DANIEL DAGA HAS BEEN SENTENCED TO SIX MONTHS IN PRISON BY A NORWEGIAN COURT AFTER BEING FOUND GUILTY OF COMMITTING A SEXUAL ACT WITHOUT CONSENT.(PHOTO).

-
Image
  🇳🇴 Daniel Daga Sentenced by Norwegian Court, Appeals Verdict Molde FK midfielder Daniel Daga has been sentenced to six months in prison by a Norwegian court after being found guilty of committing a sexual act without consent. The Nigerian midfielder joined Molde FK from Enyimba just a year ago as one of the promising young talents to move from the NPFL to Europe. However, Daga has appealed the ruling through his lawyer, meaning the decision is not yet legally final and the case will continue through the Norwegian judicial system. Molde FK have also confirmed that the midfielder will not be included in the club’s matchday squad until further notice while the legal process continues.
Post a Comment

FAAC MEETING: THE FG, STATES AND LGCs SHARE N736.782 BILLION FOR THE MONTH OF OCTOBER 2022.(PHOTO).#PRESS RELEASE.

-




FAAC MEETING

FEDERAL MINISTRY OF FINANCE, BUDGET AND NATIONAL PLANNING.

PRESS RELEASE 


THE FG, STATES AND LGCs SHARE N736.782 BILLION FOR THE MONTH OF October 2022.



The Federation Account Allocation Committee (FAAC), at its Meeting shared a total sum of N736.782 billion to the three tiers of government, as Federation Allocation for the month of October, 2022.

From this stated amount, inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Exchange Gain and augmentation from Non Oil Revenue, the Federal Government received N293.955 billion, the States received N239.512 billion, the Local Government Councils got N177.086 billion, while the Oil producing states received N26.228 billion as derivation, (13% of Mineral Revenue).

The Communiqué issued by the Federation Account Allocation Committee (FAAC), at the end of the meeting, indicated that the Gross Revenue available from the Value Added Tax (VAT) for October 2022 was N213.283 billion which was an increase distributed in the preceding month. The distribution is as follows; Federal Government got N31.992 billion, the States received N106.642 billion, Local Government Councils got N74.649 billion.

Accordingly,  the Gross Statutory Revenue of N417.724 billion distributed was lower than the sum received in the previous month, from which the Federal Government was allocated the sum of N206.576 billion, States got N104.778 billion, LGCs got N80.779 billion, and Oil Derivation (13% Mineral Revenue) got N25.591 billion.

Also, N70 billion Augmentation was distributed to the three (3) tiers of government as follows; the Federal Government received N36.876 billion, States got N18.704 billion, Local Government Councils received N14.420 billion.

In addition, another extra N30 billion Augmentation from Non Oil Revenue was distributed as follows; Federal Government received N15.804 billion, the States got N8.016 billion, while the Local Government Councils received N6.180 billion.

The Communiqué further disclosed that, the sum of N5.775 billion from Exchange Gain was shared thus: Federal Government received N2.707 billion, States got N1.373 billion,  Local Government Councils received N1.058 billion and Derivation (13% of Mineral Revenue)  got N0.637 billion.

It also revealed that Oil and Gas Royalties, Petroleum Profit Tax (PPT) and Import Duty recorded considerable decreases, while Value Added Tax (VAT), and Companies Income Tax (CIT) increased significantly, and Excise Duty increased marginally.

According to the Communiqué, the total revenue distributable for the current month of October was drawn from Statutory Revenue of N417.724 billion, Value Added Tax (VAT) of N213.283 billion, Exchange Gain of N5.775 billion, and N100 billion Augmentation from Non Oil Revenue, bringing the total distributable for the month to N736.782 billion.

However, the balance in the Excess Crude Account (ECA) as at 23rd November, 2022 stands at $472,513.64

Signed:
Phil Abiamuwe-Mowete
D (Information/Press)
Wednesday,  November 23rd, 2022


 

Comments

Post a Comment

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

AMBODE,SOYINKA & OTHERS AT THE OFFICIAL LAUNCH OF LAGOS AT 50 YEARS ANNIVERSARY AGAINST 2017.{PHOTOS}.

-
Image
                Lagos State Governor,Mr Akinwunmi Ambode on friday officially launched the one year long activities to mark the 50 years anniversary of the State which will climax on May 28,2017,just as he said the activities lined up would showcase to the world the unique achievements,culture,heritage and the tourism potentials of the state.Governor Ambode,who spoke at a special children programme tagged ''Vision of the Child'' to officially kick start the one year long activities for the Golden Jubilee of the State,said the celebration was put together to provide historical opportunity to propel the State into unimaginable greatness as well as put it on highest pedestal in the league of the world megacity states.The Governor,who assured that the events would be the biggest celebration in the 50 years history of the state,added that Lagosians should expect nothing short of world class events.He said ''This golden jubilee celebration will show Lag...
Read more