The Federation Accounts Allocation Committee (FAAC) has shared to the three tiers of government, N739.965 billion as federation allocation for September. According to a statement from Mr Oshundun Olajide, Deputy Director (Information), Ministry of Finance, Budget and National Planning late on Thursday, the meeting was held through a virtual Conference. “From the N739.965 billion, inclusive of Value Added Tax (VAT), and Exchange Gain, the federal government received N301.311 billion, the states received N220.272 billion, the LGs got N164.176 billion. However, the oil producing states received N54.206 billion as derivation (13 per cent of Mineral Revenue). The communique issued after the…
Author: Abdallah el-Kurebe
Media stakeholders have called for network of crusaders against hate-speech, including the inculcation of the war against the scourge in schools curriculum. A communiqué issued at the end of a webinar training organized by the United Nations Information Centre (UNIC) in collaboration with Penpushing media for Nigerian journalists dwelled on the role of the media in curtailing hate-speech. The communique noted that though hate speech has been with us since creation, there was the need for journalists to promote national unity through their mediums. “We must identify the sources of hate speech and how to tackle it, and make efforts…
The Academic Staff Union of Universities (ASUU) has presented N100,000 to the best indigent student of Abubakar Tafawa Balewa University (ATBU), Bauchi on Thursday. The student, Miss Iqmat Popoola, is a 300-level student of Agricultural Economics. Speaking while presenting the cheque to the beneficiary, Prof. Victor Osodeke, ASUU National President, said the gesture was the union’s way of helping indigent students in the pursuit of their academic careers. He said Popoola was an outstanding student with a Cumulative Grade Point (CGP) Average of 4.47, adding that she was the type that should be employed immediately after graduation. “The Academic Staff…
A health-technology company, 54gene, says it had sponsored 50 Nigerian scientist’s training in genomic prediction and analysis of large-scale genome data. Its Founder, Dr Abasi Ene-Obong, made this known in a statement on Thursday in Lagos, saying that the support for the participants was granted to the Nigerian Bioinformatics and Genomics Network (NBGN). Genomic prediction (GP) is a powerful tool in the fields of plant and animal breeding and human complex traits and disease risk prediction. Ene-Obong said that the support had provided opportunity for the scientists to participate in the network’s conference held in Kwara. According to him, 54gene launched…
Some Oil and Gas experts have advised the Federal Government to invest massively in the sector or provide intervention funds for private investors to stop hike in price of Liquefied Petroleum Gas (LPG). The experts also advised the Nigeria Liquefied Natural Gas (NLNG) company to allocate enough gas to meet local consumption demand, up to 1.2 metric tonnes, to eliminate impact of foreign exchange. The experts made these known in separate interviews in Abuja on Thursday while reacting to the continuous increase in the price of LPG, otherwise known as cooking gas. Many LPG consumers and retailers had complained bitterly…
The Chairman, Peoples Democratic Party (PDP) Governor’s Forum, Aminu Tambuwal and three other governors were in Ondo state to woo Dr Olusegun Mimiko, a former Governor in the state, back to the party. Tambuwal, the Sokoto State Governor led Gov. Nyesom Wike (Rivers), Seyi Makinde (Oyo) and Okezie Ikpeazu (Abia) on the visit to meet Mimiko. They also had discussion with Agboola Ajayi, the immediate past Deputy Governor in the state, who is the Zenith Labour Party (ZLP) Governorship Candidate in the 2020 governorship election, his running mate, Gboye Adegbenro and state Chairman of ZLP, Joseph Akinlaja. The governors had on arrival held a…
President of the Senate, Ahmad Lawan has assured that the National Assembly would ensure that the security sector is allocated the lion share in the final copy of the 2022 budget. Lawan said this at the opening of the 5th Conference of Network of African Parliamentarians Members of Defense and Security Committees in Abuja. This is contained in a statement by Mr Ola Awoniyi, the Special Adviser on Media to Senate President in Abuja on Thursday. “Today our nation, our continent and even the world have been challenged by insecurity. “For us in Nigeria, in the National Assembly, our committees…
Kogi state governor, Yahaya Bello has presented an appropriation bill, of N145.8 billion for the 2022 fiscal year to Kogi House of Assembly for “Frank review and approval.” Presenting the Appropriation Bill tagged, “Budget of Accelerated Results” to the Assembly on Thursday in Lokoja, Bello said the total Budget was divided into Recurrent Expenditure of N90,151 billion representing 61.79 per cent. The Capital Expenditure, according to him, is N55.744 billion representing 38.21 per cent adding that the total budget package for year 2022 was N145,896,072,913 as against the N160.560 billion revised budget for year 2021. “This represents a decrease of…
Vice President Yemi Osinbajo has stressed the need for transparency and accountability in procurement processes for the overall growth of the nation. The vice president made the call at the launch of Sustainable Procurement, Environmental and Social Standards Enhancement (SPESSE) Project, a World Bank Assisted Project in Abuja on Thursday. Osinbajo, who noted that procurement touched on every sector of the economy, stressed that huge amount of financial resources often went into procurement, thereby encouraging some form of financial waste. “The procurement system must be strengthened by entrenching transparency and accountability at all levels of government. “Issues relating to construction, rehabilitation…
President Muhammadu Buhari says it is vital for African governments to renew their social compact with the citizenry so as to improve governance, development and build institutions that promote inclusive security and prosperity. Buhari spoke on Thursday in Abuja at the 5th Conference of the Network of African Parliamentarians for Defence and Security Committees of the House of Representatives. Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, in a statement, said Buhari was represented by Vice President Yemi Osinbajo. Buhari said his administration was actively striving to ensure that no segment…