Aso Villa Reads for 13/08/2020
According to Leadership, the federal government, through the Ministry of Communications and Digital Economy, has commissioned 11 different Information and Communication Technology (ICT) projects across the country. This is a second phase of the virtual commissioning of projects executed by National Information Technology Development Agency (NITDA), Nigerian Communications Commission (NCC), Universal Service Provision Fund (USPF) and the Nigerian Postal Service (NIPOST) all under the supervision of the ministry. Some of the virtually commissioned projects include Tertiary Institution Knowledge Centre (TIKC), Delta State University, Abraka; School Knowledge Centre (SKC), Government Day Secondary School, Hassan Central, Gombe State; and Health Data Sharing Centre, Abubakar Tafawa Balewa University (ATBU), Bauchi State. Others are Virtual Examination Centre, University of Maiduguri (UNIMAID); Information Technology Innovation Park, Kogi State University, Ayingba; and Emergency Communications Centres (ECCs) at Ilorin and Calabar, Kwara and Cross Rivers states, respectively. While conducting and commissioning the projects virtually, the minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim (Pantami), said the projects commissioned were related to the three agenda of the Federal Government of Nigeria.
The Federal Government has released new details on the Micro Small and Medium Enterprises (MSMEs) support scheme being rolled out under the National Economic Sustainability Programme. According to estimates provided, the sum of N50 billion will be used to provide payroll support, N200 billion for loans to artisans, and N10 billion support to private transport companies and workers. The government disclosed in a tweet on the official handle of the government,informing that the support scheme will include a Guaranteed Off-take Scheme for priority products, and an MSMEs Survival Fund. The Federal Govt is rolling out, under the National Economic Support Plan that the support schemes for MSMEs nationwide, including a Guaranteed Offtake Scheme (guaranteeing off-take of priority products); and an MSMEs Survival Fund that will make payroll support available to save jobs and sustain local production. The first track is a Guaranteed Off-take Scheme which will ensure continued local production and safeguard 100,000 existing small businesses to save 300,000 jobs. Business Day reports.
The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, yesterday disclosed that it currently generates N3 billion weekly from stamp duty collection. He said the revenue had been generated weekly from May 2020 till date from Deposit Money Banks (DMBs). The FIRS boss spoke when he appeared before the House of Representatives Committee on Finance to resolve the face-off between the FIRS and Nigeria Postal Service (NIPOST) over stamp duty collection, and the fate of the N58 billion revenue generated from February 2016 to April 2020. Nami said the FIRS was able to generate such a huge amount of revenue from a single stream of stamp duty collection from DMBs because the service had deployed a new technology to track and capture such revenue straight into the federation account. He explained that the Application Programming Interface (API) technology solution, which is online real-time technology, makes the collection of stamp duties easier. He said since his assumption of office in December 2019, the FIRS had discovered over N30 billion in the NIPOST Stamp duty account with the Central Bank of Nigeria (CBN), adding that the account was opened in 2016 specifically to warehouse revenue from stamp duty collection. This Day reports.
The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to working with relevant partners and stakeholders in the oil and gas sector to boost delivery of gas to the domestic market. Mele Kyari, group managing director of NNPC, made the commitment at the launch of the Nigerian Gas Transportation Network Code (NGTNC) which is designed to enhance the use of gas as a catalyst for national economic development. In a goodwill message at the event, the NNPC boss said the corporation was at the centre of gas delivery to the domestic market, stressing that it was involved in all the available gas delivery infrastructure in the country either directly or indirectly through joint venture partnership. As reported by Business Day, Kenny Obateru, group general manager of the corporation, in a statement said the inauguration of the Network Code was an opportunity to enhance gas delivery and utilisation in furtherance of the Federal Government’s objective of transforming gas into a key component of the nation’s energy mix and revenue sources.“We will continue to give our support to this process to ensure that the full delivery of this process is achieved,” he said.
The Federal Government on Wednesday resolved that henceforth, it would be deducting any illegal fees imposed on mining companies by state governments from the allocation of such states. It has therefore directed the Minister of Finance, Budget and National Planning, Zainab Ahmed, to begin to implement the directive. The decision was reached at a meeting of the Federal Executive Council presided over by the President, Major General Muhammadu Buhari (retd.). The Minister of Information and Culture, Lai Mohammed, disclosed this to State House correspondents at the end of the meeting held at the Presidential Villa, Abuja. Mohammed said the decision was taken to eradicate double taxation in the mining sector and also gain investors’ confidence. Punch reported.
President Muhammadu Buhari on Thursday pledged to spend more on infrastructure across the country, focusing on finishing projects delivered by local contractors and technology that create jobs for thousands of Nigerians. President Buhari made the pledge at the virtual inauguration of the new headquarters building of the Nigerian Content Development and Monitoring Board, NCDMB, in Yenagoa, Bayelsa State. According to Vanguard, the President said the iconic 17-storey building, known as the Nigerian Content Tower, with the full complements of a 10MW Power Plant and 1000-seater Conference Center, reflects his administration’s drive to provide infrastructure across the country to attract investments, create jobs and eradicate poverty. According to him, “With the commissioning of this project, I want to highlight that we have put in place a landmark of reference in the Niger Delta to reflect long-lasting legacies that signpost the years of oil and gas exploitation and I assure you that there is more to come.” President Buhari in a statement issued by his Special Adviser on Media and Publicity, Chief Femi Adesina, expressed delight that thousands of direct and indirect jobs were created during the execution of the project in addition to the various business opportunities.