HOOOGENEWS

Federal government of Nigeria, thirty-six state governments and seven hundred and seventy-four local government area have shared the sum of  N695.03 billion as revenue for the month of February as the Nigerian National Petroleum Corporation (NNPC) plan to deduce N242.53 billion for subsidy. Mr. Olajide Oshundun, The Federation Account Allocation Committee Director of Information disclosed this in a communique in a virtual conference on Tuesday.  Inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Non-Mineral Revenues and Excess Bank charges, the Federal Government received N236.177 billion, states government received N190.007 billion, and the Local Government Councils got N140.612 billion. Oil-producing states received N23.750 billion as derivation (13% of Mineral Revenue) and Cost of Collection received N23.989 billion and Transfer/ Refunds got N80.498 billion. From the Value Added Tax (VAT) Oshundun noted that 177.873 billion Gross Domestic Revenue was generated in the month

 The Federal High Court in Abuja, Monday, has ordered 20 members of the Cross Rivers State House of Assembly to vacate their seats in the house for defecting from the Peoples Democratic Party to the All Progressive Congress. Justice Taiwo Taiwo, delivery judgment held that the members should vacate their seats since they have dumped the party who brought them to power.  This comes barely two weeks the Ebonyi State governor, David Umahi and his deputy, Eric Kelechi-Igwe was sacked by the Federal High Court in Abuja along with members of the Ebonyi State House of Assembly. 

Willie Obiano  The former governor of Anambra state, Willie Obiano, has been granted bail by the Economic and Financial Crime Commission - EFCC, Abdulrasheed Bawa, the Chairman of the commission has disclosed. Obiano was arrested Thursday at the Murtala Muhammed International Airport, Lagos State,  while attempting to leave for the United States after handing over to his successor, Prof. Chukwuma Soludo. The ex governor has long been at the custody of EFCC for alleged  N42 billion fraud. Bawa, speaking at the sideline of the 5th Annual General Assembly meeting of the Network of National Anti-Corruption Institutions in West Africa in Abuja, Monday, explained that the anti-corruption agency was waiting for the ex governor to meet his bail conditions. The EFCC boss explained that the arrest of Obiano was not political when queued with question why the ex governor has been in the EFCC net beyond the period allowed by the constitution. “Nothing political about the arrest of the former Anamb

  The National Drug Law Enforcement Agency - NDLEA has arraigned the embittered Deputy Commissioner of Police, Abba Kyari at the Federal High Court in Abuja, on eight counts bordering on obstruction, conspiracy, and dealing in cocaine, and other related offences.  In the charge filed through a team of lawyers led by its Director, Prosecution and Legal Services, Mr. Joseph Sunday, NDLEA accused Kyari and four other police officers of conspiracy, obstruction, and dealing in Cocaine worth 17.55 kilograms. They were also accused of tampering with 21.25kg of cocaine unlawfully. The Federal Government, last Thursday approved the request by the United States of America to extradite the suspended Kyari over alleged $1.1million wire fraud involving Abass Ramon aka Hushpuppi and four others. The Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), made this known in an application filed before the Chief Judge of the Federal High Court in Abuja.