Author: Lawal AbdulSalam Olawale

  • FAAC shares N903.480 bn September revenue to FG, states, LGs

    FAAC shares N903.480 bn September revenue to FG, states, LGs

    The Federation Account Allocation Committee (FAAC) has shared a total of N903.480 billion September 2023 Federation Account Revenue to the Federal Government, states and Local Government Councils (LGCs).

     

    This is contained in a communique issued by the FAAC at the end of its October meeting held in Abuja on Tuesday.

     

    The communique indicated that the N903.480 billion total distributable revenue comprised distributable statutory revenue of N423.012 billion, Value Added Tax (VAT) revenue of N282.666 billion, Electronic Money Transfer Levy (EMTL) revenue of N10.989 billion and Exchange Difference revenue of N 186.813 billion.

     

    It stated that a total revenue of N1594.763 billion was available in the month of September 2023.

     

    “Total deductions for cost of collection was N54.426 billion, total transfers and refunds was N347.857 billion and savings was N289.000 billion,” the committee stated.

     

    It said that gross statutory revenue of N1014.953 billion was received for September, which was higher than the N891.934 billion received in August by N123.019 billion.

     

    It added that the gross revenue available from VAT was N303.550 billion, which was lower than the N345.727 billion available in August by N42.177 billion.

     

    “From the N903.480 billion total distributable revenue, the Federal Government received a total of N320.543 billion, the state governments received N287.071 billion and the LGCs received N210.900 billion.

     

    “A total sum of N84.966 billion (13 per cent of mineral revenue) was shared to the relevant states as derivation revenue.

     

    “From the N423.012 billion distributable statutory revenue, the Federal Government received N190.849 billion, the state governments N96.801 billion and LGCs received N74.629 billion.

     

    “The sum of N60.733 billion (13 per cent of mineral revenue) was shared to the relevant states as derivation revenue,’” it said.

     

    It said that the Federal Government received N42.400 billion, the state governments received N141.333 billion and the LGCs received N98.933 billion from the N282.666 billion VAT revenue.

     

    The communique further said that N10.989 billion EMTL was shared as follows:

     

    The Federal Government received N1.648 billion, the state governments received N5.495 billion and the Local Government Councils received N3.846 billion.

     

    “The Federal Government received N85.647 billion from the N186.813 billion Exchange Difference revenue, the state governments received N43.442 billion, and the LGCs received N33.491 billion.

     

    “The sum of N24.233 billion (13 per cent of mineral revenue) went to the relevant states as derivation revenue.

     

    “The balance in the Excess Crude Account (ECA) was 473,754.57 dollars,” it said.

     

    The News Agency of Nigeria (NAN) reports that in September, Petroleum Profit Tax (PPT) and Oil and Gas Royalties increased considerably while VAT, Import and Excise Duties, EMTL, Companies Income Tax (CIT) and CET Levies recorded significant decreases. (

  • Reps pass bill on 65-year retirement age for NASS staff

    Reps pass bill on 65-year retirement age for NASS staff

    The bill seeking to extend the retirement age of staff of National Assembly has scaled through Second Reading on the floor of the House of Representatives.

     

    The private member bill was sponsored by the Deputy Minority Leader, Hon. Aliyu Sani Madaki.

     

    The controversial bill had during the 8th and 9th Assemblies suffered major setbacks following a series of opposition from various stakeholders who argued that the extension of the retirement age from 60 to 65 years and 35 service years to 40 years will create redundancy and stagnancy among the workers.

    However in his lead debate 1o1n Tuesday,1111 Hon. Madaki explained that the bill seeks to make provision for a harmonized retirement age for staff of the National Assembly and make it independent.

     

    The proposed legislation also proposed a retirement age of 65 years or 40 years of service, whichever comes first.

     

    He stated that this extension will help for the efficiency of work of the professionalized staff of the National Assembly.

    On his part, Hon. Ali Isa who supported the Bill stated that it will maintain the specialized experience of staff in the National Assembly.

     

    He stated that Nigeria Labour Congress (NLC) has also called for this extension across board which is already in practice in many parts of the world.

    Also speaking, Hon. Abdullahi Rasheed argued that the bill when passed into law will boost the morale of the staff of the National Assembly and ensure they deliver on the complex nature of the services they render.

     

    After the debate, the bill was referred to the House Committee on Public Service Matters for further legislative action.

     

    Recall that the Chairman of National Assembly Service Commission (NASC), Engineer Ahmed Amshi had in the wake of the controversy trailing the purported plan by the erstwhile Clerk for the National Assembly (CNA), Sani Omolori to unilaterally enforce a new condition of Service, directed that status quo on the 35 years and 60 years of age whichever comes first should be maintained.

    According to the memo dated 15th July 2020 titled: ‘The National Assembly Service Commission approves the retirement age for the staff of the National Assembly Service as 35 years of service and 60 years of age whichever comes first.”

     

    In pursuant to its mandate as provided in the National Assembly Service Act, 2014 (as amended), the National Assembly Service Commission at its 497th meeting held on Wednesday, 15th July, 2020 approved the retirement age of the staff of the National Assembly Service as 35 years of service or 60 years of age whichever comes first.

  • Prison Congestion: FG set to convene national summit on justice — AGF

    Prison Congestion: FG set to convene national summit on justice — AGF

    Disturbed by the rising number of awaiting trial inmates in the country and the delay in determination of cases in court, the Federal Government, on Tuesday, said it has concluded plans to convene a national summit on justice.

    The Attorney-General of the Federation and Minister of Justice, Mr. Lateef Fagbemi, SAN, made the disclosure at the opening session of a three-day national stakeholders’ forum on the review of the implementation of the Administration of Criminal Justice Act (ACJA) 2015 & Administration of Criminal Justice Laws of States.

     

    Participants at the opening ceremony of the workshop, included the Chief Justice of Nigeria, Justice Olukayode Ariwoola; President of the Court of Appeal, Justice Monica Dongban-Mensem; the Chief Judge of the Federal High Court and the High Court of the Federal Capital Territory; the Solicitor-General of the Federation and Permanent Secretary of the Ministry of Justice, Mrs. Beatrice Jedy-Agba; as well as the President of the Nigerian Bar Association, Mr. Yakubu Maikyau, SAN.

     

    Others, were; the Minister of Interior, Dr. Olubunmi Tunji-Ojo; the Inspector General of Police, Olukayode Egbetokun; Representatives of the Nigerian Correction Center; Chairman of the Independent Corrupt Practices and other related offences Commission, Prof. Bolaji Owasanoye, SAN, the Director General of the Drug Law Enforcement Agency, Buba Marwa; and Attorneys General of all the 36 States of the federation.

     

    In his keynote address, the AGF, Fagbemi, SAN, maintained that a cardinal point of the Renewed Hope Agenda of the President Bola Tinubu-led administration, “is the commitment to ensuring that the criminal justice system of our country is more responsive to the demands of Nigerians for a simple, fast, efficient, effective, fair and trustworthy system for dispensation of justice.”

     

    He said: “This forum will afford us the opportunity to collaboratively look back, evaluate and benchmark our performances in a journey that would lead to the improvement of our criminal justice system.

     

    “It will help us to conduct a form of peer review of respective States approaches to the challenges of criminal justice administration, and also bring to the fore common approaches to common challenges confronting criminal justice administration.

     

    “Accordingly, in conducting this review of the ACJA/ACJLs, we need to ask ourselves pointed questions regarding the nature and workability of the strategic amendments that we need to do in order to make ACJA/ACJLs respond to critical challenges and needs of our society.

    We need to know what we could have done better, and how much further we need to go to enable us achieve the desired outcome.

    “So much has happened since the passage of ACJA in 2015. Of great significance is the development of the National Policy on Justice, which was developed in 2017 through a collaborative platform.

     

    “Indisputably, the National Policy on Justice identified some of the root causes of the failures and inadequacies in our entire justice system, and sought ways to consolidate on various reform efforts across justice sector institutions.

     

    “The Federal Ministry of Justice is making plans with relevant stakeholders to convene a National Summit on Justice to consider and adopt a revised National Policy on Justice, 2024 – 2028.”

     

    Continuing, the AGF, said: “The second intervening issue since the enactment of ACJA, which I would like to comment on, as it touches on the corrective aspects of our criminal justice system, relates to the recent amendment of the Constitution of the Federal Republic of Nigeria, 1999 by the 9th National Assembly – vide Fifth Alteration (No. 15) Act of 2023.

    As we may all recall, the Fifth Alteration (No. 15) Act of 2023 deleted the legislative item “prisons” from the Exclusive Legislative List, re-designated it as “Correctional Services” and re-categorised it as a legislative item under the Concurrent Legislative List. The effect of these constitutional changes is that the Houses of Assemblies of the various States of the Federation can now make laws for their respective States in matters pertaining to Correctional Services.

     

    “It has therefore become imperative to properly address issues arising directly from these constitutional changes. Central among these issues is the need for expedited collaboration and coordination between the respective States of the Federation and the Nigerian Correctional Service, for the purpose of ensuring proper structuration and delineation of responsibilities on custodial and other correctional matters.

     

    “This will help in tackling issues of custodial rights and related correctional policies and its challenges,” the AGF added.

     

    While the SGF, Mrs. Jedy-Agba, said the forum was a vital platform for collaboration, dialogue, and exchange of ideas on the implementation of the ACJA (2015) which she described as fundamental to the principles of justice, fairness, and accountability that underpin any democratic society.

     

    The CJN, who was represented by a Justice of the Supreme Court, Justice Tijjani Abubakar, while declaring the forum open, said the meeting was apt and timely.

    This is a step in the right direction. I ask that the same zeal that gave rise to the enactment of ACJA should also be channeled towards its implementation,” the CJN pleaded.

     

  • Reps Invite CBN Gov Over FX Ban Lifted On 43 Items

    Reps Invite CBN Gov Over FX Ban Lifted On 43 Items

    Reps Invite CBN Gov Over FX Ban Lifted On 43 Items.

    The House of Representatives is to invite the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, over the new policy lifting forex restriction on 43 items.

    The House wants a clarification on the policy and its implications on the economy.

    Two weeks ago, the apex bank lifted forex ban on 43 items and also promised to intervene in the FX market from “time to time”.

     

    The apex bank had in 2015 restricted the items from accessing FX from the I&E window, saying they were not valid for foreign exchange and could be produced in the country. Items affected include rice, cement, palm kernel, meat and processed meat products, poultry, soap, and cosmetics among others.

     

    But weeks ago, the apex bank in a statement said, “As part of its responsibility to ensure price stability, the CBN will boost liquidity in the Nigerian Foreign Exchange Market by interventions from time to time. As market liquidity improves, these CBN interventions will gradually decrease.

     

    “Importers of all the 43 items previously restricted by the 2015 Circular referenced TED/FEMFPC/GEN/O1/010 and its addendums are now allowed to purchase foreign exchange in the Nigerian Foreign Exchange Market

     

    The lawmakers passed the resolution to summon the CBN governor, following the adoption of a motion of urgent public importance by a member, Sada Soli, calling for clarification on the policy and its implications on the economy.

     

    The lawmaker drew the attention of the House to the fact that some of the initially prohibited items have tariffs to protect local industries.

     

    Further worried that Nigeria will not be competitive in the African Continental Free Trade Area if its markets are flooded with imported finished goods, the House resolved that its relevant committees should invite the central bank governor for further explanation

  • Oyetola reveals core agenda for marine, blue economy

    Oyetola reveals core agenda for marine, blue economy

    The Minister of Marine and Blue Economy, Gboyega Oyetola, on Monday evening said his core agenda remain the opening of nation’s blue economy virile private investments and Public Private Partnership (PPP).

     

    He made the disclosure at the dinner session of the ongoing 29th Nigerian Economic Summit, holding in Abuja. The event was put together by the Nigerian Economic Summit Group.

     

    At the session themed: ‘Sailing to Success: Harnessing Nigeria’s Maritime Potential,’ Oyetola who is the immediate past governor of Osun State, reiterated his ministry’s commitment to fixing some of the challenges confronting the nation’s marine and blue economy and opening up the sector to private investments and public-private partnerships.

    He noted that just as the country has witnessed the transformation in the telecoms and power sectors through private sector participation, he believes that enabling private sector investments is key to unlocking Nigeria’s economic potential in the Marine and Blue Economy sector.

     

    Oyetola also spoke of government’s readiness to enhance efficiency at the ports and facilitate the establishment of private sector-led Maritime Development Zones for the co-location of ancillary services such as “wreck removal, wreck recycling, ship building, ship repairs, etc.

     

    “We are also working to streamline the number of government agencies operating at the ports through the full implementation of the National Single Window initiative. We are also automating port operations through the deployment of a Port Community System and phasing out manual cargo inspections,” the minister was partly quoted.”

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    Oyetola further noted the importance of expanding the domestic shipping fleet by encouraging new shipping lines and enforcing the Cabotage Act more rigorously, adding that “it is imperative that we move quickly towards improving the navigability of our waters, increase the draughts of our ports, achieve 24-48 hours cargo clearance, and ensure adequate connectivity of our ports to the hinterland, with efficient road and rail networks.”

     

    The minister added that “our goal is to build a thriving maritime and blue economy sector that makes a substantial contribution to Nigeria’s GDP. I commend the Nigerian Economic Summit Group, NESG, for being a leading private sector-led think-tank and for advocating economic policies and initiatives that will reform and transform our country’s economy.”

  • Lagos doctor, Olaleye, bags life imprisonment for rape

    Lagos doctor, Olaleye, bags life imprisonment for rape

    The Lagos State Sexual Offences and Domestic Violence sitting in Ikeja on Tuesday sentenced the Medical Director of Optimal Cancer Care Foundation, Doctor Olufemi Olaleye, to life imprisonment for the defilement of his wife’s niece.

     

    Justice Rahman Oshodi sentenced him after he found him guilty of the offence of defilement and sexual penetration of a 15-year-old girl.

     

    The judge held that the prosecution was able to prove its case beyond reasonable doubt and that all the evidence before the court corroborated that of the victim.

     

    Olaleye was arraigned on two counts which bordered on defilement and sexual assault by penetration of his wife’s niece, preferred against him by the Lagos State Government.

    The convict was arraigned on November 30, 2022, and he pleaded not guilty to the offences.

    The Director of Public Prosecutions Dr Babajide Martins had told the court that Olaleye had committed the offences sometime between February 2020 and November 2021.

    He said the offence took place at No 17, Layi Ogunbambi close, Maryland, Lagos state.

    According to the prosecution the offences committed contravened Sections 137 and 261, of the criminal law of Lagos State 2015.
    Following his plea of not guilty, Justice Oshodi granted him bail in the sum of N50m with two sureties in like sum who must have landed property in Lagos state.
    The judge ordered that both sureties must also provide evidence of tax payments to the Lagos state government in the last three years.
    Justice Oshodi further ordered that Olaleye must deposit his international passport including his British passport and original documents of landed property to the registrar of the court.
    During the trial, the convict’s wife, Aderemi Olaleye, told the court that her husband had been sexually abusing her niece during her stay with them.
    She testified that the convict first introduced pornography and oral sex to the victim and he released sperm into her mouth.
    She said it started in March 2020 till July 2021.
    The witness narrated to Justice Oshodi, that the girl confessed to a relative and their driver that the doctor had been sleeping with her and threatened to kill her and the witness if she told anyone.
    The mother of two, who is the complainant said on oath, “My lord, on November 27, 2021, my second cousin told my aunty who is my mother’s sister that since March 2020 Femi has been sexually abusing her and introduced her to pornography, from there he graduated to oral sex with her, that he does this in different places in the home where there are no cameras.
  • CAC boss uncovers 189 fake companies positioned to defraud Nigerians

    CAC boss uncovers 189 fake companies positioned to defraud Nigerians

    The new Corporate Affairs Commission (CAC) Registrar-General Hussaini Magaji says he uncovered 189 fake companies positioned to defraud well-meaning Nigerians within one week after assuming office.

     

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    Magaji told newsmen on Tuesday in Abuja that the commission arrested a syndicate of criminals which specialised in operating numerous unregistered companies.

    One of the milestone achievements upon my assumption of duty is our ability to burst a ring of criminals that are creating havoc in the commission.

    About 189 fake companies have been identified to be used by these groups of persons to secure lands.

    We discovered that these non existing entities collaborate with lawyers who claim to be accredited agents with the commission.

     

     

     

    ”They collaborate with some staff of the Abuja Geographical Information System, (AGIS), manage their way to make applications at the AGIS and take priority over existing applications.

    With the collaboration of security agents we arrested the suspect who had volunteered some information,” he said.

     

     

     

    He said the suspect was arrested due a complaint from the FCTA asking the commission to verify some applications made by some entities.

    He said upon findings, the commission discovered that the companies were not even in existence.

     

    ”The nature of their crime is that they create a fake entity and apply for land at the FCTA and manoeuvre their way to have a priority application over an existing application.

     

     

     

    ”To take over the land and they have succeeded severally in the past.

     

     

     

    The CAC scribe then reiterated his commitment to deter others from engaging in such acts.

     

     

     

    On plans for the Commission, Magaji said more efforts would be geared towards increasing revenue for the Commission.

     

     

     

    The registrar- general said upon his assumption to duty, he came up with some agendas among which is human capital development.

     

     

     

    ”I think this is essential to the discharge of the responsibilities of any staff in the commission and we are taking it seriously.

     

     

     

    ”Followed by the welfare of staff; this is one of the issues we met in the commission that is lingering and creating havoc in the commission.

     

     

     

    ”So we have plans to address it as soon as possible; we have set an agenda and will discuss it in our next management meeting,” he said.

     

     

     

    The CAC boss however enjoined the staff to also ensure to play their part towards moving the organisation forward even as the management was making moves to do theirs.

     

     

     

    On ease of doing business, he said it was one of the priorities of the President Bola Tinubu’s administration and the Commission would work at ensuring that.

     

     

     

    ”That is one of the reasons why we are not talking about reviewing charges. One of the key things we will also do is to further simplify the process of registration,”he said.

     

     

     

    Magaji was appointed as the registrar-General of the Commission on Oct. 13.

  • Coup: US suspends assistance to Gabon

    Coup: US suspends assistance to Gabon

    The United States has suspended most assistance to the government of Gabon.

     

    In a statement on Tuesday, the spokesperson for the US Department of State, Matthew Miller, said the suspension was in line with section 7008 of the Department of State’s annual appropriations act.

     

    “The United States has concluded that a military coup d’état has taken place in Gabon. Pursuant to section 7008 of the Department of State’s annual appropriations act, the United States is suspending most U.S. assistance to the Government of Gabon.

     

    “This foreign assistance has been temporarily paused by the United States since September 26.

    We underscore that our humanitarian, health, and education assistance will continue to benefit the people of Gabon,” Miller said.

    On 30 August 2023, a coup d’état occurred in Gabon shortly after the announcement that incumbent president Ali Bongo had won the general election held on 26 August.

    The coup brought an end to the 56-year-long rule of the Bongo family over Gabon. The US had paused its assistance to Gabon.

     

    He, however, assured that the people of Gabon would continue to benefit from its life-saving humanitarian assistance.

    He said, “The United States reaffirms our commitment to support Gabon in conducting a timely and durable transition to democratic civilian governance and advancing shared security interests in the Gulf of Guinea.

     

    “We will resume our assistance alongside concrete actions by the transitional government toward establishing democratic rule. We will continue to work closely with the Gabonese people and regional partners.”

     

    The country added, “The United States stands with the Gabonese people in their aspirations for democracy, prosperity, and stability.

  • FG introduces HPV vaccine into routine immunisation

    FG introduces HPV vaccine into routine immunisation

    The Federal Government on Tuesday introduced the Human Papillomavirus vaccine into the routine immunisation system.

     

    The vaccination targets over seven million girls, which is the largest number in a single round of HPV vaccination in the African region.

     

    The PUNCH reports that girls aged nine to 14 years will receive a single dose of the vaccine, which is highly efficacious in preventing infection with HPV types 16 and 18 that are known to cause at least 70 per cent of cervical cancers.

     

    In Nigeria, cervical cancer is the third most common cancer and the second most frequent cause of cancer deaths among women aged between 15 and 44 years.

    In 2020, Nigeria recorded 12,000 new cases and 8,000 deaths from cervical cancer.

     

    A statement by the World Health Organisation noted that a five-day mass vaccination campaign in schools and communities will be carried out during the inaugural rollout in 16 states and the Federal Capital Territory.

     

    “The vaccine will then be incorporated into routine immunisation schedules within health facilities. The second phase of the vaccination introduction is set to start in May 2024 in 21 states.

    The vaccine is being provided for free by the Federal Ministry of Health through the National Primary Health Care Development Agency with support from Gavi, the Vaccine Alliance, the United Nations Children’s Fund, the World Health Organisation, and other partners.

     

    “With support from the WHO country office in Nigeria and other partners, over 35 000 health workers have so far been trained in preparation for the campaign and subsequent vaccine delivery in all health facilities.

     

    “Vaccination sites have been established in all 4,163 wards across the 16 states included in the phase one rollout to ensure no eligible girl is left behind. Mobile vaccination units have also been set up to ensure that remote communities can access the vaccine,” the statement read in part.

    The vaccine is being provided for free by the Federal Ministry of Health through the National Primary Health Care Development Agency with support from Gavi, the Vaccine Alliance, the United Nations Children’s Fund, the World Health Organisation, and other partners.

    “With support from the WHO country office in Nigeria and other partners, over 35 000 health workers have so far been trained in preparation for the campaign and subsequent vaccine delivery in all health facilities.

    “Vaccination sites have been established in all 4,163 wards across the 16 states included in the phase one rollout to ensure no eligible girl is left behind. Mobile vaccination units have also been set up to ensure that remote communities can access the vaccine,” the statement read in part.

    According to the Coordinating Minister of Health and Social Welfare, Prof Ali Pate, the loss of about 8000 Nigerian women yearly from a disease that is preventable is unacceptable.

     

    “Cervical cancer is mostly caused by HPV, and parents can avoid physical and financial pain by protecting their children with a single dose of the vaccine. Saving lives, producing quality health outcomes and protecting the well-being of Nigerians are central to the Renewed Health Agenda of President Bola Tinubu.

     

    “The onset of the vaccination campaign is an opportunity to safeguard our girls from the scourge of cervical cancers many years into the future. As a parent myself, I have four daughters, all of whom have had the same HPV vaccine to protect them against cervical cancer. I’d like to implore fellow parents to dutifully ensure that this generation of our girls disrupt the preventable loss of lives to cervical cancer in addition to other untold hardship, loss, and pain,” Pate said.

     

    Also, the WHO Representative in Nigeria, Dr Walter Mulombo, said, “This is a pivotal moment in Nigeria’s efforts to lower the burden of cervical cancer – one of the few cancers which can potentially be eliminated through vaccination.

    We’re committed to supporting the government to increase access to the HPV vaccine to protect the health and well-being of the next generation of women.”

     

    WHO recommends that HPV vaccination is included in the national immunisation programmes of countries where cervical cancer is a public health priority, and where its cost-effective and sustainable implementation is feasible.

     

    “As such, Nigeria has prioritised the addition of the vaccine to the country’s routine immunization schedule.

     

    “Global supply shortages have slowed Gavi-supported vaccine introductions. These supply issues are now easing thanks to years of market-shaping efforts to develop a more robust HPV vaccine market and the single dose recommendation.

     

    “Recognizing this critical opportunity to reach more girls with higher levels of global HPV vaccine supply and renewed momentum towards accelerating efforts to prevent cervical cancer, the Gavi board approved the revitalisation of its HPV vaccine programme with an investment of over $600 million by the end of 2025. With the additional funding, Gavi and its partners have set an ambitious goal to reach over 86 million girls by 2025, aiming to avert over 1.4 million future deaths from cervical cancer,” the statement added