Govt To Obaseki: You Lied Over Printed Money
Edo State Governor Godwin Obaseki lied over his claim that the Central Bank of Nigeria (CBN) printed between N50 billion and N60 billion for states to share in March at the meeting of the Federation Account Allocation Committee, according to the Federal Government.
Describing the governor’s claim as very sad, the Minister of Finance, Budget and National Planning, Zainab Ahmed, on Wednesday explained that the money being shared monthly at FAAC was revenue generated.
Obaseki was last week quoted as raising the alarm over Nigeria’s financial position which he said made the CBN to print about N60billion to augment allocation shared by states in March.
“When we got FAAC for March, the Federal Government printed additional N50-N60 billion to top up for us to share.
“This April, we will go to Abuja and share. By the end of this year, our total borrowings are going to be within N15-N16 trillion,” Obaseki had lamented over the weekend.
But while answering questions from State House correspondents on Wednesday, the minister said Obaseki’s claim was not factual.
She described revenue distribution as a public information that was available to all.
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The minister also faulted the governor on the alarm raised on the country’s borrowings.
She insisted that the nation’s debt profile was still within sustainable limit.
Ahmed said: “The issue that was raised by the Edo State Governor, for me, is very sad because it is not a fact.
“What we distribute at FAAC is revenue that is generated and in fact, distribution revenue is public information.
“We publish revenue generated by FIRS, the Customs and the NNPC and we distribute at FAAC.”
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BREAKING: Abacha’s Ex-chief Of Staff Oladipo Diya Dies
Retired Lt.General Donaldson Oladipo Oyeyinka Diya, the former Chief of Staff in General Sani Abacha’s military government, is dead.
His death was confirmed by Prince Oyesinmilola Diya. He said the former military administrator of Ogun State passed on to glory in the early hours of 26th March 2023.
Born on the 3rd of April, 1944, Diya was military Governor of Ogun State after the Buhari-Idiagbon coup of December 31st, 1983.
Diya joined the Nigerian Defence Academy, Kaduna and fought during the Nigerian Civil War.
He later attended the US Army School of Infantry, the Command and Staff College, Jaji (1980–1981) and the National Institute for Policy and Strategic Studies, Kuru.
While serving in the military, Diya studied law at Ahmadu Bello University, Zaria, where he obtained an LLB degree, and then at the Nigerian Law School, where he was called to bar as Solicitor and Advocate of the Supreme Court of Nigeria.
He held other top military posts like GOC, 82 Division and finally the Chief of General Staff (military Vice President) to Gen Sani Abacha
The statement read: “On behalf of the entire Diya family home and abroad; we announce the passing on to Glory of our dear Husband,Father, Grandfather,brother, Lt- General Donaldson Oladipo Oyeyinka Diya (Rtd) GCON, LLB, BL, PSC, FSS, mni.
“Our dear Daddy passed onto glory in the early hours of 26th March 2023. Please keep us in your prayers as we mourn his demise in this period. Further announcements will be made public in due course.
“Barrister Prince Oyesinmilola Diya, on behalf of the family.”
Breaking: Appeal Court Retains Adeleke As Osun Governor
The Court of Appeal sitting in Abuja has vacated the tribunal judgement that nullified the election of Governor Ademola Adeleke of Osun State.
The appellate court, in a unanimous decision by a three-member panel of Justices, on Friday held that the appeal Adeleke lodged to challenge his sack by the Osun State Governorship Election Petition Tribunal, was meritorious.
Aside from setting aside the judgement of the tribunal, the court, in its lead judgement that was delivered by Justice Mohammed Lawal, awarded N500, 000 cost against the All Progressive Congress, APC, and its candidate, Gboyega Oyetola
BREAKING: PDP Suspends Anyim, Fayose
Former governor of Ekiti State, Ayodele Fayose; former president of the Senate, Pius Anyim; Prof Dennis Ityavyar and Aslam Aliyu were on Thursday suspended from the Peoples’ Democratic Party (PDP).
The PDP made the suspension on Thursday after an extensive review of the affairs of the party, pursuant to the provisions of the PDP Constitution (as amended in 2017).
The PDP also referred the Governor of Benue State, Samuel Ortom, to the National Disciplinary Committee over his reported involvement in anti-party activities.
This was disclosed in a statement signed by the National Publicity Secretary, Debo Ologunagba.
“The PDP urges all leaders, critical stakeholders and teeming members of our party across the country to remain united and focused at this critical time,” the statement added.
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