Coalition of Northern Groups backs calls for amnesty for bandits ripplesnigeria.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ripplesnigeria.com Daily Mail and Mail on Sunday newspapers.
EX-Militants of the defunct Bakassi Strike Force (BSF) have called on Federal Government to absorb them into its ongoing amnesty programme.
The former militants, who surrendered their arms in November 2018 to Federal Government through the military and embraced amnesty, said there was need to engage them in the amnesty programme and compensate them for the sacrifice they made for peace to reign. x
One of the defunct BSF Commanders, Victor Benjamin, who made the call at the weekend, while receiving bags of rice as COVID-19 palliative from the Ministry of Niger Delta, said: “The situation is very sad and needs to be arrested. The Federal Government should take over the situation so that generations yet unborn wouldn’t choose the path of arms struggle.
• Official links contract variation to inflation, FX crisis
Undue delay occasioned by bureaucracy and poor funding in the execution, rehabilitation and reconstruction works on critical roads in the country has cost the Federal Government at least N679 billion, an investigation has revealed.
The East-West road comes tops with N515 billion; Lagos-Ibadan N144 billion and Sagamu-Benin road comes third with N20 billion
An official of the Ministry of Works and Housing said the losses arose from contract variation, inflation and foreign exchange fluctuation. x
Consequently, the government might end up spending the sum of N1.093 trillion on the 127.621km Lagos – Ibadan Expressway, the 181km Sagamu-Benin and the 675 km East-West roads, as against their original costs when they were separately flagged-off.
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Chairman, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Chief Elias Mba, has proposed the redistribution of revenue accruing into the 13 percent Derivation Fund Account by ceding 40% of the fund to Host Community Development Trust Fund in the proposed Petroleum Industry Bill (PIB) being considered by the Senate and House of Representatives.
In his paper presented to the Ad-hoc Committee on Petroleum Industry Bill (PIB), Chief Mba who frowned at the flagrant breach of the extant financial regulations observed that out of the total sum of N2.999 trillion accrued from mineral resources into the federation account, the sum of N389.418 billion was set aside as 13 percent Derivation disbursement to the oil and gas producing states for 2020 fiscal year.
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Before transmitting the 2021 budget to President Muhammadu Buhari, the National Assembly added several controversial projects, as well as increased and slashed the budget of some ministries, departments and agencies (MDAs), a PREMIUM TIMES appraisal of the budget has shown.
The 2021 budget proposed by President Buhari to the lawmakers was N13.08 trillion. But upon passage, federal lawmakers used their legislative powers over the budget to up the bill to N13.6 trillion, an increment of over N500 billion.
By this increase, the legislators made the proposal larger than the actual estimates. They also inserted new, controversial projects to the budget, numbering over 1000.