Judge of a state is vacant or if the person holding the office is for any reason unable to perform the functions of the office, then, until a person has been appointed to and has assumed the functions of that office, or until the person holding the office has resumed those functions, the governor shall appoint the most senior Judge of the High Court to perform those functions.”
The Council further directed Justice Nzeukwu to show cause within seven days why disciplinary action should not be taken against him for presenting himself to be sworn in as acting Chief Judge of Imo State, contrary to constitutional stipulations.
It also took disciplinary measures against the President of the Customary Court of Appeal, Imo State,  Justice V. U. Okorie, who presided over the Judicial Service Commission (meeting that recommended Justice Nzeukwu’s appointment.
Justice Okorie was similarly asked to also show cause within seven days “why disciplinary action should not be taken against him for his complicity in the recommendation.”
In a broader move targeting judicial misconduct, the NJC suspended three judicial officers, including a sitting Justice of the Court of Appeal, for one year without pay.
Among those sanctioned is Justice Jane  Inyang of the Court of Appeal, Uyo Division, who was found to have abused her office while serving as a judge of the Federal High Court, Uyo Judicial Division.
The NJC said,”Hon. Justice Jane E. Inyang was found to have abused his office by issuing inappropriate ex parte orders for the sale of Hon. Udeme Esset’s petrol station and other businesses at interlocutory stage of the case.”
According to the NJC, Justice Inyang’s actions were found to be in breach of Rule 3(5) of the Revised Code of Conduct for Judicial Officers.
The misconduct took place in Suit No. FHC/UY/CS/46/2023 before her elevation to the Court of Appeal.

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Tinubu Orders Security Chiefs To Restore Peace In Plateau, Benue, Borno

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President Bola Tinubu has ordered a security outreach to the hotbeds of recent killings in Plateau, Benue and Borno States, to restore peace to areas wracked by mass killings and bomb attacks.
National Security Adviser, Nuhu Ribadu, disclosed this to State House correspondents after a four-hour security briefing with the President at the Aso Rock Villa, Abuja on Wednesday.
“We listened and we took instructions from him. We got new directives…to go meet with the political authorities there,” Ribadu told reporters, adding that Tinubu directed them to engage state-level authorities in the worst-hit regions.
Director-General, National Intelligence Agency, Mohammed Mohammed; Chief Defence Intelligence of the Nigerian Army, Gen. Emmanuel Undianeye; Director-General, Department of State Services, Oluwatosin Ajayi and Chief of Staff to the President, Femi Gbajabiamila, appeared for the briefing.
The Tide’s source reports that in Plateau State, inter-communal violence between predominantly Christian farmers and nomadic herders spiralled into gory slaughter when gunmen stormed Zikke village in Bassa Local Government early on April 14, killing at least 51 people and razing homes in a single night.
In Benue, at least 56 people were killed in Logo and Gbagir after twin assaults blamed on armed herders.
Meanwhile, in Borno State, eight passengers perished and scores were injured when an improvised explosive device ripped through a bus on the Damboa–Maiduguri highway on April 12.
Ribadu explained that after an extensive briefing, intelligence chiefs received fresh instructions to restore peace, security and stability across Nigeria.
“In particular, Tinubu had ordered immediate outreach to the political authorities in Plateau, Benue and Borno States, and the defence team had gone round those States to carry out his directives and report back.
“We gave him an update on what has been the case and what is going on, and even when he was out there, before coming back, he was constantly in touch. He was giving directives. He was following developments, and we, in charge of the security, got the opportunity today to come and brief him properly for hours. And it was exhaustive.
“We listened and we took instructions from him. We got new directives. The fact is, Mr. President is insisting and working so hard to ensure that we have peace, security and stability in our country. We gave him an update on what is going on, and we also assured him that work is ongoing and continues.
“We also carried out his instructions. We went round, the chiefs were all out where we had these incidents of insecurity in Plateau State, Benue State, even Borno, these particular three states, and we gave him feedback, because he directed us to go meet with the political authorities there,” the NSA explained.
Ribadu described Tinubu as “worried and concerned,” and said he directed that all security arms be deployed around the clock.
The government, he added, believes these steps have already produced measurable improvements, even if the situation is not yet 100 per cent safe and secure.
“He’s so worried and concerned, he insisted that enough is enough, and we are working and to ensure that we restore peace and security and all of us are there. The armed forces are there, the Civil Police, intelligence communities, they are there.
“They are working there 24 hours, and we feel that we have done enough to believe that we are on the right course, and we’ll be able to be on top of things,” Ribadu stated.
The NSA emphasised that combating insecurity was not solely a Federal Government responsibility.
He stated, “The issue of insecurity often is not just for the government. It involves the subunits. They are the ones who are directly with the people, especially if some of the challenges are more or less bordering on community problems.
“Not entirely everything is that, but of course it also plays a significant role. You need to work with the communities, the local governments, and the governors, especially the governors.
“The President will continue to direct that. We should be doing that, and that’s what we are able to. We are very happy and very satisfied with the instructions and directives given by Mr. President this evening.”
In Borno State, the NSA noted that while violence had surged in recent months, the insurgents refused to accept defeat.
He warned that most recent casualties there resulted from improvised explosive devices—”cowardly” IED attacks targeting civilians—and from opportunistic raids that follow any lull in fighting.
“We are getting the cooperation of the leadership at the state level, and everybody. It’s not 100 per cent…but we are going there.
“When you are having peace and you are beginning to get used to it, if one bad incident happens, you forget the periods that you enjoyed peacefully,” he added.
He paid tribute to the “many who do not sleep, who walk throughout, who do not go for any break or holiday”—the soldiers, police and intelligence officers whose sacrifices have created the fragile calm Nigerians now experience.
“They will continue to be there,” he said, adding, “Things have changed in this country…we are on the right track and we will not relent. We will not sit down; we will not stop until we are able to achieve results.”

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FG Laments Low Patronage Of Made-In-Nigeria Products

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A Federal Government agency – the National Agency for Science and Engineering Infrastructure, has decried the low patronage of Nigerian-made products by Nigerians.
The agency identified some challenges leading to the low patronage of the local products as affordability and public perception, among others.
Speaking during a stakeholders meeting organised by the agency in Akure, Ondo State capital, yesterday, the Deputy Director of Engineering at NASENI, Mr Joseph Alasoluyi, said Nigerians preferred buying foreign goods compared to local goods.
Alasoluyi, however disclosed that the agency had trained over 50 participants in the production of hand-made products, in a bid to ensure Nigeria-made products are patronised.
He explained that NASENI was set up to promote science, technology, and engineering as a foundation for Nigeria’s development and currently operates 12 institutes nationwide to achieve its objectives.
According to him, the aim of President Bola Tinubu, who is also the overall chairman of NASENI, was to ensure high production and patronage of “our local products thereby creating employment opportunities for many.”
He said, “The idea of this programme is to interface to ensure we produce products using our indigenous technology. This is what NASENI is out for, to ensure that homegrown technologies are encouraged.
“We are out there to ensure we integrate efforts to ensure that local technology is used to develop products within the resources we have.
“ The NASENI’s ‘3 Cs’ – Creation, Collaboration, and Commercialisation – that define NASENI’s strategic mandate: Creating innovations through research, Collaborating with partners to develop and refine products, and Commercialising these solutions to benefit the economy.
“Our achievements include the development of solar irrigation systems, CNG conversion centres, building machines capable of producing up to 1,000 blocks per hour, 10-inch tablets, locally made laptops, and electric tricycles (Keke Napep) set for market launch.”
In his remarks, the Deputy Vice Chancellor of the Federal University of Technology, Akure, Prof. Samuel Oluyamo, blamed the Federal Government for not properly funding research in the varsities, also noting that many research outputs were left halfway due to lack of funding and weak linkages between research institutions and industry.
Oluyamo also queried the Federal Government’s commitment to funding research and development, saying many academic innovations remained on the shelve due to a lack of support for commercialisation and poor infrastructure.
“Until we upscale research into mass production, technological growth will remain elusive. The government is not funding research in the universities enough. Thank God for TETfund that is trying in this regime. The major interest in beefing up research in universities and research institutions is really not there,” he said.

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