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Special Committee Established By NASS To Investigate Unremitted N4 Trillion Revenue
The National Assembly Joint Committee on Finance has established a special panel to investigate a revenue shortfall exceeding N4 trillion, attributed to unchecked waivers granted by government agencies.....KINDLY READ THE FULL STORY HERE▶
This decision follows a motion raised by Senator Adamu Aliero during a hearing to assess the revenue profiles of ministries, departments, agencies, and government-owned enterprises in preparation for the 2025 budget.
The goal of the hearing was to enable the Senate and House of Representatives committees to generate accurate and realistic revenue projections for 2025.
The newly formed committee will be co-chaired by Senator Sani Musa and Hon. James Faleke.
Aliero, in presenting the motion, stated, “The issue of waivers has led to a significant gap between expected revenue and actual collections. Our records show that over N5.9 trillion should have been deposited into the consolidated revenue fund, but only N1.9 trillion has been received. This calls for the establishment of a special committee to investigate this critical issue.”
He emphasized, “We cannot allow revenue agencies to spend funds without the National Assembly’s oversight. If waivers are granted, it is crucial to determine who authorized them. A N4 trillion shortfall is a substantial amount, and our findings indicate that over N4.9 trillion has not been remitted. We need a dedicated committee to investigate the unremitted funds.”
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NATIONAL OUTRAGE! Kwankwaso Drops Shocking Bombshell: “We Will Negotiate With Terrorists And Criminals!”.
During an appearance on Channels Television’s Politics Today, Rabiu Kwankwaso, the vice-presidential candidate for the Nigeria Democratic Congress (NDC), outlined the party’s strategy for addressing insecurity ahead of the 2027 elections. He stated that an NDC administration would engage with everyone, including criminals and terrorists, to help deter their actions. Kwankwaso noted that local residents in affected areas are well-aware of the identities and locations of these outlaws, but they often withhold information from security forces out of fear due to negative past experiences when reporting them.....KINDLY READ THE FULL STORY HERE▶
Rabiu Kwankwaso, the vice presidential candidate for the Nigeria Democratic Congress (NDC), remains confident that his party will claim victory in the upcoming presidential election. Appearing on Channels Television’s Politics Today, Kwankwaso stated that the NDC is experiencing surging momentum nationwide, pointing to favorable public backing in major trading hubs like Wuse Market, Sabon Gari in Kano, and Ibadan, alongside its core regions. He asserted that presidential flagbearer Peter Obi will overcome President Bola Tinubu in 2027, emphasizing that numerous unexpected developments will work to the party’s advantage. Additionally, Kwankwaso reaffirmed that Obi is committed to serving only a single term if elected, confirming that signed agreements regarding this one-term presidency exist between Obi, himself, and the party.....KINDLY READ THE FULL STORY HERE▶
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VIOLENCE MUST END! ALGON Takes Radical Step To Restore Peace By Banning Transport Unions Across Osun!.
The Osun State chapter of the Association of Local Governments of Nigeria (ALGON) has suspended the operations of all transport unions within public motor parks across the state. This measure was taken in response to a series of violent clashes between rival groups, which the association deemed necessary to maintain public order and protect residents.....KINDLY READ THE FULL STORY HERE▶
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Rationale for Suspension: The action follows repeated violent incidents involving factional disputes within the National Union of Road Transport Workers (NURTW), which resulted in the death of a toddler and the shooting of an elderly man.
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Safety Concerns: ALGON Vice Chairman, Lanre Balogun, noted that public motor parks had increasingly become unsafe for commuters and operators, turning into hideouts for criminals.
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Immediate Directive: Effective immediately, all transport unions—including motorcycle and tricycle operators—are prohibited from activities in public motor parks across the state’s 30 local government areas and the Ife East Area Office in Modakeke.
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Security Measures: ALGON has requested that security agencies take control of these facilities to restore peace and track down individuals involved in the violence, specifically calling for the arrest of NURTW factional leader Nurudeen Alowonle.
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Legal Basis: Balogun explained that the decision is supported by the 1999 Constitution (as amended), which grants local governments the authority to regulate motor parks and maintain public order. He emphasized that local government chairmen would not allow facilities under their control to become security threats, even if other authorities prioritize political considerations over safety.
The suspension will remain in effect until order is restored and public safety is ensured within the state’s transport sector.
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