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Devote N5.5bn June Allocation to Pay Salaries, Fayemi Tells Fayose

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  • Devote N5.5bn June Allocation to Pay Salaries, Fayemi Tells Fayose

The Ekiti State governor-elect, Dr Kayode Fayemi, has asked the outgoing Governor, Mr. Ayodele Fayose, to devote the June 2018 federal allocation of N5.52 billion to the payment of salaries and other entitlements of workers.

A statement by Fayemi’s Media Director, Wole Olujobi, said that henceforth, Fayose must make accountability and human face critical factors in the policies of his administration.

He said the usual practice by the governor to collect federal allocations and call stakeholders meetings to deceive Ekiti people on the sharing formula between the state and local governments is no longer acceptable.

Urging Fayose to make accountability and transparency a cardinal policy of his administration in the run-up to the October 16, 2018 handover date, the statement said: “Information available to us suggests that Fayose at the weekend called all the directors in the state service to a meeting in the new Governor’s Lodge, pleading with them not to release sensitive information to the opposition, including non-disclosure of the state’s finances.

“But we want to say that the state has received N5.52b fresh June federal allocation and we demand that the money be spent to pay salary, and should not be subjected to the circus of lies and deceits that often accompanied the sharing of the allocations in the past whereby local governments were given their shares in the morning and in the night they would be coerced to return the money to the governor’s office while local governments workers remained unpaid for nine months.

“Fresh reports on the status of the state’s internally generated revenue (IGR) have indicated that between October 16, 2014 to date, the state has a revenue profile of N34,560,000,000 kept in secret accounts in one old generation bank account and another new generation account, yet there is nothing to suggest that the money was spent for the benefit of Ekiti people.

“At the State Water Corporation where opaque financial management has left the system in ruins, Ondo State had paid its counterpart fund of 40m for the upgrading of Egbe Dam, but Ekiti State Government has refused to honour its obligation to the project, even as the money paid by Ondo State cannot be traced to any government’s account.

“At Ero Dam, despite releasing N1b on paper out of N1.4b budgeted for the dam’s expansion, there is no sign of work going on there as we speak while in the same Water Corporation, two multi-million naira serviceable trucks were taken to Afao-Ekiti country home of the governor several months ago under pretext that they were being taken
there for repairs and up till now, the trucks are still not in the service of the Water Corporation.”

Meanwhile, workers have issued a 14-day ultimatum to Governor Fayose to pay all arrears of salaries and pensions of
retirees.

The workers acting under the aegis of Ekiti State Organised Labour, said the Fayose government must clear all arrears of workers’ entitlements before a new government takes office on October 16.

Their demands also include payment of over seven months deduction, payment of nine month arrears to local government workers and primary school teachers.

They also advocated the payment of 11 months and six months pensions to local government pensioners and state government pensioners respectively.

Also, the Conference of Nigeria Political Parties (CNPP), Ekiti State chapter, has warned civil servants in the state not to be part of alleged altering of official documents in a desperate attempt by Fayose to cover up some of the shoddy deals embarked upon by his administration.

The caution was contained in a release signed by the state Publicity Secretary of CNPP in Ekiti State, Olu Akomolafe, and made available to newsmen in Ado Ekiti on Sunday.

“It is now in public domain, the on-going alteration of government official documents by the government of Fayose after his party lost the July 14, 2018 governorship election in Ekiti State. All the desperate moves being evolved by the outgoing governor and his few cohorts are not hidden at all.

“Official documents from various ministries, agencies and parastatals are being inter-changed to make governance become cumbersome, equivocal and inexplicable to the incoming administration, hence hoarding or non-availability of necessary official documents needed to know how government activities were carried out in the four years of the present government in the state,” Akomolafe said.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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Peter Obi Slams Tinubu Over Double National Grid Collapse, Calls for Urgent Power Sector Reforms

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Peter G. Obi

The Labour Party (LP) presidential candidate in the 2023 election, Peter Obi, has berated President Bola Tinubu’s government after the country’s national grid collapsed twice in less than 24 hours.

The former Anambra State Governor reacted via a lengthy statement on his official X handle on Tuesday, October 15.

Obi blamed the persistent collapse on the failure of leadership and the policies implemented by the federal government.

He called for urgent and comprehensive reforms, saying Nigerians deserve a government that prioritizes measurable indices of development

He said, “For the umpteenth time, the national grid has collapsed, plunging a huge part of the nation into darkness and exposing the fragility of Nigeria’s power infrastructure.

“This recurring disaster is a national shame and a glaring testament to the failure of leadership and policy implementation at the highest levels. How long must Nigerians endure a system that fails to provide one of the critical necessities for a productive society?

“This latest power grid collapse is emblematic of a leadership and government that have consistently failed to prioritize the welfare and economic well-being of the people.

“We all know the immense importance of power supply to the transformation of our economy. Its support to SMEs, which are the engine of job creation and a major contributor to our GDP, is immeasurable.

“Today, we are the fourth largest economy in Africa, having fallen from the number one position due to leadership failure over the years, including the persistent power crisis, which is critical when compared to smaller economies.

“South Africa, which is now the largest economy in Africa with a GDP of about $400 billion and 30% of our population, generates and distributes over 40,000 megawatts of electricity.

“Secondly, Egypt, the second largest economy with a GDP of about $350 billion and half of our population, generates and distributes over 40,000 megawatts.

“Algeria, the third largest economy, with about 300B GDP and 20% of our population, generates and distributes over 50,000 megawatts of electricity.

“Nigeria, with less GDP but with more population than the 3 countries combined, generates and distributes less than 10,000 megawatts, and even that is riddled with frequent collapses and crises of failure.

“This disparity in power generation is a reflection of the deep-rooted governance deficit that continue to hold back our growth and potential. It is time for urgent, comprehensive reform. Nigerians deserve a government that prioritizes measurable indices of development.”

Investors King reported that the national grid partially collapsed on Tuesday morning, marking the second collapse in less than 24 hours after the first collapse on Monday.

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INEC Begins Security Training Ahead of Ondo Governorship Election

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The Independent National Electoral Commission (INEC) has commenced a three-day training session for security personnel as part of preparations for the upcoming off-cycle governorship election in Ondo State.

Investors King reports that the electoral body is scheduled to conduct the election on November 16

During the opening of the training in Akure, the state capital on Monday the National Commissioner and Chairman, Board of Electoral Institute, Prof Abdullahi Zuru, said the training was opened for security officers from various agencies including the state police command, the Nigerian Army, the Nigerian Airforce, the Federal Road Safety Corps, the Nigerian Security and Civil Defence Corps, the Nigerian Immigration Service and the Nigerian Customs Service.

Zuru revealed that off-cycle elections in Nigeria pose more challenges compared to general elections.

He, however, said there is a need for continuous collaboration between INEC and security agencies to tackle the prevailing challenges effectively.

He said, “It is pertinent to remind ourselves that off-cycle elections in Nigeria are inherently more challenging than general elections because it allows political actors to concentrate their human and material resources to circumvent the electoral process.

“So, the INEC and security agencies must continuously enhance collaboration to ensure that the vote of every voter counts and the people of Ondo State decide who governs them through the ballot box.

“This training is, therefore, an opportunity for the commission to further enhance synergy between INEC and the security agencies, and ultimately ensure that a tranquil electoral environment is provided for deployment of electoral materials, equipment and personnel as well as peaceful movement of voters.”

Meanwhile, during the All Progressives Congress (APC) campaign flag-off in Ondo West Local Government Area on Saturday, Governor Lucky Aiyedatiwa announced an increase in the minimum wage for civil servants in the state.

Aiyedatiwa, who is running for office under the APC platform, reaffirmed his commitment to improving the welfare of civil servants and urged residents and citizens to come out in large numbers and vote for him.

 

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Enugu Government Gives Reasons For Imposing Tax on Dead Bodies 

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Company Income Tax (CIT) - Investors King

The Enugu State Government has given reasons for its decision to impose a tax on corpses in mortuaries across the state.

The government said its decision was not driven by the need to generate revenue.

Executive Chairman, Enugu State Internal Revenue Service (ESIRS), Mr Emmanuel Nnamani, made this clarification while reacting to the Mortuary Tax circular addressed to all morticians in the state.

Nnamani said imposing the tax was inline with the state Mortuary Tax Law which had existed for years, adding that it was not new to the state.

He further clarified that the mortuary tax was N40 daily only as against N40,000.

Nnamani stated that it is an indirect tax paid by mortuary owners, not deceased family and it is just N40, not N40,000.

He added that since its introduction, nobody has been denied burying their dead ones, adding that if the corpse stays in the mortuary for 100 days, the mortuary is expected to pay the state a sum of N4,000.

“The tax is not meant to generate revenue but to discourage people from taking their dead ones to the mortuary all the time,” he stressed.

According to the circular, ESIRS, in line with the provisions of Section 34 of the Birth, Deaths and Burials Law Cap 15 Revised Laws of Enugu State 2004, approved the implementation of the Mortuary tax.

The law partly reads, “The sum of N40.00 only is to be paid by owners of a corpse once it was not buried within twenty-four hours. The amount continues to count daily.

“Kindly ensure that owners of corpses make the payments before collection of the corpses for burial and then remit the same to the ESIRS in any commercial bank under the mortuary tax in Enugu State IGR Account.”

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