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FCT IGR Increases by 20% in n 2024 

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By Laide Akinboade, Abuja

The Federal Capital Territory (FCT) on Thursday revealed that it’s Internally Generated Revenue (IGR), increased from N211,100,288,136.36  in  2023 to N252,825,487,775.71 which represents a 19.8% increase on last year’s collection.

The Acting Executive Chairman, Federal Capital Territory Internal Revenue Service, FCT-IRS, Michael Ango, stated this while fielding questions from journalists in Abuja.

He said his agency was able to meet about 100% of their target for 2024.

According to Ango, “As you may be aware, the FCTIRS reported a total revenue collection of N211,100,288,136.36 for the 2023 fiscal year from all sources.

I am pleased to report to you that as I closed off business yesterday, Wednesday 18th December 2024, we have a total collection of N252,825,487,775.71 which represents a 19.8% increase on last year’s collection and is just about 100% of our revenue target for the year. You should appreciate that we still have about 11 days in the year and we hope that before the end of the year we will increase the collection significantly.

“Having said that, this performance was due to the efforts of our staff, the management of the FCTIRS and of course the support that we got from secretariats, departments and agencies of the FCT who have all been supportive and have collaborated with the FCT in this regard. I must also mention the support and understanding that we got from the area councils and other agencies of government within and outside the FCT. Let me highlight some key achievements and developments which occurred in 2024.

“Most significantly of course is my appointment as acting executive chairman in August 2024 further to which we have taken certain steps to improve the ability of the FCTIRS to discharge its mandates. Some of the significant changes and developments that have been introduced since my appointment include the following. We did a review and expansion of the organizational structure of the FCTIRS and we created new departments such as the audit department, debt management and enforcement which did not previously exist.

“We also expanded the tax operations department by creating two new directorates, one mainly focused on ministries, departments and agencies and the other one focused on individuals, enterprises and partnerships. So for those of us who are not tax people let me explain. Typically in the FCT we collect taxes from individuals but also we collect taxes from the individuals through corporate entities”.

He said, “So for example companies, ministries and departments of government. In this regard what we have done is to segment the collection of those taxes into two different directorates. So you have a directorate that will be focused on ensuring compliance by ministries, departments, agencies of government and other corporate entities including international organizations and you have a separate department which will be focused on ensuring tax compliance by individuals, enterprises and partnerships”.

He stressed that, “We also created a high net worth individual unit which is focused on taxation of high net worth individuals in the FCT. Now the whole idea is that we need a unit within the agency that will focus, must be with such light on high net worth individuals and for this purpose we define high net worth individuals as any person who earns 25 million Naira and above annually whether from paid employment, whether from carrying on business or even from passive income such as dividends, interest, etc, rents. That is our definition of HNI for this purpose and so we have created a unit that will be focused on taxation of HNIs and in this regard we have identified at this time over 10,000 individuals in the FCT who have met that particular threshold.

“And this is only based on limited information that we have. As the unit begins to become operational, we believe that we will even identify more of such individuals and we are excited to send notices to them asking them to regularise their tax status in the FCT and I can tell you that the response has been favourable so far. Now I am also focused on harmonisation of revenue administration in the FCT which is part of the mandate that we have under our law as the Internal Revenue Service for the FCT”.

He said his agency has strengthened their collaboration with various agencies of government, which includes their collaboration with the Nigerian Financial Intelligence Unit.

On capacity building, he said a minimum of 52 training programmes, for their workers.

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FUSHO Ag VC Promises Collaboration with Lydia Memorial Hospital

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By David Torough, Abuja

The Acting Vice Chancellor of the Federal University of Health Sciences, Otukpo (FUHSO), Prof. Stephen Abah has promised a stronger collaboration with the Memorial Hospital, Ugbokolo for better health services to the people.

Prof. Abah stated this when he received a team of management of the hospital led by the Chief Executive Officer and Medical Director, Dr.

Mark Ogbodo on Thursday in his office on a courtesy visit.

The Vice Chancellor expressed his profound gratitude and thanked the management of the hospital for the visit and described the CEO of the Hospital, Dr. Ogbodo as a long time friend who has a quest for excellence.

On his part, Dr Mark Ogbodo, who is a FUHSO Ambassador and the Immediate Past Public Relations Officer of the Nigerian Medical Association, Benue State Branch as well as the Immediate Past Secretary of the Association of the Nigerian Authors, Benue State Chapter said that the visit was to congratulate Prof.

Abah on his recent well deserved feat as the FUSHO Acting Vice Chancellor.

Dr. Ogbodo who described Prof. Abah as a great achiever and mentor to many and whose achievements are commendable, presented to him, on behalf of the Hospital, an Award of Excellence, in recognition of his exceptional achievements and contributions to academic and medical excellence in Nigeria, examplary leadership prowess and in appreciation of his countless courtesies extended to Lydia Memorial Hospital.

He added that the Hospital’s vision is to ensure a complete state of well-being of patients and promote healthy medical practices in all forms with the mission to provide affordable and easily accessible excellent healthcare services through God’s gifted hands in the purest forms is also poised to deliver the best healthcare services to the people.

Other dignitaries at the occasion were the University’s Bursar, Librarian, Registrar and other members of the university management.

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Bill to Rename Benue Varsity Passes Second Reading

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The bill to rename the Benue State University (BSU), Makurdi, after the second civilian governor of the state, Rev. Fr Moses Adasu, on Thursday passed second reading during plenary at the Benue Assembly.

The Majority Leader, Mr Saater Tiseer (APC/Mbagwa), said that the provisions of the assembly’s Standing Orders XII, Rule 83, limited the second reading to the general merits and principles of a bill and not its details.

Tiseer said that the bill was aimed at changing the maiden name of the university to Adasu as a mark of honour as the founder of the university.

“In 1992, the second civilian governor of Benue, the late Rev. Fr. Moses Adasu, successfully established the Benue State University.

“He swiftly set up a steering committee led by the late Chief Edwin Ogbu, which ensured the take-off of the university in the 1992/1993 academic session.

“The Benue State University became a reality under the watch of the late Adasu, whose tenure lasted for barely two years before it was truncated by another military intervention.

“32 years after its establishment, BSU has fulfilled the dream of its founding fathers by providing the Benue child with easy access to university education and employment opportunities as well as highly trained manpower.

“Relatedly, the bill for a law to establish the Benue University of Agriculture, Science, and Technology, Ihugh, also passed second reading,” he said.

The majority leader said that the bill was aimed at establishing a professional university in the state as a replacement for the Federal University of Agriculture, Makurdi.

He said that the federal university has been restructured into a conventional university offering courses in both the physical sciences, arts, and the humanities.

According to him, the proposed university was a timely and transformative initiative.

Tiseer stated that the university would undertake research in modern agriculture, harness local potentials in technological innovations, and partner with advanced universities in other climes.

The majority added that it would and equip the youth with entrepreneurial skills needed to drive economic growth and development.

He said it was in addition to availing the Benue child of more options and access to higher education in the changing world order.

The Minority Leader, Mr Michael Audu, seconded the two motions and the bills second reading.

The Clerk of the House, Mr John Hwande, therefore, read the bills for the second time.

The Speaker, Mr Hyacinth Dajo, in his ruling, referred the bills to the House Standing Committee on Higher Education for further legislative scrutiny. (NAN)

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Benue Assembly Summons Former Special Adviser on Missing N1.78bn

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The Benue House of Assembly presided over by its Speaker, Hyacinth Dajo has summoned the former special adviser to Gov. Hyacinth Alia on the Bureau for Local Government and Chieftaincy Affairs, Dr Dennis Akura.

Akura is to appear before during plenary on Tuesday to explain and refund N1.

78 billion that was not accounted while he was in the bureau.

The resolution follows a motion moved by Mr Thomas Dugeri (APC/Kwande West) after a report of the ad-hoc committee that investigated the operations and financial records at the local government level covering the period June 2023 to June 2024 that indicted Akura.

Dugeri said that the house requested that Akura should refund the sum of N1.

782 billion to the coffers of the state government.

The lawmaker expressed concern that the reactions of Akura on social media denigrated, maligned, and impugned the resolutions and integrity of the house by calling them unprintable names, claiming that he was not given a fair hearing.

He said that he labelled the house report as not being based on empirical facts and evidence.

Dugeri added that as representatives of the people and responsible house that believed in fairness, transparency, equity, and justice, he humbly requested that Akura should appear before the lawmakers.

According to him, the former adviser is to explain to the Benue people why he cannot refund N 1.78 billion funds he short-changed various local governments for security purposes and compromised the security architecture of the state.

He further stated that all the past local government chairmen who served from June 2023 to June 2024 should equally appear before the house.

The lawmaker stated that they were to appear alongside the directors of general services and administration, treasurers, and security officers of various local governments at the plenary as well to enable the Benue people to establish the veracity of the report.

He warned government appointees against disparaging and spewing unnecessary invective on honourable members who were carrying out their constitutional duties for the interest of Benue people.

They pointed out that in line with the Supreme Court Judgement on Local Government and Financial Autonomy, the house should initiate and accelerate the process of amendment of the Local Government Law.

According to them, doing so would curtail the powers and excesses of the Bureau of Local Government so as to promote the local government financial autonomy.

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