₦airaland Forum

The Federal Government has declared Monday as Public Holiday to mark the 2019 Eid-ul-Mawlud in commemoration of the birthday of the Holy Prophet Muhammad.

Mr Mohammed Manga, Director Press and Public relations of the Ministry of Interior, announced this in a statement on Thursday in Abuja, Igbere TV reports.

He said the Minister of Interior, Ogbeni Rauf Aregbesola, congratulated the Muslim faithful on the occasion and enjoined them to live within the virtues and teachings of the Prophet.

He said imbibing the Prophet’s virtues of love, courage and perseverance would guarantee peace and security in the country.

Aregbesola expressed confidence that the challenges confronting Nigeria at the moment would soon be over; and therefore called on Nigerians to remain focused and determined.

He gave the assurance that with the immense potentials the country is endowed with; coupled with its human and natural resources, Nigeria will sooner than later join the league of developed nations.

“With love, commitment, self-sacrifice, patience and patriotism, we will certainly, build a greater Nigeria,” Aregbesola said.

The Minister restated Government’s desire to ensure a peaceful and secure environment for all Nigerians.

The Federation Account Allocation Committee (FAAC) has shared a total of N693.529billion to the three tiers of Government for the month of September 2019.
The N693.529billion comprised revenue from Value Added Tax(VAT), Exchange Gain and Gross Statutory Revenue. The Committee announced that as at 17th October 2019, the balance in the Excess Crude Account was $323.692million.
A communique by the Federation Account Allocation Committee (FAAC) chaired by the Accountant General of the Federation (AGF) Ahmed Idris, confirmed that from the total revenue of N693.529 billion, the Federal Government received N293.801 billion, the States received N186.816 billion and the Local Government Council received N140.864 billion.
The oil- producing States received N51.532 billion as 13% derivation revenue and the Revenue Generating Agencies received N20.517 billion as cost of revenue collection.
The gross statutory revenue for the month of September 2019 was N599.701billion. It was less than the N631.796billion received in the previous month by N32.095 billion.
For the month of September, gross revenue of N92.874 billion was available from the Value Added Tax as against N88.082 billion distributed in the preceding month, resulting in an increase of N4.792 billion. Exchange Gain yielded total revenue of N0.954 billion.

The Federal Government, States and Local Government Areas (LGAs) shared N762.5 billion as federal allocation for the month of June.

Mr Ahmed Idris, the Accountant-General of the Federation (AGF), said this on Thursday in Abuja, while addressing newsmen at the end of the Federation Accounts Allocation Committee (FAAC) meeting.

The Rivers State Governor, Chief Nyesom Wike has approved the payment of pension benefits to 800 retired civil servants in the state.
This gesture is part of the state government’s measures to commence the implementation of the State Pension Reform Law No. 4 of 2019 as amended.
The Director-General of the State Pension Board, Mr Ijeoma Samuel disclosed this during a one-day stakeholders’ meeting held at the boardroom of the board in Port Harcourt, last Thursday.
Ijeoma said the 800 pensioners are those enlisted in the first batch for payment, and have completed their biometric verification.
He explained that the 2019 Rivers State Pension Reform Law, which commenced on May 31, 2019, has a three-year window, adding that all employees in the state public service, who are to retire from service before May 31, 2022, would exit under the Defined Benefit Scheme.
According to him, the first batch of 800 retirees are those exempted by the 2019 Pension Reform Law of the state, adding that the biometric verification for the next batch of retirees exempted from the scheme would soon commence.
“The stakeholders were also informed that the 7 1/2% monthly deductions from the salary of 4,422 staff of the state public service under the Contributory Pensions Scheme (CPS) who are due to retire between January, 2019 and May 31, 2022, are to be discontinued with effect from June, 2019, having been exempted by the State Pension Reform Law 2019”, he stated.
The state pension boss urged the Pension Fund Administrators (PFAs) and National Pension Commission (PENCOM) to expedite action on refund process, so that those who retired since 2015, and other retirees from the public service would get their refunds without further delay, even as he thanked Governor Nyesom Wike for his assent to the amended State Pension Reform Law, 2019.

The Federal Government has declared Tuesday, June 4 and Wednesday, June 5, as public holidays to mark the Muslim Eid-Fitri Celebration.

The Permanent Secretary, Ministry of Interior, Mrs Georgina Ehuriah, made the declaration on behalf of the Federal Government in a statement signed by Mr Mohammed Manga, Director Press & Public Relations, of the ministry, on Friday in Abuja.

Ehuriah congratulated the Muslim faithful on the successful completion of the Ramadan fast and enjoined all Nigerians to use the occasion of the celebration to pray for the peace, unity, prosperity and stability of the nation.

The Federation Accounts Allocation Committee ( FAAC) meeting slated to hold yesterday in Abuja was abruptly put off over reason allegedly linked to shortage of funds in the pool. A senior official working for the Office of the Accountant General of the Federation (OAGF) confirmed the meeting postponement to Saturday Telegraph on phone. He said the meeting is rescheduled for next week Monday.
The meeting was initially fixed for Thursday but it was shifted to yesterday. States’ finance commissioners and other key stakeholders of FAAC had fully assembled for the meeting before its sudden postponement. Director (Information) at OAGF, Oise Johnson, debunked rumour of funds shortage when he spoke to Saturday Telegraph. “FAAC has been postponed to Monday next week.
It was supposed to be this (Yesterday) evening but shifted to Monday. Whoever told you of shortage of funds being the reason didn’t have his fact correct,’’ Johnson said. FAAC is monthly forum of state’s commissioners of finance, state’s auditor generals, Nigerian National Petroleum Corporation (NNPC), Nigeria Customs Service and Department of Petroleum Resources (DPR) that considers revenue accrual to federation account for sharing to three tiers of government.

The Federal Executive Council (FEC) Wednesday approved a new scheme that is targeted at creating employment for 60,000 Nigerians aged 18-25 years.

The Minister of Budget and Planning, Udoma Udoma said the new scheme is called the N-Power knowledge multi-track youth empowerment programme.

Udoma said this while briefing State House correspondents at the end of the meeting of the council chaired by President Muhammadu Buhari.

He said under the scheme, 12,000 unemployed or under-employed graduates aged 18-25 yrs will be trained and given relevant devices afterwards.

The Presidency has explained that President Buhari is yet to sign the National Minimum Wage Bill just passed by the National Assembly into law, contrary to reports last week that he had done so.



The Senate had on March 19 passed the bill, approving N30,000 as the new national minimum wage. By its action, the Senate concurred the earlier decision of the House of Representatives, which passed the bill before the National Assembly shut down its operations to enable lawmakers to participate in the 2019 general elections, beginning from February 16.



Last week, there were social media reports, claiming that Buhari had assented to the bill, but speaking in an exclusive interview with Punch in Abuja on Wednesday, the Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Ita Enang, dismissed the reports.



He said that signing of bills was not done in secrecy, as the President would normally communicate his decision to Nigerians publicly. Enang clarified that Buhari had yet to sign the bill on the grounds that there were operational procedures to be followed. However, he confirmed that the bill, which captured N30,000 as the new national minimum wage, had been transmitted to Buhari by the National Assembly.



Enang said, “The bill has been transmitted to Mr President; that I can confirm. Right now, the bill is undergoing standard presidential, operational procedures in respect of bills. We are within time. At the appropriate time, Mr President will take a decision and make it public. Therefore, the report that Mr President has already signed the bill is not correct.”



The passage of the bill by the Senate coincided with the submission of the report on the new national minimum wage by the Presidential Technical Advisory Committee Buhari set up to advise the Federal Government on how to pay a wage increase above the current N18,000.

The Federal Account Allocation Committee (FAAC) on Wednesday disclosed that the three arms of government shared N619.857 as March revenue from funds generated in February.
Speaking at the event, the Account-General of the Federation, Mr Idris Ahmed, who was represented by the Director of Funds, Mohammed Usman disclosed that the gross statutory revenue received was N478.434 billion.
The sum is lower than the N505.246 billion received in the previous month by N26.812 billion.
He added that federation crude oil export sales increased by about 46% resulting in increased federation revenue from $425.00 million previously to $574.95 million.
“Shut-in and Shut-down persisted while some terminals remained closed due to leaks and maintenance.
“Petroleum Profit Tax (PPT) increased significantly while Companies Income Tax (CIT) recorded a marginal increase.
Revenues from Value Added Tax (VAT), oil royalty, import and excise duties decreased in February, 2019.
“The distributable statutory revenue for the month is N478.434 billion.
“The total revenue distributable for the current month (including VAT, exchange gain, excess bank charges recovered and forex equalisation) is N619.857 billion.
“Therefore, from the Total distributable revenue for the Month, the Federal government received N257.681 billion representing 52.68%; States received N169.925 billion representing 26.72%; Local government councils received N127.722 billion representing 20.60%; while the oil producing states received N50.946 billion also representing 13% derivation revenue,” he explained.
Usman also revealed that the balance on Excess Crude Account as at 27th March, 2019 stands at $183 million.
On the power loans given to states, Usman said the facility to states was not from ECA.
On whether the newly-approved N30,000 minimum wage may affect FAAC disbursements, he assure that salaries will be paid as and when due.
“We’ve not veered off from normal template. Ups and downs may come but we’ll stabilise,” he added

The Nigeria Labour Congress (NLC) has called on the Federal Government to commence the implementation of the new National Minimum Wage for workers in the country before the May Day Celebration.
Mr Najeem Yasin, Acting President of NLC, said this in an interview with the News Agency of Nigeria (NAN) on Tuesday in Abuja.

Nigeria’s Federal Government has declared Friday, 22 February as a public holiday, to enable citizens prepare for Saturday’s presidential and parliamentary elections.

Bankers and those offering essential services across the nation, are excluded, according to a statement by the Ministry of Interior.

“The work-free day is to enable citizens return to their polling units for the reschedule Presidential and National Assembly elections.

“Security agencies have been directed to ensure safety of lives and property before, during and after the general election,” the ministry said.

*CIVILISED WAYS TO SHOW COURTESY.*

Courtesy costs nothing but is very valuable.It should be taught in all schools and the message pinned in every public place.
1. In case you miss a call, drop a message as soon as possible if you're unable to call back.

2. Pay back borrowed money as soon as possible no matter how little the amount is. Do not opt to clear your personal needs first at the cost of your lender's personal needs. IT'S BAD MANNERS!
Don't assume that they don't need it, and never make them ask you for it.

3. Do not ask for a lift and make the person wait for you. Instead, position yourself at a convenient place so that they do not have to divert from their route.

4. Turn the volume down when you're watching video, playing music or playing a game on your phone in a public place or, better
yet, use headphones.

5. Don't press your phone or use headphones when someone is having a conversation with you.
Unplug the headsets from your ears even if nothing is playing and give them your undivided attention.

6. When using someone else's phone or computer, don't go through their stuff without permission.

7. Always leave the last piece of meat for the person who bought it unless they insist they won't eat it.

8. Don't use loudspeaker of the phone to have a two person conversation unless you are unable to hold the phone.

9. When someone else cooks for you, offer to help clean the kitchen.

10. If you stay the night at someone's house, make the bed or fold the blankets before you leave.

11. Don't let your arguments escalate in public. Find some place else to continue arguing where others won't feel uncomfortable or interested.

12. If you ask your friends for help with some house work, feed them as payment.

13. When someone buys you food or coffee, try to return the favour within a week (if you can).

14. When you borrow someone's car, fill up the tank when you return it. If you've had it for a prolonged period of time, service it as a way of saying 'thank you.'

15. Whatever you borrow, return it in its best condition as a sign of gratitude.

16. Don’t pick up a call while you are engaged in conversation without excusing yourself.

17. Make sure you don't forget to return that book you borrowed.

18. Do not take up a house pet and neglect to feed and care for it.

19. When someone gives you a gift, no matter how small it is or the way it was presented, even if it isn't up to your expectation, just say 'Thank You.'

20. 'I'm sorry', 'forgive me', 'thank you', 'pardon', 'excuse me', 'I understand', ... are all courtesy phrase that should forever be in ones vocabulary. They display manners and manners breed 'favour'.

21. Do not always be on the receiving end of a relationship. Try to also give, no matter how small.

22. When you have someone older than you who is friendly and makes himself free with you, speak to them with respect.

23. Don't feel too big to be corrected or reject good advice because you feel it's your life... Life is a ring; the next blow can come anytime.

24. When you receive messages on social media, try and reply. Don't feel too proud, maybe because you are a celebrity. Remember, no one knows tomorrow.

25. Do not send someone a 'call me back' or 'pay forward' when you are the one in need of their assistance, or worse still, want to borrow from them. Show some courtesy and fund that message.

26.When someone sends you money on your phone be sure to notify the sender once you receive the money and remember to say thank you.It costs nothing.

DON'T STOP LEARNING. We are never too wise to learn.

Shared as received!!

The Friday meeting between the federal government and labour unions ended without an agreement.

The meeting was organised to prevent the planned January 8 protest by labour unions.

The planned protest by the labour unions is to demand that President Muhammadu Buhari submit a bill to the parliament for the implementation of N30,000 minimum wage for workers.

While addressing journalists at the end of the Friday meeting, the President of the Nigeria Labour Congress, Ayuba Wabba, said the meeting has been adjourned till 5 p.m. on Monday.

”We are still discussing and will continue on Monday. We need to make further consultations before the issues are concluded,” he said.

In his reaction, the labour minister, Chris Ngige, who led the government delegation, said the government has made progress with the workers.

The meeting, which started at 12:50 p.m., went on recess at 3:20 p.m. and reconvened 4:28 p.m.

The meeting went on break because President Buhari summoned Mr Ngige, the finance minister, Zainab Ahmed, and the budget minister, Udoma Udoma, for an emergency meeting at the Presidential Villa, Abuja.

The Nigerian Labour Congress (NLC) has been at loggerheads with the federal government over a new minimum wage.

The NLC and other labour unions demand that the national minimum wage be increased to N30,000 from the current N18,000.

FAAC Shares N812.76bn To FG, States, LGs
Thu, 20 Dec 2018
The federal government, states and local governments have shared N812.76 billion as revenue for the month of November. The permanent secretary, Ministry of Finance, Mr Mahmoud Isa-Dutse said this yesterday in Abuja, while briefing journalists on the outcome of the Federal Account Allocation Committee (FAAC) meeting. Giving a breakdown of the revenue accrued in November, []The post FAAC Shares N812.76bn To FG, States, LGs

Abuja The federal, states and local governments Wednesday shared a total of N788.139 billion for the month of October as the Federation Account Allocation Committee (FAAC) meeting ended in Kaduna. The N788.139 billion shared is higher than the N698.710 billion shared the previous month (September)

Teachers are great!

Expect these on Monday as school resumes lol.

ChyChy17:
Pls confirm first before peddling false info. No fed worker has been paid I can assure you. Or can you tell us the parastatals? Before sallah? Ahhh....SMH

Nsitf, immigration,NPA, Road safety.

All federal agencies has paid workers salaries on or before 21st of August 2018. Am saying this emphatically because i have friends, relatives that works in various agencies, according to reliable sources since inception of PMB administration workers salaries and welfare is being given adequate attention.

The hope of Nigerian workers getting a new minimum wage this year brightened last weekend as indications emerged that the Minimum Wage Committee may round off its deliberations on August 21.
Addressing workers in Uyo, Akwa Ibom State, at the closing ceremony of the 16th Nigeria Labour Congress (NLC) Rain School, the NLC President, Ayuba Wabba, said all the tripartite members of the committee have agreed that the discussion should end on August 21.
According to the NLC President, the report would be dispatched immediately to the presidency for signature and subsequently to the National Assembly for accelerated hearing.
“Between now and August 21, our committee is expected to meet once or twice before then to put everything in proper perspective. But there is a clear understanding that every deliberation must end on the 21st of this month,” he said.

Latest report as retired civil servants in Rivers State have taken to the streets of Port Harcourt to protest unpaid three years gratuity and pension owed them.
Meanwhile the protesters had placards with inscriptions like; “If you are Mr Project, Know that Retired civic servants are major project”, “Mr Project Pay us our Pension because our people are homeless and our children are out of school”, “We are dying.”
The protesters, who were chanting anti government songs, demanded for the payment of their three years gratuity and pension, just as they asked for the removal of contributory pension law.
The leader of the protesters, Lucky Atti, at the office of the Rivers State Head of Service demanded the abrogation of the Contributory Pension Law, which he claimed was the cause of the hardship of pensioners.
Atti said majority of pensioners had been suffering from different forms of terminal ailment in the past three years.
“It is not a curse to be a retired civil servant in Rivers State. It not a crime. Many of us have served for as much as 33years and here we are with nothing.
“We can no longer fend for our families. The Governor should do something about this before we all die of hunger and sicknesses.
“We have written to Governor Nyesom Wike on several occasions. We have even met with stakeholders, including the religious leaders, to help us talk to him but all to no avail. We have been on this for the past 3years,” he said.
Addressing the pensioners, Rivers State Head of Service, Rufus Godwins blamed the past administration of former Governor Rotimi Amaechi for the backlog of pension allowances.
According to Godwins, “These allowances are owed by the past administration. The past administration did not remit the deduction of pensions to the pensioners’ agents. But I will take your case to the Governor”.
http://mynationnews.com/2018/08/09/governor-wike-in-big-trouble-as-retirees-storm-the-street-in-heavy-protest-photos/

Buhari you are my man and I stand with you.

I STAND WITH BUHARI.

Attention seeker.

The disagreements between the NNPC and the Federation Account Allocation Committee (FAAC) will soon be a thing of the past as President Muhammadu Buhari has ordered the review of revenue reporting template.

The Minister of Finance, Mrs Kemi Adeosun conveyed the President’s directive on Friday while giving a breakdown on how N821.9 billion revenue generated in June was shared among the three tiers of government.

“As you are aware, in the last couple of FAAC meetings, the accounts presented by NNPC were not acceptable by the states and so, Mr President asked to be briefed on the issue.

“Based on that briefing, Mr President asked for further information to be provided by both the Ministry of Finance and the NNPC.

“Last Thursday, he held a meeting with me, the Chief of Staff, the Minister of State for Petroleum and the NNPC team.

“Mr President gave some certain directives; one which relates to FAAC is the need to revise the template.

“It was ascertained that the reporting template between the NNPC and FAAC was not providing the right level of assurance around the figures.

“It is for this reason that he has directed that a new template be generated jointly between the Ministry of Finance, the office of the Accountant-General, NNPC and RMAFC,” she said

Adeosun said Buhari also directed that henceforth, before FAAC meetings, a team from the Ministry of Finance and the NNPC should go through the figures and agree before presenting it to FAAC members.

Giving a breakdown of the allocation for the month of June, Adeosun said that after deductions for cost of collections, the Federal Government received N283.54 billion.

Adeosun said in accordance with the revenue sharing formula, the 36 states governments received N143.81 billion, while the Local Government Councils received an allocation of N110.87 billion.

In addition, she announced that N37.4 billion representing 13 per cent of the mineral revenue generated in the month of June was also shared among the oil producing states.

To this end, Adeosun said the nation generated N393.17 billion as mineral revenue and N294.17 billion as non-mineral revenue in February.

She said that in the spirit of saving for a rainy day, N100 billion was transfered to the Excess Crude Account, making the balance 2.27 billion dollars.

Meanwhile, the Chairman, Commissioners of Finance Forum, Mr Mahmoud Yunusa, said the state governments agreed with the decision of President Buhari to review the revenue reporting template of the NNPC.

He said that the Committee will closely monitor the development, to ensure that it achieves the desired effect.

Earlier, the Institute of Chartered Accountants of Nigeria (ICAN) introduced the Accountability Index to the representatives of Federal, States and Local Government authorities.

The ICAN President, Mr Razaq Jaiyeola told FAAC members that the Accountability Index was an initiative of the Institute to ensure prudent management of public funds by the three tiers of government.

He said that the index will focus on policy based fiscal forecasting and budget, scrutiny and audit, budget credibility and management of assets and debts.

In summary, Jaiyeola said that the initiative will improve quality of governance in the country and tackle corruption in the public sector.

Nigeria Union of Teachers
The Nigerian Union of Teachers (NUT) has hinted of its resolve to use members votes against governors that have failed to accord priority to teachers’.

Specifically, the Union noted that the forth coming 2019 election is going to be payback time especially for governors who were owning teachers and other workers and were seeking reelection.

NUT President, Comrade Micheal Olukoya, made the Union’s position known recently.

Speaking during an interview yesterday, Olukoya stated that the teachers were all waiting patiently to head to the election booth and exercise their revenge with their votes.

The NUT President had lamented on the situation in the nation where education was not given the priority it deserved and wondered how teachers who are being owed for months can give in their best in the classroom.

“All states that are owing workers or teachers the time for revenge and pay back is fast approaching. For the governors that are owning teachers or workers, if they don’t want to incur the wrath of teachers or workers, they better pay up now because this is a payback time as we approach, 2019,” he said.

Olukoya therefore urged to the states who are still owning their workers especially the teachers to pay up so as to encourage the them to teach the children which will in turn benefit the state as education is the bedrock of any society.

As at six months ago during the union’s 2018 annual gathering, it revealed that 13 states have not paid their teachers, some for as long as 28 months.

Though the numbers have reduced, it is believed that many teachers are still in the classroom, slaving in the class room not knowing when their salaries will be paid.

Other demands the union had made were the opposition of transfer of the funding and management of primary education to local government councils, need for upward review of teachers retirement age, activities of ASUSS and non remittance of check off dues to NUT and non-payment of pensions and gratuity to retired teachers.

The Federal Government has disbursed N668.898 billion to the three tiers of government for the month of May, despite the impasse in the Federation Accounts Allocation Committee (FAAC).

Director of Information at the Federal Ministry of Finance, Hassan Dodo, revealed this in a statement on Friday in Abuja.

He explained that the sharing of revenues for May, which was meant to be distributed in June, was put on hold because of the disagreement on remittances by the revenue generating agencies, especially the Nigerian National Petroleum Corporation (NNPC).

Dodo added that the money was distributed due to the urgent need to cushion the undue hardships being experienced by workers nationwide.

He, however, said the government was intensifying efforts to address the unsatisfactory remittances.

According to the director, the N668.898 billion is made up of the statutory distributable sum of N575.475 billion and N93.423 billion from the Value Added Tax (VAT).

He said, “The total revenue realised for the month, was shared in line with the extant formula as follows: Federal Government – N282.223 billion; State Governments – N181.167 billion; and Local Government Councils – N136.490 billion.

“The Oil Producing States received N53.071 billion as 13 per cent derivation. The sum of N15.947 billion was paid to the revenue generating agencies as costs of collections.”

Dodo revealed that the statutory revenue of N575.475 billion received for the month of May was lower than the N613.057 billion received for April by a total of N37.582 billion.

He noted that from the total statutory revenue of N575.475 billion, the Federal Government was given N268.770 billion, the states – N136.324 billion, Local Government Areas – N105.100 billion, the oil-producing states – N53.071 billion, while the revenue generating agencies received N12.210 billion as costs of collections.

“For the month of May 2018, the total revenue of N93.423 billion from the Value Added Tax (VAT) was N5.458 billion higher than the N87.965 billion distributed in April 2018.

“From the total of N93.423 billion, the Federal Government received N13.453 billion; the states received N44.843 billion; the Local Government Councils received N31.390 billion, while N3.737 billion was received by the revenue collecting agencies,” the director said.

The monthly FAAC meeting held in June had ended in a stalemate as a result of the disagreement on remittances by the revenue generating agencies.

The controversy continued as the Nigeria Governors’ Forum (NGF) faulted the remittances from the NNPC, saying they were inaccurate.

Briefing reporters after the governors met on Wednesday in Abuja, NGF Chairman and Zamfara State Governor, Abdul’Aziz Yari, queried the amount the NNPC claimed to have used for the payment of petroleum subsidies.

He said the governors resolved that until the agency corrects the discrepancies in the amount remitted to the Federation Account, the states would not share the money.

The disagreement between the Nigerian National Petroleum Corporation and the Federation Account Allocation Committee over the alleged underpayment of N20bn by the NNPC to the Federation Account has been brought to the table of the Vice President, Prof. Yemi Osinbajo.

It was gathered on Sunday that the matter would be resolved by Osinbajo, as both parties had failed to reach a common ground on the issue since last Wednesday.

Senior officials of the national oil firm told our correspondent in Abuja that the Vice President, who is the Chairman of the National Economic Council, had to intervene in the matter in order to douse the tension between FAAC and the NNPC.

Sunday PUNCH had reported that the disagreement between FAAC and the NNPC took a different dimension on Saturday as the committee accused the corporation of deliberately under remitting oil revenue into the Federation Account.

The Chairman, Forum of Commissioners of Finance of FAAC, Mahmoud Yunusa, argued that the NNPC had not been transparent with the 36 states of the federation in the management of its operations, stressing that while the oil firm claimed on Wednesday to have remitted N147bn into the Federation Account, what was actually received was N127bn.

GOVERNOR Ifeanyi Ugwuanyi of Enugu State said his administration has paid June salaries of workers without receiving the federal allocation.

Ugwuanyi added that despite the fact that he assumed office at the time the country’s economy was
in severe recession, his administration has been regular in payment of workers’ salaries, even when 27 states could not pay.

Speaking on Saturday, during an endorsement rally for his re-election in 2019 by the people of the
Opi N’Ato Kingdom in Opi, Nsukka Local Government Area, Ugwuanyi attributed the successes recorded by his administration, in spite of the nation’s economic challenges, to God’s grace
and the state government’scommitment to the wellbeing of the people.

The monthly meeting of Federation Account Allocation Committee (FAAC) on Wednesday, where June allocations was to be shared among the federal, states and local governments, ended in deadlock.
Ugwuanyi, who was overwhelmed by the large turnout of people at the rally, reassured the people that
his administration will continue to cater for the people and initiate programmes that would address their needs, saying: “Since we handed Enugu State into the hands of God, we can see His hands in all we do.”

The governor thanked the people for their support, solidarity and en

At the moment, crude production stands at about 1.2 million barrels per day.

Nigeria’s bonny light, which is in high demand by cruder buyers sells for more than 70 dollars.

So, it appears easy to immediately figure out how much crude NNPC sells and total revenue realized.

But then it appeared that if this was to be calculated, taking into account expected cost of production and other factors such as the crude swap arrangements, it still wouldn’t add up to the amount NNPC was supposed to remit to FAAC.

It was based on this that the FAAC rejected NNPC’s remittance for the month of June.

The Minister of Finance, Kemi Adeosun did not give specific details on how much exactly NNPC remitted and the amount that the FAAC had expected.

But NNPC is arguing that there are unforeseen expenditures that the corporation incurred that led to the reduction of amount remitted.

The FAAC is however, not buying that argument, with Adeosun being quoted as saying that ‘the corporation’s costs were not justifiable” and therefore couldn’t be approved.

The wait continues as all the parties concerned continue to engage on Friday.

But as this lingers, the people to pay the price for the delay would be civil servants, whose salaries for the month of June.

Government workers in Nigeria may have to wait a little longer to earn their pay for the month of June.

This is because a quarrel has broken out between the Federation Account Allocation Committee, FAAC and the NNPC over the available funds to be shared by the three tiers of government.

So, it all started on Thursday, when Nigeria’s state governors gathered to share the national cake in Abuja.

As it turned out, the cake couldn’t be shared because it wasn’t enough to go around.

The Federation Account Allocation Committee, FAAC, backed by the National Economic Council, NEC rejected the amount of money (cake) made available for sharing.

So, what exactly is the bone of contention? We’ll try to explain.

The FAAC suspects fraud with the NNPC remittance. The Nigeria National Petroleum Corporation, NNPC’s remittance to the federation account is based on the quantity of crude oil sold at international oil market.