Kaduna state governor, Nasir El-Rufai says the state expects an internally generated revenue of N67.26 billion and N24.9 billion Value Added Tax (VAT) which will be used to partly finance the state’s 2022 budget of N233 billion. The governor made the disclosure while presenting the 2022 draft budget to the State House of Assembly on Tuesday. He indicated that the budget has a capital expenditure of N146 billion and recurrent spending of N87.6 billion. The governor said the government expected N54.19 billion from the Federation Account and N500 million for COVID-19 response. He added that the government would borrow N19.8…
Author: Abdallah el-Kurebe
A former governor of Anambra, Mr Peter Obi, on Tuesday decried budgetary allocation for the Office of First Lady, describing it an unnecessary expenditure that should be channelled into something worthwhile. Obi, who was guest speaker at the 8th Annual Foursquare Gospel Church in Lagos, said that the yearly budgetary allocation for the office should be stopped because it increases cost of governance in the country. The annual lecture was organised to raise public consciousness on pressing issues in the polity with a view to finding solutions. Obi, who frowned at the subsisting insecurity and youths unemployment, said such allocations…
Kano state governor, Abdullahi Ganduje has sent a N33.8 billion 2021 supplementary budget to the House of Assembly for approval. His request was read at plenary in Kano on Tuesday, by the Speaker, Hamisu Chidari. According to the governor’s request, N3.22 billion will be for personnel cost, while N9.2 billion will be spent on overhead costs, while the sum of N21.5 billion will be for capital expenditure. He said that with the supplementary budget of N33 billion, the total budget size for 2021 now stands at N 231.7 billion. Ganduje explained that the request was dictated by the need to…
The Federal High Court sitting in Lagos has ordered a former Minister Of Aviation, Femi Fani-Kayode, to pay a fine of N200,000 for being absent at his re-arraignment or stand the risk of having his bail revoked. Justice Daniel Osaigor gave the order on Wednesday, saying that having gone through the court’s file, he observed five different letters by the defendant seeking adjournment on the same medical grounds. The Economic and Financial Crimes Commission (EFCC) had charged Fani-Kayode alongside a former Minister of State for Finance, Nenandi Usman, one Danjuma Yusuf, a former Chairman of ALGON, and a limited liability…
Stakeholders in the West African sub-region on Tuesday, met to review the priorities on ensuring safe, orderly, and regular migration as enshrined in the Global Compact for Migration (GCM). Representatives from the International Organisation (IOM), African Union (AU), and the Economic Community of West African States (ECOWAS) who topped the list of stakeholders, are holding a 3-day consultation on the implementation of the Global Compact. The Global Compact is the first inter-governmentally negotiated agreement, prepared under the auspices of the United Nations, covering all dimensions of international migration in a holistic and comprehensive manner. This is coming even as all…
The Zamfara House of Assembly has suspended two of its members, Yusuf Muhammad (APC-Anka) and Ibrahim Tukur (APC-Bakura) for allegedly aiding banditry in the state. This followed the adoption of a motion by Yusuf Kanoma (APC- Maru North) at Tuesday’s plenary in Gusau. Speaking on the motion, Kanoma urged the house to suspend the lawmakers over allegations that they were collaborating with bandits in the state. “One of them is suspected to have supplied information to bandits leading to the death of one of our lawmakers, Muhammad Ahmad, representing Shinkafi Constituency, who was killed on his way to Kano few…
Following allegations of data manipulation in favour of China, the head of the International Monetary Fund (IMF), Kristalina Georgieva, plans to make a public statement on Wednesday. The scandal is likely to overshadow Georgieva’s regularly scheduled press conference at the joint annual meeting of the World Bank and IMF in Washington. World Bank chief David Malpass is also due to take questions from journalists ahead of her statement, later, the finance ministers of the G20 countries were due to meet. The IMF Executive Board had given Georgieva its “full confidence’’ on Monday evening after eight meetings to examine the allegations…
Katsina state government has signed a Memorandum of Understanding (MoU) with a Malaysia-based firm, Bionas, under which $199 million would be spent to battle desertification in the state. Speaking at the signing of the MoU on Tuesday in Katsina, Governor Aminu Masari said the money would be used to fight desert encroachment in 11 frontline local government areas (LGAs) and mitigate the negative effects of climate change. According to him, the project is focused on the implementation of Jatropha Agropolitan clean energy business clusters in the Nigeria Great Wall Africa project in the state. He said that the project was the…
Sokoto state governor, Aminu Tambuwal has sought the approval of the State House of Assembly on the state’s 2022-2024 Medium Term Expenditure Framework (MTEF). The request is contained in a letter addressed to the Speaker, Aminu Achida and presented at the House plenary on Tuesday in Sokoto. Tambuwal said that the gesture was in line with the extant provisions of the Fiscal Responsibility Law of Sokoto State, 2019. He said that it required an outlined MTEF for the next three financial years be laid down as a guide for the coming year’s budget estimate. “The framework provides macro-economic projections and analysis…
Aisha Babangida, Chairman of the Better Life Programme for African Rural Women, has advocated equal opportunity for the girl-child through digital education, as their counterparts, to promote growth. Aisha, first daughter of the former military president, Ibrahim Babangida, said this at an event organised by Topaz Toastmaster Club (TMC), on Tuesday night in Abuja. The event themed: “Digital generation, our generation”, was organised by the club to commemorate this year’s United Nations International Day of the Girl Child. According to her, there is a gap in the female representation in governance, therefore the need to empower the girl-child to equally…