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FG Spends N18bn Daily on Petrol Subsidy, Finance Minister Reveals

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FG Spends N18bn Daily on Petrol Subsidy, Finance Minister Reveals

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed on Thursday disclosed that the federal government spends an estimated N18.397 billion daily on petrol subsidy.

Ahmed, who revealed this to the House of Representatives ad-hoc Committee investigating subsidy payments regime from 2013 to 2022, said a total sum of N6.210 trillion had been paid as fuel subsidy to independent oil marketers from 2013 to 2021.

The Minister who made the disclosure while addressing the lawmakers at the resumed hearing, said the ministry paid the sum of N1.774 trillion from 2013 to 2016, while the remaining N4.436 trillion, came under PMS under-recovery by the Nigerian National Petroleum Company (NNPC) Limited.
On the funding of subsidy payments, Ahmed explained that payments that have been made to oil marketers were directly from the domestic excess crude account through the deduction of Sovereign Debts Instruments (SDI).

She further explained that the instrument which was approved by the then President in 2010, also had instances where funds were transferred from the consolidated revenue fund to the domestic excess crude account for subsidy payments.
She informed the lawmakers that the ministry was not in the position to provide statement of account of the NNPC and its affiliates on the transfer of funds to the treasury single account.
Speaking further, the minister lamented the burden of petrol subsidy on the government, hence she recommended a stakeholders’ meeting on the way forward.

“When we engage the leadership of the National Assembly, we recommended a national stakeholders’ forum that will bring all major stakeholders together, including all the political parties.
“We submitted that to the Federal Executive Council and it gave its approval and the government is working on that. It is important so that if all stakeholders agree, we know what exactly we are dealing with.
“I do hope that is done very soon because we cannot continue to carry the burden. So, the petrol subsidy we are carrying today in the nation is around N283 per litre, that is what we are carrying; so it is the difference between the pump price and the landing cost of petroleum products in the country,” Ahmed added

Reacting, a member of the Committee, Hon. Ibrahim Isiaka questioned the rationale behind NNPC’s deduction from source, the sum of N1.66 trillion against the sum of N1.15 trillion paid to oil marketers in 2021, leaving an excess of N500 billion.
Also, the Chairman of the Committee, Hon. Ibrahim Aliyu faulted the formula for the computation of the subsidy payments.
He ruled that documentary evidence of the beneficiaries of the N500 billion should be provided.
He said, “The N6.7 trillion required for 2022, why I’m disturbed is because the 2023 financial year is approaching by September, we will be expecting Mr. President’s budget submission, and the MTEF is already before the National Assembly.

“You see, if you look at the average daily truck-out quantity latest, 64,964,400, in 2012 there was a report and the total consumption was put at 31,500, so it’s very difficult to imagine how you can have a near 100 per cent increment in consumption within a period of 10 years.”
He also faulted the fact that even during public holidays as well as the period of the COVID-19 when there was lockdown and limited movement the petrol consumption rate remained same.

Meanwhile, the Federal Inland Revenue Service (FIRS) told the House of Representatives special adhoc Committee that it was not in its place to utilise funds of the government.
The Executive Chairman of FIRS, Muhammad Nami who was represented by the agency’s Coordinating Director, Compliance Support Group, Dr. Dick Irri at the resumed investigative hearing stated that their statutory mandate was to collect taxes and also enforce same to be paid to the federal government.

According to Nami, the role of the Service as provided by its Establishment Act was confined to the assessment of taxpayers, collection of taxes, accounting for and enforcement of taxes that were due to the government of the Federation.

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NAPTIP to establish command in FCT to tackle violence, SGBV cases

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NAPTIP urges stiffer penalties for rape

The National Agency for the Prohibition of Trafficking Persons (NAPTIP) says it is proposing the establishment of a command in the Federal Capital Territory (FCT) to tackle cases of Violence against Persons (VAP).

The Director-General of the agency, Mrs Binta-Adamu Bello, disclosed this on Monday in Abuja during the 2024 stakeholder’s coordination meeting on implementation of the Violence Against Persons Prohibition (VAPP) Act 2015 and corresponding state laws.

The News Agency of Nigeria (NAN) reports that the meeting was supported by Ford Foundation to commemorate the first day of the 2024 Global 16 Days of Activism, an annual campaign to challenge violence against women and girls.

The NAPTIP boss said that the establishment of the FCT command would further solidify the agency’s commitment toward eradicating social menace, especially with the issue of Sexual and Gender-Based Violence (SGBV) in the nation’s capital.

According to the NAPTIP boss, it is expected that the command will enhance quicker response to SGBV cases, improve coordination among stakeholders, provide specialised support services for survivors and strengthen investigation and prosecution.

She said that the command would serve as a model for other states and strengthen stakeholders’ collective efforts to eradicate SGBV within the FCT, while inviting the stakeholders’ input and expertise in facilitating the move.

She said “I have strong conviction that we will leave here with renewed vision toward eradicating the ills associated with violence against persons and in turn, make the country safer and more habitable.

“It is gratifying to note that this meeting is holding on the first day of the Global 16 Days of Activism, which is an annual campaign to challenge violence against women and girls.

“The theme for this year is “Towards Beijing +30: Unite to End Violence against Women and Girls”, which resonates with the 30th anniversary review of the implementation of the Beijing Declaration and platform for action.

“At this point, I must commend the efforts of Ford Foundation for graciously supporting this meeting under the project “Strengthening Government Approach in Preventing and Responding SGBV.”

She reiterated NAPTIP’s commitment to work with states, the mandate Secretary of the Women Affairs Secretariat of the FCT and Civil Society Organisations to implement laws that abhor

Violence against women and girls.

Mrs Tolulola Odugbesan, the acting Director, VAP Department, NAPTIP, said that the coordination meeting was an opportunity for stakeholders to connect, proffer guidance, reflect on concerns, review successes and identify gaps.

She added that the meeting was also to discuss challenges, assess the level and effectiveness of intervention efforts and proffer recommendations and far-reaching strategies associated with the implementation of the VAPP Act 2015.



 

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Plateau to organise free medical care for 200,000 residents

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Appeal Court sacks Mutfwang as Plateau governor

The Plateau Government says it has concluded arrangements to organise free medical care for 200,000 residents.

The Commissioner for Health, Dr Cletus Shukuk, made the disclosure on Monday in Jos at the official launch of “Project 10 Million; Know Your Number, Control Your Number.”

Shukuk explained that the free medical care was basically screening for hypertension and diabetes, which were non-communicable diseases.

The commissioner stated that the programme was a comprehensive intervention strategically in line with the national campaign of the Nigeria Health Commissioners Forum to combat the rising prevalence of non-communicable diseases.

According to him, the project would provide immediate counselling and referral and would also link newly diagnosed patients to treatment facilities.


Shurkuk further said that the increased public awareness would be carried out on hypertension and diabetes.

“The project would support the creation of a hypertension and diabetes register and, in turn, improve data collection, which would enhance health care policies and planning.

“The screening will be conducted in the 17 local government areas and will be done in selected primary and secondary health care facilities.

“I wish to call on the people of the state to avail themselves for the screening exercise to enable them to know their blood pressure and blood sugar level status,” he advised.

The News Agency of Nigeria (NAN) reports that Mrs Helen Mutfwang, the wife of the governor of Plateau, was made the ambassador of the “project 10 million.”



 

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Minimum wage: LG boss lauds Oyebanji for approving N70,000 for workers

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Minimum wage: LG boss lauds Oyebanji for approving N70,000 for workers

Mrs Clara Bamisile, the Chairperson, Oye Local Government Area in Ekiti State has commended Gov. Biodun Oyebanji for approving the N70,000 minimum wage for workers.

Bamisile gave the commendation in an interview with the News Agency of Nigeria (NAN) in Oye-Ekiti on Monday.

She described the governor’s decision as the right step in the right direction towards reducing financial burden for civil servants and making cost of living affordable for them.

According to her, Oyebanji has proved to all Ekiti indigenes that he is a good and compassionate leader, who cares for the wellbeing of his people.

“I want to commend our amiable governor, Mr Biodun Oyebanji, for approving the N70, 000 minimum wage for civil servants in Ekiti.

“He has proved to all Ekiti indigenes that he is worthy, passionate, caring and a good leader, who is ready to make his people happy as we approach yuletide.

“It is a testimony that our governor is ready to make cost of living affordable for our people, and he will not relent to do more if given a chance.”

She urged both Ekiti indigenes and residents to consider Oyebanji for a second term in office to continue his good works.

Bamisile enjoined the civil servants to be diligent in their various departments to justify the salary increment

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