Business
Revenue Underpayment: Four Littoral States Demand N118 bn
Four littoral states of the federation, Akwa Ibom, Abia, Delta and Edo have called on the federal government to pay them N118 billion 13 per cent derivation revenues of between November 2006 and December 2008, claiming that they were underpaid for the period.
In a petition to the Revenue Mobilization Allocation and Fiscal Commission (RMAFC), the states noted that the implementation of the principle which was based on production average rather than actual production figures resulted in the underpayment to these states and overpayment to others.
According to a letter signed by Godswill Akpabio, Governor of Akwa Ibom State, it noted that it is unfortunate that contrary to normal practice of reconciliation between production and disbursements by the commission, it however failed to do same within the period.
According to Akpabio, details of the underpayments showed Abia State, N11,589, 736, 747.84; Akwa Ibom State, N42,292,251,176.95; Delta, N57,986, 727,351.05 and Edo, N6,123,308, 881.99.
States that were, however, overpaid during the same period are Bayelsa, N36,218, 407, 541.70; Cross River, N5,660, 738, 036.29; Imo N10,109, 248, 720.22; Ondo, N22;646,498, 608.18 and Rivers, N43,357,131, 251.48.
“I have noted that the derivation indices computed for the littoral states of Abia, Akwa Ibom, Bayelsa, Delta, Edo, Imo, Ondo and Rivers were based on average production ratios for the period January to July, 2008. I have also noted the fact that unlike the pervious exercise … Revenue Mobilisation Allocation and Fiscal Commission did not reconcile the accounts of the various states to reflect what each state should have received from the derivation fund up to July 2008 based on actual production.
“As you are already aware, the payments made to littoral sates for the period November 2006 to July 2008 were based on average production ratios for the period January to October 2006.
“Pursuant to the above legal and constitutional provisions, it is mandatory for the RMAFC to ensure that payments made to the derivation states are based on the actual production from the natural resources attributed to such states”, Akpabio said.
He posited that the question of clearing arrears as in this case is a constitutional issue and a legal matter based on the 1999 constitution and allocation of revenue (federation Account, etc) Act 1982. It is about rule of law and equity, saying that no one should seek to confuse the issue by bringing extraneous issues into it.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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