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Good Morning! Here Are Some Major News Headlines In The Newspapers Today: Nigeria divided, needs national reconciliation – Obasanjo

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1. Former President Olusegun Obasanjo has said the outcome of this year’s general elections has made Nigeria more divided than ever before. He said the administration after President Muhammadu Buhari must find ways of healing the wounds caused by the division.

2. Residents of Daki Biyu, a suburb within the Jabi District area of Abuja, have been thrown into panic by the ongoing demolition of buildings in the community by the authorities. The demolition is part of the ongoing efforts of the FCTA to restore the Abuja master plan.

3. An FCT High Court has stopped the Nigerian Army and the Ministry of Defence, among others, from trespassing on plots of land located at highbrow Maitama Extension, popularly known as Maitama Aliero. Justice U. P. Kekemeke restrained the defendants pending the determination of a subsisting case before it.

4. President Muhammadu Buhari has approved the sum of N320,345,040, 835 as the 2023 intervention funds for public tertiary education institutions in the country. Executive Secretary, Tertiary Education Trust Fund, Sonny Echono, disclosed this in Abuja yesterday during TETFund’s annual strategic planning workshop with all heads of benefitting institutions.

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5. The All Progressives Congress (APC) governors under the umbrella of Progressive Governors Forum (PGF) have declared that they would not interfere in the election of principal officers of the National Assembly. The governors who rose from a marathon meeting in Abuja yesterday, said the new and old members were intelligent enough to understand the expectations of Nigerians from the ruling party.

6. President Muhammadu Buhari yesterday said the 2023 elections have proved the growing strength of the nation’s democracy, more especially, the sophistication of the Nigerian voter when it comes to the choice of leaders. The President spoke when he received the newly-installed Emir of Dutse, Jigawa State, Alhaji Muhammad Hamim Nuhu Sunusi, at the State House in Abuja.

7. Opposition yesterday piled against the federal government’s planned removal of subsidy on petrol, otherwise known as premium motor spirit, PMS, and its decision to secure an $800 million World Bank facility as a palliative to cushion the effect on the people. The resistance came from Nigeria Labour Congress, NLC, Trade Union Congress, TUC, Nigeria Employers Consultative Association, NECA, and northern youths, under the aegis of the Northern Youth Council of Nigeria, NYCN.

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8. Labor Party Presidential Campaign Council, LP-PCC, yesterday, accused the ruling All Progressives Congress, APC, of a well-calculated and orchestrated campaign of calumny to discredit and delegitimize Mr Peter Obi, its presidential candidate, to compel him to abandon his right to seek redress in court, following the outcome of the last election.

9. The National Population Commission, NPC has reassured of its commitment to fully deploy digital technology in the conduct of census exercises to ensure that data generated meets international standards. The Federal Commissioner representing Enugu State, Ejike Ezeh gave this assurance in Enugu while inaugurating a 21-member State census Publicity Committee.

10. Minister of Information and Culture, Alhaji Lai Mohammed, yesterday, said the Yoruba socio-political organisation, Afenifere, is still pained by the defeat suffered by Peter Obi, candidate of the Labour Party, LP. In an interview with reporters, in Washington DC, US, the minister said Afenifere has refused to get over the defeat suffered by Obi at the polls.

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BREAKING: FG, states, LGs share N1.123tn in March

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The Federation Account Allocation Committee has disbursed a total of N1.123tn to the federal, state, and local governments for March 2024.

 

The allocation, derived from a gross total of N1.867tn, marks a critical distribution of funds aimed at supporting various government tiers.

 

This was revealed in a statement signed by the Director of Information and Public Relations, Ministry of Finance, Mohammed Manga, on Friday.

 

FAAC has the duty of examining and approving the distribution of financial resources to the states and the Federal Government.

Monthly, this committee is tasked with the disbursement of funds across Nigeria’s 36 states and its 774 local government areas.

 

This allocation is anticipated to drive progress and support governmental bodies across various tiers in executing their duties.

 

The FAAC shared N1.152.trn to the three tiers of government for February 2024 from a gross total of N2.326.14trn.

 

Manga stated that the Accountant General of the Federation, Mrs. Oluwatoyin Madein, chaired the meeting and highlighted the importance of the allocation.

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This distribution is pivotal in ensuring that all government levels have the necessary funds to continue their development projects and provide essential services to the citizens,” the statement read.

 

The statement noted that the Federal Government received N345.890bn, states, and local governments received N398.689bn and N288.688bn, respectively, while oil-producing states received N90.224bn as 13 per cent mineral revenue derivation.

 

The FAAC statement also noted an increase in the gross revenue from Value Added Tax for March 2024, amounting to N549.698bn—an N89.210bn rise from the previous month.

 

This increase reflects the country’s economic growth and improved tax compliance.

 

Despite the positive trend in VAT, the Gross Statutory Revenue of N1.017tn for March was lower than February’s N1.192tn by N175.212bn.

 

The decrease has been attributed to reductions in excise duty, oil royalty, petroleum profit tax, customs external tariff levies, and electronic money transfer levy.

 

The balance in the Excess Crude Account as of April 2024 stands at $473,754.57, indicating a reserve for future financial stability.

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The statement noted that the FAAC’s decision to allocate these funds is expected to bolster economic activities across the nation and support the government’s efforts in improving infrastructure, healthcare, education, and other vital sectors.

 

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Tinubu appoints Emomotimi Agama as SEC DG

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President Bola Tinubu has appointed Emomotimi Agama as the director general of the Securities and Exchange Commission (SEC).

 

Ajuri Ngelale, special adviser to the president on media and publicity, disclosed this in a statement on Friday.

 

Details later…

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Army releases Delta monarch declared wanted over Okuama killings

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The army has released Clement Ikolo, a traditional ruler in Delta state, who was arrested over the murder of 17 officers in Okuama community.

 

Ikolo was released on Friday during a briefing by Onyema Nwachukwu, director, army public relations, at the Army Headquarters in Abuja.

 

The army personnel were killed on March 14 during a peacekeeping operation in the community.

 

The Defence Headquarters had declared Ikolo among eight persons wanted in connection to the murder.

 

The monarch subsequently turned himself in after releasing a statement to plead his innocence.

 

Ikolo said taking lives is against his philosophy and faith as a Catholic, and urged the army to look elsewhere for the culprits.

 

The monarch was released to Ede Dafinone, senator representing Delta central, who stood as surety.

 

Nwachukwu said Ikolo’s release did not amount to exoneration but was only facilitated after the senator testified to his character.

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Others declared wanted over the murder are Ekpekpo Arthur, a professor of physics at the Delta State University; Akeywiru Omotegbono, Andaowei Bakrikri, Igoli Ebi, a lady; Akata David, Sinclear Oliki, and Reuben Baru.

 

After the killing of the officers, President Bola Tinubu and the military high command promised that the perpetrators would be brought to justice.

 

 

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