FAAC: States Insist on Full Remittance by NNPC Claim corporation remitted N127bn instead of N147bn
dubuisi Francis in Abuja There appears to be no let off for the Nigerian National Petroleum Corporation (NNPC) on the controversy surrounding its remittance to the Federation Account for distribution by the
three tiers of government for the month of May. The commissioners for finance from the 36 states of the federation met last night and insisted that the states would not accept anything short of the NNPC fully remitting N20 billion outstanding to the
NNPC: Issues will be resolved with the VP who chairs NEC
Federation Account. According to them, the state oil corporation remitted N127 billion instead of N147 billion into the Account, for the month of May. The Federation Account Allocation Committee (FAAC) meeting where stakeholders
gathered in Abuja on Wednesday for the sharing of the May allocation ended in a stalemate over the NNPC remittance Addressing journalists on Saturday on recent developments over the calims and counter claims of remittances to the federation acccount,
the Chairman of the Finance Commissioners Forum, Mr Mamood Yunusa alleged that the national oil company remitted N127 billion as May earnings instead of N147 billion, leaving a shortfall of N20 billion. Yunusa said: "Based on all provable assumption parameters,
the Nigerian National Petroleum Corporation (NNPC) is to remit N60 billion as Royalty based on the verbal admission of the Department of Petroleum Resources (DPR) and based on the MTEF (Medium Term Cosntinued on page 8
CBN: Bank Customers' BVN Enrolment Hits 33.6m ... Page 13 Sunday 1 July, 2018 Vol 23. No 8473
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2019: Tinubu, Govs May be Seeking Amaechi’s Removal as Buhari’s Campaign DG Asiwaju tells ex-Rivers governor to resign
Abimbola Akosile Less than a week after the All Progressives Congress (APC) held its national convention
amid deep disaffection, a fresh crisis appears to be brewing in the party. Some governors in conjunction with a former Lagos State governor, Asiwaju Bola
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Tinubu, as well as some top security officers are alleged to have commenced moves against the Minister of Transportation, Mr. Rotimi Amaechi, principally
to replace him as DirectorGeneral of President Muhammadu Buhari’s 2019 campaign. This development is said to be connected to scheming ahead
of the 2023 presidential run. Many party members see the emerging situation as a huge challenge for the new leadership of the party under Comrade
Adams Oshiomhole. While the power play in the APC assumed a new dimenCosntinued on page 8
US Accuses FG of Condoning Human Trafficking, Says Nigerians Travel to Togo for Child Sex Claims Nigerian embassy officials in Tripoli requested money before evacuating victims from Libya Calabar, transit point for children subjected to forced labour in Cameroon, Equatorial Guinea, Gabon Lai Mohammed: We are not condoning trafficking Bayo Akinloye For the second consecutive year, Nigeria has been placed on Tier-2 Watchlist by the United States government for failing to meet minimum standards for the elimination of trafficking. The latest report accused the Nigerian government of turning a blind eye to allegations of trafficking levelled against senior government officials and soldiers as revealed in the 2018 Trafficking in Persons Report. The newest human trafficking report obtained by THISDAY on Saturday from the US Department of State also accused Nigerian judges of corruption and not being conversant with the 2015 amended anti-trafficking act. For the fourth consecutive year, the document showed that Nigeria did not report any prosecutions or convictions of government employees complicit in human trafficking offences, despite consistent reports of officials committing trafficking offences each year. It added that Nigeria’s ports Continued on page 8
SKIPPO IS 55…
L-R: Chairman, Forte Oil, Mr. Femi Otedola; Minister of Power, Works & Housing and celebrant, Mr. Babatunde Fashola; Guest Speaker and Chairman, First Bank of Nigeria, Mrs. Ibukun Awosika and President, Dangote Group, Alhaji Aliko Dangote, during the first edition of BRF Gafest 2018 with the theme: "The Youth in Nigeria: Mapping the Future", to mark Fashola's 55th birthday anniversary at the City Hall, Lagos ...recently
Messi, Ronaldo Exit World Cup Unsung ... Page 79