FIRS makes FAAC Fat
Many Nigerians hold the notion and presume wrongfully that every money invested in various development projects by the three tiers of government came from one loan or the other. The fact is that most of the money deployed to finance national development in this country was generated internally through the efforts of the Federal Inland Revenue Service (FIRS). The rejuvenated FIRS is now turbocharged in its revenue drive to ensure that the country continues to finance the provision of transportation infrastructure, expansion in power generation, transmission and distribution and giving greater access to tertiary education to develop the necessary skilled manpower to support the economy and enhance our collective wellbeing.
One of the most visible evidence of the effectiveness and historic success in revenue generation by the FIRS is manifested in the fatness of the distributable money that became available to the three tiers of government in the country, especially within the last two years.For it is on record that under the watch of FIRS Executive Chairman, Mr. Muhammad Nami and his team, the revenue declared at the Federation Account Allocation Committee (FAAC) meeting at least thrice hovered around N1 trillion or even surpassed that figure at various months in the year 2022 . It was a feat.
This story regarding that feat from a news outlet is simply nice: “The Federation Account Allocation Committee (FAAC) has shared a total sum of N902.053 billion in November 2022 as Federation Account Revenue to the Federal Government, States and Local Government Councils.” The sum was a shade to a trillion Naira.But a nicer story regarding shared money at FAAC in August 2022 runs thus: “The Federation Account Allocation Committee, has shared a total sum of N954.085 billion Federation Account Revenue to the Federal Government, States and Local Government Councils. Details of the revenue put gross statutory revenue at N1. 066 trillion for the month of July 2022.”
The total was above a trillion Naira.Yet another trillion Naira revenue shared at FAAC, courtesy of the FIRS, was reported in the media as quoted here: “The Federation Account Allocation Committee (FAAC), at its Meeting shared a total sum of N990.189 billion to the three tiers of government, as Federation Allocation for the month of December 2022.”Read the clincher in the N990.189 billion distributed story: “the Gross Statutory Revenue of N1,136.183 billion was received for the month of November 2022.” Again it was above a trillion Naira within 30 days.Commentators on national issues, especially those focusing on the provision of essential facilities that improve the wellbeing of Nigerians had repeatedly insisted that there is a strong linkage between those facilities and the trillions of Naira raked in by the FIRS.
The direct role of the FIRS in enabling the three tiers of government to have the requisite financial muscles to fund national development has placed the institution in the heart of national development. The ability of the FIRS to generate revenue above its target in the era of Muhammad Nami became boldly obvious when the Service collected N6.405 trillion in 2021, which was over a hundred percent of its collection target for the year.It was the first time that the agency crossed the Six-trillion Naira mark. It was achieved in the face of an economic downturn caused by the coronavirus pandemic.
The latest “FIRS 2022 Performance Update” report released by the Service indicates that the previous record of just over N6 trillion was dwarfed by the N10.1 trillion revenue it gained for Nigeria in the year 2022.The direct role of the FIRS in enabling the three tiers of government to have the requisite financial muscles to fund national development is best illustrated by the over N10 trillion the revenue generation machine netted in for the federation in 2022.The revenue Service said the amount was more than 96 per cent of its envisaged collection for the year. It is reportedly the highest tax collected by the FIRS since its establishment in 1947.The good news from the FIRS, which made it possible for FAAC to have fat distributable amount of money for national development has shown that with a sincerity of purpose in public service as demonstrated by Nami and his team, Nigeria can sustain its trajectory to becoming one of the top 15 best countries on earth within a generation. Money generated by the FIRS will finance the process.
By Salisu Na’inna Dambatta
Sierra Leone President Hosts Prophet Joshua Iginla
Global prophet Leading prophetic voice in Nigeria, Bro. Joshua Iginla, on Tuesday, March 28th, 2023 was hosted by the President of Sierra Leone, His Excellency, Julius Maada Bio.
The courtesy visit is not unconnected to the two days National Crusade tagged Sierra Leone supernatural encounter of power and miracle with the theme, Grass to grace inside the X-ray Arena, SS camp, Hill station, Freetown from Wednesday, March 29th till Thursday, March 3oth, 2023 by 5pm daily.
The Prophet who confirmed this through the Facebook page of his ministry described the encounter as a wonderful atmosphere, stating that the President is God fearing and asked him for God’s word concerning the beautiful land of Sierra Leone. He also attested to the fact that he has a compassionate heart and love for his people.
It would be recalled that Iginla is no stranger to the president of Nations as many had hosted him in time past for prayers and declaration of God’s mind for their nations.
Bro. Joshua Iginla is a man whose great prophetic prowess, word impact, stunning deliverance ministration, and diverse healings are second to none. He is one of the most sought-after preachers in the world.
Opinion: Three Factors That Contributed To The Emergence Of Kefas Agbu As Taraba Governor-Elect
The Independent National Electoral Commission (INEC) declared the candidate of the PDP, Kefas Agbu as the governor-elect of Taraba state yesterday.
According to the result declared, Agbu polled 257,926 votes to defeat NNPP’s Muhammad Yahaya who polled 202,277 votes while APC’s Bwacha scored 142,502 votes.
The process that led to the emergence of Kefas Agbu as governor-elect is quite alien to the political structure of Nigeria because unlike many newly elected, Kefas didn’t enjoy the support of the incumbent governor, Darius Ishaku for reasons best known to him yet he emerged against all odds. It is a known fact in Nigeria’s politics that if one doesn’t have the support of an incumbent, emerging winner in any elective post would be a miracle, well, maybe Kefas’ victory is miraculous.
Despite not having the obvious support of the incumbent governor, there are some factors that led to the well-deserved victory of Kefas Agbu, a retired Nigerian army lieutenant colonel and former PDP chairman as the governor-elect of Taraba state.
One of these factors is Kefas Agbu’s goodwill to the people of Taraba state. Among the candidates that contested the election, Kefas Agbu is the only one who is close to the grassroot. Most northern politicians prefer staying in Abuja but for Kefas, Taraba has been his base since he retired from military service. He has been with the people, contributed immensely to the growth of Taraba state, felt the pain of the people and brought comfort to them in his capacity even without being a governor. He is well known and widely accepted by the Muslim, Christian and traditional sectors of the state. For one who has the support of the masses, even if the governor doesn’t support him, the people will definitely vote massively for him and this is exactly what happened. The people of Taraba state voted massively for Kefas Agbu and this is one of the reasons he won.
Another factor that gave him victory is his love for the youths. There has never been a time when Taraba youths participated immensely in the election process like the governorship election that was held on Saturday, 18th Of March, 2023. Kefas Agbu has been a friend of the youths; he has helped several of them conquer the issue of unemployment, he has empowered some of them and supported the entrepreneurs among them. For the youths, Kefas Agbu’s emergence would mean their interest being protected at all cost, it would mean a better representation for them and as expected, they went all out to vote for their friend; Kefas Agbu.
Also, Another factor that paved the way for Kefas Agbu is his accessibility and humility. Even as a military officer, Kefas Agbu was a friend of the people and this led to his success in maintaining peace in the Niger Delta region as a military personnel. An average citizen can access Kefas Agbu and is sure to get a good reception from him. He is a friend of the people and doesn’t discriminate unlike other politicians. These are some of the things that made him win the election.
By Oluwatosin Alex
CHRIST EMBASSY HEALING STREAMS LIVE HEALING SERVICE PREPARATION IN TOP GEAR
Recording its 7th Edition, Christ Embassy is set to Reach the World Globally with the Healing Streams Live Healing Service.
The program is set to run for 3days from Friday 17th March to Sunday 19th March across Nations of the World at 3pmGMT+1 daily.
Speaking in the Lekki Branch, the Pastor of Christ Embassy Lekki Church during her service on Sunday March 12th, had encouraged everyone to be a part of the program with full expectation for the miraculous.
Pastor Deola Phillips also encouraged everyone to Register for the program and prayerfully prepare for the program.
The Program, which had recorded several testimonies from past editions held is another opportunity to pray for Nations and be God’s Outstretched hand to those direly in need of Healing in their bodies.
The Man of God Pastor Benny Hinn had also prophesied in one of the programs held by Christ Embassy, that this edition will come with an avalanche of Miracles like never before.
Many around the world are waiting with full expectation for the program.
To register, click www.healingstreams.tv/zone/LZ5.
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