Federal Government

FAAC: FG, States, Others Share ₦3.88trn In 6 Months

FAAC: FG, States, Others Share ₦3.88trn In 6 Months

September 9, 2020 8:23 am

The Federation Accounts Allocation Committee (FAAC) shared ₦3.879trillion to the federal government, states, local government areas in the first half of 2020.

This was contained in the quarterly report on the review of the Nigeria Extractive Industries Transparency Initiative (NEITI) released on Tuesday.

A breakdown showed that ₦1.53trillion went to the federal government, ₦1.29trillion to states and ₦771.34billion to 774 LGAs.

FAAC disbursements in the second quarter of 2020 stood at ₦1.934 trillion.

Read Also: FAAC: FG, States, LG Share ₦635.8bn [See Breakdown]

The federal government got ₦739.2billion, ₦629.3billion went to state governments, and N375.4billion to 774 LGAs.

The Q2 …

‘I’m An Advocate Of Democracy‘ – Buhari Congratulates Obaseki

B-Haram Now ‘Mere Scavengers Desperate For Food’ – Buhari

August 12, 2020 8:56 am

President Muhammadu Buhari has dispelled assumptions that the terrorists in the Northeast had far more weapons and money than the federal government, stressing that what is left of them are “mere scavengers desperate for food, raiding shops and markets, and killing innocent persons in the process.”

This was one of the assertions made by the President at his virtual meeting with governors coordinated from the State House, Abuja on Tuesday – Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity said in a statement in Abuja.

The President, however, expressed concern that in spite of the fact …

Nigeria's Refineries Post ₦406.62 Billion Loss In Two Years

Nigeria’s Refineries Post ₦406.62 Billion Loss In Two Years

August 9, 2020 7:22 am

The four refineries owned by the Federal Government made a total loss of ₦406.62bn in two years, the latest audited financial statements of the plants have shown.

The refineries, which are located in Port Harcourt, Kaduna and Warri, have a combined installed capacity of 445,000 barrels per day but have continued to operate far below the installed capacity.

The country relies largely on importation for refined petroleum products as its refineries have remained in a state of disrepair for many years despite several reported repairs.

Read Also: 10 Governors Visit Dangote Refinery

The Kaduna refinery recorded a loss of ₦64.34bn …

Let’s Restructure Nigeria Now - Afenifere

No Inch Of Yoruba Land Will Be Ceded To FG And China – Afenifere

August 1, 2020 3:38 pm

The pan-Yoruba sociopolitical group, Afenifere, on Friday declared that no inch of Yoruba land will be ceded to creditors of the Federal Government should there be reasons for its creditors to make such demands.

Afenifere was reacting to reports that the Federal Government had signed an agreement with the Chinese government, which contains a clause that compels Nigeria to waive its immunity for itself or its property in case of a breach of the agreement.

In a statement by its spokesman, Mr Yinka Odumakin, Afenifere described the disclosure that a clause in a loan agreement signed by the President Muhammadu …

N3.4bn NSITF scam - Panel to probe Somefun, Kemi Nelson

₦3.4bn NSITF scam: Panel To Probe Somefun, Kemi Nelson

July 17, 2020 11:55 am

The Federal Government has set up a Presidential Joint Board Audit Investigation Panel to probe alleged ₦3.4 billion financial infractions levelled against the suspended Managing Director of the Nigeria Social Insurance Trust Fund, NSITF, Adebayo Somefun and three other directors.

The suspended directors are: Jasper Ikedi-Azuatalam, Executive Director (ED), Finance and Investment; Mrs Olukemi Nelson, ED, Operations and Alhaji Tijani Darazo Sulaiman, ED, Administration. 

Minister of Labour and Employment, Chris Ngige, set up the panel on Thursday.

The panel is chaired by Ibrahim Khaleel of the Nigeria Labour Congress and Chairman of the Audit Committee …

FG Loses N34bn Fraud Case Against Tompolo’s Firm, Others

FG Loses ₦34bn Fraud Case Against Tompolo’s Firm, Others

July 16, 2020 4:43 am

The Federal High Court in Lagos on Wednesday dismissed the entire 40 counts bordering on alleged ₦34bn fraud filed by the Federal Government against Global West Vessel Specialist Limited, a company linked to a former Niger Delta militant leader, Government Ekpemupolo, alias Tompolo.

The other defendants in the case were a former Director-General of the Nigerian Maritime Administration and Safety Agency, Patrick Akpolokemi, Kime Engozu, Rex Elem, Gregory Mbonu and Warredi Enisuoh.

Three other firms – Odimiri Electrical Limited; Boloboere Property and Estate Limited; and Destre Consult Limited – were also defendants in the criminal case filed by the Economic …

Senate To Debate Petroleum Bill October 20th

Job Employment: Senate Calls For Review Of Age Limits

July 15, 2020 12:51 pm

The Senate on Wednesday in an adopted motion asked the Federal government to direct the setting up of a committee to review age limits into the public service in Nigeria.

This followed a motion sponsored by Senator Ibrahim Gobir, who expressed concern that teeming Nigerian youths have been denied public service appointments due to age barrier.

Senator Ibrahim Gobir representing Sokoto East Senatorial District had explained that the Federal Government has placed embargo on employment in the last thirteen years, saying that somebody who graduated at that time may have reached the age bar of employment by the time the …

N-power Portal Was Not Hacked, It Is Secured ― FG

N-power Portal Was Not Hacked, It Is Secured ― FG

June 29, 2020 10:54 am

The federal government on Sunday has debunked reports that the N-Power portal had been hacked. Rather, the government said the portal was not only secured but also that it had not been compromised in any way.

This was as it also disclosed that more than one million applications were received from intending N-Power enrollees across the country in less than 48 hours.

The Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development, in a statement, Sunday night, through its Deputy Director Information, Rhoda Iliya, said, “Over 1,000,000 applications have been received from across the Federation in less than 48 …

FG Urges Parents To Shun Gov. Makinde’s “Insensitive” Decision

FG Urges Parents To Shun Gov. Makinde’s “Insensitive” Decision

June 23, 2020 8:12 am

The Federal Government on Monday kicked against the reopening of schools in Oyo State amidst COVID-19 pandemic, describing such as insensitive to the health of the people.

Mr Emeka Uwajiuba, Minister of State for Education, said this at the Presidential Task Force on COVID-19 daily news conference in Abuja.

The News Agency of Nigeria (NAN) reports that Gov. Seyi Makinde of Oyo State had earlier ordered the reopening of schools across the state.

According to the minister, it is expedient to recognise the fact that Oyo State is a government operating under the Constitution of the Federal Republic of Nigeria …

FG Congratulates Mo Abudu On Netflix Deal

FG Congratulates Mo Abudu On Netflix Deal

June 13, 2020 2:23 pm

The Federal Government has congratulated media entrepreneur and filmmaker Mo Abudu over her partnership with leading global streaming service Netflix to create two original series as well as multiple Netflix-branded films.

In a statement issued in Abuja on Friday, by his SA on media, Segun Adeyemi, the Minister of Information and Culture, Alhaji Lai Mohammed, said the partnership, for on-screen adaptation of Wole Soyinka’s ‘Death and The King’s Horseman’ and Lola Shoneyin’s ‘The Secret Lives of Baba Segi’s Wives’, adds another feather to Mo Abudu’s already well-adorned creative cap.

For criticising Lai Mohammed, court remands Osun-based poet Nigeria’s Anthony …

Agitations For 2023 Succession Plans Unhelpful – Gov Udom

FG’s Palliative Rice Unfit For Human Consumption – Akwa-Ibom Govt

June 12, 2020 7:33 am
Akwa Ibom State Governor, Mr. Udom Emmanuel has discarded 510 of the 1800 bags of custom bonded rice given to the State as palliative by the Federal government.

The Secretary to the State Government and Chairman of COVID-19 Committee, Dr Emmanuel Ekuwem who disclosed this during the 13th edition of Covid-19 update on Thursday, said the State government took the
decision after the laboratory test results showed that the 510 bags were unfit for human consumption.

His words, “As we reported a few weeks ago, we took delivery of 1800 bags of impounded Nigerian Customs warehouse bonded rice donated to

…
Shehu Sani Suggests Ways Of Defeating Supporters Of Kanu’s IPOB

Shehu Sani Suggests Ways Of Defeating Supporters Of Kanu’s IPOB

June 10, 2020 11:13 am

Former Kaduna Central Senator, Shehu Sani, has asked the federal government to treat all Nigerians with fairness irrespective of tribe.

Shehu Sani was speaking on the backdrop of calls by a foremost separatist group, IPOB, demanding a split of the country.

He advised that Igbos be treated with fairness and justice to defeat IPOB.

IPOB led by Nnamdi Kanu has been at the forefront to actualise the sovereign state of Biafra, thereby breaking up Nigeria.

A few days ago, the Presidency accused Kanu and his group of trying to destroy Nigeria before the international community.

And Kanu boasted that …

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