ANAMBRA POLICE ACTION ON THE CULT CLASH THAT RESULTED IN THE FATAL INJURY OF FOUR PERSONS AT AFOR NAWFIA MARKET. (PHOTO). #PRESS RELEASE

-
Image
 ANAMBRA POLICE ACTION ON THE CULT CLASH THAT RESULTED IN THE FATAL INJURY OF FOUR PERSONS AT AFOR NAWFIA MARKET The Anambra State Police Command wishes to provide a comprehensive update on the cult-related attack that occurred on the evening of 7th December 2025 at Afor Nawfia Market, along the Onitsha–Awka Old Road. It will be recalled that operatives of the Command attached to the Special Anti-Cult Squad, Enugwu-Ukwu, had, four days earlier, acting on credible intelligence about a planned rival cult confrontation, arrested two dangerous suspects and recovered a firearm from them. The arrested suspects have been assisting the Police with valuable information aimed at preventing further cult-related violence within Awka and its environs. Despite these proactive efforts by the Command operatives, some members of the same gang, on the evening of 7th December 2025, operating in a black Lexus Jeep with registration number yet unknown, stormed Afor Nawfia Market and opened fire indiscr...
Post a Comment

FAAC DISTRIBUTES N1.681 TRILLION APRIL REVENUE TO FG, STATES, COUNCILS. (PHOTO).

-


 FAAC distributes N1.681 trillion April revenue to FG, States, Councils


The Federation Account Allocation Committee (FAAC) has shared a total of N1.681 trillion as revenue generated in April 2025 to the Federal Government, 36 States, and 774 Local Government Councils across the country.

This figure, distributed at the FAAC meeting in Abuja on Friday, reflects an increase of N103 billion compared to the N1.578 trillion shared in March 2025.

According to the communiqué at the end of the meeting, the total distributable revenue for April 2025 consisted of statutory revenue amounting to N962.882 billion, Value Added Tax (VAT) revenue of N598.077 billion, Electronic Money Transfer Levy (EMTL) revenue of N38.862 billion, and Exchange Difference of N81.407 billion.

The Federal Government received a total of N565.307 billion from the allocation while the State Governments collectively received N556.741 billion. 

The Local Government Councils were allocated N406.627 billion, and an additional N152.553 billion was distributed to oil-producing states as 13 percent derivation from mineral revenue.

FAAC reported that a gross total revenue of N2.848 trillion was available in the month of April. However, deductions were made amounting to N101.051 billion for cost of revenue collection and N1.066 trillion for statutory transfers, refunds, interventions, and savings.

The gross statutory revenue for April stood at N2.084 trillion, which represents an increase of N365.595 billion over the N1.718 trillion recorded in March. Similarly, gross VAT revenue rose slightly to N642.265 billion in April, compared to N637.618 billion in the preceding month, reflecting a growth of N4.647 billion.

Breakdown of the N962.882 billion distributable statutory revenue shows the Federal Government receiving N431.307 billion, States N218.765 billion, and Local Government Councils N168.659 billion. From this amount, N144.151 billion was shared as 13 percent derivation to oil-producing states.

In terms of VAT, the Federal Government got N89.712 billion, the States received N299.039 billion, and the Local Government Councils received N209.327 billion from the N598.077 billion pool.

Revenue from the Electronic Money Transfer Levy (EMTL), which totaled N38.862 billion, was distributed with the Federal Government receiving N5.829 billion, States N19.431 billion, and Local Governments N13.602 billion.

Also, from the N81.407 billion realised as Exchange Difference, the Federal Government received N38.459 billion, the States N19.507 billion, and Local Government Councils N15.039 billion. In addition, N8.402 billion from this category was shared as 13 percent derivation to eligible states.

FAAC further disclosed that there were significant increases in revenue from Petroleum Profit Tax (PPT), Oil and Gas Royalties, VAT, EMTL, Excise Duty, Import Duty, and CET Levies during the period under review. However, revenue from Companies Income Tax (CIT) recorded a considerable decline.

The April 2025 revenue performance reflects continued volatility in the federation’s income sources, even as government efforts to improve non-oil revenue generation appear to be yielding positive results.

Comments

Post a Comment

Popular posts from this blog

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

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

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

-
Image
                           According to the Araba of Osogboland Chief Yemi Elebuibon,debunk the rumors that the new Ooni will eat the heart of the late Ooni of Ife as custom demands,so he cleared the air when he recently said that ''The heart of the late king would not be fed to the next Ooni.The eating of the heart of a departed King by an incoming one belonged to the past.It no longer exists.People still make this insinuation because many are barred from witnessing the burial of a king.What the incoming king will eat is the heart of an animal and not that of a human.Nobody will be buried with the Ooni.Nobody would be killed for any form o sacrifice''.Thank God he clarified the part that no one will be buried with the Ooni,because the rumors going round is that the Sarun,otherwise known as Abobakun,is on the run,to escape being buried with the late Ooni of Ife.Lowa Adimula of Ife,Oba Joseph Ijaodola,who is the Head o...
Read more