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FG, states, LGs shared N3.47tn in Q2 indicating an increase of N46.77bn— NEITI

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By Mario Deepromoter

The Nigeria Extractive Industries Transparency Initiative has stated that the Federation Accounts Allocation Committee disbursed N3.473tn to the three tiers of government in the second quarter of 2024.

This reflects an increase of N46.77bn (1.42 per cent) compared to the first quarter of 2024, the agency stated in a statement on Monday.

The statement signed by its Assistant Director of Communications and Advocacy, Chris Ochonu, noted that these figures were part of NEITI’s latest Quarterly Report on Federation Account Revenue Allocations for Q2 2024.

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Unveiling the report in Abuja, the NEITI Executive Secretary, Dr Ogbonnaya Orji, emphasised that “the quarterly review aims to highlight the sources of funds into the Federation Account and the factors affecting the growth or decline in revenues and distributions over time”.

“The ultimate goal of this disclosure is to enhance knowledge, increase awareness, and promote public accountability in the management of public finances,” Orji stated.

He said the Federal Government received N1.102tn, representing 33.35 per cent of the total allocation while 36 states received N1.337tn (40.47 per cent) and the 774 Local Government councils shared N864.98bn (26.18 per cent).

Additionally, nine oil-producing states received N169.26bn as their derivation share from mineral revenue.

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“A comparison with the previous quarter shows that the Federal Government’s allocation decreased by N41.44bn (3.76 per cent), while state governments saw an increase of N58.13bn (4.29 per cent), and local government councils experienced a rise of N30.82bn (3.57 per cent).

“The Nigeria Upstream Petroleum Regulatory Commission, the Federal Inland Revenue Service, and the Nigeria Customs Service were identified as the main revenue-generating agencies for the Federation Account.

“Their contributions included oil and gas royalties, petroleum profit tax, company income tax, value-added tax, and import & excise duties,” the statement noted.

The report highlighted an upward trend in revenue allocations in the latter months of 2023 and early 2024. Total monthly disbursements increased from N1.094tn in January 2024 to N1.098tn in February but then declined slightly to N1.065tn in March.

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On state-by-state allocations, Delta State received the largest share of allocations in Q2 2024, with a gross allocation of N137.36bn, including oil derivation. Lagos State followed with N123.28bn, and Rivers State came in third with N108.104bn. Nasarawa, Ebonyi, and Ekiti States received the least, with N24.735bn and N25.40bn, respectively.

Among local governments, Alimosho in Lagos State received the highest allocation at N5.72bn, followed by Ajeromi/Ifelodun (N4.59bn) and Kosofe (N4.54bn). Ifedayo received the smallest share of N661.82m.

“Nine states benefited from 13 per cent oil derivation revenue, with Delta State leading at 40.153 per cent, followed by Bayelsa (38.112 per cent) and Akwa Ibom (36.117 per cent). Rivers State recorded a derivation ratio of 27.272 per cent, while the other oil-producing states had ratios below 20 per cent.

“However, solid minerals-producing states did not receive derivation revenue in Q2 2024 due to insufficient revenue generation from the sector.”

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Continuing, the NEITI boss stated that Bauchi State recorded the highest debt deductions in Q2 2024 at N6.49bn, followed by Ogun State. Anambra State had the least deductions at N115.6m, while Lagos and Nasarawa recorded no debt deductions for the quarter.

Making its recommendations, the NEITI urged states to take advantage of ongoing reforms in the solid minerals sector to diversify their revenue sources.

It added that “The Central Bank of Nigeria should strengthen measures to stabilize the exchange rate and reduce fluctuations in Federation Account remittances.

“States should adopt realistic budget benchmarks for oil production and exports to minimize fiscal shocks from price volatility.

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“The Revenue Mobilisation Allocation and Fiscal Commission and the Office of the Accountant-General of the Federation should take decisive steps to increase transparency and accountability, particularly in the payment of special revenue accruals like derivation arrears and debt repayment refunds.”

The NEITI boss also urged the citizens and civil society organizations, particularly those involved in revenue and expenditure monitoring, to show interest and strengthen their capacity in budget tracking and monitoring of allocations and disbursements to all tiers of government.

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#OndoDecides2024: APC congratulates Aiyedatiwa, applauds Ondo electorate

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By Francesca Hangeior

The All Progressives Congress has congratulated the Ondo State Governor, Lucky Orimisan Aiyedatiwa, on his re-election in the just-concluded governorship election.

 
Aiyedatiwa won the election, having polled a total of 366,781 votes across all 18 Local Government Areas of the state.

 
He defeated his closest rival — Agboola Ajayi of the Peoples Democratic Party, who got 117,845 votes.

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In a statement issued by the APC National Publicity Secretary, Felix Morka, on Sunday, and made available to PUNCH Online, the party described Aiyedatiwa as a “clear attestation” that his administration’s policies “resonated deeply with the electorate.”

 
The statement read, “The All Progressives Congress (APC) heartily congratulates the Governor of Ondo State, His Excellency, Lucky Orimisan Aiyedatiwa, on his re-election.

 
“Your Excellency’s resounding victory in the just-concluded Ondo State gubernatorial election is a clear attestation that your administration’s policies and programmes and campaign message of hope and consolidation have resonated deeply with the electorate.

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NiDCOM rescues 13 trafficked Nigerian women from Ghana

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*** says 163 victims saved between July, November

By Francesca Hangeior

 
The Nigerian in Diaspora Commission, NiDCOM, has successfully facilitated the rescue and repatriation of 13 trafficked Nigerian women from Ghana, bringing the total number of victims returned over the past five months to 163.

This was revealed in a statement by Abdur-Rahman Balogun, NiDCOM’s Director of Media, Public Relations, and Protocols.

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The operation, executed through collaborative efforts, involved the Ghanaian Anti-Human Trafficking Police Unit, Rescue Live Foundation International, NIDO Ghana, and NiDCOM.

The latest group of rescued women, aged 19 to 30 years, hails from Ebonyi, Benue, Kaduna, and Rivers States.

It was gathered that they were lured to Ghana under false pretenses of employment but were subjected to exploitative conditions and coerced into secrecy oaths while their traffickers profited from their ordeal.

NiDCOM’s Chairman/CEO, Hon. Abike Dabiri-Erewa, expressed her gratitude to key supporters, including Nigeria’s First Lady, Senator Oluremi Tinubu, and Ebonyi State Governor, Francis Nwifuru, for their roles in ensuring the safe return of the victims.

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She also praised Chief Callistus Elozieuwa, BOT Chairman of Rescue Live Foundation International/NIDO Ghana, and the Ghanaian Anti-Human Trafficking Police Unit for their commitment to prosecuting the traffickers.

Dabiri-Erewa reiterated NiDCOM’s commitment to protecting Nigerians abroad, aligning with President Bola Tinubu’s Renewed Hope Agenda, which prioritizes combating human trafficking and safeguarding citizens’ rights.

Upon arrival in Nigeria, the women were handed over to the National Agency for the Prohibition of Trafficking in Persons, NAPTIP, for rehabilitation and reintegration.

NiDCOM representative Akinboye Akinsola, who accompanied the women, noted that they willingly sought assistance after learning about previous rescue efforts in Ghana’s Kpone Katamanso and Tema regions.

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Chief Callistus Elozieuwa highlighted the support provided to the women in Ghana, including temporary shelter, before their return to Nigeria.

Valentine Okike Uzo, Senior Special Assistant to the Governor of Ebonyi State, commended Governor Nwifuru’s dedication to supporting indigenes both at home and abroad. He assured that measures are in place to ensure proper rehabilitation for those returning to Ebonyi State.

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Dabiri-Erewa celebrates Chidimma’s emergence as First Runner up, Miss Universe

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By Francesca Hangeior

The Chairman/CEO Nigerians in Diaspora Commission (NIDCOM) Hon. Abike Dabiri-Erewa, has congratulated Nigeria’s Chidimma Adetshina for emerging second at Miss Universe 2024, describing it as a reward for her doggedness and resilience.

In a congratulatory statement issued by Abdur-Rahman Balogun, Director of Media, Public Relations and Protocols of the Commission, the NIDCOM boss was excited that despite all odds, Chidimma remained focused and attained her goals.

Dabiri-Erewa said though Chidimma Adetshina as Nigeria’s representative, finished as the first runner-up at the 73rd Miss Universe Competition held in Mexico, her courage, determination and support from Nigeria eventually paid off. She was also named Miss Africa and Oceania 2024.

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Dabiri-Erewa recalled Adetshina’s controversial official withdrawal from the Miss South Africa 2024 contest, of which she had advanced to the final stage ,some few months back, noting that Nigeria warmly welcomed her, after being literally forced out of South Africa.

While in Nigeria, accompanied by President Silverbird group, Mr Guy Murray Bruce, Chidinma was warmly received at the NIDCOM Lagos office, and thereafter hosted to a grand reception at Idris Olorunnibe’s “The Temple,” Victoria Island ,with music legend, Dbanj in attendance.

Describing her as brilliant, focussed and determined, she urged others to emulate the spirit of Nigerianess in Chidimma by being proud of the country and not run it down under whatever guise.

The competition, described as one of the most thrilling in recent years, celebrated the talents, intelligence, and elegance of women from around the globe.

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Nigeria came second behind Miss Denmark, Victoria Kjaer Theilvig, who won the keenly contested crown from Miss Universe 2023, Sheynnis Palacios of Nicaragua.

It will be recalled that Chidimma was rejected by South Africa who expressed worries and questioned her nationality.

Due to that, Adetshina came to Nigeria to represent Taraba State and won the title of Miss Universe Nigeria.organised by the Silverbird group.

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