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FG, States, LGs receive N725.5bn revenue in March

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The Federation Accounts Allocation Committee (FAAC) says it has shared a total of N725.5 billion as Federation Account revenue for March to the Federal Government, states, and local government areas.

FAAC, in a communique issued at the end of its virtual meeting for April held on Wednesday, explained that the N725.571 billion total distributable revenue comprised distributable statutory revenue of N521.169 billion and the distributable Value Added Tax (VAT) revenue of N204.402 billion.

In March 2022, the total deductions for the cost of collection were N44.411 billion, and the total deductions for statutory transfers, refunds, and savings were N382. 826 billion. The balance in the Excess Crude Account (ECA) was $35.372 million.

The communique also confirmed that from the total distributable revenue of N725.571 billion, the Federal Government received N277.104 billion, the State Governments received N227.201 billion and the Local Government Councils received N167.910 billion.

A total of N53.356 billion was shared with the relevant States as 13 per cent derivation revenue.

Gross statutory revenue of N933.304 billion was received for the month which was higher than the N429.681 billion received in the previous month by N503.623 billion.

The sum of N35.631 billion cost of collection and N376.504 billion being amount for transfers, refunds, and savings were deducted from the N933.304 billion gross statutory revenue, resulting in the distributable statutory revenue of N521.169 billion.

From the N521.169 billion distributable statutory revenue, the Federal Government received N246.444 billion, the State Governments received N125.000 billion and the Local Government Councils received N96.369 billion.

The sum of N53.356 billion was shared to the relevant states as 13 per cent derivation revenue.

In the month of March 2022, the gross revenue available from the Value Added Tax (VAT) was N219.504 billion.

This was higher than the N177.873 billion available in the month of February 2022 by N41.631 billion.

The sum of N6.322 billion allocation to NEDC and N8.780 billion cost of the collection were deducted from the N219.504 billion gross Value Added Tax (VAT) revenue, resulting in the distributable Value Added Tax (VAT) revenue of N204.402 billion.

From the N204.402 billion distributable Value Added Tax (VAT) revenue, the Federal Government received N30.660 billion, the State Governments received N102.201 billion and the Local Government Councils received N71.541 billion.

According to the communique, in the month of March 2022, Petroleum Profit Tax (PPT), Oil and Gas Royalties, Import and Excise Duties, Companies Income Tax (CIT), and Value Added Tax (VAT) all recorded tremendous increases.

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Oseni supports Ibadan mosque solar project with ₦5m

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Engr. Aderemi Oseni discussing with the leaders of the Anfaani Muslim Community Central Mosque during his visit on Friday

Member of the House of Representatives representing Ibarapa East/Ido Federal Constituency, Engr. Aderemi Oseni, has donated ₦5 million to the Anfaani Muslim Community Central Mosque in Ibadan South-West Local Government Area for its solar power project.

‎Oseni, who also chairs the House Committee on Federal Roads Maintenance Agency, (FERMA), made the donation on Friday, according to a statement issued  by his media aide, Idowu Ayodele.

‎The lawmaker, who is the All Progressives Congress, (APC), Senatorial Candidate for Oyo South Senatorial District in the 2027 general elections, described the gesture as a reflection of his commitment to service, faith, and community development.

‎He said supporting faith-based institutions remained a privilege that should be embraced with humility.

‎“I had the honour and privilege of supporting the Anfani Muslim Community Central Mosque with the sum of ₦5 million towards the execution of its solar power project,” Oseni said in the statement.

‎The APC senatorial candidate for Oyo South stressed that service to humanity and support for religious institutions were responsibilities that come with divine trust.

‎He added that every opportunity to contribute meaningfully to society should be valued.

‎“It is always a blessing and a profound responsibility to contribute to the work of God and support initiatives that strengthen our faith communities,” he said.

“Whenever we are presented with the opportunity to uplift institutions devoted to worship and communal development, we must embrace it with sincerity and gratitude”, the statement added.

‎Oseni noted that acts of service should not be neglected, adding that God could raise others to fulfil His purpose if one failed to act.

‎He prayed for continued peace, progress, and prosperity across communities, expressing optimism that religious institutions would remain pillars of moral and social development.

“May Almighty God continue to strengthen His church and mosque, bless our communities with peace, and prosper every effort geared towards the advancement of faith and humanity,” he prayed.

‎Speaking during the visit, the Chief Imam of the Central Mosque, Alhaji Saheed Gbadamosi, appreciated the lawmaker for the support and for personally visiting the mosque, describing the gesture as a mark of respect for the Muslim community.

He offered prayers for the lawmaker, seeking divine guidance, protection and greater accomplishments in his public service.

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Police arrest man for fake kidnapping, banditry video in Ogun

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The Ogun State Police Command has arrested a man, Johnson Elleh, for allegedly producing and circulating a viral video falsely claiming the presence of kidnapping and banditry activities along the Owode-Idiroko axis of the state.

The command said preliminary findings showed that the suspect deliberately fabricated and shared the misleading content to attract public attention and generate online engagement.

The state Police Public Relations Officer, Oluseyi Babaseyi, disclosed this in a statement issued on Thursday and made available to journalists in Abeokuta.

According to Babaseyi, the command immediately launched an investigation after the video surfaced online, subjecting its contents to scrutiny to verify the claims.

He said the findings revealed that the video was false, misleading, and intentionally crafted to trigger fear, panic, and anxiety among residents.

“Findings revealed that the video was false, misleading, and deliberately designed to create fear, panic, and anxiety among members of the public,” the statement read.

The police spokesperson stated that extensive verification further confirmed that no incident of kidnapping or banditry occurred in the Owode-Idiroko corridor or surrounding communities as portrayed in the viral clip.

He added that detectives later identified the suspect after discovering that he featured in the video, leading to his arrest.

“Further investigation revealed that the suspect was featured in the video and was subsequently identified by detectives, leading to his arrest,” Babaseyi stated.

He explained that the suspect’s action was capable of causing unnecessary public tension, disrupting social order, and eroding confidence in the state’s security system.

“During the course of the investigation, the suspect reportedly confessed to intentionally creating and disseminating the misleading content to generate online engagement and public reaction,” he added.

While noting that investigation into the matter was ongoing, the command said Elleh would be charged to court at the conclusion of the probe.

The police command strongly condemned the spread of fake news, false security alerts, and other forms of misinformation capable of creating fear and confusion among law-abiding citizens.

It warned individuals and groups against publishing, recirculating, or disseminating unverified security-related information, stressing that such acts threaten public peace and would attract legal consequences.

“The Command will continue to identify, arrest, investigate, and prosecute all persons found culpable, irrespective of status or motive,” the statement added.

The police, however, reassured residents that Ogun remained safe, peaceful, and secure, urging them to remain calm and rely only on verified information released through official channels.

“The Command remains steadfast in its commitment to protecting lives and property and maintaining public order across the state,” Babaseyi concluded.

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Oseni mourns ex-Oyo lawmaker Akeem ‘Able’, says Oyo APC has lost loyal progressive

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The lawmaker representing Ibarapa East/Ido Federal Constituency in the House of Representatives, Engr. Aderemi Oseni, has mourned the death of a chieftain of the All Progressives Congress (APC) in Oyo State and former member of the Oyo State House of Assembly, Hon. Akeem Abimbola Oladipupo, popularly known as Able, describing his demise as a painful loss to the progressive family.

Oladipupo, who represented Ibadan North-West Constituency in the Oyo State House of Assembly, was widely regarded as a grassroots politician and committed party loyalist until his passing.

Oseni, who is also the Chairman, House Committee on Federal Roads Maintenance Agency and the APC candidate for Oyo South Senatorial District, said the late politician’s death had created a vacuum within the party and among those who benefitted from his unwavering commitment to public service.

In a condolence statement issued on Monday by his Media Aide, Idowu Ayodele, and made available to journalists in Ibadan, the Oyo State capital, the federal lawmaker described the late Oladipupo as a dependable progressive, humble political actor and loyal party stalwart whose impact would remain indelible.

He said the deceased dedicated his life to serving humanity, strengthening the progressive movement and supporting the aspirations of many at the grassroots.

Oseni said, “The death of Hon. Akeem Abimbola Oladipupo (Able) came to me as a rude shock. Oyo State and the progressive family have indeed lost a committed, loyal and selfless leader whose passion for service, humility and dedication to the people stood him out.

“He was not just a politician but a bridge-builder, a dependable ally and a grassroots mobiliser who believed strongly in the ideals of our great party. His contributions to the growth of the APC in Oyo State and his service to humanity will remain unforgettable.”

The APC senatorial candidate noted that the late former lawmaker remained steadfast in promoting peace, unity and political development, adding that his simplicity and accessibility endeared him to many across political divides.

According to Oseni, the late politician’s legacy of service and sacrifice would continue to inspire younger politicians and party faithful.

He, however, urged members of the APC, associates and family members of the deceased to take solace in the remarkable life he lived and the positive impact he made during his lifetime.

Oseni also prayed for the repose of the deceased’s soul and for God to grant his family the fortitude to bear the painful loss.

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