Business
Revenue Allocation: IPAC Seeks More Funds For FG
The Inter-Party Advisory Council has called on the National Assembly to allocate more funds to the Federal Government during the review of the constitution.
Secretary of the council, Alhaji Mohammed Shittu, made the call in an interview with newsmen in Abuja on Sunday.
According to him, most of the funds being allocated to states have been misappropriated giving the impression that government at that level is not performing up to expectations.
He said the Federal Government had done better than state and local governments, adding that the achievements of the central government in the provision of infrastructure was better felt by the people than the other tiers of government.
On the issue of economic dependency, Shittu advised states to harness potentials within their domains.
According to him, every state in Nigeria has numerous resources to harness toward development of the people.
He said the constant distribution of funds through federation account had made some governors to be lazy.
“Every state in this country has potential to harness and become richer than some countries, but we decided to depend on the federation account.
“I will advise states to look inward and tap some of their resources to ensure they achieve optimum development without any recourse to the federal purse.
Shittu also canvassed for the scrapping of states electoral bodies, insisting that they could not conduct free and fair elections within their states.
Shittu stressed the need to centralise the nation’s electoral body, adding that politicians would have more confidence in INEC than its state counterparts.
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
