Tag: Fed Govt

  • ‘Fed Govt can’t monitor how states spend Paris Club funds’

    ‘Fed Govt can’t monitor how states spend Paris Club funds’

    Kwara State Governor Abdulfatah Ahmed spoke with reporters in Ilorin, the state capital, on his achievements and constraints, the Paris Club fund, the menace of herdsmen and other issues. Group Political Editor Emmanuel Oladesu was there.

    This is about your seventh year in office. Looking back, what are the things you feel you should have done better which you did not do?

    Largely, when you are coming into an office like this, you have very high expectations, high hopes of things you want to achieve. But don’t forget that you are largely guided by a well- designed, methodically put together Medium Term Expenditure  Framework (MTEF) keyed into our budgeting systems. And most importantly, we have looked at an aggregate of what the needs of our people are and we’ve worked out the financial model to suit into these. As it is, I will say I am happy with some of the areas we’ve been able to achieve and made impact in areas of health, water supply, roads and most importantly, we’ve impacted on the basic education level too.

    As it is, we have been challenged financially. It is not unconnected with the fact that we are all heavily reliant on the federally allocated funds. But I am happy to let you know that we have changed our revenue base and have since changed our funding window and improved the way and manner in which we are carrying out our expenditure in Kwara State.  As it is now, we don’t have the luxury of time but the modest achievements we’ve had had, have since keyed into our revenue base and our programmes are being carried on despite the paucity of funds that we are faced with in the country today.

    We understand that you are one of the states paying salaries as at when due, how have you been able to do that and what Kwara do you intend to leave behind?

    The financial challenge started kicking in around 2013-2014 and this prompted our senses to look at other areas where funds can be assessed. The first thing we did was looking internally. We reviewed our revenue generating platform. We changed the people, we changed the process and we changed the technology to drive the process and this saw the movement of our revenue from an annual accrual of N7 billion to about N17 billion.  That automatically created some level of headroom to carry out our expenditure- both recurrent and expenditure, hence our ability to support salaries and also carry out capital projects as you see them going on right now.

    Are you grooming anybody to succeed you and do you think your party, the APC, has performed well to merit another term in 2019?

    Firstly, at the state level, what drives governance truly are strengthened institutions.  As it were, in addition to our desire to ensure that our programmes as encapsulated in our budget are carried out to the letter, but most importantly we are strengthening the institutions  that will support governance. These are the areas that drive good governance and deliver service. So, with the arrangements that are in place, we are sure that those who will come in with the strengthened institutions will begin to see the need on how to carry these things out accordingly. So, there is no fear about who is coming in to take over from us.

    On the issue of status at the federal level, you and I are not unfamiliar with the fact that there was a major shift from the PDP to the APC, and truly, the APC came with a lot of expectations. However, the attendant circumstances at the time the APC government was being ushered in, especially the drop in the price of crude oil affected the economy.

    In trying to gauge what APC has done so far, from a modest perspective,  I think it has done well because it had so many facets to tackle. It has the facet of ensuring that institutions are working, ensuring that resources are available to drive programmes; there is a huge deficit of infrastructure especially in energy and roads. These are very critical to development and growth. So, by and large, getting to create platforms that will bring these things into the right platforms to allow governance to move on was quite herculean. I will say that modestly, the APC government has achieved and it requires some time to build on what it has achieved as platforms to give the desired impact that will truly change what people’s expectations are.

    What are some of the legacy projects you administration has put in place in the last seven years?

    In the last seven years, we have approached developments from a very strategic perspective. Firstly, we broke down our systems into Human Capital Development which can even drive our infrastructure.  In the area of Human Capital Development, we looked at the tertiary institutions and we sought to enhance engineering in the state university. As it is, we have been able to build a brand new Engineering Complex to give a proper platform for engineering studies in Kwara State University.  Of course, in the secondary schools, we have not only renovated quite a number of our classrooms, we have also been able to ensure that teachers are available on the agreed ratio basis to teach the pupils. I am happy to let you know that we have been able to translate this into an increased percentage of students that are passing at the right level to close to about 64 to 70 percent which is quite new and a major achievement for us here.

    In the area of health, we modelled five general hospitals across the state, one of which was the Ilorin General Hospital which hitherto was the University of Ilorin Teaching Hospital and since they moved out to the permanent site, they left a carcass there. We have since transformed this into a first-class general hospital that is centrally located and serves our people.  And most importantly, it is fully equipped and it fully complements the University of Ilorin Teaching Hospital in terms of service both in material and personnel.  We have also worked in other areas of the state especially in Kwara North where we remodelled a general hospital in Kaiama. We also remodelled the hospitals at Share, Offa and the one in Omu- Aran also remodeled. Of course, we have a plethora of basic health centres that have also been worked on but  these ones are very critical because they are the secondary level of healthcare service delivery.

    In terms of roads, we have done roads across the 16 local governments. Some are being rehabilitated, new ones are being done. We are carrying out what we call the Diamond Underpass, which is going to be the first of its kind in this environment. But most importantly, the roads have touched every local government, township roads, state roads linking communities, farmlands and several other areas too numerous to mention.

    To what extent have local entrepreneurs keyed in into the activities of the Zimbabwean farmers and in what ways have their presence impacted on the economy of the state?

    The concept of Shonga, coming in at high level of commercial farming would naturally see it requiring input from small scale farmers, especially in input provision. That is provision of grains – maize and soya.  They are largely grown by farmers, who have keyed into an off-taker/demand driven scheme.  The Shonga farmers are part of the off-takers and their presence and demand for maize and soya alone has created increase in growing of maize and soya along that axis and other areas of the state.  Don’t forget that apart from the Shonga farms, we still have other big farms still poultry farms, which are also off-takers for legumes and seeds.

    This has made it easy for us to get our farmers under our funding window to grow maize and soya to be fed into these input requiring platforms. I am happy to let you know that we have a large army of farmers, who are not only supported with funding for inputs, but with extension workers and I have seen some of them move from two to five tonnes per hectare. This is still very modest, but it is an achievement, which we hope to upscale as we move on because the poultry farms are growing in size and the value chain is huge.  So, it has been truly beneficial as an off-taking platform for our crop farmers.

    In spite of the gains that you listed, some people are still sceptical about the benefit of the coming of the Zimbabwean farmers?

    Like I said, they are pioneering commercial farming as we have not seen commercial farms here before.  What we had before now were subsistence farmers. Our people were not used to farms that are linked from the beginning to the end – farms that have value chain scheme.

    For instance, poultry, starting from growing of grains to hatching of eggs by parent stock to produce eggs that would be taken to the hatcheries to produce the Day Old Chicks (DOCs) that are taken to farms, grown to table size, moved on to the slaughter slabs, slaughtered and made available for consumption. This is a whole value chain and this is exactly what is happening in Shonga and they have one of the best hatcheries in the West African sub-region.

    People should see that when they start with maize that they end up with processed chicken, so you need to see how the value chain comes in. What we have now is a farming system that has changed agriculture from being a social business to a proper business through which wealth could be created and I am happy that it has changed the way agriculture is viewed in Kwara State.

    What is the debt profile of your state?

    The debt profile is there and we are not running away from that. The state must run on debt because of the need to meet our cash flow, which is structured in line with our budgeting requirements. But, most importantly, our debt profile is modest and it has been restructured by the Federal Government under the bailout concept. The Federal Government has created an additional headroom for us through taking over our loans from our hitherto lenders and this has given us room to carry out our activities. But, I want to let you know that we still have additional capacity to borrow as we improve on our revenue generation because loan is largely needed to augment cash need to support our developmental programmes and our ability to take loans will depend on our ability to pay back.

    What happened to the projects left by your predecessor?

    All projects we met on assumption of office, especially capital projects, were taken to completion level. They were completed because our campaign promise was ‘legacies continue’ and it meant that we were going to complete those projects for the people to enjoy the benefits. We have since completed them, initiated new ones and completed some, while some are still ongoing.

    Did you question some of the projects before you completed them?

    I didn’t question them because I was part of that government and I was among those who designed the Medium Term Expenditure Framework (MTEF) that supported those programmes. I was the commissioner for Planning, so part of what I actually executed in my first term in office was designed when I was commissioner for Finance and was keyed into the existing programmes. That was why we had a seamless transition.

    Do you think governors should be monitored on how they use the Paris Club refunds?

    The Paris Club money is a refund to the states which presupposes that their monies had been taken in the past and is being returned to them. For us in the state we had expectations of this money and we keyed it into our budgeting system and it has since supported the execution of the 2017 budget.

    Why would you monitor people on how they execute their programmes? It is their money. If I borrow money from you today and I pay you back, would I tell you how to spend the money? I can only give my advice.

    Like the president said they should pay salaries and all that?

    He was just being suggestive because those were the pressures that brought across to him by governors in making the request for their refunds. So, he was also advising that since some of you said you need it to pay salaries, this is the money, just pay salaries so that they are happy’ but that does not mean that it is to compel governors.

    What is your reaction to the call for the creation of cattle colonies?

    I think we need to sit down and truly look at what is going to work for us as a country. We must first recognised that the cattle herders are Nigerians whose interests have not been truly looked into in the light of the services that they render to the national economy. We require a very responsive agricultural policy which must be holistically pursued and must carry everybody inclusively to ensure that nobody is left out. I am sure that by the time that we are able to sit down and look at what practises are done in other parts of the world we would be able to domesticate something that would suit our interest and will suit our peculiarities. But one thing is clear, the way and manner we used to do it in the past is not going to work again because the space is getting smaller, the population is growing and we require optimal land use in such a way and manner that we will begin to get the right benefit. Most of our lands especially for agriculture is not optimally utilised. So much land but with very small output because we have not improved on the way and manner that we are going to create inputs and expect outputs; i.e. based on education, types of seeds, types of herbicides. All these things would need to be reviewed holistically so that we begin to see optimal land use to generate maximum wealth and also create space for cattle herders in such a way that they would see the benefit of improving over and above what they are doing today. Everybody knows that the movement of cows from one location to the other is very tiresome and most importantly, does not give us the kind of benefit that we are supposed to get from the cattle. By the time they move from Point A to Point B, they are almost emaciated.

    It requires that we create a more enabling environment in advocacy in terms of other benefits of not moving around. These are things that government must put in place; then we begin to create laws that would guide utilisation.

    So lets look at it holistically, domesticate what is done in different parts of the world and begin to skew our people through advocacy that will make them see the new methods as attractive

    After your stint as governor what is your next aspiration?

    Sincerely, I am so overwhelmed with the current need to take my activities to finishing point. I see the challenges that we are faced with now; paucity of funds, high demands by people and also the need to carry all these projects to desired levels. It is so herculean that I require to see it taken to the next level and that will define my next movement to whatever I need to do in future.

    How far have you gone in making Kwara state an agricultural hub of the nation?

    Agric as you know is one area that has been supported by the federal government through various funding windows.  As a state, we’ve taken advantage of all the platforms provided by the Federal Government. You will recall that we pioneered commercial agriculture through invitation of displaced farmers from Zimbabwe who came in to drive commercial agriculture here. As it is, we are happy that they have gone through their thick and thin and have settled down into three major consumptions largely: poultry, mixed cropping and dairy.

    premised on my energy which I think I still have; I am available to do a lot of things, but the most critical point is to take our projects to completion level as encapsulated in our campaign promises and also being able to overcome the financial challenges we are faced with.

    Are you not worried that the APC may be losing ground in Kwara State after the PDP made inroads into some councils during the last LG elections in the state?

    The local government election was a victory for APC. However, don’t forget that it was a grassroots election and issues that define parties at that level are completely different from what defines parties at the state and national levels. More often than not, you will see that little differences, largely acrimonious ones, lead to people changing their decisions when it comes to such elections as council polls. But as it is, we are not afraid, we are very comfortable. APC is the ruling party in the state and will continue to be. Yes, the PDP is making some noise here and there, but they are not the kind of noise that will give us sleepless nights because we have always run an inclusive process.

    For those little skirmishes that you saw during the council election; they are not things that are new in the body polity of Kwara. We have always had one or two places, where people see things differently and we have always approached it through dialogue and inclusive programmes and that is why we have always had the kind of victory that we had even in the past.

    So, we will continue to the future to the extent that run an inclusive process to meet the aspirations of the people. APC’s loss of few councillorship positions to the PDP was due to acrimony between some individuals; it was not a state wide thing that should create any reason for bother. The APC is still strong in Kwara State and will continue to be. God’s willing; this will take us to next victorious level.

    Given the mutterings within the party, should party chieftains who defected from PDP to APC decide to return home to PDP what would you do?

    It is an unlikely scenario, but don’t forget that because we run an inclusive system, the followership decides the direction they want us to go to. If they insist that they want to us to remain, we remain; if they want us to go, we go. When we decided to leave the PDP for the APC; it was an inclusively designed position. Inputs were taken from the ward to state levels before we took the decision we took at that time, but I must tell you that as it is today, we are comfortable with where we are and we have not seen any basis why we should leave the APC.

    When you joined other governors to walk out of the PDP then, you hinged your action on the impunity in the party then. Given the case when one arm of government took the head of another arm of government to court over cases arising from rivalry, do you see the kind of impunity in the APC as you saw in the PDP?

    You see, the way things are going; the system came up with a strong position of fighting corruption with the understanding that it would be transparently done. But we have seen that interest other than pursuing corruption has come to bear and has negatively impacted on the way and manner the fight against corruption is pursued. Whether you like it or not, APC is still at infancy and in trying to strengthen itself to a formidable outfit that will take Nigeria to the next level, there is bound to be skirmishes here and there.

    Yes, it was a practice that we never saw in the past because it was believed that whatever issue at that time should have been thoroughly looked into before going to a place like the Code of Conduct of Tribunal (CCT) since there is a procedure that must be followed. We have seen it gone and it has not only strengthened the leadership of the Senate but created a much more transparent platform from which the leadership of the upper legislative chamber should be looked at because it was exhaustively taken through the process and it brought out the picture that it was not as bad as people initially painted it to be.

    What is responsible for the cordiality between you and your political benefactor, Senator Saraki? Is it that he pocketed you as some people insinuate?

    Governance is about service delivery and optimal utilization of resources – human and material – to deliver preset targets to the people using the instrumentality of government and other institutions. This is what we have strived to do. When the Senate president was here as governor, I was part and parcel of his economic and planning teams. I was also part of the team that formulated the programme that will see the development of Kwara from point A to B. So, it was only natural that it would be foolhardy when I came on board to say that I want to run the state without getting input from him or others, who have input to give because governance is about taking ideas from people. You must listen to constructive criticisms and use that as a basis to change things if they are not they way they should be. So, we have been working based on plans, campaign promises and even from members of the opposition, who come up with constructive criticisms. Kwara State is neither a private business nor Abdulfatah Nigeria Ltd, so we need to tap from his experience because he was once here and whoever comes in tomorrow must tap from my own experience because there is no substitute to experience.

    How would you want to be remembered after you leave office as governor?

    I want to be remembered as someone who came as governor of the state to modestly change the lives of the people using available resources by improving on infrastructure and economy of Kwara so that it can be a better place to live in.

     

     

     

     

  • Fed govt urged to tighten security

    Two security experts have urged the Federal Government to beef up security nationwide, especially in Taraba and Benue states, over the herdsmen, farmers crisis.

    A retired Deputy Commissioner of Police (DCP), Lawrence Olowu, told reporters in Lagos that the government should stand up to the security challenge.

    Olowu noted that there is acute shortage of security manpower in the military, police and the Department of State Services (DSS).

    The other expert, Afeez Otaru, said the activities of Boko Haram and other ethnic militias would have been thwarted if the government had acted in time.

     

  • Rivers accuses Fed Govt of plot to grant amnesty to ’32 cultists’ 

    Rivers accuses Fed Govt of plot to grant amnesty to ’32 cultists’ 

    Rivers State government yesterday accused the Federal Government of plotting to grant amnesty to 32 suspected cultists.

    Information and Communication Commissioner Emma Okah made the allegation at a news conference in Port Harcourt.

    He said: “The Rivers State government is in receipt of credible intelligence that the Federal Government has concluded plans to grant amnesty to 32 cultists declared wanted by the State Security Council.  Details of the intelligence indicate that the Federal Government is granting the cultists amnesty for the purpose of undue electoral advantage in 2019 general election.

    “This action is not a surprise to us because we have repeatedly said officials and agencies of the Federal Government are frustrating the fight against crime in Rivers State. In particular, we have accused the Federal Special Anti-Robbery Squad (SARS) of involvement in and aiding criminal activities.

    “This sad development coming at a time the state is winning the war against kidnappers and cultists is a major setback and a ploy to undermine the security of Rivers State.

    “Each time, we record successes in the promotion of security, the Federal Government and its agents take deliberate steps to sabotage the security of the state at the instigation of some unpatriotic Rivers sons at the centre.

    “We call on the international community, civil society organisations and well-meaning Nigerians to take notice of this deliberate act to compromise the security of Rivers State for ungodly political gains by All Progressives Congress (APC)-led Federal Government. For the avoidance of doubt, the Rivers State government will continue to work with security agencies to ensure the security of life and property.”

  • Fed Govt tackles reduction of mercury use

    The Federal Government is set to develop a National Action Plan (NAP) to reduce mercury use, Ministry of Mines and Steel Development Permanent Secretary, Dr Abdukadir Muazu, has said.
    He made this known at a workshop on National Comprehensive Analysis of Artisanal and Small Scale Gold Mining Sector in Abuja.
    The event was aimed at supporting the National Action Plan for Reduction of Mercury Use/Emission in Nigeria.
    According to Muazu, the Ministries of Environment, and Mines and Steel Development and other stakeholders are working to eliminate the use of mercury by artisanal miners across the country.
    He said mercury was used by Artisanal and Small-scale Gold Mining (ASGM) to extract gold from gold ore, adding that the process exposes them to mercury poisoning and also pollute the environment.
    Muazu said artisanal and small scale gold mining was practised in over seven states – Zamfara, Kebbi, Katsina, Kaduna, Niger, Kwara and Osun- and the Federal Capaital Territory(FCT).
    “It is, therefore, safe to say that Nigeria has more than insignificant use of mercury in (ASGM) operations,’’ he said.
    He said the training and ASGM assessment project would improve national capacity and capability for the management of the mercury in the ASGM sector.
    The Regional Director and Country Representative for Nigeria and ECOWAS, UNIDO Regional Hub Nigeria, Mr Jean Bakole, said artisanal and small scale gold mining was responsible for 37 per cent of the anthropogenic emission and releases of mercury into the environment.
    Bakole, represented by Mr. Yomi Banjo, an environment expert with UNIDO, said the organisation has a history of working in the ASGM sector around the world and was implementing National Action Plan projects in several African countries.
    “Our long-standing cooperation with the Nigeria government to improve industrialisation and safeguard the environment is receiving another boost today.’’
    He congratulated the ministry for the sustainable structure put on ground for the sector, adding that UNIDO would support the ministry to achieve its goals.
    The Artisanal and Small-scale Mining Director of the Mines and Steel Development mnistry, Mr. Patrick Ojeka, disclosed that Nigeria became a signatory to the Minimata Convention on October 10, 2013 through the Ministry of Environment.
    Ojeka said the ministry had been coordinating the activities preparatory to developing the country’s national action plan for the reduction of mercury use in Nigeria.
    He said the treaty required member countries to carry out activities to reduce in the use of mercury.
    He said the workshop was aimed at building capacity in the ministry’s technical enumeration team such as MDAs, NGOs, Miners Association of Nigeria and other related stakeholders in specific special enumeration skills.

  • Fed Govt to open door for more metering manufacturers, others

    • Erring firms’ licences to be revoked

    THE Federal Government will soon introduce a new metering regulation that will bring more meter manufacturers and suppliers into the sub-sector, the Minister of Power, Works and Housing, Mr Babatunde Fashola, has said.

    Fashola said the regulation would rid the sector of unprofessional practices by revoking the licences of individuals and companies that install meters wrongly.

    He said the Nigerian Electricity Regulation Commission (NERC) will introduce the regulation in the next few months.

    He said despite privatisation,the sector is stll highly regulated, adding that the new regulation will simplify activities, such as manufacturing and supply of meters.

    Speaking on the sidelines of the tour of facilities of the National Meter Test Station in Oshodi, Lagos, Fashola said the decision of the government was informed by the need to bridge the gap between metered and unmetered customers and improve the fortunes of the sector.

    The tour was aimed at examining the qualities of the facilities.

    According to him, the issue will help to solve metering problems.

    Fashola said: “The regulation would enable more people to participate in the metering sub-sector of the power industry, thereby ensuring availability of meters in the sector. More Nigerians would have access to meters by the end of 2018. Metering is a major problem, which the sector has been battle with for years and the government is working hard to remove the bottlenecks inherent in the supply and distribution of meter.”

    He said the regulation will ensure that local manufacturers developed and competed well with their counterparts abroad, adding that the idea would discourage importation of meters in the future.

    The minister said the government does not want the power sub-sector to experience changes similar to that of telecoms.

    The telecom industry, Fashola said, is flooded with over 100million phones from China, adding the Chinese government is happy because it is making more money from Nigeria.

    He regretted that Nigeria is going back to China for aids and loans after failing to develop its economy well.

    “We, the (government), do not want this kind of thing to happen in the metering sub-sector. We are happy that some Nigerians have put their feet down to produce meters and coupled with the new metering regulation that would soon be introduced in the electricity industry, the sky is the limit for the sector,” he added.

    Fashola said more emphasis would be placed on certification of meters by the National Meter Testing Stations, Nigerian Electricity Management Services Agency (NEMSA) and other relevant institutions.

    He said metering is much more complex as it involves accuracy, safety and other tests. He said he inspected meters, such as Maximum Demand Meters (MDM), pre-paid meters, analog meters and others, to determine their functionalities and further ensure that they were tested bearing the health of the users in mind.

    Also, NEMSA’s Managing Director, Mr. Peter Ewesor, said if a meter was mistakenly brought into the country untested, it could affect as many people. He said the development informed the decision of the agency to be thorough in its examinations of meters brought to it by the electricity distribution companies (DisCos).

    He said NEMSA ensures that meters have a seal, which indicates that they have been tested and fit for installations in homes and offices, adding that failure to do that means all kinds of meters are going to flood the industry.

     

  • ‘Fed Govt should arrest, prosecute Waney’s sponsors’

    ‘Fed Govt should arrest, prosecute Waney’s sponsors’

    Stakeholders in Rivers State have urged the Federal Government to arrest and prosecute sponsors of the late notorious terrorist, Chief Johnson Igwedibia aka ‘General’ Don Waney and other criminals.

    They said this would act as a deterrent to others.

    The stakeholders alleged that Governor Nyesom Wike’s ambition had changed the peaceful ambience of the state, especially Orashi region, to daily bloodletting.

    The stakeholders, under the aegis of Civil Society Groups in Orashi Region and Orashi National Congress (ONC), spoke yesterday at a news conference at Civic Centre in Omoku, the headquarters of Ogba/Egbema/Ndoni Local Government Area (ONELGA).

    The conference, addressed by the President of ONC, Emeni Ibe, was attended by the Chief Medical Director (CMD) of University of Port Harcourt Teaching Hospital (UPTH), Prof. Henry Ugboma, an indigene of Ndoni in ONELGA; another stakeholder from Ndoni, Chief Henry Odili; monarchs; leaders and other personalities.

    The stakeholders accused Wike, Rivers State Chairman of Peoples Democratic Party (PDP), Chief Felix Obuah, an indigene of Omoku and another PDP chieftain from ONELGA, Chief Elemchukwu Ogbowu, as some of the sponsors of Igwedibia.

    The Rivers governor, who was in Omoku on Tuesday to commiserate with the bereaved families, however, denied sponsoring Igwedibia and others.

    He accused Transportation Minister Rotimi Amaechi and other chieftains of All Progressives Congress (APC) as being behind insecurity in Rivers.

    Rivers APC Publicity Secretary Chief Chris Finebone described the allegation “as a lie from the pit of hell.”

    Obuah, through his Special Adviser on Media and Publicity, Pastor Jerry Needam, described the allegation of sponsoring Igwedibia as untrue and frivolous.

    Ogbowu admitted that he and the terrorist (Igwedibia) were from the same Aligwu community in ONELGA, but he never sponsored him and others.

    Ibe said: “The genocide and terrorism in Orashi region are highly condemnable, hence the perpetrators and sponsors should be brought to book. Security in Orashi should be improved to rid the area of criminals roaming and terrorising people.

    “There is suspicion that security agencies and operatives in Orashi may have compromised, hence their roles should be investigated. The multinational oil companies in Orashi should desist from patronising criminals in their exploration and exploitation activities.

    “The Federal Government, international community, donor agencies and humanitarian agencies should attend to the needs of the victims. We enjoin youths to toe the path of peace and shun crimes and vices.

    “In view of the strategic economic contribution of Orashi region, the Federal Government should embark on people-oriented programmes that will ameliorate the suffering of the people and create employment for our youths.”

     

  • Fed Govt pays YouWiN! Awardees N11b

    The Federal Government has disbursed N10, 995, 391, 260 to the beneficiaries of the third edition of the YouWiN! programme from 2015 to date.

    Of this amount, N8, 396, 905,038 was disbursed by the President Muhammadu Buhari-led administration.

    The Minister of Finance, Mrs. Kemi Adeosun disclosed this while releasing the last payment of N125, 640, 000 for disbursement to the final 61 beneficiaries of the third edition of the programme.

    According to the finance minister, “by January 2018, the total amount disbursed to beneficiaries of the third edition of the YouWiN! programme will be N11, 121, 031, 260, of which the current administration has disbursed N8, 522, 545,038.”

    The amount she said was disbursed to 1,500 beneficiaries who have started or expanded their businesses across a variety of sectors including Information and Communication Technology (ICT), Manufacturing, Services and Agricultural Production and Processing.

  • Fed Govt releases N35b to settle promotion arrears of civil servants

    Fed Govt releases N35b to settle promotion arrears of civil servants

    The Accountant General of the Federation, Mr. Ahmed Idris said the Federal Government has released N35billion to settle the backlog of promotion arrears owed Federal Civil Servants across the Federation from 2011 to 2016

    He said the release was meant to fulfill the government’s promise to settle the arrears.

    Idris disclosed this after receiving a briefing from the Chairman of the Committee on the Verification of Civil Servants who are entitled to Promotion Arrears, Mr. Mohammed Kudu Usman, who is also Director Inspectorate Department in the Office of the Accountant-General of Federation (OAGF).

    Satisfied with success recorded from the exercise, the AGF said the payment has helped the workers to meet some of the most pressing needs.

    He said the Federal Government was committed to fulfilling its promises and commitments to the workers.

    A statement by the Director of Information in OAGF, Mrs. Kenechukwu Offie, the AGF

    The statement said: “According to the AGF, the payments which were being made in batches have seen staff from over 261 MDAs so far being fully paid the sum of N22, 596,120,830.44.

    “The breakdown of the payments revealed that the first six batches were for 231 MDAs enrolled under the IPPIS, while there was another batch comprised 36 Non IPPIS MDAs.

    “He further stated that another set of 68 MDAs, comprising a batch of 54 IPPIS MDAs and another batch of 12 Non-IPPIS MDAs respectively have also been verified and their monies were been processed for payment.  The total sum of N8, 249,083,829.50 has been released for the settlement of these verified MDAs.

    “Meanwhile, Idris said that some MDAs that are yet to submit their claims are still submitting to the committee on Promotion Arrears Verification for scrutiny.

    “He urged staff with complaints to refer to their various MDAs, and assuring that all MDAs with genuine claims will be fully paid.”

     

  • Fed Govt targets more tax revenue from VAIDS

    The Federal Government expects to net considerable tax revenue this year through the implementation of the Voluntary Assets and Income Declaration Scheme (VAIDS). The scheme, an initiative of the Federal Ministry of Finance that provides a time-limited window for taxpayers with undisclosed income and assets to regularise their tax status.

    The Federal Inland Revenue Service (FIRS) Chairman,  Tunde Fowler, said the Federal Government received N17billion by early December 2017, and another N6billion was netted by the end of last year.

    The scheme, which terminates at the end of the first quater, on March 31, has been widely lauded as the solution to the meagre Tax-to-Gross Domestic Product (GDP) ratio of the country, which currently stands at six per cent. and bring more tax revenue for national development and check the near-total dependence on oil revenues, which has shrunk following the dip in international oil prices.

    Mrs. Kemi Adeosun, Minister for Finance, in December, said many individuals and corporate organisations with undeclared taxes, have been approaching tax authorities and expressing interest in declaring and paying up their taxes.

    Towards its implementation, the VAIDS office, beginning from October, has been harvesting financial data of tax payers through the cooperation of states, revenue-generating agencies of government, such as the FIRS, Nigerian National Petroleum  Corporation (NNPC), Central Bank of Nigeria (CBN), Federal Airports Authority of Nigeria (FAAN), Petroleum Technology Development Fund (PTDF), and the National Communications Commission (NCC).

    Data obtained from the agencies will be used to determine companies that have failed to remit taxes on earned income, those with undeclared assets, and corporate organisations that have collected taxes on behalf of government without remitting.

    Also state governments and the authority of the Federal Capital Territory have shown support for the scheme, by volunteering to provide transaction data necessary to identify defaulters.

    The VAIDS office, in addition to a variety of technological tools and international information-sharing agreements, will rely on data on contracts and transactions above N50million, obtained from the Nigerian Customs Service, Assets Management Corporation of Nigeria (AMCON) and Nigeria Export-Import Bank (NEXIM). Such data are currently being matched with those obtained from other agencies, like the FIRS, Corporate Affairs Commission (CAC) and Government Integrated Financial and Management Information Systems (GIFMIS) to determine companies that have not been paying taxes.

  • N2.8 tr federal road projects going on, says Fed Govt

    N2.8 tr federal road projects going on, says Fed Govt

    The Federal Government is undertaking road projects worth N2.8 trillion across the country,  Mr Chukwunwike Uzo, the Director of Highways, Planning and Development, Federal Ministry of Power, Works and Housing, has said.

    Uzo made this known in an interview with the News Agency of Nigeria (NAN) in Abuja yesterday.

    He said the projects are being funded partly by proceeds of the Sukuk bond.

    The Federal Government had in 2017 raised N100 billion from Sukuk to fund 25 selected roads projects across the six geopolitical zones of the country.

    The director explained that the government is financing ongoing road projects outside the Sukuk amounting to N1.8 trillion while  the actual cost of the 25 Sukuk funded roads projects was N1 trillion.

    “The total contract sum of all the 25 Sukuk funded road projects is about N1 trillion and this means that the N100 billion raised through Sukuk cannot finish the projects.

    “What is happening now is that the Sukuk fund is being deployed to certain areas of the 25 roads that have been identified.

    “This means that on a 100 kilometer road, for instance, it could be five or 10 km that the Sukuk allocation for that specific project could address and not the entire dualisation work.

    “If you add up N1.8 trillion costs of other projects outside Sukuk, it will come up to N2.8 trillion projects being undertaken by the ministry,” he said.

    He said N57 billion had been disbursed to contractors handling the Sukuk funded road projects out of the N100 billion raised.

    Uzo said the outstanding N47 billion would be disbursed based on work done by the contractors.

    “The money is there, if the contractors had completed their work, we would have exhausted the N100 billion by now.”

    The director said the Sukuk fund, raised from the capital market had certain rules guiding its disbursement.

    He said the fund had trustees who oversee its disbursement on behalf of the investors and project monitoring consultants working for the trustees to evaluate the quantum of work being done.

    “For each payment certificate, those project monitoring consultants have to jointly go with the ministry supervising staff and the contractors to measure and agree on the amount of work done.

    “Then quantify it in terms of monitoring certification before sending it to the ministry and then to the Debt Management Office, so it is not like a normal capital allocation from the Federation Account,” he added.