Business
FAAC Crisis: Governor Optimistic About Solution
The Kwara State
Governor, Alhaji Abdulfatah Ahmed, has expressed confidence in the ability of the Federal Government to tackle the impasse in the Federation Accounts Allocation Committee (FAAC) concerning the sharing of revenue among the three tiers of government in the last four months.
Ahmed told journalists in Ilorin last Thursday that President Goodluck Jonathan was mindful of the impact of the deadlock on all tiers of government and would ensure an early resolution.
“We have been made to understand that FAAC will not be able to meet up with its augmentation of the federally allocated funds to all the tiers of government. Augmentation is designed to be part of the budget and the situation means that there will be shortfalls in allocations to the states,” he said.
While noting that the impact of the shortfall in revenue was already being felt, the governor called for an early resolution of the crisis in the interest of good governance.
“We can manage our expectations, we can build plans on the amount accruable to the state to articulate and execute budget to the letter, but the lack of control on the in-flows naturally denies you the opportunity of saying in clear terms that full implementation of the budget will be recorded,” Ahmed stated.
The governor, who lauded the early release of information about the challenges of FAAC, also assured the people of the state of the government’s commitment to ensure all ongoing projects are completed as scheduled.
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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.”
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