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Fuel/Naira scarcity: Ogun begins distribution of 400,000 food items to vulnerable residents

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Poised to cushion the effects of fuel and naira scarcity, the Ogun State Government has announced its readiness to begin the distribution of 400,000 food items to the vulnerable residents of the state.

Making the announcement in a press conference held at the Presidential Lodge on Friday, the state governor, Dapo Abiodun, said the 400,000 food items would be the first phase of the palliatives to be distributed through the newly appointed Social Investment Officers, beginning from Saturday.

He expresses the belief that the social intervention programme would provide the needed succour to the people of the state, especially in the face of the cash crunch and fuel scarcity.

Abiodun while apologizing to the people of the state for the inadvertent hardship and inconveniences the naira swap policy has caused them, appealed to security agencies to handle the situation with more professionalism and deeper maturity.

“We will be distributing the first phase of 400,000 food items through our social investment officers in each LGA to the communities starting from this weekend.

“We hope this social intervention provides some succour to our people. Again, we apologize for the inadvertent hardship and inconveniences this policy has caused all of us.

“Let me also appeal to our security agencies to handle this situation with more professionalism and deeper maturity.

“Indeed, these are trying times for all of us. I appeal to all of us to exercise patience because the much desired relief is around the corner. Let us give peace a chance,” he said.

Governor Abiodun who also reiterated that violence can never resolve issues, called on the people of the state to join hands together with the government to solve the lingering problems, adding that attacking banks or any public facility would not do anybody any good.

While urging the people of the state not to allow unscrupulous elements to take advantage of the challenging times, he noted that the period was a phase which would be defeated.

He disclosed that his administration was working hard to tackle the naira supply challenge, equally said that administration was working around the clock to facilitate the adequate supply of petroleum products to designated filling stations across the state, saying that the result will be seen in the next few days.

Abiodun further said that the Central Bank has assured of adequate supply of money to the money deposit banks in the days ahead, noting that he expected the banks to promptly disburse the money as directed and not divert the money for any other reason.

While warning that his administration would treat any erring banks and bankers as economic saboteurs and will not hesitate to wield the big stick on them, the governor appealed to Royal Fathers, Civil Society Organisations, Youth Organisations, Students’ Bodies, the Organised Labour and Religious Leaders, to help sensitize the people on the need to embrace peace and dialogue in resolving the issues on ground.

“While the CBN has assured that there will be adequate money supply to the money deposit banks in the days ahead, we expect the banks to promptly disburse the money as directed and not to divert or withhold the same for whatever reasons. The government will treat any erring banks and bankers as economic saboteurs and will not hesitate to wield the big stick,” he said.

The governor, however, introduced the new Commissioner of Police, Frank Mba to the people of the state, disclosing that the CP can be reached on a telephone number 07025000383, whenever the need arises.

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FG subsidised 2024 Hajj with N90bn – Shettima

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Vice President, Kashim Shettima, has disclosed that his principal, President Bola Tinubu, subsidised the 2024 Hajj with N90 billion.

He stated this when he represented Tinubu to flag off the inaugural airlift of the 2024 Hajj exercise from Nigeria to the Kingdom of Saudi Arabia at the Sir Ahmadu Bello International Airport Birnin Kebbi on Wednesday.

Shettima urged the intending pilgrims to pray for peace, unity, and progress in the country, urging the intending pilgrims to abide by all rules and regulations of the Kingdom of Saudi Arabia and urged them to avoid any illicit act capable of affecting the integrity of their Hajj.

“Mr president has been committed to this year’s Hajji due to the economic situation, he has also contributed the sum of N90 billion to subsidise this year’s Hajj exercise to have a smooth and successful exercise.

”You may recall that this year, we had a major challenge in announcing the final hajj fare for the 2024 Muslim pilgrimage due to fluctuation in foreign exchange rates.

”President Bola Tinubu also works round the clock to control the downward spiral of our local currency to bring relief to our pilgrims and other Nigerians.

”A move that eventually succeeded in lowering the fare. The President approved the release of N90 billion to subsidised the cost of pilgrimage for this year’s hajj.”

He said that the government of Renewed Hope led by Tinubu attaches immense importance to religious pilgrimage due to the role it plays in transforming behavioral and social vices of the believers beyond performing the pilgrimage.

Earlier in his remarks, the Kebbi State Governor, Dr Nasir Idris, said this year’s Hajji signifies a sacred journey for thousands of devoted pilgrims who embarked on a spiritual voyage to the Holy Land.

He explained further that Hajj is a time to honoured tradition that holds great significance for Muslims around the world.

“It is a journey of faith, devotion, and unity where believers come together to fulfill one of the five pillars of Islam, the pilgrimage to Mecca is a profound experience that fosters a sense of community, humility, and spiritual renewal,” he said

The governor urged the people that they should remember the significance of this sacred ritual, adding that Hajji remained a testament to the unity of Muslim Ummah, transcending geographical boundaries and cultural differences.

“It is a time for reflection, prayer, and seeking forgiveness, as well as an opportunity for personal growth and self-discovery,” he added.

He commended the Federal Government, National Hajji Commission, and those that were involved for their commitment to the successful exercise.

Idris noted with satisfaction that Kebbi was the first state to remit 2024 Hajj fare in Nigeria, adding the intending pilgrims from Kebbi were given special treatment by the present administration to comfort them toward a successful Hajj exercise.

The governor said his administration had spent N900 for infrastructural development of the Hajj Camp in Birnin Kebbi to make it more conducive for the intending pilgrims

In his remarks, the NAHCON National Chairman, Alhaji Jalai Ahmad Arabi, thanked the President and Kebbi governor for their support and cooperation towards the success of this year’s Hajji exercise.

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FG revenue inflow hits N318.5bn in Q1 – AGF

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The Federal Government has announced N318.5bn revenue inflow in the first quarter of 2024, the Accountant General of the Federation, Mrs Oluwatoyin Madein disclosed on Wednesday in Abuja.

Madein stated this while briefing members of the House of Representatives Committee on Finance, on the revenue performance of the various agencies of government in the first quarter of 2024.

Represented by the Director, Revenue and Investment in the Office of the Accountant General, Maiden, noted that the 2024 fiscal year would be exceptional in terms of revenue generation, owing to the policies of the President Bola Tinubu-led government.

She said, “Reconciliation is still being done but the total revenue inflows to the Federal Government for January to March amounts to N318.5bn as against a total budget of 2.691tn.

“For the budget, the bottom-up cash planning policy is on course and the 2024 budget is going to be implemented via that policy. Officers have been retained and sensitization is ongoing to ensure that Ministries, Departments and Agencies are well equipped on the modalities and conditionalities.”

Also speaking, the Chief Executive Officer, Ministry of Finance Incorporated, Armstrong Takang, who also briefed the lawmakers, disclosed that some agencies under MOFI have so far declared dividends of N101bn.

Takang said, “So far, we have received dividends declared by some companies. But for many others, their reports are either being prepared and have not been completed or have been completed but they have not gone to their boards for approval and subsequently the Annual General Meeting. As such, we cannot use the number of their dividends until that has been done based on the corporate governance rules.

“Based on the number so far, it is about N101 billion from the entities we have identified. We continue with other entities whose dividends have not been paid to ensure we go through the process of them passing it at the board level and the AGM before the figures are sent to us and the money rendered to the treasury.”

The Chairman of the Committee, James Faleke, in his intervention, directed all the agencies under MOFI to furnish the parliament with their annual report for the past 10 years.

According to him, “All organisations under MOFI should produce their annual report for the past 10 years and the dividend that ought to have been paid, what ought to have been paid, and what was paid by each of the agencies, and of course evidence of payments.”

Earlier, Faleke who represents Ikeja Federal Constituency, Lagos State, explained that the session was in in line with the oversight function of the committee to ensure that the revenue targets of the various agencies in the 2024 fiscal year are met.

“We have to ensure that those estimates are met. The appropriation has become a law and so the revenue that you are proposing to generate in the year, we take it upon ourselves to do it every quarter to measure your performance.

“We want to ensure that revenue activities from January to March are in line with your appropriation. When you are giving us your figure, you tell us what the figure was expected for the generation and what you have achieved,” he added.

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Senate seeks states, FCT’s involvement in selection of airlines for Hajj pilgrims

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The amendment bill also seeks for the involvement of States Muslim Pilgrims’ Welfare Boards in feeding of pilgrims in Madina and Masha’ir under regulation of NAHCON.

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