₦airaland Forum

Good development

Sahara reporters and gutter journalism, history distortion and fake news.
Buhari did not accuse anybody of corruption in the 80's. It was the people themselves that writes petition to the Military Tribunal, who in turns bring the accused in for questioning and prosecution under the military rule.

This second term go sweet . Next Level Things.....

FG blocks governors from monopolising local government allocations

MAY 6, 2019

BY VICTOR OGUNYINKA

Sets June 1, 2019 takeoff date for direct allocations to 774 LGAs

Limits daily cash withdrawal from LGA accounts at N500,000

Any transaction above N500,000 must go via cheques/e-transfer

Soni Daniel – Northern Region Editor

Alarmed by the continuous pillage of cash allocated to local government councils across the country by the state governments through the Stat, Joint Local Government Accounts, the federal government on Monday outlawed the meddling of states into council allocations.

The federal government, through the newly inaugurated Financial Intelligence Unit, NFIU, which was excised from the Economic and Financial Crimes Commission, set June 1, 2019, as the takeoff date of the new order, making it compulsory for all LGA allocations to go straight to their respective bank accounts. The decisions are contained in a guideline released by the NFIU after a lengthy meeting with officials of commercial banks in Abuja.

Guidelines To Reduce Vulnerabilities Created by Cash Withdrawals from LG Funds throughout Nigeria, Effective 1st June 2019, is said to have been prompted by threats by the international financial watchdog to sanction Nigeria because of abuse of financial abuse.

The NFIU warned banks to comply with immediate effect, saying that any of them that flouts the order would be sanctioned. The agency said: “The NFIU requests all financial institutions, other relevant stakeholders, public servants and the entire citizenry to ensure full compliance with the provisions of the guidelines already submitted to financial institutions and relevant enforcement agencies including full enforcement of corresponding sanctions against violations from 1st June, 2019. “Having realized through analysis that cash withdrawal and transactions of the State, Joint Local Government

Accounts (SJLGA), poses biggest corruption, money laundering and security threats at the grassroots levels and to the entire financial system and the country as a whole, decided to uphold the full provisions of section 162 (6) (of the 1999 Nigerian Constitution as amended which designated “ State Joint Local Government Account into which shall be paid allocations to the local government councils of the state from the federation account and from the government of the state” “The amount standing to the credit of local government councils of a state shall be distributed among the local government councils of that state” and not for other purposes. “As far as the NFIU is concerned the responsibility of the account as a collection account is fully reinstated.

“In addition, taking such measures was necessitated by prompting reasons on the NFIU to respond to threats of isolating the entire Nigerian financial system by other International financial systems because of deficiencies in our anti-money laundering and counter-terrorism financing implementation. “Therefore, it is no longer possible to allow the entire system to suffer the deliberate and expensive infractions or violations by public officials and/or private business interests. “Henceforth, all erring individuals and companies will be allowed to face direct international and local targeted sanctions, in order not to allow any negative consequences to fall on the entire country. “To be precise, with effect from 1st June any bank that allows any transaction from any local government account without monies first reaching a particular local government account will be sanctioned 100%, both locally and internationally.

“In addition, a provision is also made to the effect that there shall be no cash withdrawal from any local government for a cumulative amount exceeding N500,000:00 per day. Any other transaction must be done through valid cheques or electronic funds transfer. “The complete guidelines have been released to the Governor of the Central Bank of Nigeria, the Chairman, Economic, and Financial Crimes Commission (EFCC), the Chairman, Independent Corrupt Practices Commission (ICPC) and Chief Executive Officers of all Banks and other financial institutions.

“Any state government that is willing to seek any expert economic advice in the unlikely event of these guidelines constituting an inconvenience to the management of the state can work with the NFIU and /or CBN,” the NFIU said.

https://www.vanguardngr.com/2019/05/fg-blocks-governors-from-monopolising-local-government-allocations/

All these yeye people and cowardice. Buhari is your problem. Be bold enough to face him and stop dropping Tinubu's name to cause mischief.

kingkakaone:
Even on Sunday you are exhibiting your divisive nature, SMH.

This is an issue of the church and the government, not a party thing.
You and your friends always insult the church for not doing anything to help even when their efforts in secret are helping more than the government who has such responsibility in the first place.

Is Gbenga Daniel not a PDP Governor? Is Oyedepo not a disguised PDP member? Abegii Call a spade a spade.

Nigeria enemies will be put to shame.

Gbenga Daniel - PDP Governor.
Today, Oyedepo is a disguised PDP member

What will Afenifebi recognition of Buhari add to Buhari? Nothing

Igbo

Going through the comment sections, majority of those attacking Keyamo and defending corrupt people like Badeh, Fayose, Yuguda, Dieziani, Dasuki etc are bearing names such as Okafor, Emeka, or Chioma.

Faces of Unemployment in Nigeria

It is realy a sad situation for states like Rivers, Delta and Akwa Ibom states. Their Governors are just criminals, using all kinds of diversionary tactics and excuses to cover up their ineptitude, mindless looting and total failure

farem:
I still wonder what magic the governor of Osun with paltry #4billion against that of Rivers with humongous #50 billion per month.
I think Aregbesola, with little he was able to show, was a wonder. Do you agree?

Yes I do. This is why I do not agree with people that try to castigate Aregbe for poor performance. The man tried expecially on infrastructure despite poor revenue allocation from FG.

States with more population and less revenue allocation are not having high unemployment rate as Rivers, Akwa Ibom and Delta states.

Again, where is the money?

Akwa Ibom, Rivers top states with high unemployment rate in 2018 third quarter – NBS

April 26, 2019

The National Bureau of Statistics (NBS) said Akwa Ibom State reported the highest unemployment rate of 37.7 per cent in third quarter 2018.

NBS said this in its Labour Force Statistics – Volume 2: Unemployment and Underemployment by State for Third Quarter, 2018 posted on its website.

The bureau said Rivers was the second highest reported unemployment rate with 36.4 per cent followed by Bayelsa with 32.6 per cent.

Also, Abia recorded 31.6 per cent and Borno reported 31.4 per cent unemployment rate in the quarter under review.

The report said the top five states with the highest unemployed population were Rivers (1,673,991), Akwa Ibom (1,357,754), Kano (1,257,130), Lagos (1,088,352) and Kaduna with (940,480).



It said among these five states with the highest unemployed population, Lagos state reported the lowest rate of 14.6 per cent during the quarter.

Meanwhile, the bureau said Katsina State, Jigawa, Kaduna State and Yobe recorded the highest underemployment rates of 39.5, 38.1, 31.0 and 30.0 per cent.

It said the national unemployment rate for the quarter was 23.1 per cent while the underemployment rate was 20.1 per cent.

The report said between third quarter, 2017 and third quarter of 2018, only nine states recorded a reduction in their unemployment rates despite an increase in the national unemployment rate.

The states included: Akwa Ibom, Enugu, Imo, Kaduna, Kogi, Lagos, Nasarawa, Ondo and Rivers; the same states recorded reduction in their combined unemployment and underemployment rates.



The report said six states recorded the highest gains in net full time employment between third quarter, 2017 and second quarter, 2018.

The states were Lagos adding 740,146 net full time jobs, Rivers (235,438), Imo (197,147), Ondo (142,514), Enugu (122,333), Kaduna with 118,929 jobs.

The report presents the state breakdown of the results of the Labour Force Survey earlier published by NBS.

According to NBS, unemployment and underemployment rates vary across states due to the nature of economic activity predominant in each State.

States with higher focus on seasonal agriculture tend to have higher rates of underemployment compared to unemployment.

This may swing from high full-time employment during periods of planting and harvest, when they are fully engaged on their farms to periods of high underemployment and even unemployment at other periods in between.

Meanwhile, states with a higher propensity for women to be housewives or stay home husbands or that have negative attitudes to working tend to have lower unemployment rates.

The women tend to have lower unemployment rate as they are not considered part of the labour force in the first place and as such have no bearing on the rate of unemployment.

On the methodology for arriving at the figures, the bureau said the total population in Nigeria was divided into labour force (currently active) and non-labour force (not currently active).

The labour force population covers all persons aged 15 years to 64 years who are willing and able to work regardless of whether they have a job or not.

The definition of unemployment, therefore, covers persons (aged 15–64 years) who during the reference period were currently available for work, actively seeking for work but were without work.

The non-labour force includes population below 15 years or older than 64 years as well as those within the economically active population.

https://www.premiumtimesng.com/business/business-news/327171-akwa-ibom-rivers-top-states-with-high-unemployment-rate-in-2018-third-quarter-nbs.html

The North remembers.....

diablos:
These parasites have finished the south and its resources. I wonder how long they will continue to fuel bokoharam insurgency jst so they can continue pillaging the South's oil monies in the name of NEDC. Soon the NW will use the bandits terrorising them to seek to pillage resources in the name of a newly created NWDC. So much for petrodollars.

How did they finish the South? Look at the revenue allocation. Who has finished who? What is Delta state doing with that huge allocation compared to the Northern states and yet nothing in Delta to write home about. Make shame dey catch una small, small now. You chop your people money, you still have the audacity to point accusing fingers at others.

Why would you collect kick back from your own money?

Propaganda jam Propaganda. Fraud, jam fraud.

The worst sets of human are those that will never take responsibility for themselves. They see others as controling their destinies and responsible for all of their predicaments

BluntTheApostle:
So owning a university now means intellectualism?

Does Obasanjo not have a university too?

If Oyedepo was so smart, a large portion of his graduates would be employable. I have worked as a data analyst and I can tell you that many of their graduates are not even employable.

. Collecting money from the gullibles has qualified him as an intellectual.

So says a guy man Pastor. Oyedepo did not realize that by virtue of his number of followers, he is also an African leader.

jchioma:
I don't HATE Buhari for one bit, in fact, fewer people supported him more than I did in 2014, but with time, empathy became sympathy. The old man has lost it and needs to go home and rest before he is fully demystified.

. Campaign after election. Buhari won re election 2 months ago and you are still doing go home/ back to Daura.

Maybe Buhari should take over running some states too. Because when the Governors embezle their state funds or mismanage their states, its Buhari thay get blamed anyway. Buhari gave the states Governments bail funds so theu can pay salary, refunded paris club deduction, yet some are still owing Salary @ N18,000 minimum wage.

superstar1:
Anyone "they" support always fail.

Ojukwu
Abacha
Jonathan
Fayose
FFK
Kanu
And now CJ of Bureau de Change

You left out Saraki and Atiku

What is happening to Fani Kayode case?

The Air strikes is surely helping..

Corruption kills and destroys

The kunu sipping, Gworo chewing, "illiterate" man has done it again.

BREAKING: Buhari Signs N30,000 Minimum Wage Bill Into Law
Channels Television
Updated April 18, 2019


President Muhammadu Buhari has signed into law, the Minimum Wage Repeal and Re-Enactment Act, 2019.

The Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Ita Enang, disclosed this to State House correspondents on Thursday in Abuja, the nation’s capital.

The law makes it compulsory for all employers across the country to pay workers a minimum of N30,000.

More to follow…

https://www.channelstv.com/2019/04/18/breaking-buhari-signs-n30000-minimum-wage-bill-into-law/?utm_source=TW&utm_medium=ChannelsTV-+AutoPoster&utm_campaign=SNAP%2Bfrom%2BChannels+Television

EFCC arrests 40 Federal Inland Revenue workers over N2.1b scam
by Yusuf Alli, Abuja April 18, 2019

The Economic and Financial Crimes Commission (EFCC) has arrested 40 senior management and junior Federal Inland Revenue Service (FIRS) officials for an alleged N2.1billion scam.

The cash was said to have been siphoned through alleged payment of Duty Tour Allowances (DTA) to the staff.

Some of the suspects were paid as much as N101million, N97million, N89million, N84million, N65million, N52million and N46million as Duty Tour Allowances.

Some of those arrested have started paying back the illicit payments made to them.



The international passports of 10 of the officials have been seized to restrict their movement to the country pending investigation.

The EFCC has also written some embassies to retrieve the passports of some of the officials.

The anti-graft commission said it was expecting the most senior director for interrogation as the approving authority of the DTA allowances.

Although the official is said to be on medical treatment abroad, the EFCC said there was no evidence before it to show that he is ill.

Detectives have, however, quizzed the Director of Finance, Mr. M. Auta, who claimed to have acted on the instructions of the Coordinating Director.

There has been no evidence of any fraud link to the Executive Chairman, Mr. Babatunde Fowler.

According to a fact-sheet obtained yesterday, the EFCC is “investigating alleged inflation of Duty Tour Allowances, humongous payments to staff, diversion of funds and outright stealing of public funds”.

The document said: “There was information that some senior management staff were using some middle and junior cadre of the service to siphon funds from the accounts of the Federal Inland Revenue Service (FIRS) in the guise of travelling allowances.

“For the records, the fraudulent practices were perpetrated between 2017 and 2018. Initially, the accounts of the staff were scrutinised and over N2.1billion was discovered to have been paid to them by the FIRS.

“However, a proper scrutiny was carried out. During investigation, their normal salaries, DTA were deducted and finally what was illegally paid to these staff was N1.6billion.

“The funds were paid to the staff and after little deductions, the bulk of the money was usually given to the senior management staff. Prominent among those who have a case to answer is a Coordinating Director.

“As civil servants, some of the suspects were paid as much as N101million, N97million, N89million, N84million, N65million, N52million and N46million as Duty Tour Allowances. There is no way a civil servant can earn about N101million in his or her 35 years in service. In some instances, some staff claimed to have been in Lagos, Sokoto, Calabar on the same day and collected DTA.

“Most of the DTA allowances were actually not used for official purposes or public service. This is a case of stealing and money laundering.

“So far, about 40 staff were involved but about 10 staff were detained and released on bail after scrutiny.

“We are looking for the most Senior Coordinating Director in the agency but the FIRS claimed he travelled out for medical treatment abroad. We invited him to come on or before last Tuesday but he is yet to report. We have not yet seen any medical report.

“We won’t be able to determine how much was credited to him until he is interrogated. We are looking for him. Even if he resigns, as being speculated, he has to answer the allegations against him.

“So far, the Director of Finance of FIRS, Mr. M. Auta has been quizzed by detectives. He admitted that he acted on approvals and instructions by the Coordinating Director.”

The document gave an update on the status of investigation by EFCC detectives.

It said: “The commission has seized the passports of Auta and nine other staff to restrict their movement to the country. We are trying to retrieve the passports of some of the staff from a few embassies pending the conclusion of investigation.

“This is just one case out of many fraud alerts in the FIRS. Some sections in EFCC are also handling same matters on other amounts.

“Some amounts have been recovered from those invited, interrogated and detained.”

The Acting Head of Media and Publicity of EFCC Tony Orilade said: “I am not aware, I have not been briefed.”

https://thenationonlineng.net/efcc-arrests-40-federal-inland-revenue-workers-over-n2-1b-scam/