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Business / FG Disburses N668.898b For May Despite FAAC Deadlock by kemsan2011(m): 7:44pm On Jul 20, 2018
The Federal Government has disbursed N668.898 billion to the three tiers of government for the month of May, despite the impasse in the Federation Accounts Allocation Committee (FAAC).

Director of Information at the Federal Ministry of Finance, Hassan Dodo, revealed this in a statement on Friday in Abuja.

He explained that the sharing of revenues for May, which was meant to be distributed in June, was put on hold because of the disagreement on remittances by the revenue generating agencies, especially the Nigerian National Petroleum Corporation (NNPC).

Dodo added that the money was distributed due to the urgent need to cushion the undue hardships being experienced by workers nationwide.

He, however, said the government was intensifying efforts to address the unsatisfactory remittances.

According to the director, the N668.898 billion is made up of the statutory distributable sum of N575.475 billion and N93.423 billion from the Value Added Tax (VAT).

He said, “The total revenue realised for the month, was shared in line with the extant formula as follows: Federal Government – N282.223 billion; State Governments – N181.167 billion; and Local Government Councils – N136.490 billion.

“The Oil Producing States received N53.071 billion as 13 per cent derivation. The sum of N15.947 billion was paid to the revenue generating agencies as costs of collections.”

Dodo revealed that the statutory revenue of N575.475 billion received for the month of May was lower than the N613.057 billion received for April by a total of N37.582 billion.

He noted that from the total statutory revenue of N575.475 billion, the Federal Government was given N268.770 billion, the states – N136.324 billion, Local Government Areas – N105.100 billion, the oil-producing states – N53.071 billion, while the revenue generating agencies received N12.210 billion as costs of collections.

“For the month of May 2018, the total revenue of N93.423 billion from the Value Added Tax (VAT) was N5.458 billion higher than the N87.965 billion distributed in April 2018.

“From the total of N93.423 billion, the Federal Government received N13.453 billion; the states received N44.843 billion; the Local Government Councils received N31.390 billion, while N3.737 billion was received by the revenue collecting agencies,” the director said.

The monthly FAAC meeting held in June had ended in a stalemate as a result of the disagreement on remittances by the revenue generating agencies.

The controversy continued as the Nigeria Governors’ Forum (NGF) faulted the remittances from the NNPC, saying they were inaccurate.

Briefing reporters after the governors met on Wednesday in Abuja, NGF Chairman and Zamfara State Governor, Abdul’Aziz Yari, queried the amount the NNPC claimed to have used for the payment of petroleum subsidies.

He said the governors resolved that until the agency corrects the discrepancies in the amount remitted to the Federation Account, the states would not share the money.
Politics / Kwara Governor Dissolves Cabinet, Drops Advisers And Assistants by kemsan2011(m): 6:33pm On Jan 18, 2018
Kwara Governor Dissolves Cabinet, Drops Advisers and Assistants

The Kwara State Governor, Alhaji Abdulfatah Ahmed has dissolved the state executive council with effect from 18th January 2018.

Secretary to the State Government, Alhaji Isiaka Gold, who made the announcement in a statement issued in Ilorin, the state capital on Thursday, said Special Advisers, Senior Special Assistants and Special Assistants are also affected by the dissolution.

According to the statement, Governor Abdulfatah Ahmed directed the Commissioners to hand over to the permanent secretaries of their various ministries and assured citizens that additional measures have been put in place to sustain government business pending the reconstitution of the state executive council

Alhaji Gold added that Governor Abdulfatah Ahmed thanked the former executive council members, special advisers and assistants for their valuable service and contributions and wished them the best of luck in their future engagements.
Politics / Finally, Buhari Speaks On Fuel Scarcity by kemsan2011(m): 4:55pm On Dec 24, 2017
FOLLOWING mounting pressure from the public for him to personally address the debilitating fuel scarcity in the country, President Muhammadu Buhari on Sunday spoke out for the first time, expressing his sympathy for Nigerians over their suffering.

In a statement personally signed by him and posted on his verified twitter handle, he said the scarcity was regrettable.
The president revealed that he was being briefed regularly on the matter, assuring that the Nigerian National Petroleum Corporation (NNPC) was on top of the situation.
He said: “The fuel scarcity being experienced nationwide is regrettable. I sympathise with all Nigerians on having to endure needless fuel queues.


“I’m being regularly briefed, especially on the NNPC’s interventions to ensure that there is enough petrol available during this period and beyond.

“I have the NNPC’s assurance that the situation will improve significantly over the next few days, as new shipments and supplies are distributed across the country.

“I have also directed the regulators to step up their surveillance and bring an end to hoarding and price inflation by marketers,

“Let me also assure that the relevant agencies will continue to provide updates on the situation. I thank you all for your patience and understanding.”

Nigerians have been vociferous especially on the social media in their calls for President Buhari who is also the Minster of Petroleum to address the issue.

He had refrained from speaking publicly about it since the scarcity developed weeks ago until now.
Politics / Kwara Govt, Labour Leaders Disagree Over Paris Club Refund by kemsan2011(m): 10:18pm On Dec 20, 2017
The Kwara State Governor, Abdulfatah Ahmed, and members of the National Union of Local Government Employees [NULGE]are having a different view on how the Paris Club Fund should be shared.

The governor said during an interview said that the last tranche of Paris Club Fund just collected is meant for the state government alone.

He said, “The payment made to the local governments in the previous tranche was at the expense of the staff of the state government as they will now be the beneficiaries of the present tranche”.

But some staff of the 16 Local Government Areas in the state held an emergency State Executive Council meeting where they condemned the move by the governor, stating that they have certain percentages in the funds.

Briefing journalists after the meeting, the State President of the National Union of Local Government Employees[NULGE], Salihu Yusuf, noted that local government is one of the contributors to the repayment of Paris Club Loan and therefore should benefit from the refund of the overpayment.

The union also directed its state chapters to demand the payment of the salary arrears of local government workers from the Paris Club Loans refund.

The Nulge’s National Trustee, Fatai Ibrahim, said that state chapters where are being denied funds will continue to dialogue or embark on an industrial action to press home their needs.
Politics / Why Sen.saaba Lafiaji House Was Set Ablaze By Angry Youths In Kwara North. by kemsan2011(m): 11:12am On Nov 18, 2017
Why Sen.Saaba Lafiaji House was set ablaze by angry youths in Kwara North.
It happened that the only road that leads to Lafiagi town has been in a very bad state and not motorable for a while. But despite being a senator all these years, Sha'aba Lafiaji has never done anything about it. He doesn't come home except during elections. To solve their own problems, the youth contributed money and also went out to look for money to fix half of the road, leaving the remaining half. So, yesterday, as Sha'aba Lafiaji was coming back for the Local Govt election,the youths stood up and waited for him, knowing he would pass through the road they fixed. When he eventually came, they asked him not to pass through the portion of the road they used their money to repair, that he should pass through the other half they've not repaired. He refused and instead ordered soldiers guarding him to stop them. As things got more intensed, the soldiers shoot at the protesters. 3 of them, students of Lafiaji College of Education fired dead. The youths got angry and uncontrollable, leading to major crisis.
Sen. Shaaba's house burned down, many injured. Eye witness narration. Copied

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Politics / Violence Breaks Out In Lafiaji, Kwara As Sha'aba Lafiagi Clashes With Protesters by kemsan2011(m): 4:00am On Nov 18, 2017
BREAKING: Violence break out in Lafiaji, as Saaba Lafiaji ordered soldier to shoot protesters, 3 killed.

Information reaching Kwara Must Change now indicates that, Senator Saaba Lafiaji reportedly ordered soldiers to shoot youths that were protesting his misrepresentation at the National Assembly.

3 youths have been reported killed.

Details later

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Politics / Re: President Buhari Lifts Tony Nwoye's Hand At Anambra APC Governorship Rally by kemsan2011(m): 8:13pm On Nov 16, 2017
my people in Anambra, let try another fresh thief. PDP is the answer

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Travel / Re: Car Crashes Into A Bar In Abakaliki As EBSU Students Run (Graphic Pics) by kemsan2011(m): 8:23pm On Nov 13, 2017
[center][/center] cry[color=#000099][/color] no be small thing oooo. may God continue to safe us
Romance / Re: Man Marrying 6 Women In Delta, Pays Bride Price Of 3, Leaves 3 Stubborn Ones by kemsan2011(m): 7:54pm On Nov 13, 2017
the end is near
Education / Re: Which University Is The Best In Nigeria? by kemsan2011(m): 9:10am On Jul 02, 2017
Kwara state university is the best for now. very fast
Travel / Re: Unidentified Lady Involved In Accident In Lagos. Do You Know Her? (Pictured) by kemsan2011(m): 6:47pm On May 05, 2017
Amen IJN

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