Politics
Reps OKay C’ttee’s Report On 2013-2015 Expenditure
The House of Representatives has approved the Conference Committee’s report on the 2013-2015 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
It would be recalled that the Senate and the House on October 9 and October 19, respectively, set up a conference committee to reconcile differences in the recommendations from the two chambers.
This approval followed the report presented by the Conference Committee of the House.
Presenting the report, Rep. John Enoh (PDP-Cross River), the Chairman of the House Committee on Appropriation, urged the House to approve the report as the Senate would also approve the same report.
He said that a lot of consultation took place to ensure that an agreement was reached.
Enoh said further that after an extensive deliberation and consultation by the Conference Committee, the benchmark price of $79 per barrel was recommended.
He said that additional funds arising from the $4 increase would be used to reduce domestic borrowing and deficit, as well as funding critical infrastructure.
The lawmaker said that the Conference Committee cautioned government on foreign borrowing after a thorough scrutiny of the two versions of recommendations.
The Committee recommended 30 per cent and five per cent for Corporate Tax and Value Added Tax (VAT) rates for 2013-2015 respectively.
It recommended the transfer of Comprehensive Import Supervision Scheme (CISS) Account to Nigerian Customs Service.
The committee rejected the structures being set-up in states, senatorial zones and local governments in respect of the Federal Government’s Subsidy Re-investment (SURE-P) intervention programmes.
It recommended that the details of SURE-P to be executed under the programme be attached as an addendum to the Annual Appropriation for scrutiny and approval by the National Assembly.
It further recommended that the crude oil production levels should be retained as 2.526 mbpd for 2013, 2.611 mbpd in 2014 and 2.648 mbpd in 2015.
According to the committee, the revenue target of the Nigeria Customs Service (NCS) for 2013 should be increased.
It urged government to take urgent steps to review all laws that allow its agencies to expand their revenue with little or no operating surpluses.
The committee also called for increased funding for frontier exploration services to increase the nation’s crude oil resources, and said that government and its agencies must comply fully with the Fiscal Responsibility Act, 2007.
It recommended that priority attention and prominence should be given to the sustenance of people in the Niger Delta in order to guarantee production of crude oil.
Politics
Don’t Risk Your Legacy, Citizen Begs Jonathan Against 2027 Presidential Race
In a letter titled, “An Open Letter to Former President Goodluck Jonathan,” the observer said Dr Jonathan should be careful not to allow himself to be drawn into partisan calculations driven by ambition rather than national interest.
He cautioned the former president against allowing himself to be used by what he described as desperate political interests.
“I believe this is the time to protect the good name and legacy you have built over the years. You should not allow yourself to be used by desperate political elements who may be more interested in their own ambitions than in the future of Nigeria,” the letter read.
The Social Commentator further warned Dr Jonathan to be wary of those advocating for his comeback, claiming many of them were previously opposed to his administration.
“Many of those calling for your return today were your antagonists, those who frustrated your government back then. You should be careful not to become a pawn in a game designed by others or else they will stain your white with their ‘roforofo’,” he said.
He maintained that Dr Jonathan’s legacy remains defined by his decision to concede defeat in 2015, which he described as a landmark moment in Nigeria’s democratic history.
“Your legacy was built through years of public service and your decision to put the country’s peace above personal ambition at a critical moment in Nigeria’s history. That legacy should not be put at risk because of the desperation of a few politicians,” he added.
Mr Adenuga also alleged that some of the promoters of Dr Jonathan’s return have lost credibility in the public space.
“The truth is that some of the people pushing you to contest have already damaged their own reputations. They should not be allowed to stain your legacy with their soiled hands. What they could not achieve on their own should not be pursued through your name and goodwill,” he stressed.
He concluded by urging the former president to remain above political manoeuvring and protect his place in history.
“History has been kind to you. Preserve that honour and remain above the political games of those who want to use your name for their own purposes,” he wrote.
Recall that former President Goodluck Jonathan recently emerged as the presidential candidate of the Kabiru Turaki-led Interim National Working Committee of the Peoples Democratic Party (PDP) following a special convention held in Abuja, where delegates ratified his nomination ahead of the 2027 general elections.
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