Headline

Oil-producing States Borrow N1.3tn Amid N6.4tn Windfall

Published

1 year ago

December 2, 2022

Editor

PANDEF, others ask N’Delta governors to showcase development projects

Oil-producing states received N1.9tn as derivation fund under Buhari – Minister

The total debts of 10 oil-producing states rose from N2.04tn in December 2015 to N3.35tn as of June 2022, according to sub-national debt reports of the Debt Management Office.

This means that a total of N1.31tn was borrowed within a period of about seven years by the states.

The 10 states are: Rivers, Akwa Ibom, Delta, Edo, Abia, Ondo, Imo, Cross River, Bayelsa and Lagos.

This came as findings by The PUNCH show that the oil-producing states received the sum of N6.4tn in federal allocation and 13 per cent derivation fund.

The Federal Government disbursed a total of N1.98tn as a share of the 13 per cent derivation fund to oil-producing states, the Minister of Finance, Budget, and National budget, Zainab Ahmed, disclosed on Thursday, at the sixth edition of the PMB Administration Scorecard.

She stated that the amount was paid in seven years despite some of the funds preceding the current administration.

She said, “One of the key functions of the Ministry of Finance Budget and National Planning is in support of states. The President understands very clearly that this economy wouldn’t have been growing consecutively or wouldn’t have been able to pull ourselves out of recession twice.

“We wouldn’t have been able to grow consistently without enabling the states to grow because it is a federation.

“Mr. President has been very uniquely generous in his support to states. I can say no president has provided the level of support provided to the states of the Federation.

“He understands that the federating units need to work together as one to achieve the targets that he has set for the country. So, everybody goes to support sub-national governments.

“In seven years, we have disbursed N1.98 trillion in funds to oil-producing states.”

Recall that the 13 per cent derivation fund has been a controversial issue after comments by Rivers State Governor, Nyesom Wike, alleging that the oil-producing states had refused to disclose their own shares paid by the Federal Government from 1999 to all the Niger Delta States.

Ahmed further said that the government had supported states of the federation N5.03tn and an additional $3.4bn since 2015.

She said, “With respect to sub-national governments, the ministry goes over and above its statutory role to provide financial support to States:

“A total of N5.03tn plus an additional $3.4bn has been released to states by the Federal Government over the life of this administration.

“Each of these payments has distinct repayment terms with some given as grants and others as loans with favourable repayment terms, including a long amortisation period.

“The support covers the 13 per cent Derivation refund to oil-producing states, refunds for construction of federal roads, ecological support, support from the Development of Natural Resources Fund, Paris Club refunds, support from the Stabilisation Fund, COVID intervention amongst others.”

Reeling out the details, Ahmed said N445bn was given as salary bailout to states except Akwa Ibom, Anambra, Jigawa, Lagos and Yobe in September 2015, while N340bn was disbursed to states except Lagos and Osun as excess crude loan. Also, N610bn was allocated to all states, except Lagos, as a budget support facility.

Other support included: $2.67tn as an outright Paris Club refund; N750m disbursed in 2021 as an SFTAS reward; and N600bn paid as withdrawal from payment of subsidy in April 2022.

Speaking further, the minister revealed that the non-oil sector had continued to maintain high-level performance in terms of revenue generated, adding that it was currently the mainstay of the nation’s economy.

She said that the sector contributed N1.71trn out of the total revenue of N4.19trn, an outturn of 100.7 per cent compared to the budget projection.

“Today, I call your attention to the very high performance of the non-oil sector of our economy. As of September 2022, the Federal Government’s share of oil revenues to fund the budget was N535.5bn representing 32.6 per cent performance), while non-oil tax revenues totalled N1.71tn an outturn of 100.7 per cent compared to the budget projection.

“The non-oil revenue share of funding the Federal Government has improved. We have been able to move from contributing 35 per cent to the federal budget to contributing 73 per cent to the financing of the federal budget.”

N6.4tn windfall

Oil-producing states got N4.46tn from Federation Account Allocation Committee between 2016 and 2020, according to data from the National Bureau of Statistics collated by The PUNCH. When combined with the N1.98tn allocated to oil-producing states as a share of the 13 per cent derivation, the amount moves to N6.4tn.

Within the period under review, Delta got the highest allocation of N804.27bn while Cross River got the least, N147.86bn.

The allocation of other states were as follows: Akwa Ibom, N769.19bn; Lagos, N523.63bn; Rivers, N675.54bn; Edo, N255.32bn; Abia, N225.47bn; Ondo, N250.86bn; Imo, N234.37bn; and Bayelsa, N575.39bn.

According to the NBS, FAAC gets oil revenues and related taxes, revenues from the Nigerian Customs Service, company income tax, any sale of national assets as well as surplus and dividends from state-owned enterprises.

Meanwhile, the total debts of 10 oil-producing states rose from N2.04tn in December 2015 to N3.35tn as of June 2022, according to sub-national debt reports of the Debt Management Office.

A further breakdown showed that in 2015, a total of N1.22tn was from domestic creditors while $1.84bn (or N817.27bn at the Central Bank of Nigeria’s exchange rate of N444.17 per dollar as of November 1, 2022) was from external sources.

By June 2022, N2.42tn was borrowed from domestic sources while $2.31bn was from foreign sources such as the World Bank and African Development Bank.

For sub-national domestic debts, Lagos leads with the most debt, from N218.54bn domestic debt in 2015 to N797.31bn by June 2022.

It is followed by Delta, whose debt rose from N320.61bn domestic debt in 2015 to N378.88bn by June 2022.

Third on the list is Rivers, from N134.97bn domestic debt in 2015 to N225.51bn by June 2022.

For foreign debt, Lagos leads with the most debt, from $1.21bn in 2015 to $1.27bn by June 2022.

It is followed by Edo, whose external debt increased from $168.19m to $268.31m. Cross River is next, from $136.4m to $215.74m within the period under review.

PANDEF, Kio-Briggs kick

The Pan Niger Delta Forum and popular rights activist, Ann Kio-Briggs, have taken a swipe at the Federal Government over claims that the N1.98tn it disbursed to the Niger Delta region was not commensurate with the level of development in the region.

The National Publicity Secretary of PANDEF, Ken Robinson, said, “As you know, the fact of the matter is that it is the resources of the Niger Delta people that the Federal Government of Nigeria is plundering, wasting over the years. To say that they have given the Niger Delta N1.98tn as reported and all that is unnecessary. What is N1.98tn?

“How much has been taken away from the Niger Delta compared to the devastation that has been done to the Niger Delta environment and the livelihoods of the people that have been decimated?

“And all these complicate or increase the social and economic challenges of the area. There are more people who ordinarily would have been involved in farming or fishing who are now looking for jobs.”

The PANDEF spokesman explained that no amount of funds allotted to the crude oil and gas-rich region was too much, being the goose laying the golden egg.

He, however, said it was not an excuse for the poor governance in the country, which he said was not peculiar to the Niger Delta alone.

“And I think that some of these governors in the Niger Delta should also do more in terms of showcasing what they are doing with the resources that they got. And that we will say that whether the level of development is commensurate to the amount of money received is relative because of the difficult terrain the Niger Delta is faced with in terms of developmental challenges.”

On her part, Kio-Briggs said the Federal Government must be specific and come up with facts as to which agency or governors the amounts they claimed to have disbursed was given for purposes of accountability.

She said, “First of all, I don’t like it when the government says that they have disbursed so much money.

“When you want to give information, you have to give credible, verifiable, truthful information to people, so that people can make up their minds. You can’t make up their minds for them.

“Why do I say this? You can’t just say you have disbursed so much to Niger Delta, no. Say I have disbursed N2.3trillion hypothetically to the Niger Delta Development Commission; I have disbursed N5. 2tn to the Ministry of Niger Delta.”

Continuing, Kio-Briggs stated that the people of the region were not fools to believe hook, line and sinker anything the Federal Government says.

PUNCH

Headline

How Two Kenyan School Dropouts Made Prosthetic Arms For People With Disabilities

Published

21 mins ago

May 2, 2024

Editor

Two young Kenyan inventors have invented bio-robotic prosthetic arms from waste materials to help improve the lives of the physically challenged people in 2021.

Both David Gathu and Moses Kiuna were at the age of 29 when they designed a bio-robotic prosthetic arm in helping the people that have lost their limbs.

Recounting their ordeal before venturing into the invention, the duo said they were forced to drop out of college because of the expensive school fees but did not let the challenges steal their vision.

Gathu and Kiuna accomplished their dream to help their communities in a workshop in Kiambu county in Kikuyu, Kenya, north of the capital Nairobi.

According to Face to Face Africa, the workshop was basically a shed made out of worn-out rusted iron sheets standing next to a chicken coop.

The floor was covered with gravel, making the ground outside the shop and the interior all but indistinguishable, as brown broken glass with tape all around fits the window frame.

Brain signal bio-robotic arm
Another significant thing about the invention was being the world’s first bio-robotic arm operated by brain signals. The invention, which is controlled by brain signals, has been billed as a game-changer in the lives of disabled people in Kenya.

Gathu and Kinyua’s invention was unique and different from most prosthetic technology which is powered by a person’s muscles.

The arm works by converting brain signals into an electric current by a “NeuroNode” biopotential headset receiver. NeuroNode biopotential was originally invented to help people suffering from paralysis and speech loss.

Also, the inventors narrated that the idea to develop an electronic prosthetic came to them during the pandemic as part of their contribution towards assisting Kenya to battle the pandemic. It was initially created to help COVID-19 sanitisation efforts.

“When the virus hit our country, we decided to create a machine that could help us decontaminate surfaces. It can also be used in schools, restaurants, hospitals,” Shoppe Black quotes Kinyua as saying.

Using waste products

According to a report by Anadolu Agency, the Kenyan inventors solved two problems with their innovations, first, by using waste products to make the environment clean and safe, and helping a community of people living with disabilities.

“People throw away a lot of things that are harmful to the environment just because they don’t work. If they don’t work, it might be just one component that’s faulty but all the other components still work and can be recycled,” Gathu said.

“We’ve recycled everything that you see here. They throw it away, we pick it up and use it. This has saved us from spending a lot of money because we’re not backed up financially by anyone to come up with our innovations.”

They picked up “junk” that people threw away – things like plastic, rubber, wiring, old computer motherboards, LED lights, USB devices, switches, optical drives, heat sinks, fans, and power supply units – components that they say could be quite expensive to purchase from a shop.

Helping the community

Speaking about the physically challenged people, he said, “The main reason we came up with this is to help people in our community who have lost their limbs. We don’t want these people to feel like they can’t do anything, we want them to be dependent on themselves.”

The arm can do many more tasks. They say they are still perfecting their device, but lack of funds has been a challenge.

David Mathenge from the Association for the Physically Disabled of Kenya (APDK), a charity NGO, says: “Such inventions are the future of the science of artificial limbs. This is the science we need to ease the challenges people with disabilities face.”

Headline

Obesity’: Father Forced 6-year-old To Run On Treadmill, Son Dies [VIDEO]

Published

13 hours ago

May 2, 2024

Editor

A disturbing video has emerged showing an accused “killer” father forcing his 6-year-old son to run on a treadmill because the child was “too fat”.

Christopher Gregor, 31, appeared in court Tuesday, April 30 to stand trial for allegedly murdering his son Corey Micciolo in 2021. He faces life in prison if convicted.

During the trial, the Superior Court in New Jersey was shown surveillance video of Gregor forcing Corey to run on a treadmill after the boy fell off multiple times due to the exercise machine’s excessive speed.

Gregor and his son were seen on March 20, 2021, entering the Atlantic Heights Clubhouse fitness center, where the boy was promptly placed on the treadmill and began running, according to a video, obtained by CourtTV.com.

Footage captured Gregor walking up to the treadmill to increase the speed and raise the incline of the track.

The sudden changes in speed and elevation were too much for the little boy’s legs, causing him to fall down and slide off the moving track.

Despite the son falling off, Gregor lifted and tossed him back onto the treadmill, which forced the child’s legs to fold backwards as the father seemingly clamped his teeth into Corey’s head.

The boy gets back on, but again falls off and continues to struggle to remain on the machine, eventually leading the father to decrease both the the speed and incline.

The boy’s mother, Bre Micciolo, was the first witness to take the stand and was in tears as she watched the horrific video.

Days before her son’s death, Bre Micciolo reported the boy’s injuries to the New Jersey Division of Child Protection and Permanency, according to the US Sun.

On April 1, she requested that Gregor take their son to see a doctor.

While at the appointment, Corey reportedly revealed his father made him run on the treadmill “because he was too fat,” the outlet reported.

The next day, Gregor rushed the young boy to the hospital because the boy woke up from a nap stumbling, slurring his words, and experiencing nausea and shortness of breath, according to Court TV.

During a CT scan, Corey suffered a seizure, forcing medical staff to take life-saving measures, but he died.

An initial autopsy found Corey died as a result of blunt force injuries with cardiac and liver contusions with acute inflammation and sepsis.

Gregor was arrested in July 2021 on child neglect charges stemming from investigators reviewing the surveillance footage from the fitness center.

“Specifically by having (Corey) run on a treadmill and increasing the speed, causing (Corey) to fall, placing (him) back on the moving treadmill while appearing to bite his head, causing the said child to fall several more times,” an arrest warrant obtained by the outlet read.

In September 2021, a forensic pathologist determined Corey’s death to be a homicide as he suffered from chronic abuse including blunt impact injuries on his chest and abdomen with a laceration on his heart, left pulmonary contusion, and laceration and contusion of his liver.

Dr Thomas Andrew believes Corey suffered an acute traumatic injury to the heart four to 12 hours before his death, according to Court TV.

Gregor was arrested on March 9, 2022, for his son’s death but turned down a 30-year plea deal.

He is being held in the New Jersey Jail without bond.

NEW: Mother breaks down in court as she watches her son’s father abuse her child by making him run on the treadmill because he was “too fat.”

New Jersey father Christopher Gregor is accused of killing his 6-year-old son Corey Micciolo.

New footage shows the boy repeatedly face… pic.twitter.com/aVKknkOGd5

— Collin Rugg (@CollinRugg) May 1, 2024

Headline

14-year-old British-Nigerian’s Death Raises Renewed Concerns Over Knife Violence In London

Published

13 hours ago

May 2, 2024

Editor

The recent sword attack in Hainault, a suburban area in northeast London, has sparked renewed discussions about the ongoing issue of knife crime in the UK, particularly in the capital.

The young victim of the attack has been identified as Daniel Anjorin, a 14-year-old boy.

The Times reports that Anjorin, the son of a science teacher, went to school with Grace O’Malley-Kumar, the Nottingham knife-attack victim.

According to recent data from the Office for National Statistics, reported by Sky News, there has been a 7% rise in knife crime from December 2022 to December 2023. Over the past decade, there has been a significant 81% increase in this type of crime.

Knife-related crime rates in London and the West Midlands are among the highest in England and Wales.

The number of knife-related crimes reported by the Met Police increased by 20% between 2022 and 2023, while in the West Midlands, there was an 8% rise.

In 2023, London saw a concerning 30% of knife-related crimes, amounting to 165 incidents per 100,000 people.

Meanwhile, the West Midlands recorded a slightly lower rate of 118 incidents per 100,000.

For both male and female victims, sharp objects such as kitchen knives, swords, and machetes accounted for two-fifths of all killings in the United Kingdom in the year ending in March 2023.

While the recent attack involved the use of a sword, statistics from the Home Office indicate that such incidents are relatively rare in cases of fatal stabbings.

Although the attacker employed a sword in yesterday’s incident, it contributed to only three fatalities involving sharp objects in 2023.

Faron Paul, leader of Faz Amnesty, an organisation facilitating the surrender of weapons by children to the police, expressed at the scene of the blockade that authorities are not sufficiently addressing the prevention of knife crime.

Speaking with the BBC, he said, “It’s not rising. It’s gone through the roof. We’ve got a big problem here. Children are dying on the street every single day. You’ve got a problem. And I don’t feel like the right things are being put in place to prevent, deter or stop knife crime.”

He added that it wasn’t just the area but “the whole of London has a problem.”

“We need to have better consequences and laws in place. We need to stop buying and selling illegal weapons online. And then we need to think about preventative measures.”