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Reps Urge FCCPC To Increase N15bn Revenue Target

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….As It Rejects TCN’s Submission For LackOf Coordination

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By Gloria Ikibah

The House of Representatives on Monday tasked the Federal Competition and Consumer Protection Commision FCCPC to gear up and shore up its revenue generation drive, as it said that the agency was capable of surpassing a target of N15 billion revenue annually as against the N1.2 billion it remitted to the government coffers last year.

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This was the position of the House Committee on Finance, as it dismissed the submission of the Director of Finance Transmission Company of Nigeria TCN, Mr Allen Dutse, on the expenditure of N207 billion for office maintenance and other line items expenditure by the agency in 2021.

Deputy Chairman of the House Committee Hon Adlbdullahi Seidu gave these rulings at the ongoing Medium Term Expenditure Framework and Fiscal Strategy Paper MTEF &FSP interactive session of the committee with the agencies of the Federal Government ahead of the submission of the 2023 National budget

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The Lawmaker charged the Chief Executive Officers of the agencies to bring on board their previous experiences in either private or public sectors on their new roles adding that the expenditures and remittances of Internally Generated Revenue IGR must be guided by the extant provisions of the Finance Act 2021.

On remittance of collected revenues to the Consolidated Revenue Fund CRF of the federal government, he said that the committee was worried that there were so many unapproved spendings going under the drain as repeated line items by the Ministries Departments and Agencies MDAs.

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The Lawmaker and other committee members also queried some of the invited agencies at the investigative hearing who had failed to render the annual audited accounts to the Fiscal Responsibility Commission FRC in a accordance with the provisions of the law.

While grilling the Chief Executive of the FCCPC Mr Babatunde Irukekere who is also Executive Commissioner in the agency, the lawmkers said that the agency could surpass the N15 billion target it set for the 2022 financial year as against to the N1.2 billion it remitted to the CRF in the previous financial year.

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He recalled that the Committee had earlier queried the outrageous figures in the budget sub-heads of the agency and in their IGR remittances report to the panel noting that the bills on computer purchase and other sub-heads as travel and tours was qiute huge.

Responding, the FCCPC boss said that the agency was no longer a revenue generating agency as the National Assembly had altered the agency’s enabling law from 80 to 50 percent remittance of IGR to government.

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In the same vein, the TCN Director of Finance lamented that the agency was underfunded by the government as it budgeted N130 billion and got N7 billion in 2020 and also budgeted N168 billion but got N6 billion in 2022.

The Committee Chairman and Hon.John Dyegh nonetheless faulted the agency’s submission and noted that many of the line items of the budget of the agency were severally repeated by it.

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The lawmakers also directed the Clerk to the House panel to re-invite the Managing Director of the agency to appear in person and directed the DFA to rework the revenue remittances of agency and they said the submission was not reliable and unacceptable to the Committee

They declared that the Agency lacked proper coordination as expected of an Agency of its status.

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“I Admire Your Eloquence, Calmness,” Emir Of Kano To Obi

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By Tai Agbo

The Emir of Kano Alhaji Aminu Ado Bayero has declared that he admired the eloquence, calmness, humility of the standard bearer of the Labour Party, (LP) Mr Gregory Peter Obi.

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The Monarch stated these when the presidential candidate paid him a courtesy visit in his palace on Friday.

Said he “Iadmire your eloquence, calmness, humility, respect for culture, and fear of God.”

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A statement by the spokesman of the Thirdforce Dr Yunusa iTanko added that Obi visited the revered monarch as he arrived Kano to sympathize with the Kano Flood Victims as well as Beirut Road Collapsed Building.

The Presidential Candidate of the Labour Party the statement further stressed used the occasion of the visit to brief the Emir of his desire to serve Nigeria as the next president come 2023.

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The former Anambra State Governor, who said he had been exposed to various areas of governance for years, noted that he was experienced enough to lead Nigeria.

“Though l am in the state for sympathy visit, l deem it appropriate to make the Palace my first point of call to pay you Royal Homeage and to formally infor.m of my intention to run for president in the forthcoming election.”

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Mr Peter Obi furthet explained that he was also in the Palace to sympathize with him as a Royal Father for the twinntragedy that befell the state penultimate weeks.

The Emir who nited that the country was blessed with abundant resources but wondered why there were suffering, poverty and crimes, said he believed Obi was eminently qualified for the position as he did it as Anambra State Governor wished wished Peter Obi well in the pursuit of his ambition.

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Peter Obi was in company of Kano State Gubernatorial Candidate of Labour Party Engineer Bashir Ishaq Bashir, his running mate Dr. Datti Yusuf Baba Ahmed , Dr Yunusa Tanko and State Chairman of Labour Party Mall Raji in his entourage.

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2023: Obi Visits Emir of Kano, restated his Desire to Lead Nigeria+photos

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The Presidential Candidate of the Labour Party Mr. Peter Gregory Obi on Friday visited the Emir of Kano, Alhaji Aminu Ado Bayero where he reiterated his desire to serve Nigeria.

Obi visited the revered monarch as he arrives Kano to sympathize with the Kano Flood Victims as well as Beirut Road Collapsed Building.

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The former Anambra State Governor, who said he has been exposed to various areas of governance for years, noted that he is experienced to lead Nigeria.


While he told the Emir he is in the state for sympathy visit, Obi said he deemed it appropriate to make the Palace his first point of call.

The visit to the palace, Peter Obi explained, is to pay Royal Homage to the revered Emir and also to formally inform him of his intention to run for president in the coming election and also to sympathize with him as a Royal Father for the twinntragedy that befalled the state penultimate weeks.

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On his part, the Emir of Kano expressed his happiness for the visit and said he admires Peter Obi’s eloquence, calmness, humility, respect for culture, and fear of God. He also thanked him for having respect for culture.


The Emir who said the country is blessed with resources but wondered why there’s suffering and poverty and crime, said he believed Obi is eminently qualified for the position as he did it as Anambra State Governor where he wished Peter Obi well in the pursuit of his ambition.

Peter Obi was in company of Kano State Gubernatorial Candidate of Labour Party Engr. Bashir Ishaq Bashir, his running mate Dr. Datti Yusuf Baba Ahmed , Dr Yunusa Tanko and State Chairman of Labour Mall Raji in his entourage.

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2023: Newly wed couple join Obidients in Abuja one million man march+video

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Newly wedded couple on Saturday join the Obidients one million man march in Abuja trending video emerges online.

Naijablitznews.com reports no one seems to be left out as depicted in this video showing the newly married couple marching for LP presidential candidate Peter Obi.

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Watch video below:

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