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July 17, 2024 Federal Government, States and Local Governments Share N1.3Trn from FAAC

Federal Government, States and Local Governments Share N1.3Trn from FAAC

the Federation Account Allocation Committee (FAAC) has shared a total of 1.354 trillionnaira to the three tiers of government.

A communiqué at the end of its meeting in Abuja indicated that the funds came from the Federation revenue earned in June.

The distributable revenue comprised statutory revenue of 142.5 billion naira, distributable Value Added Tax (VAT) revenue of 523.973 billion naira, Electronic Money Transfer Levy (EMTL) revenue of 15.692 billion naira, Exchange Difference revenue of 472.192 billion naira and Augmentation of 200.000 billion naira.

Total revenue of 2.483 trillion naira was available in the month of June 2024. Total deduction for cost of collection was 92.112 billion naira while total transfers, interventions and refunds was to 1,037.407 billion naira.

Gross statutory revenue of 1.432 trillion naira was received for the month of June 2024. This was higher than the sum of 1.223 trillion naira received in month of May 2024 by 208.773 billion naira.

July 15, 2024 GEJ Tasks NDDC and Ministry of Niger Delta to Complete Abandoned Projects in the Region

GEJ Tasks NDDC and Ministry of Niger Delta to Complete Abandoned Projects in the Region

Former President GOODLUCK JONATHAN has urged the Ministry of Niger Delta Development and the Niger Delta Development Commission – NDDC to prioritize the completion of abandoned projects in the region.

He also encouraged state governments within the Niger Delta to collaborate closely with the NDDC, so as to foster efficient synergy to achieve legacy goals.

Speaking at the Niger Delta Stakeholders Forum 2024 in Port Harcourt, Rivers State, the former President commended the Minister and the NDDC board and its management for their effective performance so far and advised them to complete all abandoned projects.

July 12, 2024 Governor Umo Eno In Switzerland to Inspect Ibom Air Acquisitions

Governor Umo Eno In Switzerland to Inspect Ibom Air Acquisitions

The Governor of Akwa Ibom State, Pastor UMO ENO has visited the Samco Aviation Maintenance Facility in Maastricht, Netherlands, to inspect the new Airbus A220-300 series aircraft acquired by IbomAir.

This new acquisition from Carlyle Aviation aims to enhance IbomAir’s operations, as they await the delivery of planes previously ordered from Airbus.

According to Captain MFON UDOM, CEO of IbomAir, this addition is crucial to meet the growing demand from passengers who have made IbomAir their airline of choice.

Governor ENO on the trip also met with top Airbus executives to discuss the delivery timelines for the remaining aircraft ordered by IbomAir during the 2021 Dubai Airshow.

The Airbus team commended the state government for the investment in aviation, especially the construction of the Maintenance Repair and Overhaul (MRO) facility.

July 11, 2024 Nsit Atai People In Court Over Zoning and Marginalization

Nsit Atai People In Court Over Zoning and Marginalization

, the people of Ibiakot Central Zone A in Nsit Atai local government area have dragged Political leaders of the local government to court, over political marginalization of their zone.

They allege that Ibiakot Central Zone A has been denied representation in elected offices in Nsit Atai from chairmanship to House of Assembly for 25 years  and demanded compensation of 50 million Naira for damages.

Addressing an enlarged meeting of the community held at Idiaba civic center, a Former Councilor who represented Eastern Nsit Ward 10 from 2017 to 2020, Hon VICTOR UDO ETIM said a purported zoning report of 2001 has been severally abused and violated, thus invalidating the document.

He maintained that Nsit Atai Zoning actually started in 1999 when the late Engr. ATAUYO EKWERE from Ibiaikot Zone A was robbed of PDP chairmanship ticket, adding that the Zone resisted the attempt by Late General EDET AKPAN to monopolize Nsit Atai by trying to have House Assembly member and Chairman of council from Afaha, leaving Ibiakot with nothing, hence their support for Otuekong RAPHAEL BASSEY from Ibiaikot Essien Itiaba being zone B.

Hon. ETIM explained that when zoning came back to Ibiaikot, Elder MARK ESSET from Ibiaikot Atai zone C, took turn because he was already in office as Transition Committee Chairman then, and now that chairmanship zoning has returned to Ibiaikot, it should be the turn of Zone A that has never tasted any elected office and not zone B that has had a council chairman.

Consequently, the community is seeking that the court should declare that villages that constitute Ibiakot Central Zone A be accorded all rights and privileges accorded all other villages and persons in the local government area in all aspects, including the right to hold office as Chairman and House of Assembly member in Nsit Atai Local Government Area.

They are also asking the court to declare the purported Zoning formula of Political Offices entered into on 10th October, 2001 and adopted by Defendants in Zoning Offices of the Chairman and House of Assembly in Nsit Atai Local Government Area as illegal, unconstitutional, null, void and of no effect.

Ibiakot Central Zone A also sought an order of court restraining the Defendants from considering or selecting any person from Ibiakot Essien Itiaba geopolitical Zones to contest election in to the political Offices of the Chairman of Nsit Atai Local Government Council in the forthcoming 2024 local government elections in Akwa Ibom State.

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