***N1.96billion for vehicle purchase
The State House, has set aside N7.20billion for maintenance of Presidential Villa facilities being part of N21.137billion budgetary proposals for 2023 fiscal year
It has also set aside N1.96b for vehicle purchase in the fiscal year and N644million for maintenance of State House Lagos Complex and Guest Houses .
At the presentations before the Senate Committee on Federal Character on Thursday, the Permanent Secretary State House, Tijjani Umar said the proposals and projections, were inadequate.
According to him, the total budget size of N21.137billion for State House in 2023 is N19.010billion less, when compared to the N40.148billion appropriated for it in 2022 fiscal year.
The N7.20billion earmarked for maintenance of Villa Facilities he explained, formed the critical component of the Capital Expenditure segment of the proposed budget
“The facilities under this heading include but are not limited to electrical/mechanical installations, buildings and infrastructures in the President’s and Vice President’s residences, offices, State House Auditorium, Presidential and Ministerial Airport Chalets etc
“These commitment usually take about 65% of the total appropriation of the State House. In order to keep the facilities in optimal working condition, the sum of N7.20billion has been proposed for year 2023 against the sum of N7.76billion in 2022”, he said.
He added that 2023 being an election year, the sum of N1.96billion earmarked for vehicle purchase was inadequate just as provision of N59million for maintenance of State House Lagos Complex and Guest Houses, is grossly inadequate.
“The provision of N59million for maintenance of State House Lagos Complex and Guest Houses is inadequate, requiring an estimated sum of N644million for upgrade of the facilities.
“It is also instructive to note that the provision of N1.96billion in the 2023 proposal for vehicle purchase , would still be inadequate to meet existing requirements, 2023 being an election year which entails frequent travels with associated costs as well as the replacement of vehicles by incoming administration ” , he said .
In his remarks, the Chairman of the Committee, Senator Abba Moro ( PDP Benue South), said the slash in the State House budget for 2023 fiscal year, was not peculiar as other MDAs were equally affected .
He assured the Perm Sec that the committee will work on it.
31 retired directors get FCTA commendations for outstanding Service
For making remarkable contributions to the administration, the Federal Capital Territory Administration, (FCTA), has honoured 31 retired Directors from 1st April to 30th June, 2023.
Special Aasviser on Media to FCT Minister of State Austine Elemue indicated that the retired Directors are from the Federal Capital Territory Administration and the Federal Capital Development Authority respectively.
At the ceremony held to honour the retired Directors, FCT Minister of State, Dr. Mariya Mahmoud, stated that their dedication and leadership have left an indelible mark on the Administration in particular and the territory in general.
The minister called on those who are still in service to carry forward the legacy of excellence they have left behind, just as she prayed that their well-earned retirement be filled with joy, relaxation, and new adventures.
Her words: “I have been informed that throughout their tenure, these Directors steered our ship through challenges, inspired teams, and played a pivotal role in our success.
“Their wisdom and experience have been the guiding force behind many achievements recorded today. These Directors have been mentors, friends, and pillars of support to many of us who are still in service.
“I can boldly say that their impact extends beyond boardrooms, as these persons we celebrate today have helped in shaping the very fabric of the FCT Administration and beyond”.
While expressing gratitude for their unwavering commitments and commendable leadership, Mahmoud assured that the FCT Administration would continue to call on them for professional guidance.
“Though they may be retiring from official roles, their influence will endure,” she affirmed.
In his address, the FCTA Permanent Secretary, Mr. Olusade Adesola, commended them for bowing out of service unblemished, noting that their conduct would be emulated by those still in service.
Adesola said: “For us to end like them, it is incumbent on us to continue discharging our duties in line with the extant laws and in accordance with the dictates of the Civil Service Rules, the ethics of the Service, as well as global best practices”.
He, therefore, charged those in service to make hardwork, integrity, honesty, loyalty, incorruptability and professionalism their guiding light and principles as they continue in the delivery of excellent service and infrastructure to the public.
On her part, the Ag. Director Reform Coordination and Service Improvement, Dr. Jumai Ahmadu, who spoke on behalf of the planning committee noted that the retired Directors have devoted themselves to upholding the values and mission of the Administration, demonstrating unwavering commitment and leadership throughout their distinguished careers.
She further noted that their hard work and guidance have undeniably left an indelible mark and have helped shape the Administration into what it is today.
The highpoint of the event was the presentation of gift items to deserving directors for their outstanding performance by the FCT Minister of State.
FCT Minister of State Reaffirms FG’s Commitment To Ease of Doing Business
The FCT Minister of State, Dr. Mariya Mahmoud, has reaffirmed federal government’s commitment to creating an enabling environment for “Ease of Doing Business”.
Special Adviser on Media to Austine Elemues in a statement said the spoke at a time the nation is threshold of unprecedented investment opportunities,
He quoted the minister to have spoken this at the 6th edition of Nigeria Diaspora Investment Summit with the theme: “New Vistas, New Aspirations, New Visions: The Diaspora and National Development”.
Mahmoud, who was represented by the Director, Economic Planning, Research & Statistics, Mrs. Joy Uzodinma, also stressed that the summit was a testament to the importance the government placed on harnessing the skills, resources, and expertise of the global Nigerian community.
While recognizing the vital role the diaspora community plays in this endeavor, Mahmoud assured the diaspora community that President Bola Ahmed Tinubu’s government is committed to ensuring a more transparent and investor-friendly climate.
“Nigeria, with its rich cultural diversity and vast economic potential, is ripe for strategic investments. I, therefore, encourage you, the diaspora, to be active participants in this transformative journey.
“Your skills and experiences gained abroad are invaluable assets that can contribute significantly to the growth and development of various sectors in Nigeria, from technology and healthcare to agriculture and renewable energy.
“The time is now for us to join forces and build a stronger, more prosperous Nigeria together,” she stressed.
Mahmoud further stated that despite the challenges that may exist, the government is committed to addressing them collaboratively.
According to her; “Your insights and feedbacks are crucial in shaping policies that will facilitate a seamless integration of diaspora investments into our national development in line with the Renewed Hope Agenda of the present government”.
IGR: FCTA inaugurates Committee for Capital Gain Tax Implementation
The Federal Capital Territory Administration (FCTA) has constituted and inaugurated Capital Gain Tax Implementation Committee for the FCT.
Head Corporate Communications, Mustapha Sumaila in a statement said it is in part of the effort effort to boost Internally Generated Revenue (IGR)
Quoting the Mandate Secretary, Economic Planning, Revenue Generation and Public Private Partnership, Barr. Chinedum Kelechi the statement announced that, the Hon. Minister of the FCT, Barr. Nyesom Wike has approved the implementation of the Capital Gains Tax (CGT) Act, Cap.CI LFN 2004 (as ).
According to him, the Act imposes a CGT tax rate of 10% on the total amount of chargeable gains accruable to any person upon disposal of his/her chargeable asset or assets in a year of assessment after deduction of the allowable expenses from the gains made on the assets disposal and to be remitted to the FCT Internal Revenue Service as required by the extant law.
Elechi explained that to fully harness the potential of CGT in FCT, the Minister approved for inter-agency collaboration and synergy between the FCT-IRS and other relevant agencies that would work for smooth implementation of this CGT Act.
Stating the terms of reference, the Mandate Secretary charged the committee to conduct comprehensive awareness and education campaigns to improve citizens understanding and also regular stakeholders engagement through business associations, chambers of commerce, Nigeria Bar Association and other relevant organisations.
He urged the committee to conduct monitoring of transactions across the stakeholder agencies and enforce the implementation of CGT in accordance with extant laws, also enjoin members to collaborate with judiciary to handle cases of severe non-compliance or fraud as well as establishing transparent dispute resolution mechanism among others.
He said the committee which would be headed by the Executive Chairman FCT-IRS as chairman, Solicitor General, Director, Land Department, Director, Development Control, Director, Abuja Geographic Information System and the Chairman of Nigerian Bar Association as members while the Director, Tax Operations in FCT-IRS would serve as secretary.
Earlier in his remarks, the Acting Executive Chairman, FCT-IRS, Mr. Haruna Abdullahi said CGT is part of tax types the Service is empowered by law to collect but however lamented that only less than 5% of what is due from capital gain tax is being generated.
Abdullahi expressed joy on the commitment of the FCT minister to bring together relevant stakeholders to work with the Service to enhance the revenue in the territory.
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