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FG, States, LGs Share N1.2tn In May

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The Federation Allocation Allocation Committee has disclosed that during the May 2024 meeting of the FAAC held in Abuja, N1.2tn from the April 2024 Federation Account Revenue was shared by the federal, states, and local governments.

The Director of Press and Public Relations, Office of the Accountant-General of the Federation, Mr Bawa Mokwa, disclosed this in a statement on Thursday.

The document revealed that N1.2tn total distributable revenue comprised distributable statutory revenue of N284.71bn, distributable Value Added Tax revenue of N466.45bn, Electronic Money Transfer Levy revenue of N18.02bn, and Exchange Difference Revenue of N438.88bn.

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Total revenue of N2.19tn was available in April 2024.

READ ALSO: FAAC: FG, States, LGs Share N1.15trn For January

The total deduction for the cost of collection was N80.51bn; the total transfers, interventions, and refunds were N903.47bn.

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Gross statutory revenue of N1.23tn was received for April 2024.

This was higher than the sum of N1.01bn received in March 2024 by N216.28bn.

The gross revenue available from the value-added tax in April 2024 was N500.92bn. This was lower than the N549.69bn available in March 2024 by N48.77bn.

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READ ALSO: FAAC Shares N786bn To FG, States, LGs

From the N1.2tn in total distributable revenue, the Federal Government received a total sum of N390.41bn, the state governments received N403.40bn, and the local government councils received N293.81bn.

A total sum of N120.450bn (13 per cent of mineral revenue) was shared with the benefiting states as derivation revenue.

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On the N284.716bn distributable statutory revenue, the communiqué stated that the Federal Government received N112.14bn, the state governments received N56.88bn, and the local governments received N43.855bn. The sum of N71.83bn (13 per cent of mineral revenue) was shared with the benefiting states as derivation revenue.

The Federal Government received N69.96bn, the state governments received N233.22bn, and the local governments received N163.26bn from the N466.45bn distributable value-added tax revenue.

READ ALSO: FAAC Shares N1.100 Trillion To FG , States, LGs

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A total sum of N2.704bn was received by the FG from the N18.024bn Electronic Money Transfer Levy. The state governments received N9.012bn, and the local governments received N6.30bn.

The Federal Government received N205.59bn from the N438.88bn Exchange Difference revenue. The state governments received N104.27bn, and the local governments received N80.39bn. The sum of N48.62bn (13 per cent of mineral revenue) was shared with the benefiting states as derivation revenue.

According to the communiqué, in April 2024, oil and gas royalties, company income tax, excise duty, petroleum profit tax, electronic money transfer levies, and CET levies increased significantly, while import duty and value-added tax recorded considerable decreases.

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The FAAC noted that the balance in the Excess Crude Account remained at $473,754.57.

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UK Police Arrest Asylum Seeker Sex Offender Mistakenly Freed

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The UK police on Sunday arrested an Ethiopian asylum seeker and convicted sex offender, whose crimes had sparked anti-immigration protests, after he was accidentally released from prison in an embarrassing blunder by British authorities.

London’s Metropolitan Police said officers arrested Hadush Kebatu in the north of the capital on Sunday morning, nearly 48 hours after he was mistakenly freed around 30 miles (48 kilometres) away.

Kebatu, 38, had served the first month of a one-year sentence for sexually assaulting a teenage girl and a woman, but was reportedly due to be deported when the Prison Service error occurred on Friday.

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His high-profile case earlier this year in Epping, northeast of London, sparked demonstrations in various English towns and cities where asylum seekers were believed to be housed, as well as counter-protests.

READ ALSO:UK Police Hunt Asylum Seeker Mistakenly Freed For Sex Offence

Commander James Conway, who oversaw the manhunt for him, said “information from the public” led officers to the Finsbury Park neighbourhood of London, where he was found.

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He was detained by police but will be returned to the custody of the Prison Service,” he added.

Kebatu is now expected to be deported.

Prime Minister Keir Starmer said Friday he was “appalled” by the “totally unacceptable” mistake that saw him freed rather than sent to an immigration detention centre.

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The Telegraph newspaper said he was wrongly categorised for release on licence and handed a £76 ($101) discharge grant.

READ ALSO:Alleged Misappropriation: MFM Accuses UK Agency Of Discrimination

Police had appealed Saturday for Kebatu to turn himself in, after reports emerged that he had appeared confused and reluctant to leave the prison in Chelmsford, eastern England.

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A delivery driver described seeing Kebatu return several times in a “very confused” state, only to be turned away by staff and directed to the railway station.

The driver told Sky News he saw Kebatu outside the jail, asking, “Where am I going? What am I doing?”

He was starting to get upset, he was getting stressed,” the driver said.

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READ ALSO:UK Is A Home, Not Hotel, Kemi Badenoch Tells Immigrants, Starmer’s Govt

The father of Kebatu’s anonymous teenage victim told the broadcaster that “the justice system has let us down.”

Police arrested the asylum seeker in July after he repeatedly tried to kiss a 14-year-old girl and touch her legs, and made sexually explicit comments to her.

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He also sexually assaulted an adult woman, placing a hand on her thigh, when she intervened to stop his interactions with the girl.

He was staying at the time at Epping’s Bell Hotel, where scores of other asylum seekers have been accommodated, and which became the target of repeated protests.

AFP

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Madagascar Revokes Ousted President’s Nationality

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Madagascar’s new government has stripped ousted president Andry Rajoelina of his Malagasy nationality in a decree published Friday, 10 days after he was removed in a military takeover.

According to AFP, the decree means that Rajoelina, who was impeached on October 14 after fleeing the island nation in the wake of weeks of protests, would not be able to contest future election.

The decree published in the official gazette said Rajoelina’s Malagasy nationality was revoked because he had acquired French nationality in 2014, local media reported, as photographs of the document were shared online.

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READ ALSO:Madagascar’s President Denounces ‘Coup Attempt’ As Gen Z Protests Escalate

French broadcaster RFI said it had confirmed the decree with the entourage of the new prime minister, Herintsalama Rajaonarivelo, who signed the order.

The decree cited laws stipulating that a Malagasy who voluntarily acquires a foreign nationality loses their Malagasy nationality.

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Rajoelina’s French nationality caused a scandal when it was revealed ahead of the November 2023 elections, nearly 10 years after it was granted.

READ ALSO:Madagascar Passes Bill To Castrate Child R*pists

It triggered calls for him to be disqualified but he went on to win the contested polls, which were boycotted by opposition parties.

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The 51-year-old politician fled Madagascar after army Colonel Michael Randrianirina said on October 11 his CAPSAT unit would refuse orders to put down the youth-led protest movement, which security forces had attempted to suppress with violence.

Rajoelina said later he was in hiding for his safety, but did not say where.

Randrianirina was sworn in as president on October 14, pledging elections within two years.

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Kamala Harris Hints At Running For President Again

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Former US vice president Kamala Harris said in a British television interview previewed in Saturday that she may “possibly” run again to be president.

Harris, who replaced Joe Biden as the 2024 Democratic presidential candidate but lost to Donald Trump, told the BBC that she had not yet decided whether to make another White House bid.

But the 61-year-old insisted she was “not done” in American politics and that her young grandnieces would see a female president in the Oval Office “in their lifetime, for sure”.

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READ ALSO:FULL LIST: Trump, Kamala, Netanyahu, Others Shortlisted For 2024 Time’s Person Of The Year

“I have lived my entire career a life of service, and it’s in my bones, and there are many ways to serve.

“I’ve not decided yet what I will do in the future, beyond what I am doing right now,” Harris told the British broadcaster in an interview set to air in full on Sunday.

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The comments are the strongest hint yet that Harris could attempt to be the Democratic Party nominee for the 2028 election.

READ ALSO:Kamala Harris Secures Democratic Presidential Nomination

The interview follows the release of her memoir last month, in which she argued it had been “recklessness” to let Biden run for a second term as president.

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She also accused his White House team of failing to support her while she was his deputy, and at times of actively hindering her.

AFP

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