News
Niger proposes N128.10b people’s budget for 2018 fiscal year
BY MAIRIGA Juliana, Minna
Governor Abubakar Sani Bello of Niger state has presented a budget estimate of, N128.10 billion for the 2018 fiscal year against the current year’s N108, 074, 298, 251. 00 to the State House of Assembly
The next years’ budget which surpassed that of 2017 by about N19 billion higher has a Statutory allocation at N57, 610, 992, 019, Value Added Tax (VAT) N9, 890, 656, 457, Internally Generated Revenue (IGR), N11, 650, 465,457, Capital receipts N35, 854, 489, 391, Paris Club Refund N10 billion while Returns from Pensions is N3 billion.
From last years’ ‘Budget of Consolidation to The Peoples’ Budget’, Governor Bello said implementation of the budget will be more of community participation based, all inclusiveness and as well, responsiveness to the yearnings and aspirations of Nigerlites.
Total projections for the 2018 proposed budget, according to Governor Bello is, N128, 010, 602, 977 which is more than the 2017 approved budget by N19, 996, 304, 726 approximately, 16.62 percent between the previous and present budget proposal.
Governor Bello also told the legislature that the 2018 estimated budget will be guided by resources projections to be generated from traditional sources of income and not dependent on monies from the federal allocations.
The 2018 budget would be generated through statutory allocations; of N57, 610, 992, 099, VAT of N9, 890, 656, 457, IGR of N11, 650, 465, 457, Capital Receipts of N35, 854, 489, 391, Paris Club Refund of, N10 billion and N3 billion Refund from Pension Administrators.
The document before the legislature, Bello said comprises, recurrent expenditure of N52, 151, 626, 082 which is 40.74 per cent of the total budget. With Personnel Cost put at N91, 016, 961, 635, Consolidated Funds charges of N9, 743, 464, 447 and Overhead Cost of N11, 391, 200.
While capital expenditure stands at, N75, 858, 976,895 or 59.26 percent of the total budget size, a breakdown of the total package is as follows; Administration, N9, 944, 734, 640, Economic N44, 132, 945, 270, Social N20, 471, 296, 985 while the sum of N1, 310, 000, 000 has been earmarked for Law and Justice within the year under review.
Governor Sani-Bello further explained that the 2018 budget is unique when compared to that of the current year because it is not only demand-driven but anchored on the expressed needs of the government and people of Niger state.
Speaker Niger State House of Assembly, Hon. Ahmed Marafa in his remarks assured the Governor of continued cordial working relationship between the executive and legislative arm of government in the state and promised to ensure early passage of the bill.
Investigations by Nigerian Concord Newspaper reveal that the Executive Secretary of the Nigerian Shippers Council, Mr. Pius Akutah, has allegedly misappropriated public funds for a lavish lifestyle.
According to our findings, within months of assuming office, Akutah allegedly purchased a bulletproof SUV valued at approximately N850 million. In addition, he is reported to have acquired over twenty exotic SUVs for use as a convoy.
Akutah is also said to have acquired multiple high-value properties, including three in Abuja’s Maitama and Asokoro districts worth over N2 billion, and two in Lagos’ Banana Island valued at N1.8 billion. These acquisitions appear far beyond the scope of his official salary and allowances.
Further investigation suggests that Akutah may be using public funds to support political ambitions, including allegedly grooming militants across 23 local government areas in Benue State for a potential 2027 gubernatorial bid.
Staff of the Shippers Council reportedly claim that Akutah frequently accesses the council’s treasury without proper authorization. Some insiders have indicated that a petition will soon be filed with the EFCC, ICPC, and the Presidency to report his alleged misconduct.
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Investigations by Nigerian Concord Newspaper reveal that the Executive Secretary of the Nigerian Shippers Council, Mr. Pius Akutah, has allegedly misappropriated public funds for a lavish lifestyle.
According to our findings, within months of assuming office, Akutah allegedly purchased a bulletproof SUV valued at approximately N850 million. In addition, he is reported to have acquired over twenty exotic SUVs for use as a convoy.
Akutah is also said to have acquired multiple high-value properties, including three in Abuja’s Maitama and Asokoro districts worth over N2 billion, and two in Lagos’ Banana Island valued at N1.8 billion. These acquisitions appear far beyond the scope of his official salary and allowances.
Further investigation suggests that Akutah may be using public funds to support political ambitions, including allegedly grooming militants across 23 local government areas in Benue State for a potential 2027 gubernatorial bid.
Staff of the Shippers Council reportedly claim that Akutah frequently accesses the council’s treasury without proper authorization. Some insiders have indicated that a petition will soon be filed with the EFCC, ICPC, and the Presidency to report his alleged misconduct.
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I am writing to felicitate with Your Excellency, Atku Abubakar, GCON, former Vice-President of Nigeria (Zege Mule u Tiv & Wazirin Adamawa)
on the occasion of your 79th birthday anniversary.
I join your teeming admirers globally in celebrating you on this special day, an adorable Statesman and my Boss.
I recall with nostalgia, how countless generations have benefited from your generosity, wealth of experience and benevolence including being my key benefactor even as a young lawyer for my professional success.
Your Excellency, may your special day be filled with grandeur befitting your illustrious career.
I wish you continued success, prosperity, and an unending stream of accolades.
It takes a remarkable kind of fortitude to remain active in public life well into one’s golden years. Your dedication and patriotism remain truly exceptional.
May you enjoy a day of reflection on your many years of fruitful service to humanity. It is my prayer that God Almighty grants you many more healthy, fruitful, and fulfilling years ahead, and continues to endow you with wisdom, strength, and the grace to keep contributing to our nation-building.
Happy Birthday, Your Excellency.
Michael Kaase Aondoakaa SAN.
Former Attorney General of the Federation and Minister of Justice
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