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Oyo targets N107bn IGR to finance 2017 budget

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The Oyo State Government said the 2017 budget proposal of more than N207bn which was presented to the state House of Assembly was designed not to rely on statutory allocation from the Federation Account.

 While giving the budget analysis, the state Commissioner for Finance, Abimbola Adekanmbi, said the government planned to raise its Internally Generated Revenue to N107.2bn in 2017, adding that such move would liberate the state from hinging its budget on fund from federal allocation.

According to the budget presented by Governor Abiola Ajimobi to the house, N59bn which represents 28.41 per cent of the budget is expected from the federal account. Presently, the state makes N1.5bn from IGR monthly, which amounts to N18bn annually. But Adekanmi said the amount would multiply in multiple folds after the state government realised areas where revenues were being lost over the years.

He said there was no plan to raise tax or impose arbitrary levy on the citizens of the state. He also explained that after holding meetings with the informal sector like traders and transporters in the state, players in the sector had agreed to contribute to the state revenue and ease it of financial difficulties it went through in the past two years.

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He said because there were millions of players in this sector, huge revenue would be realised to finance the budget and rely less on statutory allocation.

Adekanmbi said, “The state government is determined to block financial leakages and review its revenue drive. Lots of revenue can be generated from IGR if properly designed and pursued but we also need the cooperation of the people, which we are sure of getting. The informal sector has suddenly realised that it can help finance the budget and drive the state economy with little contribution from the members. This will amount to huge fund because the sector has large population, more than the formal sector.

“The projection of government is to realise N40bn from the Ministry of Lands, Housing and Urban Development while the Health Insurance Scheme will generate more than N8bn. These are just two of the top 20 revenue generating ministries, departments and agencies of government.”

The commissioner said each market in the state was expected to pay agreed amount to the state coffers monthly, adding from the amount paid, necessary amenities would be provided in the markets.

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Auxiliary: Oyo APC wants NSA, IGP to investigate alleged cover-up by state govt

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A fresh twist has been introduced to the travails of the former boss of the Park Management System (PMS) in Oyo state, Mr. Mukaila Lamidi, popularly known as Auxiliary, as the All Progressives Congress has called on the National Special Adviser, Mallam Nuhu Ribadu, and the Inspector General of Police, Mr. Kayode Egbedokun, to carry out thorough investigation on the various allegations against the suspect to unravel his sponsors and other accomplices.

Lamidi popularly known as Auxiliary was paraded on Thursday at the Eleyele, Ibadan headquarters of the Oyo State Police Command following his arrest by the officials of the Department of State Security last week. The State Commissioner of Police, Adebola Hamzat, told pressmen during the parade that Lamidi would soon be arraigned in court on several charges which included; the murder of one Rahmon which happened in Ibadan in 2021, possession of a large cache of arms and ammunition among other crimes.

In a statement issued today and made available to journalists in Ibadan by its Publicity Secretary, Olawale Sadare, Oyo APC cautioned against selective justice “as could not have committed the heinous crimes all alone and without the sponsorship or support of the powers-that-be in the state in view of the fact that he was not only a chieftain of the ruling party but also an associate of the PDP governor.

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“Arrest and prosecution of Lamidi was long overdue in view of the fact he has always been a thorn in the flesh of the residents of Oyo state and the good people of Ibadanland in particular. It is on this note that we commend the officials of the DSS who eventually got him arrested following a long time of distress calls from his numerous victims. Until recently when the bubble burst between him and Gov. Seyi Makinde, the same man (Lamidi) was untouchable as he got the full backing of the Agodi Government House landlords to run a separate government in the state.

“There is no denying the facts that Lamidi and his vicious gang have violated many innocent people’s rights since May 29, 2019, when Gov. Makinde came into power. Also, it is an established fact that he had in his possession a cache of arms and ammunition which no security agency in the state could boast of. He displayed these weapons at will just like he did on several occasions when he went on political functions and campaigns in the company of Gov. Makinde. There are even claims from certain quarters that weapons meant for the Amotekun Corps in Oyo state ended up in the hands of Lamidi and his gang members.

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“Apart from the 2021 incident in which one Rahmon was killed, Lamidi followed the entourage of the governor to Kogi state, Osogbo in Osun state, Ekiti state, Igangan in Oyo state, and many other places where he used the stockpiled arms and ammunition brazenly since he was under the state cover. The question on the lips of the people is; “why did Gov. Makinde keep Auxiliary so close to the seat of power for four good years only to part ways with him immediately he got his second term mandate?

“Many members and leaders of our great Party (APC) have fallen victims to Mukaila Lamidi’s reign of terror in the past but this cannot make us support selective justice. Both the NSA and IGP should wade into the matter and ensure that a thorough investigation is carried out to unmask those who sponsored or backed Lamidi’s criminal acts in the state. With thorough and unbiased investigation, a lot would be revealed and all those responsible for political violence, thuggery, and brigandage in the state over the last five years would be made to face justice.” Oyo APC stated.

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Insider Claims: Ex-minister Shittu reveals manipulations, fraudulent approvals under Buhari

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Former Minister of Communication, Adebayo Shittu, has made startling claims regarding alleged manipulations and fraudulent activities during the previous administration of ex-President Muhammadu Buhari.

Despite serving as a minister under Buhari’s government, Shittu has voiced concerns over what he perceives as individuals close to the former Nigerian president exploiting their positions for personal gain, resulting in adverse effects on the country’s economy.

In an interview on Tuesday’s edition of Channels Television’s Sunrise Daily, monitored by Mega Icon Magazine, the ex-minister asserted, “Let me tell you, there were a lot of manipulations and we even heard that a lot of the so-called approvals did not emanate from President Buhari.”

He addressed allegations circulating about the previous government resorting to printing money to sustain the economy, stating, “There were a lot of manipulations and fraudulent approvals which did not emanate from the President.”

Shittu remained resolute in his claims, emphasising, “I am telling you confidently that a lot of it did not get his attention.”

He further alleged, “There were a lot of people around the President who exploited their relationship with the President and conspired with the then-CBN governor.”

 

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Putin sworn in for unprecedented fifth presidential term

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In this pool photograph distributed by Russian state agency Sputnik, Russian president-elect Vladimir Putin takes the oath of office during a ceremony at the Kremlin in Moscow on May 7, 2024. (Photo by Alexander KAZAKOV / POOL / AFP)

Russian President Vladimir Putin was Tuesday sworn into office at a lavish Kremlin ceremony for a record-breaking fifth term with more power than ever before.

The 71-year-old has ruled Russia since the turn of the century, securing a fresh six-year mandate in March after winning presidential elections devoid of all opposition.

In his inauguration speech, Putin said that Russia would emerge from the current “difficult” period victorious and stronger, as he took power for a record fifth presidential term.

“We will pass through this difficult, decisive period with dignity and become even stronger,” Putin said at his inauguration ceremony at the Kremlin, attended by an AFP journalist.

“We are a united and great nation,” Putin said in an upbeat speech, to applause from an audience of around 2,500 people including officials and military top brass.

“Together we will overcome all obstacles, achieve everything we have planned, and together we will win,” he said.

He said after being sworn into office that he viewed the presidency as a “huge honour, responsibility and sacred duty”.

The Russian leader vowed to ensure “sustained and stable development, unity and independence of the country”.

Putin thanked soldiers taking part in what Russia calls a “special military operation” in Ukraine, more than two years after it began on February 24, 2022, at a ceremony attended by some of those fighting.

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“We are looking forward confidently,” Putin stressed in his speech, which was aired on national television.

Evoking the country’s “thousand-year history” as he spoke in the Kremlin’s gilded St Andrew’s Hall, the president said that present-day Russians owed a debt to previous generations who achieved “such triumphs that inspire us today”.

He said Russians shared a “firm conviction that we ourselves alone will determine the fate of Russia for the sake of present and future generations”.

Russia is “not refusing dialogue with western states” and is ready to talk about “questions of security and strategic stability”, Putin said, “but only on equal terms, respecting the interests of each other”.

 

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