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FAAC: FG, States, LGs Share N559.101bn For Dec 2011
The federal, state and local governments shared N559.101 billion from the Federation Account for December 2011, the Minister of State for Finance, Dr Yerima Ngama, has announced.
Ngama made the announcement while briefing newsmen on Monday after the meeting of the Federation Accounts Allocation Committee (FAAC) in Abuja.
He said the federal government approved the amount for the three tiers of government.
The minister however said due to the late arrival of the figures, FAAC was not able to compute the breakdown of the total revenue to be distributed to the tiers.
“But by Tuesday morning, the breakdown of the figures would be distributed and made known to the public,” he said.
Ngama said the strike called by the organised labour had affected the speed with which some of the information needed was to be gathered for FAAC.
“This is as regards especially the information on internally generated revenue and Value Added Tax (VAT),” he said.
The minister pointed out that it was while the committee was still meeting that it received the confirmation of the total VAT collection for December.
“The figure of N57.1billion for this was received from the Office of the Accountant General of the Federation as we were meeting,” he said.
Ngama assured Nigerians that the funds would be credited to the accounts of the various beneficiaries as soon as possible after work fully resumes on Tuesday.
He said the FAAC meeting needed to hold urgently after the strike as a result of President Goodluck Jonathan’s pronouncement on workers’ salaries.
Our correspondent reports that Jonathan had on January 4 directed FAAC to meet on or before January 15.
He had said this was to ensure that workers’ January salaries were paid on or before January 20.
While speaking on the funds to be realised from the partial removal of fuel subsidy, Ngama said the federal government was hopeful of realising its objectives.
“We do hope this year will be a prosperous year and we are happy that we are all united in ensuring this.
“We are hopeful that the entire various programmes we have developed and which we have discussed with the commissioners will be implemented successfully, particularly the SURE programme.
“We have asked the state commissioners to go and draw their own programmes from the revised amount that will be made known to them on the subsidy savings in order to ensure that our people get the benefit of the deregulation that we are embarking upon,” he said.
The minister said the committee had already computed the savings from the subsidy removal, as well as what the savings would have been.
“But due to Monday’s change in the price of fuel, which has now made it partial deregulation and not full deregulation, the committee has to do the computation again,” he said.
Ngama however disclosed that the National Assembly would have to approve the allocation of the funds as a supplementary budget before the subsidy savings could be shared.
He also disclosed that the Accountant-General of the Federation had effected the 25 per cent reduction in basic salaries of political office-holders in the executive arm of government.
Our correspondent reports that Jonathan had on January 7 announced the 25 per cent cut.
The Minister of State for Finance then allayed fears on the country’s financial status.
“The total foreign reserve of Nigeria is over N32 billion US dollars, and a country with a foreign reserve of this amount cannot be a poor country but a rich country,” he said.
Ngama lamented that Nigeria has over 600 unfinished projects, saying Nigeria would have needed to borrow to actually finish some of the road projects in the country, such as the Abuja-Lokoja Road.
“This particular project has been on for over five years, and in order to accelerate the development of the country, we need to actually block out all inefficiencies,” he said.
The Rivers State Chief judge, Justice Simeon Chibuzor Amadi has granted pardon to six inmates standing awaiting trial at the Port Harcourt maximum correctional center.
The six lucky inmates granted pardon on Tuesday by the state Chief Judge included Nwekeala Chizoba, Samuel Emmanuel, Aniete Kelvin, Ebube Fubara and Goddey Okpara who were on awaiting trial as murder suspects and have all spent between 10 years to seven years in the custody without a proper information filed against them in the court.
Justice Amadi during a special gaol delivery exercise last Tuesday at the Port Harcourt Maximum Correctional Centre opined that the special gaol delivery was part of activities lined up to commomerate the 2024/2025 legal year in the State and restated the commitment of the state judiciary in decongesting the correctional centre and ensuring that those inmates who are not supposed to be there are removed from the custody.
The state chief judge stressed the need for all stakeholders to work together to build a society that supports rehabilitation and gives a second chance to anyone or group of people who have fallen short of the expectation of the law and have been punished accordingly.
He stressed that the National Judicial Council(NJC) encourages judges to pay more attention to criminal matters to enable them to decongests the correctional facilities, noting that since his assumption into office, his administration has been able to reduce the number of inmates in Nigerian Correctional Centres and the Port Harcourt Correctional Centre in particular, to less than 2,000 as against the over 4,000 inmates previously in the faculty.
According to him, “as they release the deserving inmates, they affirm their commitment to justice, compassion and rule of law but that they must not forget the fundamental principles of justice delivery system which is truth and fairness, integrity and equality before the law.”
I encourage you all the released inmates to return to your families and become better citizens. You must not engage in action that will return you all back to prison. Let me say that while the judges show empathy to you all, it does not absolved individuals from being held accountable for actions against individuals, corporate organisations and state which the law frowns at, ”he stated
The Chief Judge thereafter stood down the exercise to enable the DPP to intervene to case files following the fact that majority of the persons listed to benefit from the exercise are facing murder charges and adjourned to a date that will come before December.
Earlier in his goodwill message, the outgoing state Comptroller of Nigerian Correctional Centre, Port Harcourt, Felix Lawrence, who was recently promoted to the rank of Assistant Controller General, commended the state judiciary led by Chief Judge, Justice Simeon Chibuzor Amadi for their continuous effort aimed at ensuring justice and decongesting the facilities.
Other activities lined up for the event included special church service at St Paul’s Cathedral , Anglican Communion, Rebisi Port Harcourt, inspection of guard of honour by the state Chief Judge mounted by officers of the Nigerian police and a special court session held at the ceremonial court hall.
By: AkujobiAmadi
The Director General of Rivers State Bureau on Public Procurement (RBoPP), Dr. Ine Briggs, has explained that the Sir Siminalayi Fubara administration plans to enforce transparency in governance through public procurement.
Speaking at a one-day Public Procurement Enlightenment workshop organised in collaboration with the State Local Government Service Commission for newly elected chairmen, vice chairmen, secretaries and leaders of legislative assemblies, Dr. Briggs said it is key for grassroot development.
She stated that the Sir. Fubara administration plans to reduce wastage and at same time infuse efficiency in public expenditure.
The RSoPP DG said the local government political office holders remain key drivers in the new vision hence the workshop is to arm them with knowledge on how to execute projects in tandem with needs of the people.
“ Your role in the prudent management of public resources is, therefore, not just administrative it’s the cornerstone of delivering the dividends of democracy. Every procurement decision you make must reflect a commitment to fairness, transparency and accountability” Dr. Briggs submitted.
One of the key goals of the administration she further reminded the participants was to use their offices to foster economic growth through public procurement.
She warned that the law establishing the agency empowers it to penalise defaulters, but that what is more important is voluntary compliance to the laws.
In addition to that, she said urged the local government council leaders that champion the practice and implementation of public procurement law.
On his part, Acting Chairman of Local Government Service Commission, Pastor GoodLife Ben Iduoku averred that the aim of the workshop is to arm key stakeholders in the local government system to generate new ideas, innovation and strategies in tandem with government policies and programmes.
The workshop dealt on various topics on procurement planning, methods, Understanding Bid Process, including types of Construction Contracts and law.
Some participants were awarded excellence and meritorious awards as part of the programme.
By: Kevin Nengia
The 19th anniversary of the National Association of Proprietors of Private Schools (NAPPS), Rivers State Chapter, recently ended in Port Harcourt in grand style, with participants from various schools including proprietors, the academia, civil society groups and top government functionaries charting the way forward for educational improvement.
The 19th NAPPS anniversary christened, ‘Innovation and Adaptation: Transforming Challenges Into Opportunities’ was held at Casoni Hotels, Port Harcourt.
In his remarks, the Chairman of the Rivers State Chapter of the association, Dr. Jaja Adafe Sunday expressed gratitude to the members and executives for their untiring efforts towards the achievements of the body.
He sought the intervention of government on the lingering crisis on the economy as it is affecting the running of schools.
He decried high cost of things including fuel and raw materials which has adversely affected the running of schools and payment of teachers.
Dr. Sunday hinted that the current economic situation in the nation is biting hard on the operations of schools, saying inflation, removal of fuel subsidy, fuel scarcity, poor electricity supply, tariffs and lack of government grants are some of the challenges faced by schools, and urged the members to brace up to the challenges, as it is the panacea to building a brighter future.
Guest speakers from the health sector and the academia thrilled the gathering on the essence of basic education which they said is the key to national development.
Former Dean of the Ignatius Ajuru University of Education, Professor Azuru and the Chief Medical Director of Meridian Hospitals, Dr. Odo Iyke were some notable guest speakers who delivered lectures at the occasion.
Some distinguished proprietors also got special recognitions and awards.
The 19th anniversary cake was cut by the Rivers State NAPPS Chairman with representatives of the state government assisting.