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2021 Budget Scales Second Reading In Senate

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The 2021 Appropriation Bill of N13.08trillion, yesterday, scaled second reading in the Senate.
This followed a three- day debate on the general principles of the budget of “Economic Recovery and Resilience” presented to a joint session of the National Assembly, penultimate Thursday.
During the period, senators took turns to appraise the strengths and weaknesses of the Bill.
Some senators were particularly worried about the amount for debt service in the 2021 budget put at N3.124trillion and the proposal to finance the budget deficit through borrowing to the tune of N5.20trillion.
Senate President, Dr Ahmad Lawan, threatened to deny funds to ministries, departments and agencies (MDAs) of government, that fail to adhere strictly to the 2021 budget defence timetable.
Lawan, who revealed that the budget defence would commence, next Tuesday, also said the exercise would end in the first week of November.
He pointed out that ministers were expected to appear in person for the budget defence, warning that ministers who failed to appear within the stipulated time frame would not get allocation for their ministry.
Lawan recalled that President Muhammadu Buhari, while presenting the Appropriation Bill to the joint session of the National Assembly, penultimate Thursday, had directed that ministers should come in person for the budget defence.
He noted early consideration and passage of the 2020 budget, which returned the country’s budget cycle to January – December, has significantly boosted the implementation of this year’s budget.
On funds generated by agencies of government, Lawan faulted the country’s low revenue earnings due largely to the failure of revenue agencies to remit all funds realized to the Federation Account after collection.
He advocated for improved revenue generation, collection and remittance methods as a way of increasing the nation’s revenue profile.
The 2021 Appropriations Bill, which passed the second reading, was referred by the Senate President to the Committee on Appropriations for further legislative work.
The committee, which is chaired by Senator Jibrin Barau (Kano North), was given four weeks to report back to the Senate.
Barau later told reporters that his committee has proposed to submit its report to Senate in plenary on November 3, 2020.
He spoke while outlining the timetable for the budget defence by MDAs at a press briefing.
Barau said the committee would adhere strictly to the timetable, and urged all MDAs to keep to the schedule.
Similarly, President of the Senate, Dr Ahmad Lawan, said, yesterday, that the early consideration and passage of the 2020 budget which returned the country’s budget cycle to January – December, has significantly improved the implementation of this year’s budget.
Speaking, yesterday, in Abuja on the third-day debate on the general principles of the 2021 Appropriations Bill, Lawan said that the country’s return to the January to December budget cycle is a major achievement under the administration of President Muhammadu Buhari and the Ninth Assembly.
Speaking further, the President of the Senate said that the low implementation which characterised previous budgets has been significantly improved upon as evidence in the 2020 budget in which ministries have so far recorded between 50 and 75 percent implementation rates on capital projects across the country.
Lawan said, “In the last three days, we’ve witnessed submissions raising issues about the budget estimates presented to us by Mr. President. This is in continuation of our efforts to ensure the desirable cycle that we have taken the annual budget to (January – December) will be a legacy.
“This will be our legacy as the 9th National Assembly and the legacy of Mr. President.
“We have been able to do this together and there’s definitely a difference in the implementation of the 2020 budget compared to the others.
“Some Ministries and projects have received up to 75 per cent funding. There’s none that has received less than 50 percent.
“While this may not be exactly what we want, it is still an improvement and we will continue to urge the executive to implement the budget up to 100 per cent.
“But I believe that we have seen the benefit of passing the budget in good time, and this is something that we will continue to do.”
On monies generated by agencies of government, the President of the Senate who faulted the country’s low revenue earnings on the failure of revenue agencies to remit all sums to the Federation Account after collection, however, advocated for improved revenue generation, collection, and remittance methods as a way of shoring the nation’s revenue figures.
Lawan said, “Like all of us, I also have some observations. Firstly, I think our revenue generation, collection, and remittances need to be better.
“There are many agencies of government that are supposed to be generating revenues and they do so, but they don’t remit all that they are supposed to,” he said.
The Senate President announced that the relevant committees would interface on a monthly basis with revenue-generating agencies to evaluate their performance and device ways on how the same can be improved where they underperform or fail to meet revenue targets.
According to him, doing so would reduce the deficit contained in next year’s budget and subsequent ones, as well as reduce Nigeria’s dependence on loans to finance capital projects which the country direly needs.
He said, “When we are able to get more revenues, we will reduce the deficit, because this budget has a big deficit, and this is because we simply have no resources as of today and we need to have our infrastructure in place.
“So, the issue is for us to diversify the funding and finances of the projects. We may not do completely without borrowing, but we could do diversification of the sources of funding. We could go for Public-Private Partnership like many senators have suggested, so that we reduce the necessity to borrow.
“Whatever it takes, we have to provide infrastructure in this country, otherwise, we would never move beyond where we are.”
The Senate President while underscoring the importance of oversight by the National Assembly, harped on the need for the Federal Government to cut down on the cost of governance by merging some of its agencies.
“The responsibility of the National Assembly or Parliament is that whatever we appropriate is properly, economically, and efficiently applied. This is an oversight function that we must continue to do.
“Before we pass the 2021 budget, we should be able to know how much of 2020 has been implemented. This is because some projects need to be rolled over to 2021, and we need to know the extent to which they have been funded in the 2020 financial year.”
Meanwhile, the House of Representatives may compel itself, to subject yearly national budgets to public scrutiny, it was learnt, yesterday.
The House is considering a Fiscal Responsibility Act Amendment Bill, 2020.
The Legislative instrument, sponsored by Rep. Benjamin Mzondu (PDP-Benue), seeks to alter the original law, to allow for estimates from the president to undergo public scrutiny before implementation.
The Bill, amends Section 11 of the Principal Act, to assert the phrase “open to the public, the press and any citizen, or authorized representative of any organisation, group of citizens, or community, immediately after the word shall of that section.
“Section 13 of the Principal Act, is amended in subsection 2(a) by deleting the word May, in the first line of that paragraph and replacing it thereof, with the word ‘Shall’.
“Section 2(a) of Section 13 of the Principal Act, is further amended by inserting the word communities immediately after the word citizens in the provision to that subsection.
“Section 49 Subsection 2 of the Principal Act, is amended to read as follows: ‘The National Assembly shall ensure transparency during the Principal Act preparation and discussion of the Medium Term Expenditure Framework, Annual Budget and Appropriation Bill, by making consultations open to the public, the press and any citizen or authorized representative of any organisation, group of citizens or community’.”
The explanatory part of the Bill states that: “This Bill, seeks to amend the Fiscal Responsibility Act, 2007 to make it mandatory for open consultations with the public and all interested Nigerians during the preparation and discussion of the Medium Term Expenditure Framework, Annual Budget and the Appropriation Bill and ensure participatory and Inclusive Budget Process in Nigeria”.
The House, on Wednesday, referred to its Committee on Appropriations, estimates of the 2021 Budget, as presented to a Joint session of the National Assembly by President Muhammadu Buhari, penultimate Tuesday.
Committees of the House, are expected to start receiving inputs from ministries and agencies of government, next week.

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You Failed Nigerians, Falana Slams Power Minister

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Human rights lawyer, Femi Falana, SAN, has passed a vote of ‘no confidence’ in the Federal Government, saying that the Minister of Power, Adebayo Adelabu, has failed Nigerians.

Falana was reacting to Adelabu’s appearance before the Senate to defend the increase in the electricity tariff and what Nigerians would pay on Monday.

The rights activists also claimed that the move is a policy imposed on the Nigerian government by the International Monetary Funds (IMF) and the World Bank.

Speaking on the Channels TV show on Monday night, Falana said, “The Minister of Power, Mr Adebayo Adelabu has failed to address the question of the illegality of the tariffs.

“Section 116 of the Electricity Act 2023 provides that before an increase can approved and announced, there has to be a public hearing conducted based on the request of the DISCOS to have an increase in the electricity tariffs. That was not done.

“Secondly, neither the minister nor the Nigeria Electricity Regulatory Commission has explained why the impunity that characterised the increase can be allowed.”

Falana also expressed worry over what he described as impunity on the part of the Federal Government and electricity regulatory commission.

““I have already given a notice to the commission because these guys are running Nigeria based on impunity and we can not continue like this. Whence a country claims to operate under the rule of law, all actions of the government, and all actions of individuals must comply with the provisions of relevant laws.

“Secondly, the increase was anchored on the directives of the commission that customers in Band A will have an uninterrupted electricity supply for at least 20 hours a day. That directive has been violated daily. So, on what basis can you justify the increase in the electricity tariffs”, Falana queried.

The human rights lawyer alleged that the Nigerian government is heeding an instruction given to her by the Bretton Wood institutions.

He alleged, “The Honourable Minister of Power is acting the script of the IMF and the World Bank.

“Those two agencies insisted and they continue to insist that the government of Nigeria must remove all subsidies. Fuel subsidy, electricity subsidy and what have you; all social services must be commercialised and priced beyond the reach of the majority of Nigerians.

“So, the government cannot afford to protect the interest of Nigerians where you are implementing the neoliberal policies of the Bretton Wood institutions.”

The Senior Advocate of Nigeria accused Western countries led by the United States of America of double standards.

According to him, they subsidize agriculture, energy, and fuel and offer grants and loans to indigent students while they advise the Nigerian government against doing the same for its citizens.

Following the outrage that greeted the announcement of the tariff increase, Adelabu explained that the action would not affect everyone using electricity as only Band A customers who get about 20 hours of electricity are affected by the hike.

Falana, however, insisted that neither the minister nor the National Electricity Regulatory Commission (NERC) has justified the tariff increase.

The senior lawyer said that Nigerian law gives no room for discrimination against customers by grading them in different bands.

He insisted that the government cannot ask Nigerians to pay differently for the same product even when what has been consistently served to them is darkness.

Following the outrage over the hike, Adelabu on Monday appeared at a one-day investigative hearing on the need to halt the increase in electricity tariff by eleven successor electricity distribution companies amid the biting economic situation in Nigeria.

However, Falana said that nothing will come out of the probe by the Senate.

He advised that the matter has to be taken to court so that the minister and the Attorney General of the Federation can defend the move.

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1.4m UTME Candidates Scored Below 200  -JAMB 

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The Joint Admissions and Matriculation Board (JAMB) on Monday, released the results of the 2024 Unified Tertiary Matriculation Examination, showing that 1,402,490 candidates out of  1,842,464 failed to score 200 out of 400 marks.

The number of candidates who failed to score half of the possible marks represents 78 per cent of the candidates whose results were released by JAMB.

Giving a breakdown of the results of the 1,842,464 candidates released, the board’s Registrar, Prof. Ishaq Oloyede, noted that, “8,401 candidates scored 300 and above; 77,070 scored 250 and above; 439,974 scored 200 and above while 1,402,490 scored below 200.”

On naming the top scorers for the 2024 UTME, Oloyede said, “It is common knowledge that the Board has, at various times restated its unwillingness to publish the names of its best-performing candidates, as it considers its UTME as only a ranking examination on account of the other parameters that would constitute what would later be considered the minimum admissible score for candidates seeking admission to tertiary institutions.

“Similarly, because of the different variables adopted by respective institutions, it might be downright impossible to arrive at a single or all-encompassing set of parameters for generating a list of candidates with the highest admissible score as gaining admission remains the ultimate goal. Hence, it might be unrealistic or presumptive to say a particular candidate is the highest scorer given the fact that such a candidate may, in the final analysis, not even be admitted.

“However, owing to public demand and to avoid a repeat of the Mmesoma saga as well as provide a guide for those, who may want to award prizes to this set of high-performing candidates, the Board appeals to all concerned to always verify claims by candidates before offering such awards.”

Oloyede also noted that the results of 64,624 out of the 1,904,189, who sat the examination, were withheld by the board and would be subject to investigation.

He noted that though a total of 1,989,668 registered, a total of 80,810 candidates were absent.

“For the 2024 UTME, 1,989,668 candidates registered including those who registered at foreign centres. The Direct Entry registration is still ongoing.

“Out of a total of 1,989,668 registered candidates, 80,810 were absent. A total of 1,904,189 sat the UTME within the six days of the examination.

“The Board is today releasing the results of 1,842,464 candidates. 64,624 results are under investigation for verification, procedural investigation of candidates, Centre-based investigation and alleged examination misconduct”, he said.

Oloyede also said the Board, at the moment, conducts examination in nine foreign centres namely: Abidjan, Ivory Coast; Addis Ababa, Ethiopia; Buea, Cameroon; Cotonou, Republic of Benin; London, United Kingdom; Jeddah, Saudi Arabia; and Johannesburg, South Africa.

“The essence of this foreign component of the examination is to market our institutions to the outside world as well as ensuring that our universities reflect the universality of academic traditions, among others. The Board is, currently, fine-tuning arrangements for the conduct of the 2024 UTME in these foreign centres,” he explained.

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Ex-CBN Director Admits Collecting $600,000 Bribe For Emefiele 

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A former Director of Information Technology with the Central Bank of Nigeria, John Ayoh, has alleged that he collected on behalf of the former governor of the apex bank, Godwin Emefiele, a sum of $600,000 in two installments from contractors.

Ayoh, the second witness of the Economic and Financial Crimes Commission (EFCC), disclosed this on Monday while recounting instances where he facilitated the delivery of money to Emefiele, claiming it was for contract awards.

Under cross-examination at the Ikeja Special Offences Court in Lagos by the defence counsel, Olalekan Ojo (SAN), Ayoh admitted to facilitating the alleged bribery under pressure.

The embattled former governor of the apex bank is having many running legal battles both in Abuja and Lagos and is being tried by the EFCC at the Special Offences Court over alleged abuse of office and accepting gratification to the tune of $4.5 billion and N2.8bn.

He was arraigned on April 8, 2024, alongside his co-defendant, Henry Isioma-Omoile, on 26 counts bordering on abuse of office, accepting gratifications, corrupt demand, receiving property, and fraudulently obtaining and conferring corrupt advantage.

Emefiele’s defence, however, challenged the court’s jurisdiction over constitutional matters, urging the quashing of counts one to four and counts eight to 24 against him.

Ayoh, who was led in evidence by the EFCC prosecution counsel, Rotimi Oyedepo (SAN), said the first money he collected on Emefiele’s behalf was $400,000 which his assistant, John Adetola, came to collect at his house in Lekki, Lagos State.

He further told the court that the second bribe of $200,000 was collected at the headquarters of CBN, at the Island office.

He said the money was brought in an envelope, adding that when the delivery person, Victor, was on the bank’s premises, he contacted Emefiele, who insisted on receiving the package directly from Ayoh without involving third parties.

He said when he went to deliver the package, he saw many bank CEOs waiting to see the former apex bank governor.

When questioned if he had ever been involved in any criminal activity, he responded in the negative but admitted that he had facilitated the commission of crime unknowingly.

“I believe I did admit in my statement that I was forced to commit the crime. I don’t know the exact word I used in my statement, but I said we were all forced with tremendous pressure to bend the rules,” he said.

When asked if he opened the envelopes he collected on the two occasions and counted the money to confirm the amount, he was negative in his reply, adding that he did also write in his statement that the money was given to influence the award of contracts.

On whether the EFCC arrested him, the witness said he was invited on February 20, 2024, and returned home after he was granted bail.

Earlier, Emefiele asked the court to quash counts one to four and counts eight to 24 against him, as the court lacks the jurisdiction to try him.

Speaking through his counsel, Ojo, he said counts one to four were constitutional matters, which the court lacked the jurisdiction to determine.

In his argument, citing Sections 374  of the Administration of Criminal Justice Act and 386(2), the defence counsel told Justice Rahman Oshodi that Emefiele ought not to be arraigned before the court on constitutional grounds.

He, therefore, urged the court to resolve the objection on whether the court had the jurisdiction to try the case or not.

The second defendant’s counsel, Kazeem Gbadamosi (SAN), also relied on the submissions of Ojo.

The EFCC counsel, Oyedepo, however, objected, as he asked the court to disregard the decision of the Court of Appeal relied upon by Ojo, saying that the Court of Appeal could not set aside the decision of the Supreme Court on any matter.

Ruling on the submissions of the counsel, Justice Oshodi said he would give his decision on jurisdiction when he delivered judgment as he adjourned till May 3.

He also directed the EFCC to serve the defence proof of evidence on witness number six and his extrajudicial statement.

 

 

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