FG TO PRIORITIZE RESOURCE ALLOCATION IN THE FACE OF LOW OIL PRICES. (PHOTO). #PRESS RELEASE

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 PRESS RELEASE  FG TO PRIORITIZE  RESOURCE ALLOCATION IN THE FACE OF LOW OIL PRICES The Federal Government of Nigeria will pursue diversification of its revenues and adopt greater prudent resource allocation measures to mitigate the impact of low oil prices should it continue, according to Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. Speaking at a meeting with investors during the ongoing IMF/World Bank Spring Meetings in Washington DC yesterday, Mr Wale Edun emphasized that with the recent reforms embarked upon by the present administration, Nigeria is better positioned to deal with global economic uncertainties. The meeting was also attended by the Chairman, Senate Committee on Finance, Senator Mohammed Sani Musa; the Deputy Chairman of the House of Representatives Committee for Finance, Hon. Saidu Musa Abdullahi; the Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso; the Permanent Secretary of the Federal Ministry of Finan...

ANAMBRA GOVT ARRESTS ILLEGAL REVENUE COLLECTORS IN AGUATA,ORUMBA NORTH LGA.(PHOTO).


Anambra State Government Arrests Illegal Revenue Collectors In Aguata, Orumba North Local Government Areas


Anambra State Government has arrested two persons suspected for illegally collecting government revenue at sand beaches in Aguata and Orumba North Local Government Areas.

An Enforcement team of the Anambra State Internal Revenue Service, AIRS, led by the Executive Director in charge of Operations and Other Revenues in the agency, Dr Christian Madubuko 

One of the suspects, arrested around a sand beach in Agulezechukwu, Aguata local government, Mr Cyril Anigbogu said he works for a traditional ruler in the area who he said they pay from 7,000 to 10,000 naira daily from tipper drivers who excavate sand from the beach in that community.

The second person caught in Awgbu community, Orumba North local government, Mr Onyebuchi Obele, said he sells tipper ticket for Anambra State Tipper Association ASTA, through one Mr Jekwu Onyejibe popularly known as "Jekwu Nanka." 

According to him, they account between fifteen and twenty thousand naira each day.

Commenting on the development, Dr Madubuko restated government's resolve to stop all avenues of diverting public revenue.

Dr Madubuko regretted the involvement of some highly placed persons like the custodians of traditional institutions who are supposed to be helping in generating revenue for the development of the state.

The AIRS Executive Director disclosed that Ndi Anambra's complaints against touts and other fraudsters in the guise of revenue collectors is touching the government hence the resolve to root them out completely. 

Dr Madubuko said the litany of development projects lined up by the Soludo administration requires all revenue fronts are effectively harnessed for their implementation.

The Leader of the enforcement team, Mr Chibuzor Chikwendu said that despite Governor Chukwuma Soludo's plea that such revenue windows remain suspended for now, people went ahead to collect and make use of the money on their own.

He said they raided the area because they warned the people times without numbers to hands off but they refused.

 

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