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Federal Government ,States,LGA’s Share 1.289 Trillion Naira For The Month Of September

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The Federation Account Allocation Committee (FAAC), at its October 2024 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.298 Trillion to the three tiers of government as Federation Allocation for the month of September, 2024 from a gross total of N2.298 Trillion.

From the stated amount inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Electronic Money Transfer Levy (EMTL), Exchange Difference (ED and Augmentation of N150.000 billion, the Federal Government received N424.867 Billion, the States received N453.724 Billion, the Local Government Councils got N329.864Billion, while the Oil Producing States received N90.415 Billion as Derivation, (13% of Mineral Revenue).

The sum of N80.993 Billion was given for the cost of collection, while N878.946 Billion was allocated for Transfers Intervention and Refunds.

The Communique issued by the Federation Account Allocation Committee (FAAC) at the end of the meeting indicated that the Gross Revenue available from the Value Added Tax (VAT) for the month of September 2024, was N583.675 Billion as against N573.341 Billion distributed in the preceding month, resulting in a increase.

From that amount, the sum of N23.347 Billion was allocated for the cost of collection and the sum of N16.810 Billion given for Transfers, Intervention and Refunds. The remaining sum of N543.518 Billion was distributed to the three tiers of government, of which the Federal Government got N81.258 Billion, the States received N271.759 Billion and Local Government Councils got N190.231 Billion.

Accordingly, the Gross Statutory Revenue of N1.043 Trillion received for the month was lower than the sum of N1.221 Trillion received in the previous month by N177.426 Billion. From the stated amount, the sum of N56.878 Billion was allocated for the cost of collection and a total sum of N862.136 Billion for Transfers, Intervention and Refunds.

The remaining balance of N124.718 Billion was distributed as follows to the three tiers of government: Federal Government got the sum of N43.037 Billion, States received N21.829 Billion, the sum of N16.829 Billion was allocated to LGCs and N43.021 Billion was given to Derivation Revenue (13% Mineral producing States).

Also, the sum of N19.213 Billion from Electronic Money Transfer Levy (EMTL) was distributed to the three (3) tiers of government as follows: the Federal Government received N2.767 Billion, States got N9.222 Billion, Local Government Councils received N6.456 Billion, while N0.768 Billion was allocated for Cost of Collection.

The Communique also disclosed the sum of N462.191 Billion from Exchange Difference, which was shared as follows: Federal Government received N218.515 Billion, States got N110.834 Billion, the sum of N85.448 Billion was allocated to Local Government Councils, N47.394 Billion was given for Derivation (13% of Mineral Revenue).

It further disclosed of the Augmentation of N150.000 Billion which was shared as follows:
Federal Government received N70.020 Billion, the States got N40.080 Billion and the LGCs received N30.900 Billion.

Oil and Royalty, Excise Duty, Electronic Money Transfer (EMTL) and CET levies increased considerably. While Value Added Tax (VAT) and Import Duty increased marginally. Petroleum Profit Tax (PPT) and Company Income Tax (CIT) and others recorded significant decreases.

According to the Communique, the total revenue distributable for the current month of September 2024, was drawn from Statutory Revenue of N124.716 Billion, Value Added Tax (VAT) of N534.518 Billion, N18.445 Billion from Electronic Money Transfer Levy (EMTL), N462.191 Billion from Exchange Difference and Augmentation of N150.000 Billion, bringing the total distributable amount for the month to N1.298 Trillion.

The balance in the Excess Crude Account (ECA) as at October 2024 stands at $473.754

In his opening remarks, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, restated the President Bola Ahmed Tinubu-led Administration’s commitment to implementing policies, programmes and initiatives that will enhance revenue generation with a view to enhancing the overall well-being of Nigerians in line with contemporary realities.

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Kano Government Inducts 70 New State Counsel

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The Kano State Government has formally inducted 70 new state counsel into the Ministry of Justice, in a bid to enhance the state’s justice sector. The induction ceremony took place at the Institute of Anti-Corruption in Goron Dutse.

The Attorney General and Commissioner for Justice, Barrister Haruna Isah, disclosed this while declaring the ceremony open. He emphasized that the 70 new state counsel will strengthen the state’s justice system, ensuring timely and effective justice services.

Barr. Dederi commended the incumbent administration of Alhaji Abba Kabir Yusuf for employing 70 state counsel, a historic first of its kind since the state’s creation in 1967.

The 3-day induction training program covered essential topics, including court procedures, legal drafting, and advocacy. The training equipped the new state counsel with the necessary skills and knowledge to effectively discharge their duties.

In his remarks, Barr. Dederi praised the Kano Ministry of Justice, describing it as a place of pride that produces reputable individuals who excel at state and federal levels. He emphasized that the ministry is not a dumping ground for lazy lawyers, but rather a hub for dedicated professionals.

Barr. Dederi also commended the expertise of the resource persons and urged the counsel to continue tapping knowledge from their seniors.

The induction of new state counsel is expected to have a positive impact on the administration of justice in the state, ensuring citizens have improved access to justice services and their rights are protected.

The Kano State Government’s efforts to reform the justice sector are yielding positive results, promoting justice, stability, and economic growth in the state.

Earlier, the Solicitor General and Permanent Secretary Barr. Mustapha Nurraddeen Muhammad, delivered a comprehensive overview of the Ministry’s historical background and functions. He emphasized the importance of the new Counsel maintaining sound moral character throughout their service career, setting a high standard for their professional conduct.

Barr. Muhammad also commended Governor Alhaji Abba Kabir Yusuf for his efforts in addressing the shortage of manpower within the Ministry. This acknowledgement highlights the Governor’s commitment to strengthening the Ministry’s capacity and ensuring its effective functioning.

 

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2027: Northern Voters Cannot Be Coerced to Vote for Tinubu – ACF

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The Arewa Consultative Forum (ACF) and other prominent northern figures have rejected a call by the National Chairman of the All Progressives Congress (APC), Abdullahi Ganduje, for the North to wait until 2031 before contesting the presidency.

The northern leaders asserted that the region cannot be coerced into re-electing President Bola Tinubu in 2027.

Ganduje had made the remarks while receiving a delegation from the President Bola Ahmed Tinubu Media Centre and the Tinubu Northern Youth Forum at the APC national secretariat in Abuja.

He argued that since a northern president—Muhammadu Buhari—had completed two terms, fairness dictated that Tinubu should also serve for eight years.

However, the ACF and other political figures from the North rejected this stance.

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Speaking to journalists, the National Publicity Secretary of the ACF, Prof. Tukur Muhammad-Baba, dismissed Ganduje’s statement as a reflection of the presidency’s “cult-like” nature, where total allegiance is expected.

He stressed that voters cannot be influenced by force.

“He or she or party members cannot influence voters by force. So, what he said was an opinion, and it’s up to the voters to endorse, reject, or modify it. In 2015, we were sold a dummy of anti-corruption. We were sold a dummy of many things, and people have realized that it wasn’t true. Then, of course, the Renewed Hope came in 2023, and the hope is turning into a nightmare,” Muhammad-Baba stated.

Former Kaduna State Governor, Nasir El-Rufai, also cast doubt on Tinubu’s chances, sharing a post on his verified X handle titled “2027: South West, Tinubu’s supporters playing with fire – Part 1.”

 

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Nigerian Photographer From Yobe Receives Guinness World Record Certificate

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Yobe state photographer Saidu Abdulrahman presented his Guinness World Record Certificate to Governor Mai Mala Buni at Government House in Damaturu.

The remarkable achievement was recorded by the young man last year when his 897 head shots in just 60 minutes won him the Guinness World Record.

Governor Buni who said it was a proud to the state emphasized that Saidu Abdulrahman’s accomplishment would served as an inspiration to the youth in the state and beyond .

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He encouraged him to continue striving for excellence and to use his platform to motivate others to pursue their dreams despite challenges.

The Governor also reaffirmed his administration’s commitment to supporting and nurturing talents across various fields, ensuring that as many young achievers would be given the recognition and opportunities they deserve.

The event marked a significant moment of celebration not only for Saidu Abdulrahman but also the state, as it has showcased Yobe’s potential on the world stage.

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