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Nigerians Reaction As FCCPC Head Discloses-N56 Billion In 2023 Revenue (Details)

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On Thursday, the Federal Competition and Consumer Protection Commission (FCCPC) revealed that it generated N56 billion in Internally Generated Revenue (IGR) in 2023. Babatunde Irukera, the Executive Vice Chairman of FCCPC, made this disclosure during a media engagement event titled “Reflections on the road so far, and road ahead” in Abuja…..CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

 

Irukera disclosed that 90 percent of the IGR was derived from penalties, with N22.4 billion remitted to the Federal Government. Emphasizing the importance of holding businesses accountable, he stated that consequences must be applied when they err. He clarified that the goal is not to shut down businesses but to ensure that they understand the repercussions of market distortion.

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Analyzing the Commission’s budget from 2017 onwards, Irukera highlighted that the agency received N1 billion as the government budget in that year, generating an IGR of N154 million. Subsequently, the budget increased to N3.3 billion and N1.3 billion in 2018 and 2019, respectively, with an IGR of N377 million in 2019.

In 2020, the government budget for the commission was N887 million, and it achieved an IGR of N864 million. In 2021, with a government-approved budget of N1.8 billion, the agency generated N4 billion, remitting N1.6 billion. In 2022, despite a government budget of N1.3 billion, the FCCPC generated N5.2 billion and remitted N2.6 billion.

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Highlighting the Commission’s financial independence, Irukera noted that since January 1, the FCCPC had operated without relying on the Federal Government’s budgetary provisions. He emphasized that the 2023 IGR of N56 billion, with a remittance of N22.4 billion to the government, underscores the country’s potential.

Additionally, Irukera reiterated the importance of companies establishing their stand-alone complaints resolution platforms to address consumer-related issues responsibly.

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Plateau Killings: Mutfwang Meets Former Governors, Stakeholders Over Insecurity.

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Governor Caleb Mutfwang of Plateau State has convened a high-level security meeting with former governors and key stakeholders in a renewed effort to address the ongoing wave of violence in the state.....KINDLY READ THE FULL STORY HERE▶

News reports that the meeting comes amid fresh attacks in parts of Plateau State that have left several people dead and properties destroyed, worsening security concerns in the North-Central region.

The gathering follows recent violence in Anguwan Rukuba and nearby communities, where dozens of residents were reportedly killed, adding to years of recurring insecurity that has claimed many lives, including women and children.

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The closed-door meeting, held at the Government House in Little Rayfield, Jos, brought together former governors Simon Lalong, Jonah Jang, and Joshua Dariye, as well as former military administrator Rear Admiral Samuel Atukum (retd.) and other key stakeholders.

In a statement shared on his verified Facebook page, Mutfwang said discussions focused on security, welfare, and the overall development of Plateau people, with special attention on the recent attacks in rural communities.

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According to sources, participants reviewed the security situation and expressed deep concern over continued loss of lives and destruction of property.

The stakeholders reportedly agreed on a united approach to restoring peace, strengthening unity, and promoting peaceful coexistence among communities.

They also resolved to develop stronger frameworks to address the root causes of the violence, anchored on values of discipline, courage, and patriotism.

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Nigeria–US Coalition Slams US Lawmaker Over Call To Sack Matawalle.

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A coalition of Nigerians in the United States has criticised remarks by US lawmaker Kimberly Daniels calling for the removal of Minister of State for Defence, Bello Matawalle, describing her position as ill-informed and detached from Nigeria’s security realities.....KINDLY READ THE FULL STORY HERE▶

News reports that Daniels made the call in a Facebook post, citing a recent security assessment report which she said raised concerns about Matawalle’s performance and past tenure as governor of Zamfara State. She urged a leadership review within Nigeria’s defence ministry.

In response, the Nigerian-American Coalition for Strategic Stability said the comments risk undermining Nigeria’s sovereignty and misrepresent the complexity of the country’s security challenges.

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In a statement signed by its convener, Dr. Maxwell Akarachi, the group argued that insecurity in parts of the country stems from deep-rooted structural issues, cross-border criminal activity, and evolving threats, rather than the actions of a single official.

The coalition said it was concerning that a foreign lawmaker would take such a stance without fully understanding ongoing security efforts, adding that Nigeria has recorded some progress under Matawalle’s watch, including coordinated military operations and improved intelligence sharing.

It also warned against narratives it believes are aimed at weakening public confidence in Nigeria’s defence institutions, stressing that such matters should be addressed through local legal and institutional channels rather than external commentary.

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While acknowledging the need for accountability, the group urged that allegations against public officials be handled through due process, not international pressure campaigns.

The coalition further called on international partners to engage Nigeria with accuracy and respect, and urged citizens at home and abroad to support national institutions in the fight against insecurity.

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Bauchi Govt Sacks Driver After Death Of Two Journalists.

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The Bauchi State Government has dismissed a staff member, Aminu Abdullahi, following a fatal road accident involving journalists on official duty that claimed two lives.....KINDLY READ THE FULL STORY HERE▶

The decision was announced on Wednesday by the State Civil Service Commission through its Information Officer, Saleh Umar, who said the action was based on misconduct linked to negligence while performing an assigned task.

Abdullahi, a clerical assistant with the Ministry of Higher Education, was reportedly assigned an additional duty outside his official role to convey a team of journalists covering activities of the North East Development Commission during a project commissioning in Alkaleri Local Government Area.

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During the assignment, the vehicle he was driving was involved in a crash that affected over 10 journalists. Two persons died in the accident, while others sustained varying degrees of injuries.

The commission said his conduct violated the Bauchi State Public Service regulations on duty and responsibility, leading to his dismissal after recommendations from the Ministry of Higher Education and approval by the State Executive Council.

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It also directed the ministry’s management to explain why a non-professional driver was assigned such responsibility in the first place.

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