fbpx
Connect with us

News

NASACOF describes Obaseki’s Claim as unscrupulous mischief 

Published

on

The logo

 

By Yaseer Ahmad

A joint of non governmental organisations popularly known as Non-State Actors Consultative Forum (NOSACOF) Comprising
Kano,Katsina,Zamfara,Imo,Kaduna,Niger and Sokoto State Chapters have described the claims of printing N60 billion made by the Edo state governor Godwin Obaseki as unscrupulous mischief.

This was contained in a statement signed and issued to news men by NOSACOF join coordinator Omaru Ibrahim adding that is a deliberate Attack on Minister of Finance, Budget and National Planning.

The statement said, NOSACOF are deeply troubled by the increasing use of disinformation and tainted truth by some politicians to misguide and misinform public about government policies for mischief political agenda.

According to the statement, over the last 6 – 7 years, Nigeria was faced with challenging financial and economic problems characterised by a series of increased inflation, unemployment and Naira depreciation. This is because; Nigeria is a mono economy, dependent on crude oil exportation for its survival and importation of virtually everything.

It said, Unfortunately previous administrations lead by the People’s Democratic Party (PDP) failed to use the crude oil earnings to diversify the economy nor save for rainy days. Instead most of these earning were stolen through unscrupulous contract awards as well extravagant spending by government officials.

The statement maintained that, the incoming President and his administration had to embark on numerous fiscal and economic policies that will increase government revenues, reduce unemployment rate and cut down on imports.

According to the statement, Unfortunately, members of the People’s Democratic Party (PDP) whose administrations were responsible for Nigeria’s economic woes have been nothing but a nuisances and Sometimes they sort into blackmailing government officials, just to deter them from implementing the needed economic policies.

Nigeria Union Of Pensioners Honours Gov.Ganduje

“Recent happening regarding the unscrupulous claims by the Governor of Edo State Mr Godwin Obaseki that the Central Bank of Nigeria printed N60 Billion which was shared as federation allocations was nothing but to gain cheap political points against the APC led administration.

“And as usual members of his party have jumped on this opportunity to politically harass and blackmail the Honourable Minister of Finance, Mr Zainab.Facts and figures of the revenues shared as federal allocations in March 2021 shows that, all revenues were listed accordingly.

“VAT – N157.327 billion, Petroleum Profit Tax (PPT) – N137.583 billion, remittances by the Department of Petroleum Resources (DPR) – N133.583 billion, Nigeria Customs Service (NCS) – N89.350 billion, Company Income Tax (CIT) and related taxes – N66.356 billion, remittance by Nigerian National Petroleum Corporation (NNPC) remitted – N64.161 billion, remittance by the Ministry of Mines and Steel Development (MMSD) – N976 million.

The statement maintained that, the Overall a gross income of N649.336 billion was recorded, however, after 13 percent derivation payment to oil-producing states were netted off, the total revenue to be shared reduced to N596.944 billion. After N8.645 billion withdrawn from the forex equalisation fund account is added, a grand total of N605.589 was shared by the three tiers of government.

The breakdown shows that the federal government receive N205.160 billion as its share, while the 36 states received N166.085 billion and the 774 councils N122.853 billion and oil-producing states shared an additional N37.143 billion as derivation payment.

According to the statement, it is common practice in both developed and developing countries to print money during difficult economic times, the responsibility mostly lies on the advice and suggestions made by the Central Bank.

The statement maintained that, the Nigeria’s CBN governor Mr Godwin Emefiele has personally addressed the issue of printing and have made it clear that printing money is a responsibility of the Central Bank and it is mainly done for intervention measure.

The statement then, called on the public to disregard the media campaign of calumny against the person the Honourable Minister Mrs Zainab Ahmad and urged the minister to keep giving her best for the betterment of our beloved country.

#

News

Mutiu Adepoju Urges NFF to Retain Augustine Eguavoen as Super Eagles Coach

Published

on

 

Former international, Mutiu Adepoju, has urged the Nigeria Football Federation (NFF) to keep Augustine Eguavoen in charge of the Super Eagles.

Eguavoen took charge of the Super Eagles in interim capacity in September.

The 59-year-old guided the team to qualify for AFCON 2025 with three wins, two draws and one defeat.

The NFF are reportedly still planning to hire a foreign coach for the three-time African champions.

Adepoju however said his former teammate should stay in charge of the team.

“I would rate him very well. Number one, we’ve qualified for the AFCON, which is one of the objectives,” he told Brila FM.

“I would say he has done well and is still doing well.

“They should keep encouraging him. I believe he’s getting things done, I will rate him high, let just keep supporting him.”

#

Continue Reading

News

Kano State Hosts 8th Annual Audit Forum to Enhance Transparency and Accountability

Published

on

 

The 8th Annual Audit Forum, organized by the Office of the Auditor General of Kano State, was held recently, focusing on strengthening transparency and accountability in public financial management. .

Isma’ila Musa, the Auditor General of Kano State, welcomed the participants and highlighted the constitutional and legal mandates that guide the auditing process. “Sections 125(2) of the 1999 Constitution of the Federal Republic of Nigeria (as amended) and 36(i) of the Kano State Audit Law, 2021 (as amended) mandate the Office of the Auditor General to audit the accounts and financial statements of the State Government and all Offices and Courts,” he stated.

Musa expressed immense gratitude to His Excellency, Engineer Abba Kabir Yusuf, the Governor of Kano State, for his support in making the event possible. “It is very important to note that a strengthened fiscal transparency will help build trust in governance,” he emphasized. He added that the Audit Forum is a reform intended to reduce opportunities for corruption and abuse of public resources, thereby increasing the efficiency of public expenditures.

#

The Auditor General also acknowledged the contributions of various officials, including the Hon. Commissioner Ministry of Planning and Budget, the Accountant General, the Executive Chairman of Kano Internal Revenue Services, and former Auditors General, among others. “My sincere appreciation to all the invitees here present for honoring our invitation. I wish us a successful 8th Kano State Annual Audit Forum,” Musa concluded.

In his remarks, the Chairman of the House Committee on Public Accounts, Honorable Tukur Fagge, praised the exercise for its potential to enhance resource management and ensure the success of the tasks at hand. “This exercise will enhance resources management and will realize the success of the task,” Fagge stated.

Sarkin Shanon Kano, Shehu Muhammad Dankadai, who served as the royal father of the day, also graced the event, adding to the significance of the occasion.

The forum underscored the commitment of the Kano State Government to upholding transparency and accountability, reflecting the administration’s dedication to effective and efficient service delivery.

 

Continue Reading

News

Breaking: Former Secretary of Federal Electoral Commission, FEDECO, Ahmadu Kurfi Passes On at 93

Published

on

Late Alhaji Ahmadu Kurfi

 

A former secretary of the Federal Electoral Commission, Alhaji Ahmadu Kurfi, has passed away.

A family source, Jafar Yakubu, informed NIGERIAN TRACKER about the death of the pioneer secretary of the Federal Electoral Commission, who supervised the 1979 general election.

#

 

Jafar Yakubu said Alhaji Ahmadu Kurfi died at the age of 93 and his Janaza funeral prayers will take place by 2:30 PM at Kurfi in KATSINA state .

 

Dr. Amadu Kurfi, OFR, was born in 1931. He was a former chairman of the then Marketing Board, former Federal Permanent Secretary of the Federal Ministry of Defence, and the first person to acquire a BSc degree in the whole of Katsina State, at University College London in 1957.

 

Continue Reading

Trending