“NO ELECTRICITY, NO VOTE,” SOUTH AFRICANS THREATEN TO SHUN RULING PARTY ANC. (PHOTO)

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 “No electricity, no vote,” South Africans threaten to shun ruling party ANC Residents in Katlehong, a township outside Johannesburg, have resolved to boycott South Africa's upcoming local elections on November 4 due to long-standing failures by authorities to provide basic services like electricity. For over 20 years, around 180 households in the community have relied on illegal electrical connections pulled from neighboring areas to power their homes. Angry over the lack of formal grid infrastructure, residents are directing their frustration at the ruling African National Congress (ANC). "We have made a collective decision: no electricity, no vote," said community leader Lesiba Rankapole, 59. "We know it is illegal, but we had no choice because we cannot live without electricity. Our children cannot progress without electricity." "I was born ANC, but today I do not want anyone to tell me about the ANC because I am suffering," added 57-year-old resid...

FAKE NEWS IN CIRCULATION ABOUT THE 13% OIL MINERAL DERIVATION REVENUE RECEIVED BY ANAMBRA STATE.(PHOTO).#PRESS RELEASE.


PRESS RELEASE:

The attention of Anambra State Government has been drawn by well-meaning Ndi Anambra and fellow Nigerians to several false and misleading stories circulating on some social and online media platforms about the 13% Oil Mineral Derivation Revenue received by Anambra State.

This Press Release is deemed necessary in the public interest, in the spirit of full disclosure and in line with our principle of transparency, to address the deliberate misinformation and provide Ndi Anambra and the general public with the correct state of affairs.

1. The proviso to S.162(2) of the 1999 Constitution (as amended) of the Federal Republic of Nigeria provides that the principle of derivation shall be constantly reflected in any approved formula determined by the National Assembly for revenue allocation from the Federation account and such derivation shall not be less than thirteen per cent of the revenue accruing to the Federation directly from any natural resources.

2. Following a decade of hard work by industry experts from Anambra State in collaboration with past administrations, Anambra State was officially recognised as a petroleum-bearing and Oil-producing State on July 27, 2021 by the Revenue Mobilization Allocation and Fiscal Commission at its 139th Plenary Session held on that date. The current administration of Prof Charles Chukwuma Soludo, CFR, took up the mantle from there with massive follow up and collaborative initiatives with relevant Federal Government Agencies to achieve the eventual implementation of the decision.

3. Anambra State officially started receiving mineral derivation revenue from the Federation Account in the month of July 2022 with the first net receipt of N268,232,939.16 (Two Hundred and Sixty-Eight Million, Two Hundred and Thirty-Two Thousand Nine Hundred and Thirty-Nine Naira and Sixteen Kobo only).

4. Ndi Anambra and the general public are therefore enjoined to disregard any other information about the amount of mineral derivation revenue received by Anambra State circulating in the social media, online media or any other media whatsoever and consider such information as FAKE NEWS.

Signed.
Ifeatu Onejeme
Commissioner for Finance
Anambra State

 

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