News

Reps Orders JAMB to Remit N3bn to FG Consolidated Revenue Fund

Published

2 weeks ago

September 10, 2024

Gloria Ikibah

…criticize board for ignoring fiscal responsibility letters

By Gloria Ikibah

The House of Representatives Public Accounts Committee (PAC) has instructed the Joint Admissions and Matriculation Board (JAMB) to remit the sum of N3,602,605,277 to the Federal Government’s Consolidated Revenue Fund (CRF) in accordance with demands made by the Fiscal Responsibility Commission (FRC).

This directive was issued during the committee’s resumed hearing on Monday, after the FRC brought JAMB before the committee over issues related to its operating surplus.

The Chairman of PAC, Rep. Bamidele Salam, addressed the matter following claims by the FRC that JAMB had failed to respond to correspondence regarding its financial obligations.

According to Mr. Bello Aliyu, representing the FRC, the agency had informed JAMB about its liabilities, which totaled N390,725,324 in 2021. After receiving JAMB’s audited financial statement for 2022, the FRC recalculated the liabilities to be N3,602,605,277 and notified JAMB of this in March 2024, with a reminder sent on 31st August 2024. Aliyu added that JAMB had not **Reps Committee Orders JAMB to Remit N3bn to FG CRF, Criticizes Board for Ignoring Fiscal Responsibility Letters**

The House of Representatives Public Accounts Committee (PAC) has instructed the Joint Admissions and Matriculation Board (JAMB) to remit N3,602,605,277 to the Federal Government’s Consolidated Revenue Fund (CRF) in accordance with demands made by the Fiscal Responsibility Commission (FRC). This directive was issued during the committee’s opening hearing on Monday, after the FRC brought JAMB before the committee over issues related to its operating surplus.

The PAC, chaired by Rep. Bamidele Salam, addressed the matter following claims by the FRC that JAMB had failed to respond to correspondence regarding its financial obligations.

Aliyu stated that JAMB had not responded to any of these letters.

In response to these allegations, JAMB’s Director of Finance and Administration, Mufutau Bello, explained that the difference in figures stemmed from the FRC’s attempt to increase JAMB’s remittance rate from 25% to 50%.

Bello noted that, since 2019, JAMB had reduced its registration fee from N5,000 to N3,500 to benefit Nigerians. He emphasized that JAMB has consistently adhered to the 25% remittance rate and has not increased any fees in the last eight years.

According to the DFA, the Accountant General had approved this 25% rate, which JAMB has followed, but the FRC now insists on 50%.

In his remarks, the PAC Chairman emphasized that remittance rules are determined by law and not subject to personal interpretation.

He questioned how the discrepancy between the 25% and 50% remittance arose and what the law specifically dictates regarding JAMB’s obligations.

In response, the FRC representative clarified that, under the Fiscal Responsibility Act, all listed agencies are required to remit 80% of their operating surplus. However, the 2021 Finance Act categorized agencies as fully funded, partially funded, or self-funded. JAMB falls under the partially funded category, meaning it can only use 50% of its internally generated revenue (IGR) for its operations and must remit the remaining 50% to the government’s sub-recurrent account.

At the end of the year, a reconciliation determines whether the actual liability should be 80% or 20%, with the higher amount becoming the agency’s final obligation. Based on this rule, the FRC computed JAMB’s liability at 50% of its gross revenue”, he explained.

The committee expressed frustration over JAMB’s failure to respond to the FRC’s letters and unanimously ordered the board to remit the N3,602,605,277 to the CRF within 30 days, providing evidence of the payment.

News

Edo guber: LP’s Akpata remains a front runner, set to capture Edo

Published

41 mins ago

September 20, 2024

Kayode Sanni-Arewa

By Kayode Sanni-Arewa

Less than twenty-four hours to the start of voting in Saturday’s governorship poll in Edo State, a rash of fake news has broken out.

Leading parties in the election have had their fair shares of fake news either indicating the withdrawal of their candidates or disqualification by a Magistrate Court or Supreme Court.

For instance, Olumide Akpata of LP was said to have withdrawn from the race and thrown his support for Asue Ighodalo in a statement that read smoothly and appeared convincing.

THE CONCLAVE sent the statement to Akpata via WhatsApp for confirmed.

He responded by sending the same statement with FAKE NEWS boldly stamped on it.
He said he was set for victory at the poll.

There was also a news flash about the Supreme Court disqualifying Asue Ighodalo of the Peoples Democratic Party, with a sign off: More details coming….

A Magistrate Court in Abuja was also reported to have disqualified Monday Okpebholo of the APC from the poll on account of age falsification.

The APC campaign organisation had swiftly put a lie to the report by deploying the court papers in the circumstance.

News

Guber poll :PDP govs storm Edo to support Ighodalo

Published

43 mins ago

September 20, 2024

Kayode Sanni-Arewa

By Kayode Sanni-Arewa

Barely 24hours to governorship election in Edo State, no fewer than two governors elected on the platform of Peoples Democratic Party (PDP) on Friday arrived Benin City.

The governors, Ahmadu Fintiri of Adamawa and Kefas Agbu of Taraba, arrived the state to mobilise support for the party’s candidate, Asue Ighodalo.

Fintiri made this known in a post on his social media page on Friday evening.

He said : “Just touched down in Edo State alongside my brother, Gov. Agbu Kefas, ahead of the September 21st gubernatorial election. We stand united in support of our Official PDP Nigeria candidate, Asue ighodalo, for a brighter future.”

Edo governor, Godwin Obaseki, who is the PDP leader in the state, had earlier cried out over alleged plot by the All Progressives Congress to rig the election.

As at the time of filling this report, it was unclear if other PDP governors would also hit the state for the election

News

Speed Darlington taunt Burna Boy about his grammy award (+Video)

Published

54 mins ago

September 20, 2024

Austin Ojomah

……. As Speed Darlington queries Afrobeats singer, Burna Boy over his Grammy win.

By Ojomah Austin.

Controversial Nigerian rapper, Speed Darlington has sparked controversy with his claims that Burna Boy’s Grammy Award win can be attributed to the influential role of American rapper and entrepreneur, P. Diddy.

Amid allegations against US rapper, P.Diddy, resulting in his arrest, Speed Darlington suggested that Burna Boy had an intimate relationship with Diddy which paved the way for him to win the Grammy.

Speed Darlington’s bold and contentious assertion comes amidst recent allegations surrounding Diddy, who was reportedly arrested by the Federal Bureau of Investigation (FBI) on charges of human trafficking and racketeering conspiracy.

In a provocative Instagram video, Speed Darlington credited Diddy for Burna Boy’s rapid ascent to international fame and Grammy success, highlighting the American rapper’s significant impact on Burna Boy’s music career.

Speed Darlington openly challenged Burna Boy to disclose the nature of his relationship with Diddy. Suggesting an amorous relationship between the duo, he blatantly asked Burna Boy to reveal how many bottles of oil Diddy used on his buttocks before he was able to win a Grammy.

In his words:

“It wasn’t long after Burna Boy posted a photo of him and Diddy that he won a Grammy Award. Burna Boy, don’t be offended, but how many oils did Diddy use on your nyash before they gave you the Grammy Award?”.

In response to Speed Darlington’s video, One @oluchukwu_____ wrote: “Akpis confidence need to be studied 😂😂.”

vibe_with_fiona wrote: “When burna comes for him,make una no say burna too do o?”

godson_allsom wrote: “If there is Grammy for comedians 😂 akpi for done win like 10.”

official_kahlan wrote: “Presido I don tire to defend you 😂 ga zu ike 🙄.”

asikosharon50 wrote: “Very anyhow talk, Burnaboy won Grammy for his hard work and talent . If na Diddy dey share Grammy why him own Artist for him label nor dey win the Grammy? Na him be say Tems dey and wizkid sef they nick people dem work with naa, useless talk …”

jaytee_yna wrote: “I’m a big fan of Akpi but this is so irrelevant and irresponsible. Burna’s hardwork & God’s grace gave him the Grammy. Okbye!”

lorah_irez wrote: “If person never bèat akpi he no go rest, wetin be this na 😂😂😂.”