The NAFDAC Head of Investigation and Enforcement, Federal Taskforce, Embugushiki-Musa Godiya, also said the agency would work to ensure that fake cosmetics and other counterfeit products were completely wiped out of the country.
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FG, States, LGCs shares N750bn for January ending
By Matthew Denis
The Federation Account Allocation Committee (FAAC), at its Meeting shared a total sum of N750.174 billion to the three tiers of government, as Federation Allocation for the month of January, 2023.
From this stated amount, inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Electronic Money Transfer Levies (EMTL), Augmentation from Non- Mineral Revenue, and an additional sum of N15.000 billion from Savings, the Federal Government received N277.334 billion, the States received N244.975 billion, the Local Government Councils got N180.135 billion, while the Mineral Producing States received N32.730 billion as Derivation, (13% of Mineral Revenue).
The additional N15.000 billion from Savings, according to the Committee at the end of the meeting, will be shared accordingly to the three tiers of government.
The Communiqué issued by the Federation Account Allocation Committee (FAAC), at the end of the meeting, indicated that the Gross Revenue available from the Value Added Tax (VAT) for the month of January, 2023 was N250.009 billion, as against N250.512 billion distributed in the preceding month, resulting in a decrease of N0.503 billion, from this amount, the sum of N10.000 billion was allocated to Cost of Collection, while the sum of N7.200 billion was given to transfers, Savings, Recoveries and Refunds. The remaining sum of N232.809 billion was distributed as follows; Federal Government got N34.921 billion, the States received N116.405 billion, Local Government Councils got N81.483 billion.
Accordingly, the Gross Statutory Revenue of N653.703 billion received for the month which was lower than the sum of N1136.183 billion received in the previous month by N482.479 billion. From this amount, the sum of N23.494 billion was giving to Cost of Collection and a total sum of N241.091 billion to Transfers, Savings and Refunds. The remaining balance of N389.118 billion was distributed as follows; Federal Government received the sum of N189.745 billion, States got N95.227 billion, LGCs received N73.416 billion, and Derivation (13% to Mineral Producing States ) got N32.730 billion.
Also, the sum of N13.799 billion from the Electronic Money Transfer Levies (EMTL) was distributed to the three (3) tiers of government as follows; the Federal Government received N1.987 billion, States got N6.624 billion, Local Government Councils received N4.636 billion, while the sum of N0.552 billion was allocated to Cost of Collection.
The Communiqué further disclosed the Augmentation of the sum of N100.000 billion from Non- Mineral Revenue, which was shared accordingly as follows; Federal Government received N52.680 billion, States got N26.720 billion, Local Government Councils received N20.600 billion.
Petroleum Profit Tax (PPT), Companies Income Tax (CIT), Oil and Gas Royalties and EMTL all decreased considerably. Value Added Tax (VAT) decreased marginally. However, Import and Excise Duties increased, albeit marginally.
According to the Communiqué, the total revenue distributable for the current month of January 2023, was drawn from Statutory Revenue of N389.118 billion, Value Added Tax (VAT) of N232.809 billion, an Augmentation from Non- Mineral Revenue of N100.000 billion, N13.247 billion from Electronic Money Transfer Levies (EMTL), and an additional N15.000 billion from savings, bringing the total distributable for the month to N750.174 billion.
However, the balance in the Excess Crude Account (ECA) as at February 20th, 2023 stands at $473,754.57.
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Invoke executive order for state, LG police, Afenifere tells Tinubu
The pan-Yoruba socio-cultural and political organisation, Afenifere, on Saturday, urged President Bola Tinubu to invoke an Executive Order for the establishment of state and local government Police.
Afenifere, in a statement by its National Publicity Secretary, Jare Ajayi,in Ibadan, the Oyo State capital, also called for the erection of close-circuit television sets and deployment of modern technology for security purposes in strategic locations to end insecurity.
Ajayi said, “There are indications that Tinubu is desirous of putting an end to this deleterious menace. Towards the end of January this year, he approved the procurement of digital tracking tools to enhance the apprehension of bandits, terrorists and armed robbers.
“On Monday, April 22, this year, he used the occasion of addressing participants at the African Counter-Terrorism Summit which opened on that day in Abuja to assure everyone of his government’s readiness to ensure greater security. Unfortunately, recent happenings have not shown that the President’s desire in this respect is being worked upon.
“President Tinubu should get state and local government police off the ground immediately through the invocation of an Executive Order while the process of amending the Constitution continues.
“Close circuit television sets, deployment of modern technology for security purposes including drones must be effected immediately.”
He explained that the statement was motivated by the recent reports of banditry and kidnapping in Ogun, Edo, Ekiti, Oyo, Kogi, Zamfara and Niger States, respectively which made a research organization declare Nigeria as one of the top nations where kidnap ranks highest globally.
Ajayi noted that Fulani herders and farmers’ clashes kept occurring in Osun, Ondo and Oyo State; Otu, Igbeti and Alaga in the Oke-Ogun area of Oyo State were the latest victims.
The Afenifere spokesperson also said, “In order to end insecurity, enhance people’s welfare and ensure the sustenance of Nigeria as one of the top investment destinations in Africa as desired by the government, there is the urgent need by the Federal Government and security agencies to be more innovative and decisive.”
He lamented that banditry, including armed robbery, kidnapping was still occurring on South-West roads such as Lagos-Ibadan, Ibadan-Ijebu-Ode; Akure-Ilesa-Ibadan; Ore-Ijebu Ode-Lagos, Ikirun-Osogbo-Ilesa; Lokoja-Abuja, Owo-Benin and Ibadan-Iseyin-Saki.
“Latest reports have it that on Monday, May 13 instant, eight cocoa farmers were kidnapped at Marindoti Cocoa Farmers’ settlement in Ovia South-West Local Government Area of Edo State. Three students of Millicent Secondary School in the same area on their way to write their Senior Secondary School Examination, were also kidnapped at the same time.
“A sum of N31 million was reportedly paid to ransom three people who were kidnapped at Longe village on Ibadan-Ijebu-Ode Road last week Sunday. On Thursday, May 16, one Seliat Adeniji (nee Raji) was kidnapped in her Ebedi home in Iseyin, Oyo State. Her guard was killed in the process.
“Hon Bello Hassan representing Zurmi/Shinkafi Federal Constituency in the House of Representatives last Tuesday claimed that terrorists have sacked about 50 communities and abducted over 500 people in his area of Zamfara State as bandits overran Zurmi, the second most populous town in the state killing palace officers as well as policemen.”
To put a serious check on all these, the Afenifere spokesman said that there was an urgent need to dig deep into the roots of the menace and to be decisive in applying the necessary measures.
News
NAFDAC shuts cosmetic shops in Lagos, seizes counterfeit products
The National Agency for Food and Drug Administration and Control has shut three shops and raided others during a clampdown on the sale of unregistered “Dr. Teal’s” brand of cosmetics in Lagos State.
The agency disclosed this in a post on its X handle on Saturday, stating that the action came after a complaint from the trademark holder.
The statement read, “NAFDAC has shut down three cosmetics shops and raided others, targeting the sale of unregistered ‘Dr. Teal’s’ brand cosmetics. This action follows a complaint from the trademark holder regarding potential counterfeit products.
“Two suspected shops along Excellent Line at the Trade Fair Complex were targeted, resulting in sealed shops and invitation letters issued to attendants.”
It added that another development unfolded at Okas Global Link Limited where NAFDAC confiscated over 200 cartons of various Dr. Teal’s products and other unregistered cosmetics, suspecting them to be the source of distribution.
A shop identified as Cubana Stores at Phil Hallmark Plaza was also reported to have been sealed for stocking and selling the moisturising body and bath products of the alleged unregistered Dr. Teal’s brand.
NAFDAC added that according to its regulations, shop owners found guilty of selling unregistered products face penalties of up to ₦5m fine.
It said shop owners were also being questioned as part of ongoing investigations.
In the statement, the agency emphasised the health risks associated with fake cosmetics, stating the potential dangers of using products containing harmful substances.
News
Traders, soldiers clash at Banex Plaza in Abuja
The Federal Capital Territory Police Command has deployed intelligence officers to Banex – an electronics and telecommunications gadgets market, in Abuja following a conflict that ensued between soldiers and some traders on Saturday.
A viral video seen by our correspondent on X on Saturday showed a multitude of civilians overpowering some soldiers during a free-for-all fight at Banex.
The Defence Headquarters, and the spokesperson for the Nigerian Army, Onyema Nwachukwu could not be reached for comments as of press time.
Meanwhile, a trader who simply identified himself as Abdul, told our correspondent on Saturday that the conflict ensued over the sale of a mobile phone.
“There’s a problem at Banex now. Some soldiers came to complain about a phone, and during an argument with the traders, a fight ensued,” Abdul simply revealed.
When contacted over the development, the spokesperson for the FCT Police Command, SP Josephine Adeh said the Commissioner of Police, Benett Igweh has deployed officers of the FCT Intelligence Response Team to the scene of the incident.
“The CP has deployed the Intelligence Response Team to the scene,” Adeh confirmed.
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