Peterobiisathie:
Prophet

The House of Representatives Chairman of the Downstream Petroleum Committee, Alhaji Ado Alhassan Doguwa, has said that the issue of local government autonomy in the country is of utmost priority.


Doguwa told newsmen in Kano on Saturday: “Today’s insecurities, poverty, and lack of development are all results of the malfunction of the local government areas in the country.”

Doguwa, who appeared in the regalia of a traditional chieftain, noted: “I remained the Sardauna Doguwa because, as far as I am concerned, the controversy surrounding their (Kano emirates) dissolution remains a subject of litigation. It is on record that this very House did their best in the passage of the Petroleum Bill into law, and today, as far as that sector is concerned, Nigeria is marching with its shoulders high in the comity of nations.”


Recalling that the country is better today because of several other bills that were passed into law, he said:

“Therefore, we should go the extra mile to ensure that local government autonomy is achieved. That is why I want the Speaker himself to chair the Constitutional Review Committee so that together we will do the magic.

“I’m assuring you that with local governments’ full autonomy, Nigerians would once more sleep with their eyes closed and move around everywhere without the fear of being molested or taken away.”

Emzedz:
Just this bridge..mehn lots of misplaced priorities.

oskopy:
You think people are not watching your foolishness? PO contested and failed election according to you and yours, still you never sleep without calling his name. I believe this is nemesis catching up with you.
Peter Obi cannot be intimidated by your stupidity and cowardice.

As activities marking the celebration of the first anniversary of President Bola Ahmed Tinubu continues, the Federal Government has disclosed that it has taken bold steps towards reducing the N7.3 trillion Ways and Means it inherited with the payment of the sum of N4.8 trillion

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun stated this today in Abuja during the Ministerial Press Briefing on the achievements of his Ministry in the one year administration of the President.

He informed that in addition to having paid the N4.8 trillion, another N2.5 trillion will be paid in the second quarter of 2024

On debt servicing Without recourse to Ways and Means, the Minister informed further that due to improved fiscal discipline, the Government has largely financed debt service obligations, including foreign debt service, without resort to Ways and Means account.

Such payments, he added, included outstanding commitments/shareholding to multilateral development banks (MDBs) and international organizations, including over $200 million to Islamic Development Bank.

On the National Single Window project, he said it has the potential of annual economic benefit of $2.7 billion.


Edun added that the Presidential Fiscal Policy and Tax Reforms Committee (PFPTRC) was in the process of tax Harmonization and streamlining of tax collection processes which he said has come up with strategies for broadening tax net as well advanced in the single-digit tax system to reduce the number of taxes in the country,


Oil revenue increases, the Minister noted that Oil revenue of N1,1 trillion was achieved in the first quarter of 2024, as against N460 billion in the same period of the preceding year (2023),

The Minister maintained that the oil revenue flowed from an impressive increase in oil production, which recorded 1.7mbpd in the first quarter of this year, up from 1.3mbpd in June 2023.

The Minister said that Federal Government revenues from (GOEs) also substantially increased (Q1’2024 N835.7B vs N154.3B Q1’2023). The impressive revenue record of the period under consideration was made possible by the introduction of technology-driven strategy systems to automatically deduct revenue due to FGN. Similarly, the FGN has earned more FX income under the new revenue model.

Specifically, the Nigeria Customs Service recorded unprecedented increases in the first quarter 87% Increase in 2023 revenue mobilization, as well as a 122% revenue increase in Q1 2024 compared to Q1 2023

In addition, he said that the Federal Inland Revenue recorded a 107% achievement of 2023 target and a 56% revenue improvement in Q1 2024 compared to Q1 2023.


Under the Fiscal Policies & Financial Management Edun said the administration launched the Incentives Monitoring & Evaluation Platform (IMEP) to prevent the misuse of tax incentives by blocking and limiting access to those who do not qualify for the incentives.

“We also strengthened the implementation of fiscal policies around the Import Duty Tax Incentive to boost key economic sectors and deliver more sustainable socio-economic impacts”.

Bridget95:
I hope when you are fished out for publishing false information against Peter Obi you will be able to defend yourself.


PO is neither the CSO or president of Nigeria 🇳🇬 why are you guys disturbed about him.

Firebomber:


Your father no get home training, did I insulted you?
https://www.sportingnews.com/us/soccer/news/saudi-pro-league-world-rank-mls-premier-league-bundesliga-la-liga/xwdaqljvdoslfyd9lsdal5yr

https://www.globalfootballrankings.com/

https://www.kickalgor.com/football-leagues/the-ka-football-leagues-global-rating-for-2023-24-season/the-ka-football-leagues-global-rating-for-2023-24-opening-of-the-year-2024-data-table/

So you can continue crying for your penaldo

Firebomber:


Guess FIFA that rank MLS over Camel pro league are dense right?


You penaldo fans can't stop disgracing yourself here.
The useless penaldo score over 30goals with more than 20 penalties yet you troll are celebrating. Oponu

qtx:

In the land of the blind

PerfectStranger:

We keep bringing tribal sentiment yet hunger is destroying the citizens. We're a shadow of ourselves

TruthU87:




What is nairaland doing about these bots raiding every thread and supporting Isreal atrocities?

phorget:
No Igbo name was mentioned but someone once told me that it was igbos that didn't allow Abiola to rule.