HAJJ 2026: 1600 LAGOS PILGRIMS ARRIVE SAFELY FROM MAKKAH. (PHOTO). #PRESS RELEASE.

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 HAJJ 2026: 1600 LAGOS PILGRIMS ARRIVE SAFELY FROM MAKKAH The 1,600 Lagos pilgrims who participated in the just-concluded Hajj exercise in the Kingdom of Saudi Arabia have all arrived safely to join their respective families. The safe arrival of the last and final batch of 187 pilgrims on Saturday marked the conclusion of the 2026 Hajj operations. Speaking to journalists at the tarmac of the Murtala Muhammed International Airport, Ikeja, the Amir-ul-Hajj and State Commissioner of Home Affairs, Ibrahim Layode said that the spiritual exercise was a success for Lagos State. The Commissioner who attributed the success to the exemplary conduct of the pilgrims while in the Holy Land maintained that the State also made adequate arrangements by engaging critical stakeholders ahead of the journey. "We give all Glory to Almighty God for the successful completion of this year's Hajj journey to the Kingdom of Saudi Arabia and I want to say that it was a success achieved through teamwork a...
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FEDERATION ACCOUNT ACCRUES N5.2TR FROM JAN-JUNE 2023.(PHOTO).

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Federation Account Accrues N5.2tr From Jan–June 2023

The Revenue Mobilisation Allocation And Fiscal Commission (RMAFC) says that a total sum of N5.2 trillion has accrued into the Federation Account for the period January to June 2023.

This is as captured in the monthly report to the Federation Account Allocation Committee (FAAC) by the Central Bank of Nigeria (CBN).

In a press statement signed by the RMAFC Chairman, Mohammed Bello Shehu, the Commission says that out of the total gross revenue inflows into the Federation Account, the sum of N627 billion was NNPCL JV Petroleum Profit Tax (PPT) due, captured and recorded by the FIRS, but utilised by the NNPCL for other FGN obligations.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) remitted the sum of N823 billion while the Federal Inland Revenue Service (FIRS) made a gross collection of N3.6 trillion but remitted N3.02 trillion, retaining the difference as cost of collection.

The statement further disclosed that the Nigeria Customs Service (NCS) on its part remitted the sum of N764 billion.

It however, added that the Nigerian National Petroleum Company Limited (NNPCL) did not remit any amount into the Federation Account during the period either as profit revenue or other revenues as contained in the Petroleum Industry Act (PIA), 2021 as its revenue performance could not be assessed because neither its revenue target was disclosed nor its revenue remittance to the Federation Account was provided.

Furthermore, the statement adds that the sum of N1.4 trillion was realised as Value Added Tax (VAT) while the sum of N83.2 billion was realised from the Electronic Money Transfer Levy (EMTL).

Similarly, the report indicates that the sum of N16.6 billion was realised from the solid minerals sector.


 

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