Economy

FG, States, LG share N8.15trn in 2019 – NEITI

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The Nigeria Extractive Industries Transparency Initiative (NEITI) said the Federal, States, Local Governments and other statutory recipients by the Federation Accounts and Allocation Committee (FAAC) shared N8.15 trillion  in 2019.


NEITI disclosed this on it quarterly report released in Abuja, on Thursday.

It said the figure is N377billion or 4.42 per cent lower than the 2018 figure of N8.524 trillion, but N1.728 trillion or 26.92 per cent higher than the total disbursements of N6.419 trillion made in 2017.

Out of this amount, it said the Federal Government received N3.37 trillion, representing 41.4 per cent of total disbursements; the 36 states got N2.761 trillion (33.9%) while the 774 local governments shared N1.649 trillion (20.2%) of the total disbursements.

The publication which examined FAAC Disbursements to the Federal, States and Local governments in 2019, compared the disbursements of the previous years and made projections for the year 2020.

It noted that in line with the revenue sharing formula, the FG received the highest disbursements from FAAC while local governments got the lowest.

It further disclosed that revenue shared to the three tiers of government in the two previous years 2018 and 2017 followed the same pattern.

“For 2018, total disbursements to FG, states, and local governments were N3.483 trillion, N2.850 trillion, and N1.667 trillion, respectively.

“For 2017, disbursements were N2.563 trillion to FG, N1.859 trillion to states, and N1.502 trillion to local governments,” it said.

A comparative analysis of the disbursements made by FAAC to the federation in 2019 as against the sharing in the two previous years of 2017 and 2018 shows that the total disbursements to the Federal Government in 2019 were 3.08 per cent.

This, it said was lower than the disbursements in 2018, but 31.69 per cent higher than those in 2017.

Also, while the disbursements to the states in 2019 were 3.12 per cent lower than those in 2018, they were 48.54 per cent higher than those in 2017.

It noted that the scenario was the same for the local governments in 2019, as their disbursements were 1.08 per cent lower than those in 2018, but 9.75 per cent %l higher than what was recorded in 2017.

The NEITI Quarterly Review compared total FAAC disbursements between 2013 and 2019 and revealed that the total disbursements fell in three consecutive years from 2013 to 2016 and increased until 2018.

However, the report revealed that increase in total disbursements stopped in 2019, as there was a decrease in 2019 over 2018 figures.

The Report further disclosed that over the seven-year period (2013 – 2019), 2013 recorded the highest disbursements of N9.742 trillion, followed by 2014 (N8.595trillion).

” 2018 came third with N8.524 trillion while 2019 had the fourth highest disbursements of N8.147 trillion.

“During the same period (2013-2019), 2019 witnessed the lowest percentage decline in disbursements (-4.42%) while 2018 had the highest percentage increase of 32.8 per cent,” it added.

The report identified a general rising trend in FAAC disbursements from the beginning of the year till about August 2019 when disbursements either fell slightly or remained relatively stable.

These figures, the report noted, “highlighted the volatile nature of government revenue in Nigeria owing to high fluctuations in oil prices.

It added that central feature of these figures was that disbursements were higher in the second half of 2019 than the first half,” it said.

It also disaggregated disbursements to the various tiers of government.

The figures presented in the review show a wide disparity between net disbursements received by states.

According to the report, Osun and Cross River states have the lowest allocation of N24.14billion and N36.22Billion.

It noted that Delta State received the highest disbursement of N218.58 billion.

“Put differently, if we assume that the net disbursements received by both states were fairly constant, then, the amount received by Delta State in 2019 alone can be used to cover disbursements to Osun State in nine years”, the Report further explained.

it further stated that three states received less than N40 billion, nine states received between 40 billion and 49billion while fourteen states received between 50billion and 59billion respectively.

” Four states: Borno, Katsina, Edo and Kaduna got between 60 and 69billion and Kano State with N82.34 billion.

” Four states of the Niger Delta Region plus Lagos were among the big league of states that received over N100 billion from FAAC allocations.

“This is “Owed largely to the effects of 13 per cent derivation, ” it said.

The NEITI publication also highlighted other important aspects of the FAAC disbursements during the period under review.

These include significant increases in net disbursements to states between 2017 and 2018, in which Ebonyi State recorded the lowest percentage increase in net disbursements in 2017 while the highest percentage increase occurred in Osun State with 118.8 per cent increase in 2018.

For most states (28 of them), it said that the percentage increase of the 2018 disbursements over the 2017 allocations were between 30 and 49 per cent.

On the deductions from states’ allocations, the NEITI Quarterly revealed that Yobe State had the lowest deductions of N2.16 billion while Lagos State had the highest deductions of N44.45 billion.

According to that Report,It is striking that the two states with the lowest net disbursements (Osun and Cross River) has the highest deductions (N27.19 billion and N18.55 billion respectively) after Lagos State.

“However, deductions for most states (22 of them) were below N10 billion,” It added.

Edited By: Sadiya Hamza

https://nnn.ng/fg-states-lg-share-n8-15trn-in-2019-neiti/

Foreign

Nigeria High Commission in Canada reopens after six-month closure

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The Nigerian High Commission in Canada says it will resume in-person immigration and consular services on Thursday.


This is coming six months after it shut its doors in compliance with the host country’s guidelines for the prevention of the spread of the novel coronavirus.

The reopening of the commission is contained in a statement, which indicates a number of rules that applicants must comply with to access the services.

However, it has been issuing Emergency Travel Certificates (ETC) and visas to applicants needing urgent travels, via email since then. 

One of the guidelines required applicants to apply online and request for interview appointment through email.

“Everyone coming to the chancery has to come in with face masks/covering and sanitise their hands.

“You are also required to practice social distancing. These are public health measures put in place to limit the spread of COVID-19,” it stated.

Warning against gate crashing, which is common at Nigerian missions abroad, the High Commission said only those with printed interview invitations would be attended to.

Canadian authorities are expanding restrictions on gatherings amid a surge in COVID-19 cases to unprecedented levels in the country since May.

According to its Public Health Agency, the North American country has reported a daily average of close to 1,000 infections within the last seven days.

Tally by John Hopkins University puts the country’s caseload at 148,411, including 9,283 deaths.

Edited By: Dianabasi Effiong/Emmanuel Yashim
Source: NAN

https://nnn.ng/nigeria-high-commission-in-canada-reopens-after-six-month-closure/
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Features

President Buhari’s UNGA75 National Statement

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STATEMENT DELIVERED

 

BY

 

HIS EXCELLENCY, MUHAMMADU BUHARI

PRESIDENT OF THE FEDERAL REPUBLIC

OF NIGERIA

 

 

AT

     

THE GENERAL DEBATE OF THE       75TH SESSION OF THE UNITED NATIONS GENERAL ASSEMBLY

 

 

 

22ND SEPTEMBER 2020

 

Ø Mr. President,

Ø Heads of State and Government,

Ø Secretary-General,

Ø Distinguished Delegates,

Ø Ladies and Gentlemen,

 

Let me on behalf of the Government and good people of Nigeria, congratulate you on your well-deserved election as President of the 75th Session of the United Nations General Assembly (UNGA). I would like to assure you of Nigeria’s readiness to avail the United Nations all necessary cooperation needed for the fulfillment of your mandate.

 

2.      I wish to also thank the General Assembly for the support accorded His Excellency, Tijjani Muhammad-Bande during his tenure as President of the 74th Session of the General Assembly.

 

3.      We acknowledge the accomplishments of the Assembly under his able leadership, particularly his efforts on attacking global poverty through the Global Coalition on Poverty Eradication.

 

4.      We also commend the tremendous efforts of His Excellency, Antonio Guterres, Secretary-General of the United Nations, in steering the affairs of the organization during this challenging period of the Coronavirus pandemic, as well as his strong commitment to making the UN more efficient and responsive in its international responsibility.

Your Excellencies, Distinguished Delegates,

5.      It is my privilege to use this opportunity to congratulate Member States on the 75th Anniversary of the United Nations. Over the past seven decades, the United Nations, as the People’s Assembly, has helped to stabilize the global community.

6.      In addition to international peace and security, the UN has undertaken programmes on poverty eradication, women’s empowerment, youth development and humanitarian emergencies.

7.      The theme of this year’s General Assembly – “The Future We Want, The United Nations We Need: Reaffirming Our Collective Commitment To Multilateralism – Confronting Coronavirus Through Effective Multilateral Action”, is indeed most appropriate and timely, as it captures our common desire for a renewed and revitalized organization in need of multilateral approaches to the many challenges facing the world.

 

THE FUTURE WE WANT

8.      As we reflect on the future we want and the United Nations we need, we must realize that the peoples of the world not only look up to us: they count on us. If the United Nations system cannot mobilize the world to marshal out a truly effective and inclusive response to the Coronavirus pandemic, then the United Nations would have failed in its core mission of giving expression, direction and solution to the yearnings of the international community.

Excellencies,

9.      The future we want must guarantee human rights, human dignity, human prospects and prosperity. The principles of “Leaving No One Behind and Doing No Harm” must be expressed through accountability, strategic growth initiatives and elimination of threats of all kinds.

10.  In our quest to provide a future of hope and prosperity for Nigerians, our administration has embarked on measures to ensure enhanced national resilience. We intend to achieve this through the implementation of the Economic Sustainability Plan and the Medium Term National Development Plans for the period 2020-2025 and 2026-2030. We expect that these ambitious initiatives will deliver sustainable economic growth and development to Nigeria.

THE UNITED NATIONS WE NEED

11. Predicated on the values that inspired its creation, the United Nations we need has to remain an agent of progress, by giving expression to the tenets of multilateralism, solidarity and international cooperation. It is within the context of this rules-based multilateral order that the world can find solutions to its many problems.

CONFRONTING COVID-19 THROUGH EFFECTIVE MULTILATERAL  ACTIONS

12.    The world is currently in the grips of the Coronavirus pandemic. Regrettably, our communities and countries are losing lives. The Coronavirus pandemic has devastated the world economy and strained the capabilities of the health system of many countries, including our own country.

13.    In the aftermath of Coronavirus outbreak in Nigeria, we prioritized vulnerable groups, including women, children, older persons and the unemployed, in our efforts to provide medical and social assistance to cushion the socio-economic effects of the disease.

14.    Accordingly, we have expanded our National Social Register, to include an additional 1 million Nigerians. Our National Social Investment Programme (NSIP) has been the vehicle for reaching out to the poor and vulnerable members of the Nigerian population, as well as providing cover for over 22 million households.

15.    I use this opportunity to commend the efforts of the United Nations and the World Health Organization in combating the Coronavirus pandemic.

16.    I note, with appreciation, the $2 Billion United States Dollars Global Humanitarian Response Plan launched by the UN Secretary-General to fund the Coronavirus response in the poorest countries of the world.

17.    I also commend his call for cease-fire in conflict areas, to enable humanitarian assistance reach groups vulnerable to Coronavirus .

Excellencies,

18.    I should also state that Nigeria is committed to working with other Member States in the spirit of global cooperation and solidarity to promote human health and general well-being. Nigeria will continue to partner with the WHO and some countries to ensure accelerated development and manufacturing, as well as uninhibited supply of safe and effective Coronavirus vaccines to all.

POVERTY ERADICATION

19.    In order to mitigate its impact on Nigerians, our administration has commenced the disbursement of the sum of N10.9 Billion to households and Micro, Small and Medium Enterprises as palliatives.

20.    In addition, we have established a five hundred billion (N500 billion) fiscal stimulus package and sustained delivery of humanitarian and social interventions to poor and vulnerable households, while our Central Bank has launched a N3.5 trillion-stimulus package to boost manufacturing and facilitate import substitution.

21. The international community will need to cooperate in addressing the scourge of poverty, particularly in developing countries. It is in this regard, that we commend the President of the 74th General Assembly for launching an Alliance for Poverty Eradication in June.

 

22.    We encourage global leaders, particularly leaders from the global North, to support the Alliance at this time when the COVID-19 pandemic is reversing gains made in the achievement of the 2030 Sustainable Development Goals and is pushing an additional half a billion people into extreme poverty.

SUSTAINABLE GROWTH AND DEVELOPMENT

Mr. President,  

23.    As we mark the beginning of the UN Decade of Action for the implementation of the Sustainable Development Goals, Nigeria has made significant strides in domesticating the SDGs.

24.    There is an ongoing re-alignment of the National Statistical System (NSS) with the requirements and indicators of the SDGs. This is expected to ensure effective tracking and monitoring of the SDGs and guide SDG interventions across the country.

25.    Nigeria has also developed its home-grown Integrated Sustainable Development Goals model (iSDG Model) – an analytical framework for assessing how policy-making can better address the indivisible nature of the SDGs.

 

DISARMAMENT, INTERNATIONAL PEACE AND SECURITY

Excellencies,

26.  Nigeria remains deeply concerned over the illicit trade, transfer, and circulation of small arms and light weapons, particularly on the continent of Africa.

27.    We urge the international community to renew efforts to stem this traffic and promote the Arms Trade Treaty in order to codify accountability in the on-going battle against trans-border crimes, including terrorism and acts of piracy.

 

TERRORISM

Excellencies,

28. The litany of sophisticated terrorist attacks across the globe is a harsh reality of the challenges the world is facing today. We must therefore redouble our efforts to ensure collective security.

29.    In Nigeria, we are still facing violent extremism from the insurgency of Boko Haram and bandits. We continue to count on our strong cooperation with UN Counter-Terrorism bodies and neighbouring countries to overcome the terrorists in the Lake Chad Basin and the wider Sahel Region.

30. We will vigorously sustain the rehabilitation, reconstruction and resettlement of victims of terrorism and insurgency in the North-East. The North-East Development Commission has been established for that purpose.

NUCLEAR DISARMAMENT

Mr. President,

31.    Nigeria is committed to universal nuclear non-proliferation. In this connection, we recall the adoption of the landmark Treaty on The Prohibition of Nuclear Weapons, which opened for signature on 20 September 2017. Nigeria participated actively in the processes leading to its adoption and was an early signatory and ratifier.

32.    With less than ten ratifications needed for the TPNW’s entry into force, we urge other member states who have not done so to quickly ratify the Treaty for the actualization of its important objective.

 

CLIMATE CHANGE

Excellencies,

 

33.    Climate Change is an environmental crisis which requires urgent action. Our Administration is conscious of the fact that the attainment of national development targets would be greatly impeded unless the consequences of climate change are addressed holistically in line with the Paris Agreement.

 

34.    To this end, Nigeria has intensified climate action through the upward review of reduction in greenhouse gas emission under the Nationally Determined Contributions, which are climate change targets under the Paris Agreement.

 

35.    Nigeria remains steadfast in our commitment to the revitalization of Lake Chad. We are convinced that recharging the Lake will improve the living conditions of our people in the area, promote inter-state cooperation, strengthen community resilience, and assist in addressing environmental and security challenges threatening the region and its resources.

 

36.    Let me, therefore, reiterate the call for international support for the sub-regional efforts to raise the $50 billion USD required to actualize this initiative.

 

MIGRATION

Excellencies,

37.    Nigeria experiences high internal and external migration due to the size of its population, economic situation and climate. We are therefore fully committed to migration management and prevention of irregular migration and human trafficking.

38.    I enjoin the international community to also communicate the positive contributions of migrants, particularly in countries of destination, in order to combat racial discrimination and xenophobic attacks, and facilitate the social integration and protection of migrants.

 

ILLICIT FINANCIAL FLOWS

Mr. President,

39.    The global aspiration to recover from the impact of the Coronavirus pandemic will not be fully met without addressing existing structures that make it more difficult for countries to generate and retain their financial resources.

 

40.    It is in this regard that I thank the immediate past Presidents of the General Assembly and the Economic and Social Council, Ambassador Tijjani Muhammad-Bande and Ambassador Mona Jul, respectively, for jointly launching the High-Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda.

HUMAN RIGHTS

Mr. President,

41.    In the area of human rights, Nigeria has passed a number of human rights-related bills into law. The bills include: the Anti-Torture Act, the Comprehensive Treatment and Care for Victims of Gun-Shot Act, as well as the National Senior Citizens Centre Act. In addition, Nigeria has launched a National Action Plan for Preventing and Countering Violent Extremism.

42.    This measure is designed to strengthen institutions, coordinate the prevention of violent extremism, enhance the rule of law, access to justice and human rights as well as engaging communities and building resilience and integrated strategic communication.

WOMEN PARITY

Mr. President,

43.    The United Nations has made progress in advancing gender equality and women’s empowerment through initiatives such as the Beijing Declaration and Programme of Action and the Convention on the Elimination of All Forms of Discrimination Against Women. The creation of the United Nations Entity for Gender Equality and Empowerment of Women (UN-Women), in July 2010, was an important milestone.

44.    Nigeria acknowledges the importance of gender equality and recognizes the critical role that women play in development. We also recognize that the achievement of the Sustainable Development Goals and other internationally-agreed Development Agenda depend largely on the empowerment of women. Nigeria will sustain its affirmative stance through women empowerment initiatives.

QUALITY EDUCATION

Mr. President,

45.    Quality education for all is the cornerstone of sustainable development.

46.    In this connection, I am happy to announce that the Government of the Federal Republic of Nigeria will be hosting the        4th International Conference on Safe Schools in 2021.

47.    I invite you all to Nigeria to participate in the Conference which aims to advocate for the protection of education from attack as we work together towards the future we want.

UNITED NATIONS REFORM

 

Mr. President,

48.    As we urge and strive for inclusion within our societies, we must also ensure inclusion prevails in our collective action as members of the International Community. Nigeria supports the expansion of the UN Security Council to reflect the diversity and dynamics of the 21st Century. Africa deserves permanent seats in the United Nations Security Council.

CONCLUSION

Mr. President

49.    I will conclude by reaffirming Nigeria’s commitment to promoting international peace and security and sustainable development, as well as strengthening partnerships and cooperation with international and regional organisations.

          I thank you.

https://nnn.ng/president-buharis-unga75-national-statement/

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General news

Olowu condoles with COAS, says Col. Bako’s death a national tragedy

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Oba Adekunle Oyelude, the Olowu of Kuta in Ayedire Local Government area of Osun, has described the death of Col. Dahiru Bako as a national tragedy.


The News Agency of Nigeria reports that Bako, one of the Commanders of Operation LAFIYA DOLE of the Nigerian Army in Borno State, was killed on Sunday by Boko Haram during an ambush.

The Olowu, in a statement on Tuesday, said he received the news with shock and deep sorrow.

The monarch, therefore, condoled with the Chief of Army Staff (COAS), Lt.- Gen. Tukur Buratai, and the entire Nigerian Army on the loss.

He stated: “The fact that the Colonel was said to have died in an ambush called for concern because an ambush suggested that the enemy knew of the movement by the officers and men.”

Oyelude prayed for the repose of the soul of the dead and called on Borno elders and Nigerians in general to actively support the efforts of the military in order to put an end to insurgency

According to the monarch, enough is enough.

The Olowu Kuta suggested the use of locals for credible intelligence, adding that anyone caught spying on troops should be treated like mutineers.

Edited By: Dianabasi Effiong/Wale Ojetimi
Source: NAN

https://nnn.ng/olowu-condoles-with-coas-says-col-bakos-death-a-national-tragedy/
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Politics

Sanwo-Olu charges cabinet, officials to brace up for optimum performance

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Gov. Babajide Sanwo-Olu on Tuesday charged members of his cabinet and Lagos State Government officials to brace up for optimum performance.


Sanwo-Olu gave the charge during the closing of the two-day Ministerial Performance Review Retreat organised by the executive arm of the Lagos State Government.

He urged them to deploy their physical and mental resources to bringing the administration’s development vision to reality.

According to him, Lagos possesses all that is required to attain Dubai development model.

He then urged the drivers of his administration’s vision of Greater Lagos to be articulate and purposeful in the discharge of the tasks assigned to them.

Sanwo-Olu commended the cabinet members and heads of the state government’s agencies for the progress recorded in the last one year.

He, however, said that people’s expectations of the administration’s efforts were more than what had been achieved so far, hence, the need to brace for more work.

The governor urged the cabinet members and executives of the parastatals to deploy more resourcefulness to the implementation of policies and programmes designed to transform the lives of the residents and the state’s economy.

”There are many takeaways from this two-day retreat which must energise us further to deliver on our goals and promises to the people.

”But, one key thing we must take away from this exercise is the fact that we have sustained our attempts to transform Lagos and these efforts are being acknowledged by those who understand what development is all about.

”We have many great actions and ideas we have implemented, which probably have not been properly communicated. Now we need to be smarter, more organised and articulate in the way we go about our programmes, so that our efforts can be more visible.

”The Ministry of Information and Strategy and everyone that has strength in communication should begin to magnify these efforts and show the world how Lagos is changing,” he said.

The governor said that in spite the slow pace of socio-economic activities across all sectors, which was occasioned by the COVID-19 pandemic, his administration would not give excuses to residents.

According to him, the virus would not derail his government’s development agenda.

Sanwo-Olu charged all commissioners and special advisers to work together and exchange information for better service delivery.

“We need to work together and share information with one another. This way, we articulate our successes and progress better,” he said.

Edited By: Wale Ojetimi
Source: NAN

https://nnn.ng/sanwo-olu-charges-cabinet-officials-to-brace-up-for-optimum-performance/
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