Headline
FG, States, LGs Share N1.4trn For June
Published
12 months agoon
By
Editor
The Federation Account Allocation Committee (FAAC), today, shared a total of N1.354 trillion to the three tiers of government.
A communique at the end of its meeting in Abuja indicated that the funds came from the Federation revenue earned in June
The distributable revenue comprised statutory revenue of N 142.5 billion, distributable Value Added Tax (VAT) revenue of N523.973 billion, Electronic Money Transfer Levy (EMTL) revenue of N15.692 billion, Exchange Difference revenue of N472.192 billion and Augmentation of N200.000 billion.
Total revenue of N2.483 trllion was available in the month of June 2024.
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Total deduction for cost of collection was N92.112 billion while total transfers, interventions and refunds was N1,037.407 billion.
Gross statutory revenue of N1.432 trillion was received for the month of June 2024.
This was higher than the sum of N1.223 trillion received in month of May 2024 by N208.773 billion.
The gross revenue of N562.685 billion was available from the Value Added Tax (VAT) in June 2024. This was higher than the N497.665 billion available in the month of May 2024 by N65.020 billion.
The communiqué stated that from the N1,354.371 billion total distributable revenue, the Federal Government received total sum of N459.776 billion, the State Governments received total sum of N461.979 billion and the Local Government Councils received total sum of N337.019 billion.
READ ALSO: FAAC: FG, States, LGs Share N1.15trn For January
A total sum of N95.598 billion (13% of mineral revenue) was shared to the benefiting States as derivation revenue.
On the N142.514 billion distributable statutory revenue, the communiqué stated that the Federal Government received N48.952 billion, the State Governments received N24.829 billion and the Local Government Councils received N19.142 billion.
The sum of N49.591 billion (13% of mineral revenue) was shared to the benefiting States as derivation revenue.
The Federal Government received N78.596 billion, the State Governments received N261.987 billion and the Local Government Councils received N183.391 billion from the N523.973 billion distributable Value Added Tax (VAT) revenue.
READ ALSO: FG, States, LGs Share N714.629bn March FAAC Revenue
A total sum of N2.354 billion was received by the Federal Government from the N15.692 billion Electronic Money Transfer Levy (EMTL). The State Governments received N7.846 billion and the Local Government Councils received N5.492 billion.
From the N472.192 billion Exchange Difference revenue, the Federal Government received N224.514 billion, the State Governments received N113.877 billion and the Local Government Councils received N87.794 billion. A total sum of N46.007 billion (13% of mineral revenue) was shared to the benefiting States as derivation revenue.
On the N200.000 billion augmentation, the Federal Government received N105.360 billion, the State Governments received N53.440 billion and the Local Government Councils received N41.200 billion.
According to the communiqué, in the month of June 2024, Companies Income Tax Oil (CIT) and Value Added Tax (VAT) increased significantly while Import and Excise Duties and Electronic Money Transfer Levy (EMTL) increased marginally. Royalty Crude, Petroleum Profit Tax (PPT), Rentals and CET Levies recorded considerable decreases.
The balance in the ECA was $473,754.57
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Headline
Trump Birthright Citizenship Order Halted In Class-action Suit
Published
1 day agoon
July 10, 2025By
Editor
A federal judge on Thursday halted President Donald Trump’s order restricting birthright citizenship, as opponents of the policy pursue a new legal avenue following the US Supreme Court’s overturning of a previous block.
The high court’s conservative majority delivered a landmark decision in late June that limits the ability of individual judges to issue nationwide injunctions against presidents’ policies.
Several such judges had in fact blocked Trump’s attempt to end the longstanding rule, guaranteed in the US Constitution, that anyone born on US soil is automatically an American citizen.
However, the Supreme Court left open the possibility that orders could be blocked via broad class-action suits against the government.
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Trump’s opponents quickly filed new class-action suits seeking to block again the executive order.
On Thursday, Judge Joseph Laplante of the US District of New Hampshire granted class-action status to any child who would potentially be denied citizenship under Trump’s order. The judge ordered a preliminary halt to it as legal proceedings carry on.
The judge delayed his ruling for seven days to permit the Trump administration to appeal.
Cody Wofsy, a lawyer with the American Civil Liberties Union (ACLU) who argued the case, called the ruling a “huge victory” that “will help protect the citizenship of all children born in the United States, as the Constitution intended.”
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Trump’s executive order decrees that children born to parents in the United States illegally or on temporary visas would not automatically become citizens — a radical reinterpretation of the 14th Amendment to the US Constitution.
His administration has argued that the 14th Amendment, passed in the wake of the Civil War, addresses the rights of former slaves and not the children of undocumented migrants or temporary US visitors.
The Supreme Court rejected such a narrow definition in a landmark 1898 case.
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The current high court, with a 6-3 conservative majority, avoided ruling last month on the constitutionality of Trump’s executive order and only addressed the issue of nationwide injunctions.
It nonetheless permitted the order to go ahead but delayed its ruling from taking effect until late July to allow for new court challenges.
Several lower courts, in issuing their previous injunctions, had ruled that the executive order violated the Constitution.
Headline
PICTORIAL: Two Undocumented Nigerians Arrested For Drug Trafficking In Libya
Published
1 day agoon
July 10, 2025By
Editor
Libya’s Counter-Terrorism Forces have arrested two undocumented Nigerians over alleged involvement in drug trafficking.
According to a statement shared by Migrant Rescue Watch on X (formerly Twitter) on Thursday, the suspects were caught with quantities of hashish and hallucinogenic pills, including Tramadol and Lyrica.
Authorities also recovered a large sum of cash suspected to be proceeds from drug sales during the operation.
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Following their arrest, the two Nigerians have been handed over to the appropriate legal authorities for further investigation and possible prosecution.
The statement said, “Counter-Terrorism Forces arrested 2 undocumented #migrants of Nigerian nationality for drug trafficking. The individuals were found in possession of hashish, hallucinogenic pills “Tramadol” & “Lyrica” as well as cash from proceeds.
“Both individuals were referred to competent authorities for legal action.”
Headline
31 Workers Escape Death As Tunnel Collapses In Los Angeles
Published
2 days agoon
July 10, 2025By
Editor
All 31 workers escaped without injuries from a collapsed industrial tunnel in Los Angeles’ Wilmington area, after scrambling over a tall pile of loose underground soil, city officials said late on Wednesday.
The trapped workers were shuttled back to the tunnel’s entry point, more than 5 miles (8 km) away from the affected area, after they escaped the collapsed section and met several coworkers in the unaffected part of the tunnel, the Los Angeles Fire Department said in a statement.
The tunnel, which had a diameter of 18 ft (5.5 m), trapped 27 individuals, while four workers entered the damaged section to assist with rescue, LA Fire Chief Ronnie Villanueva told reporters in a media briefing.
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“The workers had to climb through debris. They had to make themselves out through,” before they were assisted out, Villanueva said.
Robert Ferrante, chief engineer and general manager of Los Angeles County Sanitation Districts, told the briefing that a section of the already built part of the tunnel experienced squeezing ground conditions and partially collapsed.
“LAFD has just reported that all workers who were trapped in the tunnel in Wilmington are now out and accounted for. I just spoke with many of the workers who were trapped. Thank you to all of our brave first responders who acted immediately,” Los Angeles Mayor Karen Bass said in a post on X.
The collapsed section was a part of the Los Angeles County’s Clearwater Project, where the new 7-mile tunnel is being built to upgrade the region’s sewer system, officials added.
(Reuters)
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