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FAAC Shares N547.309 bn to three Tiers of Govt for May 2020

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Dr. Mahmoud Isa-Dutse FAAC Shares N547.309 bn to three Tiers of Govt for May 2020

FAAC Shares N547.309 bn to three Tiers of Govt for May 2020

The Federation Accounts Allocation Committee (FAAC), today at its meeting via Virtual Conferencing, chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Dr. Mahmoud Isa-Dutse, shared to the three tiers of government, a total sum of N547.309 billion as federation allocation for the month of May, 2020.

From this amount, inclusive of VAT, Exchange Gain and Excess Bank Charges recovered, the Federal Government received N219.799 billon, the States received N152.436 billion, Local Government councils got N114.095 billion, while the oil producing states received N37.021 billion as derivation (13% of Mineral Revenue).

However, cost of collection/FIRS Refund/ Allocation to North East Development Commission was N23.958 billion.

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In a communiqué 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 May 2020 was N103.873 billion as against the N94.498 billion distributed in the preceding month of April, 2020, resulting in an increase of N9.377 billion. The distribution is as follows; Federal Government got N14.490 billion, the States received N48.301 billion, Local Government Councils got N33.811billon, while derivation got N0.000 and Cost of Collection/ FIRS Refund/ Alloc. to NEDC got N7.271 billion.

The distributed Statutory Revenue of  N413.953billion received for the month was higher than the N370.411 billion received for the previous month by N43.542 billion, which the Federal government received N191.580 billon, States got N97.172 billion, LGCs got N74.915 billion, Derivation got N33.599 billion and Cost of Collection got N16.687 billion.

The communiqué also revealed that Petroleum Profit Tax (PPT), Import Duty and Value Added Tax (VAT) recorded increases, while Companies Income Tax (CIT), Oil Royalty and Excise Duty recorded decreases.

The total revenue distributable for the current month including Cost of Collection to NCS, DPR and FIRS, according to the committee is N547.309 billion.

Dr. Mahmoud Isa-Dutse

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COVID-19

NCDC – 626 New Cases of Coronavirus Confirmed In Nigeria

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NCDC New Cases of Coronavirus

NCDC – 626 New Cases of Coronavirus Confirmed In Nigeria

Nigeria on Thursday, July 2, recorded 626 new cases of Coronavirus as confirmed in a tweet shared by the Nigeria Centre for Disease Control (NCDC). 

 

A breakdown of the new cases across different states in the country is as follows; Lagos-193, FCT-85, Oyo-41, Edo-38, Kwara-34, Abia-31, Ogun-29, Ondo-28, Rivers-26, Osun-21, Akwa Ibom-18, Delta-18, Enugu-15, Kaduna-13, Plateau-11, Borno-8, Bauchi-7, Adamawa-5, Gombe-4, Sokoto-1.

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As at July 2, there are 27,110 confirmed cases of Coronavirus in the country. 10,801 patients have been discharged and 616 deaths has been recorded.

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193 Almajiria Test Positive For COVID-19 In Kano State

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Kano State Almajiria Test Positive For COVID-19

193 Almajiria Test Positive For COVID-19 In Kano State

A total of 193 Almajiris in Kano State have so far tested positive to COVID 19, according to the Kano state government.

Speaking at the COVID-19 press briefing held, Thursday, July 2, Kano State Commissioner of Education, Sanusi Mohammed Kiru disclosed that a total of 1860 persons were quarantined in three locations in the state, out of which 193 of them tested positive.

 

Sanusi who is also the head of the state government’s committee on the rehabilitation of almajiris, explained that 86 of them tested positive at Gabasawa Quarantine camp, 68 tested positive in Karaye while 38 tested positive in Kiru.

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He expressed happiness at the initiative to isolate the almajiris in the state, adding that state efforts at tackling the dreaded disease would have been worse off if they were allowed to continue to spread the disease in these communities.

 

He recalled that so far the state has repatriated a total of 1183 Almajirs to the rest of the states in the region such as Jigawa, Kaduna, Katsina, Gombe, Bauchi, Kebbi, and Zamfara States in line with the decision of the Northern Governors forum to end street begging in the region.

 

He further disclosed that the state government had established three almajiri boarding schools for the immediate admission of the Almajiris of Kano State orIgin, saying that these schools are located in Bunkure, Bagwai and Madobi Local Government Areas.

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President Buhari Suspends NSITF Boss, Others

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NSITF Boss Buhari

President Buhari Suspends NSITF Boss, Others

President Muhammadu Buhari has approved the immediate and indefinite suspension from Office of the Managing Director/Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), Mr Adebayo Somefun.

Sen Chris Ngige, Minister of Labour and Employment, in a statement by Charles Akpan of the Press and Public Relations in the ministry, named other officers suspended to include Jasper Ikedi-Azuatalam, Executive Director (ED), Finance and Investment, and Mrs Olukemi Nelson, ED, Operations.

Also suspended are Alhaji Tijani Darazo Sulaiman, ED, Administration, Mr Olusegun Olumide-Bashorun, General Manager, Administration/Human Resources/Maintenance, and Mr Lawan Tahir, General Manager, Finance.

Others asked to go are Mr Chris Esedebe, General Manager, Claims and Compensation, Mr Olodotun Adegbite, Deputy General Manager, Investment and Treasury Management, and Mr Emmanuel Enyinnaya-Sike, Deputy General Manager, Finance and Accounts.

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The statement also named Mrs Olutoyin Arokoyo, Deputy General Manager/Acting Head, Legal, Ms. Dorathy Zajeme-Tukura, Deputy General Manager, Administration, and Mrs Victoria Ayantuga, Assistant General Manager, Internal Audit.

The minister said that their suspension from office arose from the “preliminarily established prima facie infractions on the extant Financial Regulations and Procurement Act, and other acts of gross misconduct”.

“During the period of their suspension, the officers will face a Joint Board and Audit Investigative Panel that had been set up to look into the financial and procurement breaches, as well as gross misconduct in the NSITF from 2016 to date.

“The gross misconduct has invariably put the contributions of stakeholders in a perilous state. The affected officers have also been directed to hand over to the most senior officers in their respective departments,” the statement said.

It quoted Ngige as specifically directing that Dr Kelly Nwagha, General Manager. Health, Safety and Environment Department, to assume the position of Managing Director/Chief Executive Officer, being the most senior General Manager in the organisation.

It said that officers assuming the new positions would take charge from Monday, July 6, 2020, until further notice.

Ngige charged the Chairman of the Board, Mr Austin Enajemo Isire, to ensure that the investigative panel commenced work as soon as possible.

He also charged him to ensure that the Board facilitated the smooth running of the Fund by creating the enabling environment and all the necessary staff adjustments and movements, in order to guarantee that services by staff to the contributors were not affected.

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#COVID19NIGERIA Situation Report

http://news.ncbn.ng/2020/06/04/coronavirus-and-the-adversity-of-the-asymptomatic-bala-ibrahim/

@Africa CDC

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

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"Also found worthy of honour was Bashir Abubakar, an Asst Comptroller-General of Customs, who rejected a bribe of $412,000 per container offered him by drug traffickers seeking to bring 40 containers of Tramadol into Nigeria. A fine example of incorruptibility, worthy of emulation"

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