Connect with us

News

BOSG urges accounting officers on strict compliance to 2024 budget, increases Target of Internally Generated Revenue in the state

Published

on

BOSG urges accounting officers on strict compliance to 2024 budget, increases Target of Internally Generated Revenue in the state

By Babagana Wakil

The Borno State government has urged all accounting officers and Director finance in the state to operate within the funds approved in the 2924 budget as assented to by Governor Babagana Zulum.

The state commissioner for Budget and Planning, Professor Mustapha Malumbe who made the call Monday at a press briefing with journalists on 2024 approved budget held at the international conference hall of Usman Musa state secretariat Maiduguri said,”this budget is not just about numbers; it embodies a vision for a more prosperous, secure, and equitable future for all. Consolidation underscores Government’s commitment to building upon the successes of the past year,” .

The Commissioner said “the success or otherwise of this policy will largely depend on each and every one of us. I therefore, crave your indulgence to operate strictly within the bounds of the budget so as to achieve the set objectives”

He said the Borno State government has targeted N27.7 billion Internally Generated Revenues (IGR) with a budget performance of between 80 and 90 percent in 2024 fiscal year, stressing that thee improved budget implementation, was attributed to statutory allocation revenue from the Federal Government and payments of ground rents that raised IGR by 25 per cent.

“This budget is not just about numbers; it embodies a vision for a more prosperous, secure, and equitable future for all. Consolidation underscores Government’s commitment to building upon the successes of the past year,” Malumbe said 

He also advised the accounting and finance officers to note that the budget document is a set of policy guide which will enable MDAs operate during the 2024 fiscal year, pointing out  that,  no request for funds not funded in the budget will be entertained.”

Malumbe said the 2024 Budget is saddled with Government’s commitment in Building on the foundation laid in the previous years; this year’s budget tagged “Budget of Consolidation and Progress marks a significant step forward in the shared journey towards achieving long-term goals.”

The commissioner further explained that the State Government will continue to strengthen fiscal discipline, invest in key infrastructure projects, and implement reforms that create a more enabling environment for businesses and individuals to thrive..

” This budget also embodies progress. Government will be making strategic investments in areas critical for sustained growth and development, such as Education, Healthcare, Works and Reconstruction to also champion initiatives that empower vulnerable communities, return of IDPs and bridge the gap between opportunity and disadvantage,” he added.

“”The expenditure proposals for the fiscal year 2024, aims to strengthen the accomplishments achieved so far and further ensure the delivery of democratic dividends, especially in the realms of socio-economic and political development of the State,” the commissioner said.lb

He further explained also that the 2024 Approved Budget was also in line with the ‘State Government’s Medium Term Expenditure Framework’ wq (MTEF 2024 – 2026) approved by the Borno State House of Assembly, the ‘Strategic Transformation Initiative’ (STI) for 2024 and 25-year State Development Plan in an effort of building Borno Back and Better. 

He also emphasized on  the key objectives and priorities outlined in the MTEF for the current budgeót yea which include amongst others the  complete return and resettlement of all IDPs to their ancestral homes, completion of all on-going projects in the State and 

He noted that the aim was  to ensure food security and also mitigate some of the negative impacts of climate change, thus providing livelihoods for our rural population and to reduce over-dependence on Federal transfers through improved independent revenue generation achievable via a technological-driven and independent Board of Internal Revenue;

Professor Mustapha Babagana revealed that  thhis would involve implementation of programmes that generate employment and create wealth and ensure adequate security while comparing the  2023 budget size  which was N235,331,950,000.00 and  made up of capital expenditures, based on the fiscal forecast and guidelines provided in the Medium-Term Expenditure Framework (MTEF 2023 – 2025) and aligned to the Budget Estimates. 

He said the overall 2023 Budget Performance stood at 74.4% and during the 2024 fiscal year government is going to establishment specialized hospitals and schools of Nursing in the three senatorial district of the state. Construction of ICT centers, Government Lodges, teachers and health workers quarters. Procurement of equipment to the State University Teaching Hospital and completion, provision of scholarships to indigenous people to study nursing and midwifery courses and sponsor students in various fields of study, especially Science, Technology, Engineering, and Mathematics (STEM) courses, languages, and training of pilots

He said the 2023 budget is not without challenges, however because of the doggedness of His Excellency and the resilience of the people there was a huge success in implementation of the budget such as  challenges security situation of ongoing Boko Haram .insurgency,, economic recovery and Internally displaced persons (IDPs): The large number of IDPs in the state informed additional  resources  require to alddress the challenges among others.

BOSG urges accounting officers on strict compliance to 2024 budget, increases Target of Internally Generated Revenue in the state

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Military

NSCDC Intensifies Anti-Corruption Fight, Inaugurates New Heads of Anti-Corruption and Transparency Unit

Published

on

NSCDC Intensifies Anti-Corruption Fight, Inaugurates New Heads of Anti-Corruption and Transparency Unit

By: Michael Mike

The Nigeria Security and Civil Defence Corps (NSCDC) has reinforced its commitment to combating corruption by inaugurating new heads of its Anti-Corruption and Transparency Unit (ACTU) and unveiling a robust Corruption Prevention Strategy.

Commandant General (CG) of NSCDC, Prof. Ahmed Audi on Wednesday charged the newly inaugurated ACTU heads to lead by example, enforce compliance without fear or favour, and resist undue pressure by upholding the values of integrity, transparency, and accountability.

The CG, represented by the Deputy Commandant General (Administration), DCG Adeyinka Ayinla, delivered the keynote address at a one-day sensitization workshop, inauguration ceremony, and integrity award event held at the Corps’ National Headquarters in Abuja.

Audi stated that the new NSCDC Corruption Prevention Strategy is designed to reduce misconduct, promote due process, and reinforce internal discipline within the Corps. He applauded the support of President Bola Tinubu, through the Minister of Interior, Honourable Olubunmi Tunji-Ojo.

Also speaking at the event, the Chairman of the Independent Corrupt Practices and other related Offences Commission (ICPC), Dr. Musa Aliyu, stressed that corruption undermines service delivery, erodes public confidence, distorts development priorities, and weakens the security architecture of a nation.

Aliyu, represented by Mr. Olusegun Adigun, assured the NSCDC of the Commission’s continued partnership in championing preventative measures across Ministries, Departments, and Agencies (MDAs), and appreciated the Corps for its strong anti-corruption posture.

Earlier, the Chairman of the NSCDC ACTU, Acting Commandant Audrey Obeh, described the gathering as a “transformative moment” and a testament to the Corps’ dedication to integrity and national development. She commended the Commandant General for his visionary leadership, which has provided an enabling platform for the ACTU to thrive.

“The inauguration of ACTU Heads, integrity awards, and unveiling of the NSCDC corruption prevention strategy all demonstrate how we are intentionally strengthening the pillars of accountability within our system,” Commandant Obeh stated.

A key highlight of the event was the presentation of integrity awards to deserving officers and staff.

The CG of NSCDC, Prof. Ahmed Audi, received the Integrity Champion and Visionary Award.

The erstwhile Chairman of NSCDC ACTU, Commandant of Corps Remi Ekundayo, bagged the Distinguished ACTU Chairperson Emeritus Award.

Other recipients included ASCII Amanze Abraham Onyedikachi (ACTU Integrity, Ethics and Compliance Award), and CSC Aremu Rafiu (Kwara State Command), CSC Akinwande Adesola Comfort (Oyo State Command), SC Umar Abubakar Ladan (Borno State Command), and SC Yusuf Ibrahim Yusuf (Jigawa State Command), who all received the ACTU Outstanding Performance and Distinguished Service Award.

Goodwill messages were also delivered by representatives from sister agencies, including the Controller General of Immigration, the Director General of the National Emergency Management Agency (NEMA), and the National Identity Management Commission (NIMC).

NSCDC Intensifies Anti-Corruption Fight, Inaugurates New Heads of Anti-Corruption and Transparency Unit

Continue Reading

News

Indigenous Contractors Call on President Tinubu to Pay Owed N500 billion Contract Money to Stop their Untimely Death

Published

on

Indigenous Contractors Call on President Tinubu to Pay Owed N500 billion Contract Money to Stop their Untimely Death

By: Michael Mike

Indigenous contractors have cried to federal government to immediately pay them for contracts they have fully agreed executed in order to stem the tide of death of their counterparts and severe hardship all of them of continued to bear due to continued non-payment of what is due to them.

The group who thronged the federal ministry of finance for the second day running to protest non-payment of over N500 billion to indigenous contractors for contracts already completed and since commission, lamenting severe hardship of contractors and called on the President to intervene immediately.

Speaking during the protest in Abuja, representatives of the Indigenous Contractors Association of Nigeria said the government’s failure to release payments for fully executed 2024 federal projects has pushed many contractors into financial distress, loss of property, illness and in some cases death.

Haruna Gabari, President of the Nigerian Indigenous Contractors Association, highlighted the non-payment of contractors for 2024 projects, expressing frustration over the federal government taking credit for contracts executed by contractors without providing the approved payments.

He said: “We are protesting the contract we executed on behalf of the Nigerian federal government, a contract commissioned and executed by the federal government, particularly by members of the National Assembly, who have taken credit for it. But so far, the federal government has not paid us.”

Gabari called for presidential intervention to ensure payment and accountability. He urged the President to direct the Minister of Finance and the Coordinator of the Ministry of Economy to release the outstanding funds.

“So what we are asking is that the president intervene and demand that the Minister of Finance and the Coordinator of the Ministry of Economy pay us our money,” he noted.

He criticized the Minister of Finance for alleged incompetence and its impact on the economy. He argued that unpaid contractors slow economic activity and blamed the minister for stagnation.

“He has shown himself to be irresponsible in his duties and incapable of handling such an important position. We are the leaders of the economy. When we pay the contractors, the economy moves. But as you can see, the economy is stagnant. It’s stagnant, nothing is moving,” he said.

Gabari highlighted the human cost of the delay in payments. He spoke of contractors who are sick, hospitalized, or have lost property due to the unpaid contracts, condemning the perceived indifference of the Ministry of Finance.

“Some of our members are dying. Some are in the hospital. Some have lost their property. In response to our disaster, the minister told us that people are dying every day. If contractors are dying, what’s so special about that? Because he’s asking us to die, and we’re asking ourselves to die too,” he stated.

He further warned of escalating consequences if payments are not made promptly. He implied that continued inaction could lead to further economic and social distress, pressing the urgency for immediate government response.

“Before the end of December, by His grace, he will be normal. He will join some of our members who have died,” he said, emphasizing the seriousness of the situation and the human toll of delayed payments.

Public Relations Officer of the Association, Rotimi Raheem, emphasized the ongoing delay in payment for 2024 contracts. He highlighted that despite repeated protests and official meetings, the contractors have yet to receive their dues.

“We were here, we protested, this is our third time of protesting. We protested about a month ago in National Assembly, in which the leadership of National Assembly met with the President and told the Minister of Finance, instructed the Minister of Finance to pay us. We have submitted our list for about three weeks ago. Up till now our payment has not been made,” he said.

He pointed out that the contractors have been persistent in their demonstrations to secure payment. Raheem noted that the protesters have been camping overnight and engaging directly with officials to press for immediate action.

“We started this protest yesterday and we slept here all through the night. A permanent secretary came out yesterday that our payment will be made before the month end. We told him we are not for that,” he said.

Raheem stressed the urgency for a prompt resolution within 48 hours, explaining that leadership is trying to negotiate a pathway to ensure the funds are released to contractors without further delay.

“We have called our leadership for negotiation this money, that we should give them way in, so that in the next 48 hours our money will be paid. But up till now, we are trying to convince our members to give them the way so that they can enter,” he said.

He further highlighted the accountability of the Finance Ministry in the delay,stressing that the failure to release funds reflects poorly on the ministry and undermines the economic contributions of contractors.

“The leadership of National Assembly met with the President and told the Minister of Finance, instructed the Minister of Finance to pay us. We have submitted our list for about three weeks ago. Up till now our payment has not been made,” he said.

Indigenous Contractors Call on President Tinubu to Pay Owed N500 billion Contract Money to Stop their Untimely Death

Continue Reading

News

Envoy: Cinema, Now Tool of Growing Chino-Nigerian Relationship

Published

on

Envoy: Cinema, Now Tool of Growing Chino-Nigerian Relationship

By: Michael Mike

The China Cultural Centre, Counsellor Yang Jianxing has explained that cinema is now emerging as the latest tool in building bilateral, stating that film and artistic collaboration would continued to be employed to boost Chino-Nigerian relations.

He made the declaration on Tuesday evening at the Chinese Embassy’s masterclass and special screening of the acclaimed documentary, ‘Rooting’ at the Zuma International Film Festival in Abuja.

Yang said the series of events is not only a cinematic feast, but also a dialogue between civilisations and a testament to friendship.

The counselor, who represented the Chinese Ambassador in Nigeria, Yu Dunhai described the featured documentary Rooting, filmed over four years in Yunnan Province, as “a condensed visual chronicle of China’s poverty alleviation efforts.”

He said the film follows a rural villager who escapes poverty with the help of targeted government policies and has earned multiple awards at international film festivals.

Yang said the film’s message mirrors the hopes of many Nigerians. “The film’s theme resonates deeply with the Nigerian people’s aspirations for national development and a better life, and we believe the authentic footage and heartfelt language will strongly resonate with audiences.”

While speaking further, he extended appreciation to festival organisers and key Nigerian film figures.

He said: “On behalf of the Chinese Embassy in Nigeria and the China Cultural Centre in Nigeria, I would like to express my sincere gratitude to the Zuma International Film Festival Organising Committee for their meticulous preparations and warm invitation.”

He also praised the Chinese filmmakers behind Rooting for travelling to Nigeria for the screening. “I extend my highest respect to Director Chai Hongfang and Director of Editing Zhou Xinxia, who have travelled all the way from China, and express my heartfelt thanks to China Harbour Engineering Company (Nigeria) Ltd. for their tremendous support,” he added.

Highlighting the cultural dynamism of both Nigeria and China, he observed that “China and Nigeria are world-renowned film-producing countries,” adding that Nollywood’s output of 2,500 films annually makes it the world’s second-largest film industry.

He described the Zuma Film Festival as “an important window for exchange and mutual learning between different civilisations.”

Jianxing also spotlighted China’s own cinematic growth. “In 2024, the number of screens in China exceeded 90,000, and the total box office reached 6 billion US dollars,” he said, noting the country’s evolution from black-and-white productions to a global film powerhouse.

He underscored the cultural weight of documentary filmmaking, despite limited commercial returns. “We should pay our highest respects to Director Chai Hongfang, Director of Editing Zhou Xinxia and their colleagues for their dedication and contributions to social progress,” he said.

Yang however announced that another Chinese documentary, SHENZHOU13, filmed by astronauts aboard the Shenzhou Space Station, would also be screened at the festival. “We believe this screening of Chinese films will be another beautiful chapter in the history of cultural exchange between our two countries,” he stated.

Yang while linking the event to broader policy, explained that the outcomes of the Fourth Plenary Session of the 20th CPC Central Committee emphasised deeper global cultural exchanges. He reminded the audience that 2026 is designated the China-Africa Year of People-to-People Exchanges, adding: “We look forward to deeper exchanges and cooperation between China and Nigeria in the film field, playing a bridging role in enhancing the friendship between the two peoples.”

Envoy: Cinema, Now Tool of Growing Chino-Nigerian Relationship

Continue Reading

Trending

Verified by MonsterInsights