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Subsidy removal: Govs plan cash transfers to poor households, dump Buhari’s list

The National Economic Council comprising 36 state governors and Vice President Kashim Shettima has concluded a plan for state governments to implement cash transfer programmes using state-generated social registers.
It said states-generated social registers would better reflect the number of vulnerable Nigerians to be reached with such cash transfer or palliative scheme.
This came on the heels of the plan by the government to roll out its intervention measures to cushion the effects of the hardships facing Nigerians, following the removal of the controversial fuel subsidy.
At its last meeting, the NEC had set up a sub-committee, which was tasked with coming up with plans to reduce the harsh economic conditions trailing the removal of fuel subsidy and the unification of the exchange rates.
“It is states that are better positioned to do that enumeration to ensure the integrity of the social register,” the Governor of Ogun State, Dapo Abiodun, told State House correspondents after the NEC meeting chaired by vice president at the Aso Rock Villa, Abuja on Thursday.
Abiodun spoke alongside the governors of Anambra State, Prof. Charles Soludo; Bauchi State, Bala Mohammed; and Acting CBN Governor, Folashodun Shonubi.
He said states-generated register “is aimed at enhancing the integrity and reliability of the National Social Register and ensuring that resources go to the intended beneficiaries.”
However, the decision to adopt state-generated cash registers means the governors are dumping the existing National Social Register, which as of 2023, has captured over 61 million vulnerable Nigerians eligible for various government social programmes.
He explained, “We also proposed that each state begin to plan towards implementing a cash transfer programme based on their social register of the states.”
The NEC also proposed the implementation of a six-month cash award policy for all public servants.
The six-month cash award policy, Abiodun said would allow sub-national entities to pay their public servants a prescribed amount of cash monthly.
The implementation of the CAP would be based on the individual capacity and priority of various states, he said.
He said, “It was prescribed that it should be implemented for six months in the first instance. And you’ll be wondering why six months.
“The idea is that as much as we’re also particular about ameliorating the pains of our people immediately, a lot of sustainable measures are being put in place and it’s our hope that within now and the next six months, those sustainable measures would have begun to be visible. And then we can begin to taper down on these cash awards.
“These would be funds that will be placed in the hands of civil servants that will be tax exempt,” he explained.
Disclosing the feedback of the subcommittee from its last meeting to journalists, Abiodun said NEC explained the importance of the proposed Cash Award Policy for civil servants, payment of outstanding liabilities to civil servants, and providing Micro, Small and Medium Enterprises with single-digit interest rates to support business growth, amongst others.
Meanwhile, justifying the need for states-generated social registers, the Anambra Governor said the existing version compiled by the Buhari administration lacks the integrity to form the basis of the government’s intervention.
“There’s a big question mark about the integrity of the so-called National Social Register. We have questions about how those names in the register were brought about and I’m sure one question I hear asked is whether it is for the most vulnerable group.
“Now, in thinking through that, we felt that sitting in Abuja and calling on somebody in Anambra to compile a list and send it to you and then the person, depends on who he brings, and the registers are generated and people go to those villages and ask where those people are and they don’t show up,” Soludo said.
The former CBN governor, who called for stress testing as a means to generating a credible register said, “If you are delivering any such national or federal programme from Abuja, it needs to be delivered via the governments that are there using their format and mechanisms to generate the comprehensive register.
“That meets certain criteria, that you can stress test and you can call out the people in the village and everyone will confirm that these are the vulnerable people if you are targeting vulnerable people, as it were.”
“So the integrity test is what is missing with that register. Many have just described what is being counted as National Register as bogus; some describe it as a phantom, some in all manner of terms,” Soludo added.
On the amount to be doled out under the cash transfer programme, the Anambra State governor said there would be no uniform figure as it would depend on the capacity of respective states.
He said state governments with outstanding salaries and allowances to pay must prioritise clearing the backlog instead of implementing cash transfers.
Soludo explained, “There is quite some fiscal surplus that will come to the states, local governments, and federal government.
“And we’ve suggested that it will be nice that you can implement cash transfers, subject to your financial capacity. Some might be able to do one; some might be able to do 10; some might be able to do 20, as the case may be. It depends on their capacity.
“There may be states that are not even able to do that now. For example, suppose you have a state where salary arrears of workers have been owed for three years or four years. In that case, the priority now is to start paying down some of the salary arrears or where pensioners have been owed their pension and gratuity for several years.”
He added that the NEC proposed negotiating a new minimum wage as part of medium and long-term strategies.
Soludo also debunked notions that the Federation Account Allocation Committee would share N1.96tn to the three tiers of government in July 2023, saying the amount accrues to N900bn.
He said, “Contrary to the widely reported news item that FAAC was going to destroy about N1.9tn or N2tn and so on trending, I think it is one of the ways to moderate the possible impact of the shock on the system to distribute I think barely just N900bn of that. And so it’s not the N2tn that people have been saying.”
On his part, the Bauchi State governor, Bala Mohammed, said that the Federal Government would distribute 252,000 metric tons of grains to states at a subsidised rate. This is as the Council backed the planned distribution of grains, fertiliser starting July 24.
“In terms of the quantity of grains that will be distributed, I’ve just conferred with the Acting CBN governor. They have more than 252,000 metric tons of grains and almost an equivalent number of bags of fertilisers that will be distributed within the timeframe (of six months),” he said.
Mohammed explained that the National Emergency Management Agency made its package available to Nigerians.
Also speaking, the acting CBN governor, Folashodun Shonubi, said the Federal Inland Revenue Service briefed the council and announced that it had exceeded its half-year target and plans to generate N25tn in 2024.
Shonubi said, “The Chairman of the Federal Inland Revenue was making a presentation on what they have done so far, the level of collections. It was nice to know they are ahead of their target for half-year. And we expect that before or by the time the year ends, they would exceed.
“They also gave us some idea of what next year should be like from them. And from this year, we hope to make some N10tn.
“It is planning that next year, we should be able to, working with all the agencies, provide N25tn as their contribution to the national coffers.”
The council also proposed an immediate implementation of energy transition plants, converting mass transit buses to Compressed Natural Gas with a long-term vision to establish electric automobile plants
It urged all tiers of government to be responsive to the people’s sufferings and address the rising cost of governance while balancing investment and consumption.
News
Ekiti Airport targets 24-hour flight operation, says Gov Oyebanji

….Says Ekiti economy has improved significantly under his watch
Ekiti State Governor, Mr Biodun Oyebanji has revealed that efforts are in place to ensure the Ekiti Agro-Allied International Cargo Airport runs 24-hour operation, in a bid to make the route competitive.
The Governor also expressed delight that the economy of the state has recorded significant improvement in the past two-and-a-half years, promising to do more in order to ensure a more sustainable development of the state and better living standard for the people.
Governor Oyebanji who stated these on Monday night during the March edition of his monthly media chat, “Meet Your Governor”, said his government intends to make the Ekiti Airport a major hub, as well as a major driver of the economy, attracting more investors to the state and boosting the economic capacities of the citizens.

He explained that his administration has entered into discussions with three major airlines in the country to commence commercial flights at the airport, facilitate air travel, tourism development, more investment and transportation of cargoes and export of farm produce to local and international destinations.

While expressing optimism that at least two of the airlines would operate flights to and from the airport, Oyebanji said his administration also hopes to make the route competitive by working hard to install Instrument Landing System (ILS) that will enable the operation of 24-hour flights in the airport.
The Governor said: “The issue is to make the route profitable and competitive for airlines and if the route is profitable, they will bring their planes. Part of what we are doing is to make it an airport of choice and by next year, they will be able to run Hajj and (Christian) pilgrimage.

“To make it an airport of choice, we must put a structure that guarantees 24-hour landing.
There is what we call Instrument Landing System (ILS) which enables night operations and also enables planes to land in extreme weather.
ILS as at today will cost close to N4.6 billion but we are determined to get it done.
“We are determined that before the end of this year, we will install ILS at the Ado Airport.

If we are able to do that, it will be the second airport in Southwest after Lagos Airport that has such a facility so that aircraft can land at night. We are also talking to a vendor that will provide a hangar for airport services, so it’s a whole gamut of transaction that is going on.
“The Governor also disclosed that a cargo shed is being constructed at the airport to serve as storage facility for farm produce and cash crops. He commended the Senate Leader, Senator Opeyemi Bamidele for facilitating its inclusion in the budget.
The Ekiti Agro-Allied International Cargo Airport was given approval for non-scheduled flight operation for six months last December. Governor Oyebanji who said expressed optimism that the airport would be one of the most competitive by the time it commences commercial operations.
Speaking further, Governor Oyebanji identified some indices of economic growth witnessed under his administration to include springing up of more businesses in the state made possible by an enabling environment for them to flourish, improved internally generated revenue and receipts from the Federation Account, as well as adequate protection of lives and property.
The Governor who disclosed that the state’s Internally Generated Revenue (IGR) have moved from about N600 million monthly to over N2 billion monthly, attributed the feat partly to the fact that more residents are now encouraged to pay their taxes, having seen evidence of the government’s effective utilization of proceeds of the taxes in every part of the state.
He explained that his administration has not restricted development strides to only Ado-Ekiti, the state capital, as it is being speculated in some quarters, noting that virtually all parts of the state including the rural areas have been touched.
He also expressed readiness to keep on working for the people of the state till his last day in office, stressing that he wont be distracted by on going politicking.
Speaking on the state of the treasury, Oyebanji said what the state government and local governments receive monthly are not hidden as they are published by the office of the Accountant General noting that they vary from one month to the other.
He emphasized that his administration does not tamper with the local government funds as the State House of Assembly has an enabling law with established the Joint Account Allocation Committee (JAAC) with the monies for the councils coming directly into the account from the Central Bank of Nigeria (CBN).
While noting that he does not get involved in how the funds are shared, the Governor pointed out that he only monitors the projects the council chairmen execute with the funds to ensure that they are in line with the needs of the people and they such projects are satisfactory.
News
Kogi State enforces ban on rallies, public gatherings amidst riding security concerns

In view of the growing security concerns in Kogi State, the government has announced a ban on all forms of rallies or public gatherings that have the potential to disrupt public peace.
According to a statement on Monday by the Kogi State Commissioner for information and Communication Kingsley Fanwo, the decision comes after reports of planned violent rallies disguised as political and religious agitations surfaced.
The Commissioner averred that the state government has taken proactive measures to prevent any form of security breach that could destabilize the peace and security of the state.
Explaining further, Fanwo said “With recent incidents in various local government areas, including clashes in communities and tensions rising due to planned rallies, the government has deemed it necessary to implement stricter security measures.
“The ban on public gatherings includes suspending all fishing activities in Kogi Local Government Area until peace is completely restored after recent clashes resulted in the loss of lives.
Additionally, security operatives have been deployed to affected areas to restore calm and implement the directive.
“Furthermore, in Ankpa Local Government Area, communal clashes between Ika-Odele and Ika Ochala are threatening the peace in Kogi East. Security personnel have been deployed to the area to calm the situation and avert further loss of lives and property.
“The ban on rallies and public gatherings applies to all individuals, groups, or organizations within the state until further notice. The government acknowledges citizens’ constitutional rights to express themselves but emphasizes that security considerations must take precedence for public safety.
“The state government has also directed that any individual or group entering Kogi State with a convoy of security personnel must obtain prior clearance from state commands to prevent unauthorized movements and ensure the presence of duly accredited security agents.
“To ensure strict enforcement of these measures, the State Security Adviser has been tasked to work closely with all security agencies and maintain high alertness to prevent any breakdown of law and order”.
Fanwo added that the government urged residents to remain law-abiding, vigilant, and cooperative with security agencies to guarantee the safety and well-being of all citizens.
“With the Chief Servant of Kogi State leading efforts to protect lives and property and maintain peace and stability in the state, residents are encouraged to report any suspicious activities or movements to the appropriate security authorities.
The government reassures the public that any attempt to undermine the peace and security of Kogi State will be met with the full force of the law.
“By implementing these measures and collaborating with security agencies and community leaders, the Kogi State Government is committed to safeguarding the state and providing a safe environment for all residents” the statement added.
News
President Tinubu congratulates Jim Ovia on admission to the freedom of the city of London

President Bola Tinubu has congratulated the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, on his admission to the prestigious Freedom of the City of London.
Admission to the Freedom of the City of London is an honour bestowed on individuals for their service to the city or for their achievements.
In a press statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, President Tinubu described the honour as a fitting recognition for Mr Ovia’s exceptional contributions to business, innovation, and technology, as well as for his role in shaping Nigeria’s financial landscape and strengthening economic ties between Africa and the rest of the world.
“This honour is a testament to your unwavering commitment to excellence, your pioneering role in the growth of the financial services sector in Nigeria, and your visionary leadership that continues to inspire generations.
As an accomplished entrepreneur and advocate of innovation-driven development, your recognition in the City of London affirms the global relevance of Nigerian excellence and enterprise”, the President stated.
President Tinubu commended Mr Ovia for being a distinguished ambassador of the nation’s private sector and wished him continued success in his endeavours.
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