TheNewsGuru

Tag: January

  • Nigeria records 15 deaths daily in road accidents between January and June – NBS

    No fewer than 2, 673 people died in road accidents in Nigeria between January and June, according to National Bureau of Statistics, NBS.

    This implies an average of 15 people died each day in the first six months of 2017 in road accidents across the country.

    The NBS Road Transport Data for first and second quarters of the year posted on its website on Tuesday shows that 1, 466 died in the first quarter and 1, 207 died in the second quarter.

    The data, however, indicated that the number of deaths through road accidents was gradually reducing.

    The first quarter data reflected that 2,556 road accidents occurred during the period while the second quarter data reflected that 2,503 occurred in the period.

    The report stated that speed violation was identified as the major cause of accidents with the second quarter recording 44.44 per cent of such cases.

    It stated that loss of control accounted for 12.92 per cent of accidents, while dangerous driving accounted for 8.06 per cent of road crashes in the second quarter.

    The Bureau further stated that 8,270 people were injured in the accidents and that 7,805 of the 8,270 injured persons were adults, representing 94 per cent of the figure.

    The report adds that 465 or six 6 per cent of the injured were children.

    The report stated that the Nigerian capital, Abuja, recorded the highest number of road accidents in the second quarter, followed by Kaduna and Niger states, while Borno and Bayelsa states recorded the lowest number of accidents.

    The bureau estimated the number of vehicles in the country in the second quarter to be 11.51 million for the country’s population of 193.40 million at the end of 2016.

    According to the bureau, a total of 218,060 national drivers’ licences were produced in the second quarter.

    It stated that Lagos State and Abuja produced the highest number of licences while Zamfara and Kebbi states produced the lowest numbers.

  • Price of petrol increases by 36 %, sells at N149 in January – NBS

    The National Bureau of Statistics (NBS) said on Wednesday that average price paid by consumers for Premium Motor Spirit (PMS) known as petrol increased by 35.7 per cent year-on-year in January.

    This is contained in “Premium Motor Spirit (Petrol) Price Watch for January released by NBS in Abuja.

    The report stated that Petrol increased by 35.7 per cent year-on-year and 1.35 per cent month-on-month to N148.7 in January 2017, from N146.7 in December 2016.

    It noted that states with the highest average price of petrol were Borno, which sold the product for N164.09, Oyo; N161.00 and Ebonyi N156.47.

    “States with the lowest average price of petrol were Kogi, which sold at N144.67), Ekiti and Imo, N144.64 and Abuja which sold at N144.20.’’

    The states with lowest average price sold the product below the recommended price of N145.

    Fuel prices are collected across all the 774 local governments across all states and the FCT from more than 10,000 respondents and locations.

    The report reflected prices households actually bought fuels together with the prices reportedly sold by the fuel suppliers.

    The average of all these prices is then reported for each state and the average for the country is the average for the state.

  • FG, States, LGs share N400bn revenue in January

     

    The Federal, State and Local Governments on Friday shared N400 billion revenue among themselves for the month of January.

    The shared amount is N13.1 billion more than what they shared as revenue in December.

    The Minister of Finance, Mrs Kemi Adeosun, at the monthly Federation Account Allocation Committee, FAAC meeting said the N400 billion was distributed under four sub-heads.

    These are: statutory allocation, where the sum of N224.88 billion was allocated, Value Added Tax N79.27 billion, exchange gain N52.84 billion, and excess Petroleum Profit Tax N42.99 billion.

    “After deducting cost of collections to the revenue generating agencies, the Federal Government got N105.76 billion, states N53.64 billion, and local government councils, N41.35 billion.”

    In addition, she said the sum of N15.5 billion was given to the oil producing states, based on the 13 per cent derivation principle.

    For VAT allocation, Adeosun said the Federal Government received N11.4 billion, states N38 billion, while Local Government Councils got N26.63 billion.

    Adeosun said that the Federation generated N145.6 billion as Mineral Revenue and N103.1 billion as non-Mineral revenue, while the excess crude account is 2.45 billion dollars.

    Adeosun said that the force majure Forcados, Qua Iboe and Brass terminals was still impacting negatively on revenue generation.

    Speaking, the Chairman, Forum of Finance Commissioners in Nigeria, Mr Mahmoud Yunusa, said that states were determined to keep improving their internally generated revenue.

    “Low federation revenue has become a blessing in disguise to us. Initially almost all the states relied heavily on FAAC.

    “But now, because the money is no longer there, it has forced us to look inwards at the opportunities and potentials in our respective states and beginning to explore them.

    “We had to look at cutting cost in running governance and blocking all revenue leakages,’’ he said.

  • #RiversRerun: Senate swears in 3 new Rivers senators, adjourns till January

    President of the Senate, Dr. Bukola Saraki has administered oath of office on Senators Magnus Abe, George Sekibo and Osinakachukwu Ideozu, all newly elected senators from Rivers State.

    Recall that the three lawmakers were elected in the Rivers legislative re-run elections that held on Saturday.

    Mr. Abe represents Rivers South East; Mr. Sekibo; Rivers East; and Mr. Ideozu, Rivers West.

    The seats for the three senatorial districts from Rivers State had been vacant since December when the Court Appeal invalidated legislative elections held during the 2015 general elections in the oil rich state.

    “They just came from a tough election,” Mr. Saraki said after congratulating the newly sworn in Senators.

    Mr. Sekibo (PDP) is in the Senate for the third time, Mr. Abe (APC) the second time and Mr. Ideozu (PDP) is a first time senator.

    Meanwhile, the Senate has adjourned sitting till January 10.

    The resolution for adjournment was reached after the Senate reconvened Thursday afternoon to approve votes and proceedings of the day.

  • Fani-Kayode’s trial to resume January 2017

    Fani-Kayode’s trial to resume January 2017

    A Federal High Court in Lagos, has slated Jan. 16, 17 and 18, 2017 for continuation of trial of a former Minister of Aviation, Femi Fani-Kayode standing trial for money laundering.

    Fani-Kayode, who was also a former Director of Media and Publicity, Campaign Committee of Ex-President Goodluck Jonathan, is charged alongside a former Minister of Finance, Nenandi Usman, and Danjuma Yusuf.

    Also charged is a company, Joint Trust Dimension Nig. Ltd.

    They were arraigned on a 17 count-charge bordering on unlawful retention, unlawful use and unlawful payment of money in the tune of about N4.9 billion.

    They had each pleaded not guilty to the charge and were granted bail.

    The trial of the accused which was earlier billed for Dec. 12 was disrupted because of the public holidays.

    The court has now fixed three days Jan. 16, 17, and 18, 2017 for continuation of trial.

    In the charge, the accused were alleged to have committed the offences between January and March 2015.

    In counts one to seven, they were alleged to have unlawfully retained over N3.8 billion which they reasonably ought to have known formed part of the proceeds of an unlawful act of stealing and corruption.

    In counts eight to 14, the accused were alleged to have unlawfully used over N970 million which they reasonably ought to have known formed part of an unlawful act of corruption.

    Meanwhile in counts 15 to17 Fani-Kayode and one Olubode Oke who is said to be at large, were alleged to have made cash payments of about N30 million in excess of the amount allowed by law, without going through a financial institution.

    Besides, Fani-Kayode was alleged to have made payments to one Paste Poster Co (PPC) of No 125 Lewis St., Lagos, in excess of amounts allowed by law.

    All offences were said to have contravened the Provisions of Sections 15 (3) (4), 16 (2) (b), and 16 (5) of the Money laundering (prohibition) (Amendment) Act, 2012.