₦airaland Forum

Rgade:
Was that an official lautech response?

How disappointing
First how did they know she wasn't their student?
Does lautech have a facial ID database of all her students.
And why is the foolish school acting as if prostitution is some heinous crime?
Do they know how many holoshos are currently in their so called school of serious minded abi school of gifted.
Is it because this one came out in the open?
Na moral hypocrisy and over zealousness dey always worry us for these parts.

Vyzz:




God, we are looking up to u now



I heard u always finish what u start

Vyzz:




God, we are looking up to u now



I heard u always finish what u start

INSECURITY: At last, 386 injured soldiers, others quit military

The controversy over 386 soldiers who applied to disengage from the military amid the battle against bandits, terrorists and kidnappers in parts of the country may be over after the authorities fixed their exit date as January 3, 2021.

But they will proceed on terminal leave on December 3, 2020.

Sunday Vanguard learnt at the weekend that affected soldiers include those who have attained retirement age and others who are medically challenged as a result of the injuries they sustained in the battle against bandits and terrorists in parts of the country.

The personnel’s application for voluntary retirement and disengagement from service on medical grounds had stoked controversy after it was alleged in some quarters that it may not be unconnected with poor welfare conditions and adequate military hardware to tackle the myriad of security threats facing the nation.

But the authorities punctured the claim, saying it was the right of the personnel to apply for voluntary discharge on medical grounds and other approved guidelines in accordance with military terms and conditions of service.

According to a letter, dated August 12, 2020, and titled ‘Approval for Voluntary and Medical Discharge Soldiers for First and Second Quarters 2020’, the Army, said the 386 discharged soldiers were of 1979 Nigerian Army intakes and others.

The letter, addressed to the Nigerian Army Special Forces Command, Nasarawa, and copied to various military formations where the soldiers are currently serving, referenced the Harmonized Terms and Conditions of Service of the Armed Forces (2017 Revised).

Among others, the letter sighted by Sunday Vanguard, said, “In compliance with Reference A, the COAS has approved the voluntary/medical discharge of one Master Warrant Officer and 385 others.

“The soldiers are to proceed on terminal leave from December 3, 2020 while their disengagement takes effect from January 3, 2021 in accordance with the Nigerian Army Administrative Policy and Procedure number 27, Paragraph 3 and 4”.

Consequently, it directed all army formations and units to release the 386 affected soldiers to the Army Headquaters Garrison, Abuja, for documentation not later than October 1, 2020.

The formations and units are also to ensure that all forms of military controlled items, including arms, ammunition, uniforms and items of combat kits, are recovered from the soldiers prior to their disengagement date and certify that they are properly de-kitted.

Furthermore, they should complete all necessary documents in regards to withdrawals of NAWIS (Nigerian Army Welfare Insurance Scheme), BENFUND (Benevolent Fund Contributions), and National Mortgage Contributions.

The letter was copied to the Defence Headquarters, the National Defence College, the Nigeria Defence Academy, the Defence Intelligence Agency, the Armed Forces Command and Staff College, Jaji, the Armed Forces Resettlement Centre, the Military Pensions Board and the Nigerian Army Training and Doctrine Command among others.

The letter, earlier requesting the voluntary retirement of the Master Warrant Officer and 385 other soldiers based on medical grounds and other pecuniary reason as contained in the TACOS, and submitted to the office of the Chief of Army Staff through the office of the Chief of Administration, was dated July 2, 2020.

As Finance Minister consults NASS leadership on 2021-2023 MTEF/FSP

***Buhari to sign revised 2020 budget today

By Henry Umoru

ABUJA- THE Federal Government told the Senate yesterday that President Muhammadu will present before the joint National Assembly, the 2021 Appropriation Bill.

Disclosing this year in Abuja while briefing principal officers of the Senate and House of Representatives led by the Senate President, Ahmad Lawan, and the Speaker, Femi Gbajabiamila, Minister of Finance, Budget and National Planning, Zainab Ahmed said that President Muhammadu Buhari had directed the Ministry to expedite action on next year’s budget estimates to enable him to present the 2021 budget proposal

The Minister met with the leadership of the National Assembly on plans to submit the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) later this month.

Ahmed further disclosed that in keeping strictly with the January – December budget cycle, the President will today sign into law, the revised N10.8 trillion budget for the year 2020 passed by the National Assembly in June.

The Minister said, “This for us is a journey towards ensuring that the progress that we have made as a collective to return the fiscal year to January – December is maintained for the 2021 budget as well.

“The President has directed that we must deliver the budget to the National Assembly by the end of September,” the Finance Minister said.

Ahmed while giving an update on the 2020 budget implementation between January and May 2020, stated that the Federal Government’s retained revenue was N1.48 trillion, an amount representing 56 percent of government’s target.

According to her, out of the sum generated as revenue, oil revenues accounted for N701.6 billion; non-oil tax revenues N439.32 billion; Companies Income Tax (CIT) and Value Added Tax (VAT) collections – N213.24 billion and N68.09 billion; and Customs collection N158 billion, respectively.

She said, “Other revenues amounted to N339.51 billion, of which Independent revenues were N80.22 billion. Recoveries and Stamp duty collected during the period are yet to be booked in the fiscal accounts.”

On Expenditure performance for the same period (January – May 2020), Ahmed who disclosed that N1.25 trillion was expended for debt service; and N1.32 trillion for Personnel cost, including Pensions, said that as at the end of May 2020, only N253.33 billion had been released for capital expenditure.

Ahmed while giving underlying assumptions driving the macro-economic parameters and targets of the 2021 – 2023 Medium Term Expenditure Framework, said the same was “revised in line with the emergent realities.”

She stated that the Oil Price Benchmark for the 2021 fiscal year was pegged at USD$35; and USD$40 for 2022 and 2023, respectively.

Oil Production (mbpd) was placed at 1.86 for 2021, 2.09 for 2022, and 2.38 for the 2022 fiscal year; while the Exchange Rate remains at N360 to USD$1.

Ahmed stressed that “although Nigeria’s total production capacity is 2.5 million barrels per day, current crude production is about 1.4 million barrels per day – in compliance with the Organization of the Petroleum Exporting Countries’ production quota – and an additional 300,000 barrels per day of condensates, totaling about 1.7mbpd.”

According to her, while the World Bank forecasts that crude oil prices will rise gradually from an average of USD$42 per barrel in 2021 to USD$44.5 per barrel in 2022; and USD$47pb in 2023, it is also expected that Brent crude oil prices may average $41 per barrel during the second half of 2020 and $50pb during 2021, climbing as high as $53pb by the end of next year.

“The nominal Gross Domestic Product (GDP) is expected to increase from N130,836.1 billion in 2020 to N132,125.4 billion in 2021 and then up to N138,415.8 billion in 2023,” Ahmed said.

Earlier, the Senate President in his remarks said, “this meeting is holding at the instance of the Honourable Minister of Finance, Budget and National Planning, and the main purpose of the meeting is for the Minister to brief the leadership of the National Assembly on the 2021 – 2023 Medium Term Expenditure Framework and Fiscal Strategy Paper.

“Therefore, it will not be wrong to say that the journey to the presentation of the 2021 budget estimates by the Executive arm of Government has started in earnest.

“It is our expectation in the National Assembly, that this journey will lead to the presentation or laying of the budget estimates by the President before the end of September by the grace of God.”